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Ultimate Products (LSE:ULTP) EBIT : £17.3 Mil (TTM As of Jan. 2024)


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What is Ultimate Products EBIT?

Ultimate Products's earnings before interest and taxes (EBIT) for the six months ended in Jan. 2024 was £10.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was £17.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ultimate Products's annualized ROC % for the quarter that ended in Jan. 2024 was 19.64%. Ultimate Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 61.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ultimate Products's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 12.77%.

Ultimate Products EBIT Historical Data

The historical data trend for Ultimate Products'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.

Ultimate Products EBIT Chart

Ultimate Products Annual Data
Trend Apr14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.91 9.14 10.04 16.29 17.23

Ultimate Products Semi-Annual Data
Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 10.14 6.16 10.03 7.20 10.07

Competitive Comparison of Ultimate Products's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Ultimate Products'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.

Ultimate Products's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ultimate Products's EV-to-EBIT distribution charts can be found below:

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


Ultimate Products 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £17.3 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.

Ultimate Products  (LSE:ULTP) EBIT Explanation

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

Ultimate Products's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=20.17 * ( 1 - 25.03% )/( (83.606 + 70.381)/ 2 )
=15.121449/76.9935
=19.64 %

where

Invested Capital(Q: Jul. 2023 )
=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))
=109.726 - 21.034 - ( 5.086 - max(0, 48.538 - 64.28+5.086))
=83.606

Invested Capital(Q: Jan. 2024 )
=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))
=105.927 - 29.766 - ( 5.78 - max(0, 44.981 - 60.896+5.78))
=70.381

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

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

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

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=20.148/( ( (8.443 + max(26.055, 0)) + (8.039 + max(23.416, 0)) )/ 2 )
=20.148/( ( 34.498 + 31.455 )/ 2 )
=20.148/32.9765
=61.10 %

where Working Capital is:

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.175 + 28.071 + 1.62) - (21.034 + 0 + 10.777)
=26.055

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.613 + 29.354 + 0.85) - (29.766 + 0 + 0.63500000000001)
=23.416

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=17.273/135.280
=12.77 %

* 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.

Ultimate Products EBIT Related Terms

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Ultimate Products Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ultimate Products PLC (LSE:ULTP) » Definitions » EBIT
Comparable Companies
LSE:CHH LSE:SDG LSE:HEAD LSE:CFX LSE:LIKE LSE:PMP LSE:DFS LSE:VCP SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK MHK SZSE:000921
Traded in Other Exchanges
ULTPl:UK
Address
Victoria Street, Manor Mill, Chadderton, Oldham, Manchester, GBR, OL9 0DD
Website
https://www.upplc.com
Ultimate Products PLC design, develop and distribute homeware products across its key brands, including household names Salter and Beldray. It has Products divisons such as Cookshop, Audio, Laundry, Electrical SDA, Tabletop, Luggage, Heating and Cooling. The company operates in United Kingdom, Europe and the rest of the world.

Ultimate Products Headlines

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