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inTest (inTest) EBIT : $11.7 Mil (TTM As of Dec. 2023)


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What is inTest EBIT?

inTest's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $1.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $11.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. inTest's annualized ROC % for the quarter that ended in Dec. 2023 was 5.36%. inTest's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 21.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. inTest's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.79%.


inTest EBIT Historical Data

The historical data trend for inTest'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.

inTest EBIT Chart

inTest Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 0.07 8.49 10.78 11.73

inTest Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.06 3.58 3.54 2.89 1.72

Competitive Comparison of inTest's EBIT

For the Semiconductor Equipment & Materials subindustry, inTest'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.


inTest's EV-to-EBIT Distribution in the Semiconductors Industry

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

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



inTest 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.7 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.


inTest  (AMEX:INTT) EBIT Explanation

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

inTest's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=4.436 * ( 1 - 7.09% )/( (77.891 + 75.814)/ 2 )
=4.1214876/76.8525
=5.36 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

inTest's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6.876/( ( (7.898 + max(24.265, 0)) + (8.177 + max(22.242, 0)) )/ 2 )
=6.876/( ( 32.163 + 30.419 )/ 2 )
=6.876/31.291
=21.97 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.71 + 22.156 + 1.672) - (15.007 + 3.709 + 1.557)
=24.265

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.175 + 20.089 + 2.254) - (13.755 + 3.852 + 0.669)
=22.242

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=11.727/119.771
=9.79 %

* 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.


inTest EBIT Related Terms

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inTest (inTest) Business Description

Traded in Other Exchanges
Address
804 East Gate Drive, Suite 200, Mount Laurel, NJ, USA, 08054
inTest Corp is a supplier of test and process solutions for use in manufacturing and testing across a range of markets including automotive, defense/aerospace, industrial, medical, semiconductor and telecommunications. The company manages its business as two operating segments, Thermal Products and Electromechanical Semiconductor Products. The Thermal segment includes designing, manufacturing and selling thermal test and thermal process products. The Electromechanical Semiconductor Products segment includes designing, manufacturing and selling semiconductor test products.
Executives
Dews Joseph W Iv director C/O INTEST CORP, 804 EAST GATE DR., SUITE 200, MT. LAUREL NJ 08054
Scott Eric Nolen officer: Division Pres-Process Tech C/O INTEST CORP, 804 EAST GATE DRIVE, MT LAUREL NJ 08054
Michael Tanniru officer: Div. President, Envir. Tech. C/O INTEST CORP, 804 EAST GATE DR, SUITE 200, MT. LAUREL NJ 08054
Grant Richard N. Jr. director, officer: President & CEO C/O INTEST CORP, 804 EAST GATE DR, SUITE 200, MT. LAUREL NJ 08054
Gregory Martel officer: VP&GM-Environmental Tech C/O INTEST CORP, 804 EAST GATE DRIVE, MT LAUREL NJ 08054
Mcmanus Joseph Richard Jr. officer: Division Pres-Electronic Test C/O INTEST CORP, 804 EAST GATE DRIVE, MT LAUREL NJ 08054
Duncan Gilmour officer: CFO, Treasurer & Secretary 804 EAST GATE DRIVE, SUITE 200, MT. LAUREL NJ 08054
Gerald J. Maginnis director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
James Pelrin officer: GM-Temp Mgmt Product Segment C/O INTEST CORP, 804 EAST GATE DRIVE, SUITE 200, MT. LAUREL NJ 08054
Jeffrey A Beck director C/O INTEST CORP, 804 EAST GATE DR., SUITE 200, MT. LAUREL NJ 08054
William Kraut director C/O INTEST CORP, 804 EAST GATE DR., SUITE 200, MT. LAUREL NJ 08054
Robert E Matthiessen director, officer: President and CEO C/O INTEST CORP, 804 EAST GATE DRIVE, SUITE 200, MT. LAUREL NJ 08054
Nokomis Capital, L.l.c. 10 percent owner 1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Satterfield Thomas A Jr 10 percent owner 2609 CALDWELL MILL LN, BIRMINGHAM AL 35243
Kristen Holt Thompson other: Member of 10% 13d Group C/O INTEST CORP, 804 EAST GATE DR., SUITE 200, MT. LAUREL NJ 08054