Manganese Bronze Holdings (LSE:MNGS) EBIT: £0.00 Mil (TTM As of Jun. 2012)


What is Manganese Bronze Holdings EBIT?

Manganese Bronze Holdings LSE:MNGS EBIT is £0.00 Mil as of Jun. 2012.

Manganese Bronze Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2012 was £0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2012 was £0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Manganese Bronze Holdings's annualized ROC % for the quarter that ended in Jun. 2012 was 0.00%. Manganese Bronze Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2012 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Manganese Bronze Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2012 was 0.00%.

Manganese Bronze Holdings  (LSE:MNGS) EBIT Explanation

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

Manganese Bronze Holdings's annualized ROC % for the quarter that ended in Jun. 2012 is calculated as:

ROC % (Q: Jun. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2011 ) + Invested Capital (Q: Jun. 2012 ))/ count )
=0 * ( 1 - % )/( (44.757 + 42.439)/ 2 )
=0/43.598
=0.00 %

where

Invested Capital(Q: Jun. 2011 )
=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))
=54.282 - 15.863 - ( 0.32 - max(0, 31.929 - 25.591+0.32))
=44.757

Invested Capital(Q: Jun. 2012 )
=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))
=57.602 - 29.703 - ( 2.485 - max(0, 46.143 - 31.603+2.485))
=42.439

Note: The Operating Income data used here is four times the quarterly (Jun. 2012) data.

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

Manganese Bronze Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2011  Q: Jun. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (9.387 + max(-6.658, 0)) + (9.249 + max(-17.025, 0)) )/ 2 )
=0/( ( 9.387 + 9.249 )/ 2 )
=0/9.318
=0.00 %

where Working Capital is:

Working Capital(Q: Jun. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 19.823 + 5.448) - (15.863 + 0 + 16.066)
=-6.658

Working Capital(Q: Jun. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 23.496 + 5.622) - (29.703 + 0 + 16.44)
=-17.025

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2012) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2012 )
=0/3.047
=0.00 %

* 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.

Manganese Bronze Holdings EBIT Related Terms

Manganese Bronze Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Manganese Bronze 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.

Manganese Bronze Holdings EBIT Chart

Manganese Bronze Holdings Annual Data
Trend Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09 Dec10 Dec11
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.58 -13.44 -6.24 -5.38 -5.19

Manganese Bronze Holdings Quarterly Data
Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jun08 Jun09 Jun10 Jun11 Jun12
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Manganese Bronze Holdings EBIT Competitor Comparison

For the Auto Manufacturers subindustry, Manganese Bronze 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.

Manganese Bronze Holdings EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Manganese Bronze Holdings's EV-to-EBIT distribution charts can be found below:

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


Manganese Bronze 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 Jun. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was £0.00 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 £0.00 Mil mean?
Manganese Bronze Holdings (LSE:MNGS) has a EBIT of £0.00 Mil as of Jun. 2012. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Manganese Bronze Holdings.
Is Manganese Bronze Holdings' EBIT too high?
Manganese Bronze Holdings' current EBIT is £0.00 Mil.
How does Manganese Bronze Holdings' EBIT compare to competitors?
Manganese Bronze Holdings' EBIT of £0.00 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 Manganese Bronze Holdings. Manganese Bronze Holdings's current EBIT is £0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manganese Bronze Holdings stock overvalued right now?
Manganese Bronze Holdings (LSE:MNGS) has a current EBIT of £0.00 Mil. The current EBIT is £0.00 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 Manganese Bronze Holdings (LSE:MNGS), the current EBIT is £0.00 Mil as of Jun. 2012. 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.

Manganese Bronze Holdings Business Description

Manganese Bronze Holdings PLC provides automotive and taxi services in the UK. It is currently organised into three operating divisions - vehicle sales, vehicle services, and Shanghai LTI. The vehicle sales segment includes the design, development, assembly, and retailing of new purpose-built taxis, along with the sale of used vehicles taken in part exchange, parts, and vehicle maintenance. The vehicle services segment comprises taxi finance. The Shanghai LTI segment is the joint venture based in Shanghai, China, which assembles the London Taxi under license from the company. The company's operations are located in the United Kingdom and China.