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Digicore Holdings (JSE:DGC) EBIT : R22.2 Mil (TTM As of Dec. 2014)


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What is Digicore Holdings EBIT?

Digicore Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2014 was R33.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2014 was R22.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Digicore Holdings's annualized ROC % for the quarter that ended in Dec. 2014 was 9.02%. Digicore Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2014 was 22.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Digicore Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2014 was 2.03%.


Digicore Holdings EBIT Historical Data

The historical data trend for Digicore Holdings'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.

Digicore Holdings EBIT Chart

Digicore Holdings Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.64 83.92 45.57 -50.85 16.30

Digicore Holdings Semi-Annual Data
Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 19.97 -70.82 27.34 -11.04 33.21

Competitive Comparison of Digicore Holdings's EBIT

For the Scientific & Technical Instruments subindustry, Digicore Holdings'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.


Digicore Holdings's EV-to-EBIT Distribution in the Hardware Industry

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

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



Digicore Holdings 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. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was R22.2 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.


Digicore Holdings  (JSE:DGC) EBIT Explanation

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

Digicore Holdings's annualized ROC % for the quarter that ended in Dec. 2014 is calculated as:

ROC % (Q: Dec. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2014 ) + Invested Capital (Q: Dec. 2014 ))/ count )
=66.422 * ( 1 - 12.08% )/( (651.841 + 643.372)/ 2 )
=58.3982224/647.6065
=9.02 %

where

Invested Capital(Q: Dec. 2014 )
=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))
=775.198 - 104.299 - ( 27.527 - max(0, 171.181 - 293.609+27.527))
=643.372

Note: The Operating Income data used here is two times the semi-annual (Dec. 2014) data.

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

Digicore Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2014  Q: Dec. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=66.422/( ( (137.619 + max(156.258, 0)) + (139.078 + max(156.876, 0)) )/ 2 )
=66.422/( ( 293.877 + 295.954 )/ 2 )
=66.422/294.9155
=22.52 %

where Working Capital is:

Working Capital(Q: Jun. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 77.716 + 189.403) - (89.252 + 0 + 21.609)
=156.258

Working Capital(Q: Dec. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 69.427 + 196.655) - (104.299 + 0 + 4.907)
=156.876

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2014) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2014 )
=22.172/1089.744
=2.03 %

* 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.


Digicore Holdings EBIT Related Terms

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Digicore Holdings (JSE:DGC) Business Description

Traded in Other Exchanges
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Address
Digicore Holdings Limited provides machine (M2M) communication and telematics solutions. The company researches, designs, develop, manufactures, sells and supports tailored solutions for customers.

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