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Information Services Group's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $4.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $2.8 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Information Services Group's annualized ROC % for the quarter that ended in Sep. 2024 was 3.69%. Information Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 33.88%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Information Services Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.18%.
The historical data trend for Information Services Group'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.
Information Services Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
EBIT | Get a 7-Day Free Trial | 13.41 | 9.43 | 25.45 | 29.84 | 14.95 |
Information Services Group Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
EBIT | Get a 7-Day Free Trial | 6.33 | -3.43 | -2.12 | 3.89 | 4.49 |
For the Information Technology Services subindustry, Information Services Group'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.
For the Software industry and Technology sector, Information Services Group's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Information Services Group's EV-to-EBIT falls into.
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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.8 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.
Information Services Group (NAS:III) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Information Services Group's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:
ROC % (Q: Sep. 2024 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Jun. 2024 ) | + | Invested Capital (Q: Sep. 2024 )) | / count ) |
= | 17.176 * ( 1 - 60.17% ) | / | ( (184.502 | + | 185.958) | / 2 ) |
= | 6.8412008 | / | 185.23 | |||
= | 3.69 % |
where
Invested Capital | (Q: Jun. 2024 ) | |||||||||||
= | 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 | )) |
= | 235.326 | - | 39.023 | - | ( 11.801 | - | max(0, 47.915 | - | 102.316 | + | 11.801 | )) |
= | 184.502 |
Invested Capital | (Q: Sep. 2024 ) | |||||||||||
= | 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 | )) |
= | 227.146 | - | 31.498 | - | ( 9.69 | - | max(0, 49.227 | - | 96.889 | + | 9.69 | )) |
= | 185.958 |
Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.
2. Joel Greenblatt's definition of Return on Capital:
Information Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:
ROC (Joel Greenblatt) % | (Q: Sep. 2024 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Jun. 2024 | Q: Sep. 2024 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | 17.944 | / | ( ( (12.943 + max(42.6, 0)) | + | (12.423 + max(37.972, 0)) ) | / | 2 ) |
= | 17.944 | / | ( ( 55.543 | + | 50.395 ) | / | 2 ) |
= | 17.944 | / | 52.969 | ||||
= | 33.88 % |
where Working Capital is:
Working Capital | (Q: Jun. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (80.909 | + | 0 | + | 9.606) | - | (39.023 | + | 8.892 | + | -7.105427357601E-15) |
= | 42.6 |
Working Capital | (Q: Sep. 2024 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (60.69 | + | 0 | + | 26.509) | - | (31.498 | + | 9.88 | + | 7.849) |
= | 37.972 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Information Services Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Sep. 2024 ) |
= | 2.821 | / | 240.036 | |
= | 1.18 % |
* 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.
Thank you for viewing the detailed overview of Information Services Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Bruce Pfau | director | C/O INFORMATION SERVICES GROUP, INC., 2187 ATLANTIC STREET, STAMFORD CT 06902 |
Kalpana Raina | director | 111 RIVER STREET, C/O JOHN WILEY & SONS, INC., HOBOKEN NJ 07030 |
Todd D. Lavieri | officer: Vice Chairman | C/O INFORMATION SERVICES GROUP, INC., 2187 ATLANTIC STREET, STAMFORD CT 06902 |
Michael P Connors | director, 10 percent owner, officer: Chairman and CEO | |
Michael A. Sherrick | officer: EVP & Chief Financial Officer | 2187 ATLANTIC STREET, STAMFORD CT 06902 |
Gerald S Hobbs | director | |
Neil G Budnick | director | C/O INFORMATION SERVICES GROUP, INC., TWO STAMFORD PLAZA, 281 TRESSER BLVD, STAMFORD CT 06901 |
Humberto P Alfonso | officer: EVP & CFO | 1085 OCEAN AVENUE, MANTOLOKING NJ 08738 |
Thomas S. Kucinski | officer: EVP & Chief HR Officer | TWO STAMFORD PLAZA, 281 TRESSER BOULEVARD, STAMFORD CT 06901 |
David E. Berger | officer: Executive Vice President & CFO | TWO STAMFORD PLAZA, 9TH FLOOR, STAMFORD CT 06901 |
Chevrillon & Associes | 10 percent owner | 4/6 ROND POINT DES CHAMPS ELYSEES, PARIS I0 75008 |
Christine Putur | director | TWO STAMFORD PLAZA, 281 TRESSER BOULEVARD, STAMFORD CT 06901 |
R James Cravens | officer: EVP, Chief HR & Comm Officer | TWO STAMFORD PLAZA, 281 TRESSER BOULEVARD, STAMFORD CT 06901 |
David Whitmore | officer: Vice Chairman, Pres.-ISG Amer. | TWO STAMFORD PLAZA, 281 TRESSER BOULEVARD, STAMFORD CT 06901 |
Guillermo Marmol | director | C/O FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120 |
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