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FTE Networks (FTE Networks) EBIT : $-19.9 Mil (TTM As of Sep. 2018)


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What is FTE Networks EBIT?

FTE Networks's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2018 was $-3.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2018 was $-19.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FTE Networks's annualized ROC % for the quarter that ended in Sep. 2018 was -8.75%. FTE Networks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2018 was -140.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FTE Networks's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2018 was -52.48%.


FTE Networks EBIT Historical Data

The historical data trend for FTE Networks'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.

* Premium members only.

FTE Networks EBIT Chart

FTE Networks Annual Data
Trend Jun06 Jun07 Sep08 Sep09 Sep10 Sep11 Sep14 Sep15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.21 1.90 -2.25 -3.96 -13.65

FTE Networks Quarterly Data
Dec11 Mar12 Jun12 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 4.79 -17.14 0.28 0.30 -3.35

Competitive Comparison of FTE Networks's EBIT

For the Communication Equipment subindustry, FTE Networks'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.


FTE Networks's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, FTE Networks's EV-to-EBIT distribution charts can be found below:

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



FTE Networks 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 Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.9 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.


FTE Networks  (AMEX:FTNW) EBIT Explanation

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

FTE Networks's annualized ROC % for the quarter that ended in Sep. 2018 is calculated as:

ROC % (Q: Sep. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2018 ) + Invested Capital (Q: Sep. 2018 ))/ count )
=-13.412 * ( 1 - -2.28% )/( (151.958 + 161.479)/ 2 )
=-13.7177936/156.7185
=-8.75 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2018) data.

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

FTE Networks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2018  Q: Sep. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-13.412/( ( (9.165 + max(-7.606, 0)) + (9.956 + max(-5.756, 0)) )/ 2 )
=-13.412/( ( 9.165 + 9.956 )/ 2 )
=-13.412/9.5605
=-140.29 %

where Working Capital is:

Working Capital(Q: Jun. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.739 + 0 + 8.814) - (47.405 + 21.754 + 2.8421709430404E-14)
=-7.606

Working Capital(Q: Sep. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54.335 + 0 + 6.416) - (38.523 + 27.984 + 0)
=-5.756

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2018) EBIT data.

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

FTE Networks's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2018 )
=-19.91/37.940
=-52.48 %

* 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.


FTE Networks EBIT Related Terms

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FTE Networks (FTE Networks) Business Description

Traded in Other Exchanges
N/A
Address
237 West 35th Street, Suite 806, New York, NY, USA, 34108
FTE Networks Inc is a US-based company which acts as a provider of international and regional telecommunications and technology systems and infrastructure services. It also offers managed information technology, telecommunications services, subscriber-based services and staffing solutions through its wholly-owned subsidiaries. The services provided by the company include engineering consulting, design, installation, maintenance, and emergency response in various categories including cabling, equipment installation and configuration, rack and stack, wiring build-outs, infrastructure build-outs, fiber cable splicing and testing. The company manages its business into two segments namely Telecommunication and Staffing. The majority of the company's revenue comes from Telecommunication segment.
Executives
Irv Rothman director 3000 HANOVER STREET, PALO ALTO CA 94304
James E. Shiah director 2 PARK AVENUE, NEW YORK NY 10016
Christopher Ferguson director 1866 LEITHSVILLE ROAD, SUITE 223, HALLERTOWN PA 18055
Michael Palleschi director, officer: Chief Executive Officer 1464 PALMA BLANCA CT., NAPLES FL 34119
Henderson J Sherman Iii director PO BOX 34749, LOUISVILLE KY 40232
Richard C Mills officer: President C/O POMEROY COMPUTER RESOURCES INC, 1020 PETERSBURG ROAD, HEBRON KY 41048