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Tekcapital (LSE:TEK) EBIT : £-1.32 Mil (TTM As of Jun. 2024)


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What is Tekcapital EBIT?

Tekcapital's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was £-1.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was £-1.32 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tekcapital's annualized ROC % for the quarter that ended in Jun. 2024 was -4.67%. Tekcapital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -15,970.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tekcapital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -7.02%.


Tekcapital EBIT Historical Data

The historical data trend for Tekcapital'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.

Tekcapital EBIT Chart

Tekcapital Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 4.24 -0.91 -1.11 -1.10

Tekcapital Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Jun23 Dec23 Jun24
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 -0.45 -0.79 -0.87 -0.24 -1.08

Competitive Comparison of Tekcapital's EBIT

For the Asset Management subindustry, Tekcapital'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.


Tekcapital's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tekcapital's EV-to-EBIT distribution charts can be found below:

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



Tekcapital 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.32 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.


Tekcapital  (LSE:TEK) EBIT Explanation

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

Tekcapital's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-2.156 * ( 1 - 0.01% )/( (37.627 + 54.795)/ 2 )
=-2.1557844/46.211
=-4.67 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Tekcapital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.156/( ( (0.011 + max(-0.471, 0)) + (0.011 + max(0.0050000000000001, 0)) )/ 2 )
=-2.156/( ( 0.011 + 0.016 )/ 2 )
=-2.156/0.0135
=-15,970.37 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.081 + 0 + 0.029) - (0.294 + 0 + 0.287)
=-0.471

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.434 + 0 + 1.1102230246252E-16) - (0.263 + 0 + 0.166)
=0.0050000000000001

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-1.315/18.735
=-7.02 %

* 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.


Tekcapital EBIT Related Terms

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Tekcapital Business Description

Traded in Other Exchanges
N/A
Address
12 New Fetter Lane, London, GBR, EC4A 1JP
Tekcapital PLC is an intellectual property investment company. The company provides universities and corporate clients technology transfer services. The company acquires and commercializes university technologies and helps companies and research institutions discover new technologies and commercialize their intellectual property portfolios. The company mainly operates in the United Kingdom and the United States. The company has Professional services and Licensing and investment activities. The firm derives majority of its revenues from Professional services segment.

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