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Maistro (LSE:MAIS) EBIT : £-3.06 Mil (TTM As of Dec. 2018)


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What is Maistro EBIT?

Maistro's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2018 was £-1.66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2018 was £-3.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Maistro's annualized ROC % for the quarter that ended in Dec. 2018 was -206.64%. Maistro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was -13,518.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Maistro's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was 1,060.21%.

Maistro EBIT Historical Data

The historical data trend for Maistro'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.

Maistro EBIT Chart

Maistro Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.09 -7.10 -3.69 -2.40 -3.06

Maistro Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 -1.53 -1.52 -0.88 -1.41 -1.66

Competitive Comparison of Maistro's EBIT

For the Software - Application subindustry, Maistro'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.

Maistro's EV-to-EBIT Distribution in the Software Industry

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

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


Maistro 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-3.06 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.

Maistro  (LSE:MAIS) EBIT Explanation

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

Maistro's annualized ROC % for the quarter that ended in Dec. 2018 is calculated as:

ROC % (Q: Dec. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2018 ) + Invested Capital (Q: Dec. 2018 ))/ count )
=-3.326 * ( 1 - 6.28% )/( (1.255 + 1.762)/ 2 )
=-3.1171272/1.5085
=-206.64 %

where

Invested Capital(Q: Jun. 2018 )
=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))
=2.978 - 0.776 - ( 1.085 - max(0, 0.776 - 1.723+1.085))
=1.255

Invested Capital(Q: Dec. 2018 )
=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))
=3.161 - 0.6 - ( 1.091 - max(0, 1.115 - 1.914+1.091))
=1.762

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2018  Q: Dec. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.312/( ( (0.025 + max(-0.138, 0)) + (0.024 + max(-0.292, 0)) )/ 2 )
=-3.312/( ( 0.025 + 0.024 )/ 2 )
=-3.312/0.0245
=-13,518.37 %

where Working Capital is:

Working Capital(Q: Jun. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.189 + 0 + 0.449) - (0.776 + 0 + 0)
=-0.138

Working Capital(Q: Dec. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.469 + 0 + 0.354) - (0.6 + 0 + 0.515)
=-0.292

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2018 )
=-3.064/-0.289
=1,060.21 %

* 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.

Maistro EBIT Related Terms

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Maistro (LSE:MAIS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Maistro PLC (LSE:MAIS) » Definitions » EBIT
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Traded in Other Exchanges
N/A
Address
3 Babbage Way, 1A, Grow On Building, Science Park, Clyst Honiton, Exeter, Devon, GBR, EX5 2FN
Website
https://www.maistro.com
Maistro PLC operates an enterprise services platform that helps organizations eliminated the waste and inefficiency inherent in traditional purchasing of business services. It provides cloud-based software and managed services to create an end to end solution that includes sourcing, supplier short listing, contract and project management through to payment processing and reporting. The firm has the provision of services segment. It derives revenue from Buyer plans, Buyer premium services, Buyer market intelligence tools, Service provider subscriptions and Project revenue. The company operates mainly in UK and US.

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