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Wolfson Microelectronics (LSE:WLF) EBIT : £-12.30 Mil (TTM As of Mar. 2014)


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What is Wolfson Microelectronics EBIT?

Wolfson Microelectronics's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2014 was £-3.45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2014 was £-12.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wolfson Microelectronics's annualized ROC % for the quarter that ended in Mar. 2014 was -17.69%. Wolfson Microelectronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2014 was -46.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wolfson Microelectronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2014 was -4.49%.


Wolfson Microelectronics EBIT Historical Data

The historical data trend for Wolfson Microelectronics'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.

Wolfson Microelectronics EBIT Chart

Wolfson Microelectronics Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec12 Dec13
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.93 20.28 7.22 -5.62 -12.35

Wolfson Microelectronics Quarterly Data
Mar09 Jun09 Sep09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 -3.94 -1.42 -1.71 -5.72 -3.45

Competitive Comparison of Wolfson Microelectronics's EBIT

For the Semiconductor Equipment & Materials subindustry, Wolfson Microelectronics'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.


Wolfson Microelectronics's EV-to-EBIT Distribution in the Semiconductors Industry

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

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



Wolfson Microelectronics 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 Mar. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was £-12.30 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.


Wolfson Microelectronics  (LSE:WLF) EBIT Explanation

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

Wolfson Microelectronics's annualized ROC % for the quarter that ended in Mar. 2014 is calculated as:

ROC % (Q: Mar. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2013 ) + Invested Capital (Q: Mar. 2014 ))/ count )
=-13.796 * ( 1 - 20.21% )/( (65.148 + 59.317)/ 2 )
=-11.0078284/62.2325
=-17.69 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2014) data.

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

Wolfson Microelectronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2013  Q: Mar. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-13.78/( ( (12.506 + max(18.957, 0)) + (11.983 + max(15.627, 0)) )/ 2 )
=-13.78/( ( 31.463 + 27.61 )/ 2 )
=-13.78/29.5365
=-46.65 %

where Working Capital is:

Working Capital(Q: Dec. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.535 + 14.775 + 2.094) - (9.942 + 0 + 3.505)
=18.957

Working Capital(Q: Mar. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 16.472 + 13.975) - (14.326 + 0 + 0.494)
=15.627

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2014) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2014 )
=-12.297/274.159
=-4.49 %

* 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.


Wolfson Microelectronics EBIT Related Terms

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Wolfson Microelectronics (LSE:WLF) Business Description

Traded in Other Exchanges
N/A
Address
Wolfson Microelectronics PLC supplies high performance mixed-signal semiconductors to the consumer electronics market. The company's two segments are Audio Hubs and Discrete and Power Products. Audio Hubs includes the supply and sale of Audio Hubs high performance audio integrated circuit solutions. Discrete and Power Products includes the supply and sale of integrated circuits which are discrete components. The company operates in Japan, Asia Pacific, Americas and Europe.

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