JOEY (Joey New York) EBIT: $-1.16 Mil (TTM As of May. 2017)


What is Joey New York EBIT?

Joey New York JOEY EBIT is $-1.16 Mil as of May. 2017.

Joey New York's earnings before interest and taxes (EBIT) for the three months ended in May. 2017 was $-0.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2017 was $-1.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Joey New York's annualized ROC % for the quarter that ended in May. 2017 was -52.58%. Joey New York's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2017 was -8,945.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Joey New York's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2017 was -10,518.18%.

Joey New York  (OTCPK:JOEY) EBIT Explanation

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

Joey New York's annualized ROC % for the quarter that ended in May. 2017 is calculated as:

ROC % (Q: May. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2017 ) + Invested Capital (Q: May. 2017 ))/ count )
=-1.968 * ( 1 - 0% )/( (3.199 + 4.287)/ 2 )
=-1.968/3.743
=-52.58 %

where

Invested Capital(Q: Feb. 2017 )
=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))
=0.386 - 1.652 - ( 0 - max(0, 4.652 - 0.187+0))
=3.199

Invested Capital(Q: May. 2017 )
=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))
=0.24 - 1.763 - ( 0.126 - max(0, 6.022 - 0.212+0.126))
=4.287

Note: The Operating Income data used here is four times the quarterly (May. 2017) data.

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

Joey New York's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2017  Q: May. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.968/( ( (0.019 + max(-1.465, 0)) + (0.025 + max(-2.686, 0)) )/ 2 )
=-1.968/( ( 0.019 + 0.025 )/ 2 )
=-1.968/0.022
=-8,945.45 %

where Working Capital is:

Working Capital(Q: Feb. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.187 + 0) - (1.652 + 0 + 0)
=-1.465

Working Capital(Q: May. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.086 + 0) - (1.763 + 0 + 1.009)
=-2.686

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2017) EBIT data.

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

Joey New York's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2017 )
=-1.157/0.011
=-10,518.18 %

* 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.

Joey New York EBIT Related Terms

Joey New York EBIT Historical Data

* Premium members only.

The historical data trend for Joey New York'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.

Joey New York EBIT Chart

Joey New York Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
EBIT
Get a 7-Day Free Trial -0.02 -0.02 -0.37 -0.14 -0.69

Joey New York Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
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 -0.04 -0.14 -0.24 -0.29 -0.49

JOEY vs DEVV, SKVI, TISUQ: EBIT Comparison

For the Household & Personal Products subindustry, Joey New York'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.

Joey New York EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Joey New York's EV-to-EBIT distribution charts can be found below:

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


Joey New York 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 May. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.16 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 $-1.16 Mil mean?
Joey New York (JOEY) has a EBIT of $-1.16 Mil as of May. 2017. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Joey New York.
Is Joey New York's EBIT too high?
Joey New York's current EBIT is $-1.16 Mil.
How does Joey New York's EBIT compare to DEVV and SKVI?
Joey New York's EBIT of $-1.16 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 Joey New York. Joey New York's current EBIT is $-1.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joey New York stock overvalued right now?
Joey New York (JOEY) has a current EBIT of $-1.16 Mil. The current EBIT is $-1.16 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 Joey New York (JOEY), the current EBIT is $-1.16 Mil as of May. 2017. 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.

Joey New York Business Description

Address 16001 Collins Avenue Number 3202, Trump Tower I, Sunny Isles Beach, FL, USA, 33160
Joey New York Inc through its wholly-owned subsidiary distributes natural skincare and beauty products on wholesale and retail levels. It offers skincare treatments and beauty enhancements that are health conscious, effective and affordable under the Joey New York brand name. Geographically, it operates through the United States and its business is amplifying internationally due to the Increasing demand for organic and natural cosmetic products.