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KMG Chemicals (KMG Chemicals) EBIT : $88.2 Mil (TTM As of Jul. 2018)


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What is KMG Chemicals EBIT?

KMG Chemicals's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2018 was $22.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2018 was $88.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. KMG Chemicals's annualized ROC % for the quarter that ended in Jul. 2018 was 12.18%. KMG Chemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2018 was 47.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. KMG Chemicals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2018 was 7.40%.


KMG Chemicals EBIT Historical Data

The historical data trend for KMG Chemicals'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.

KMG Chemicals EBIT Chart

KMG Chemicals Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.83 23.49 29.33 37.35 88.20

KMG Chemicals Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
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 10.20 20.19 21.69 23.95 22.37

Competitive Comparison of KMG Chemicals's EBIT

For the Specialty Chemicals subindustry, KMG Chemicals'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.


KMG Chemicals's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, KMG Chemicals's EV-to-EBIT distribution charts can be found below:

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



KMG Chemicals 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 Jul. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $88.2 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.


KMG Chemicals  (NYSE:KMG) EBIT Explanation

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

KMG Chemicals's annualized ROC % for the quarter that ended in Jul. 2018 is calculated as:

ROC % (Q: Jul. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2018 ) + Invested Capital (Q: Jul. 2018 ))/ count )
=89.468 * ( 1 - 0.37% )/( (729.124 + 734.743)/ 2 )
=89.1369684/731.9335
=12.18 %

where

Note: The Operating Income data used here is four times the quarterly (Jul. 2018) data.

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

KMG Chemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2018  Q: Jul. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=89.468/( ( (114.64 + max(70.625, 0)) + (117.101 + max(71.608, 0)) )/ 2 )
=89.468/( ( 185.265 + 188.709 )/ 2 )
=89.468/186.987
=47.85 %

where Working Capital is:

Working Capital(Q: Apr. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(59.422 + 54.087 + 11.481) - (54.365 + 0 + 0)
=70.625

Working Capital(Q: Jul. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.895 + 54.218 + 14.75) - (59.255 + 0 + 0)
=71.608

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2018 )
=88.199/1191.710
=7.40 %

* 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.


KMG Chemicals EBIT Related Terms

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KMG Chemicals (KMG Chemicals) Business Description

Traded in Other Exchanges
N/A
Address
KMG Chemicals Inc manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into two segments based on product type. The electronic chemicals segment, which generates the majority of revenue, sells chemicals primarily to manufacturers of semiconductors. The other chemicals segment sells industrial sealants and lubricants primarily to the oil and gas storage and distribution industry as well as wood treatment chemicals used primarily to treat utility poles and cross arms. The majority of revenue comes from the United States.
Executives
Hunter John C Iii director C/O PENFORD CORPORATION, 7094 S. REVERE PARKWAY, CENTENNIAL CO 80112-3932
Karen A. Twitchell director 9 COURTLANDT PLACE, HOUSTON TX 77006
Christopher T. Fraser director, officer: President and CEO 9555 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 600, HOUSTON TX 77099
Margaret C Montana director 910 LOUISIANA STREET, HOUSTON TX 77002
George W Gilman director 710 N. POST OAK RD., SUITE 400, HOUSTON TX 77024
James Gentilcore director NINE HAMPSHIRE STREET, MANSFIELD MA 02048
Malinda G Passmore officer: VP and CFO 9555 W SAM HOUSTON PARKWAY S, SUITE 600, HOUSTON TX 77099
Stephen A Thorington director 700 MILAM, SUITE 3100, HOUSTON TX 77002
Gendell Jeffrey L Et Al other: Former 10% Owner 200 PARK AVENUE SUITE 3900, NEW YORK NY 10166

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