Bac Majestic (LTS:0QCU) EBIT: €0.30 Mil (TTM As of Jun. 2015)


What is Bac Majestic EBIT?

Bac Majestic LTS:0QCU EBIT is €0.30 Mil as of Jun. 2015. The stock has 1 warning sign investors should review.

Bac Majestic's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2015 was €-0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was €0.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bac Majestic's annualized ROC % for the quarter that ended in Jun. 2015 was -0.40%. Bac Majestic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Bac Majestic  (LTS:0QCU) EBIT Explanation

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

Bac Majestic's annualized ROC % for the quarter that ended in Jun. 2015 is calculated as:

ROC % (Q: Jun. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2014 ) + Invested Capital (Q: Jun. 2015 ))/ count )
=-0.026 * ( 1 - 0% )/( (12.505 + 0.553)/ 2 )
=-0.026/6.529
=-0.40 %

where

Invested Capital(Q: Dec. 2014 )
=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))
=3.099 - 0 - ( 0.08 - max(0, 11.719 - 2.313+0.08))
=12.505

Invested Capital(Q: Jun. 2015 )
=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))
=2.119 - 10.74 - ( 0.087 - max(0, 10.757 - 1.583+0.087))
=0.553

Note: The Operating Income data used here is two times the semi-annual (Jun. 2015) data.

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

Bac Majestic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2014  Q: Jun. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.026/( ( (0 + max(-9.212, 0)) + (0 + max(-9.244, 0)) )/ 2 )
=-0.026/( ( 0 + 0 )/ 2 )
=-0.026/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.101 + 0 + 1.132) - (0 + 0 + 11.445)
=-9.212

Working Capital(Q: Jun. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.86 + 0 + 0.636) - (10.74 + 0 + 0)
=-9.244

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2015) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=0.296/0.000
= %

* 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.

Bac Majestic EBIT Related Terms

Bac Majestic EBIT Historical Data

* Premium members only.

The historical data trend for Bac Majestic'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.

Bac Majestic EBIT Chart

Bac Majestic Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
EBIT
Get a 7-Day Free Trial Premium Member Only -3.53 -2.56 -2.17 -0.76 0.24

Bac Majestic Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.72 -0.04 -0.07 0.31 -0.01

LTS:0QCU vs SBSAA, TMGI, NTN: EBIT Comparison

For the Broadcasting subindustry, Bac Majestic'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.

Bac Majestic EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bac Majestic's EV-to-EBIT distribution charts can be found below:

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


Bac Majestic 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. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.30 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €0.30 Mil mean?
Bac Majestic (LTS:0QCU) has a EBIT of €0.30 Mil as of Jun. 2015. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bac Majestic.
Is Bac Majestic's EBIT too high?
Bac Majestic's current EBIT is €0.30 Mil.
How does Bac Majestic's EBIT compare to SBSAA and TMGI?
Bac Majestic's EBIT of €0.30 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good EBIT depends on the Media - Diversified 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 Bac Majestic. Bac Majestic's current EBIT is €0.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bac Majestic stock overvalued right now?
Bac Majestic (LTS:0QCU) has a current EBIT of €0.30 Mil. The current EBIT is €0.30 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 Bac Majestic (LTS:0QCU), the current EBIT is €0.30 Mil as of Jun. 2015. 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.

Bac Majestic Business Description

Bac Majestic is engaged in the coproducing and distributing films in France and internationally. It involves in the distribution of films to theaters and on video, as well as to television channels.