FTDL (FirsTime Design) EBIT: $0.47 Mil (TTM As of Dec. 2012)


What is FirsTime Design EBIT?

FirsTime Design FTDL EBIT is $0.47 Mil as of Dec. 2012.

FirsTime Design's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2012 was $0.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2012 was $0.47 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FirsTime Design's annualized ROC % for the quarter that ended in Dec. 2012 was 22.16%. FirsTime Design's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2012 was 22.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

FirsTime Design  (OTCPK:FTDL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

FirsTime Design's annualized ROC % for the quarter that ended in Dec. 2012 is calculated as:

ROC % (Q: Dec. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2012 ) + Invested Capital (Q: Dec. 2012 ))/ count )
=0.528 * ( 1 - 0% )/( (2.653 + 2.112)/ 2 )
=0.528/2.3825
=22.16 %

where

Invested Capital(Q: Sep. 2012 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4.599 - 1.104 - ( 0.842 - max(0, 1.104 - 4.538+0.842))
=2.653

Invested Capital(Q: Dec. 2012 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4.507 - 0.902 - ( 1.493 - max(0, 0.902 - 4.452+1.493))
=2.112

Note: The Operating Income data used here is four times the quarterly (Dec. 2012) data.

2. Joel Greenblatt's definition of Return on Capital:

FirsTime Design's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2012  Q: Dec. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.528/( ( (0.061 + max(2.592, 0)) + (0.055 + max(2.057, 0)) )/ 2 )
=0.528/( ( 2.653 + 2.112 )/ 2 )
=0.528/2.3825
=22.16 %

where Working Capital is:

Working Capital(Q: Sep. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.633 + 1.338 + 0.725) - (1.104 + 0 + 0)
=2.592

Working Capital(Q: Dec. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.558 + 1.039 + 0.362) - (0.902 + 0 + 0)
=2.057

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2012) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

FirsTime Design's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2012 )
=0.469/0.000
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FirsTime Design EBIT Related Terms

FirsTime Design EBIT Historical Data

* Premium members only.

The historical data trend for FirsTime Design's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FirsTime Design EBIT Chart

FirsTime Design Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.26 -1.71 -0.89 -0.61 0.47

FirsTime Design Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.18 0.12 0.12 0.11 0.13

FTDL vs EFOI: EBIT Comparison

For the Furnishings, Fixtures & Appliances subindustry, FirsTime Design's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

FirsTime Design EV-to-EBIT vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, FirsTime Design's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where FirsTime Design's EV-to-EBIT falls into.


FirsTime Design EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.47 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $0.47 Mil mean?
FirsTime Design (FTDL) has a EBIT of $0.47 Mil as of Dec. 2012. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on FirsTime Design.
Is FirsTime Design's EBIT too high?
FirsTime Design's current EBIT is $0.47 Mil.
How does FirsTime Design's EBIT compare to EFOI?
FirsTime Design's EBIT of $0.47 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Furnishings, Fixtures & Appliances company?
A good EBIT depends on the Furnishings, Fixtures & Appliances industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on FirsTime Design. FirsTime Design's current EBIT is $0.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirsTime Design stock overvalued right now?
FirsTime Design (FTDL) has a current EBIT of $0.47 Mil. The current EBIT is $0.47 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For FirsTime Design (FTDL), the current EBIT is $0.47 Mil as of Dec. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

FirsTime Design Business Description

Address W237 N2889 Woodgate Road, Suite F, Pewaukee, WI, USA, 53072
FirsTime Design Ltd, through its subsidiaries, designs, imports, and distributes decorative timepieces and other home decor products. It distributes commercial mattresses and bedding accessories. In addition, it offers custom packaging and product merchandising services. It sells its products through retailers in the United States. The group has manufacturing partners in China with some in Egypt, India, Italy, Taiwan, the United States, and Vietnam.