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Johnston Press (Johnston Press) EBIT : $-78.44 Mil (TTM As of Jun. 2018)


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What is Johnston Press EBIT?

Johnston Press's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2018 was $21.61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2018 was $-78.44 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Johnston Press's annualized ROC % for the quarter that ended in Jun. 2018 was 6.61%. Johnston Press's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was 113.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Johnston Press's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was -471.44%.


Johnston Press EBIT Historical Data

The historical data trend for Johnston Press'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.

Johnston Press EBIT Chart

Johnston Press Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -410.39 12.85 37.11 -350.17 -99.31

Johnston Press Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 -246.92 -133.16 0.70 -100.05 21.61

Competitive Comparison of Johnston Press's EBIT

For the Publishing subindustry, Johnston Press'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.


Johnston Press's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Johnston Press's EV-to-EBIT distribution charts can be found below:

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



Johnston Press 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 Jun. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-78.44 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.


Johnston Press  (OTCPK:JHPSY) EBIT Explanation

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

Johnston Press's annualized ROC % for the quarter that ended in Jun. 2018 is calculated as:

ROC % (Q: Jun. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2017 ) + Invested Capital (Q: Jun. 2018 ))/ count )
=28.922 * ( 1 - 39.38% )/( (164.533 + 365.632)/ 2 )
=17.5325164/265.0825
=6.61 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2018) data.

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

Johnston Press's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2017  Q: Jun. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=43.22/( ( (39.208 + max(-7.42, 0)) + (36.879 + max(-2.666, 0)) )/ 2 )
=43.22/( ( 39.208 + 36.879 )/ 2 )
=43.22/38.0435
=113.61 %

where Working Capital is:

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.099 + 3.338 + 9.214) - (44.41 + 0 + 3.661)
=-7.42

Working Capital(Q: Jun. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.878 + 2.44 + 11.724) - (41.164 + 0 + 2.544)
=-2.666

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2018 )
=-78.438/16.638
=-471.44 %

* 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.


Johnston Press EBIT Related Terms

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Johnston Press (Johnston Press) Business Description

Traded in Other Exchanges
N/A
Address
30 Queensferry Road, Orchard Brae House, Edinburgh, GBR, EH4 2HS
Johnston Press PLC is engaged in the multimedia business. The company is one of the largest local and regional multimedia organizations primarily providing news and information services at local and regional level through various publications and websites in the UK. Its business is organized in two segments namely Publishing and Contract Printing. It also manages smartphone applications, websites, and distributes lifestyle magazines. Its brands include Ballymena and Antrim Times, Banbridge Leader, Banbury Guardian, Belper News, Carrick Times, Mid-Sussex Times, Sunday Journal, Isle of Man Examiner and Yorkshire Post. Johnston Press generates most of its revenues through its publishing business.

Johnston Press (Johnston Press) Headlines

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