Velocity Composites (LSE:VEL) EBIT : £-2.39 Mil (TTM As of Apr. 2024)

Velocity Composites EBIT Chart

Velocity Composites Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
EBIT		Get a 7-Day Free Trial					-0.57	-3.14	-1.36	-1.32	-2.82

Velocity Composites Semi-Annual Data
	Oct14	Oct15	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
EBIT	Get a 7-Day Free Trial													-0.63	-0.69	-1.29	-1.53	-0.86

Competitive Comparison of Velocity Composites's EBIT

For the Aerospace & Defense subindustry, Velocity Composites'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.

Velocity Composites's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Velocity Composites's EV-to-EBIT distribution charts can be found below:

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

Velocity Composites 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 Apr. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-2.39 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.

Velocity Composites  (LSE:VEL) EBIT Explanation

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

Velocity Composites's annualized ROC % for the quarter that ended in Apr. 2024 is calculated as:

where

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

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

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

where Working Capital is:

When net working capital is negative, 0 is used.

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

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

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

* 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.

Velocity Composites EBIT Related Terms

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Velocity Composites Business Description