MMMW (Mass Megawatts Wind Power) EBIT: $-0.31 Mil (TTM As of Jan. 2024)

What is Mass Megawatts Wind Power EBIT?

Mass Megawatts Wind Power MMMW +19.74% 32 EBIT is $-0.31 Mil as of Jan. 2024. GuruFocus rates MMMW with a GF Score™ of 32/100.

Mass Megawatts Wind Power's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mass Megawatts Wind Power's annualized ROC % for the quarter that ended in Jan. 2024 was -76.58%. Mass Megawatts Wind Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mass Megawatts Wind Power's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -144.19%.

Mass Megawatts Wind Power (OTCPK:MMMW) EBIT Explanation

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

Mass Megawatts Wind Power'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: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	-0.188 * ( 1 - 0% )	/	( (0.229	+	0.262)	/ 2 )
=	-0.188	/	0.2455
=	-76.58 %

where

	Invested Capital		(Q: Oct. 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	))
=	0.001	-	0.157	-	( 0	-	max(0, 0.386	-	0.001	+	0	))
=	0.229

	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	))
=	0.003	-	0.155	-	( 0.002	-	max(0, 0.417	-	0.003	+	0.002	))
=	0.262

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

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

Mass Megawatts Wind Power'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: Oct. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.004	/	( ( (0 + max(-0.326, 0))	+	(0 + max(-0.309, 0)) )	/	2 )
=	-0.004	/	( ( 0	+	0 )	/	2 )
=	-0.004	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.001)	-	(0.157	+	0.028	+	0.142)
=	-0.326

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.001)	-	(0.155	+	0.028	+	0.127)
=	-0.309

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

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

Mass Megawatts Wind Power's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	-0.31	/	0.215
	=	-144.19 %

* 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.

Mass Megawatts Wind Power EBIT Related Terms

Mass Megawatts Wind Power EBIT Historical Data

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The historical data trend for Mass Megawatts Wind Power's EBIT can be seen below:

Mass Megawatts Wind Power EBIT Chart

Mass Megawatts Wind Power Annual Data

Trend

Apr09

Apr10

Apr11

Apr12

Apr13

Apr14

Apr21

Apr22

Apr23

EBIT

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-0.42

-0.44

-0.29

-0.35

Mass Megawatts Wind Power Quarterly Data
	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial															-0.04	-0.16	-0.17	0.02	-0.00

MMMW vs ALCE, ETRXF, GEV: EBIT Comparison

For the Utilities - Renewable subindustry, Mass Megawatts Wind Power'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.

Mass Megawatts Wind Power EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mass Megawatts Wind Power's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mass Megawatts Wind Power's EV-to-EBIT falls into.

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32GF Score

Mass Megawatts Wind Power Inc MMMW

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Mass Megawatts Wind Power 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 quarterly data reported by the company within the most recent 12 months, which was $-0.31 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-0.31 Mil mean?

Mass Megawatts Wind Power (MMMW) has a EBIT of $-0.31 Mil as of Jan. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mass Megawatts Wind Power.

Is Mass Megawatts Wind Power's EBIT too high?

Mass Megawatts Wind Power's current EBIT is $-0.31 Mil. Overall, Mass Megawatts Wind Power has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.

How does Mass Megawatts Wind Power's EBIT compare to ALCE and ETRXF?

Mass Megawatts Wind Power's EBIT of $-0.31 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?

A good EBIT depends on the Utilities - Independent Power Producers 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 Mass Megawatts Wind Power. Mass Megawatts Wind Power's current EBIT is $-0.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mass Megawatts Wind Power stock overvalued right now?

Mass Megawatts Wind Power (MMMW) has a current EBIT of $-0.31 Mil. The current EBIT is $-0.31 Mil. Mass Megawatts Wind Power's overall GF Score™ is 32/100. 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 Mass Megawatts Wind Power (MMMW), the current EBIT is $-0.31 Mil as of Jan. 2024. 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.

Mass Megawatts Wind Power Business Description

Industry Utilities Utilities - Independent Power Producers

Comparable Companies ALCE ETRXF GEV CEG SHSE:600900 ISX:BREN WBO:VER XPRA:CEZ SHSE:600025 BKK:GULF BOM:541450 SHSE:600905 OCSE:ORSTED SHSE:600886 BSP:ELET3 OHEL:FORTUM SZSE:001289 TSE:9503 BSE:H2O NSE:NTPCGREEN

Address 119 Boston Turnpike, No. 290, Shrewsbury, MA, USA, 01545

Website https://www.massmegawatts.com

Mass Megawatts Wind Power Inc is engaged in the development of renewable power technology. It develops solar trackers and wind energy equipment for low-cost clean energy generation. The company's patent pending, Mass Megawatts Solar Tracking System (STS) is a complete solar power system that is designed to continually adjust the position of solar panels to receive the optimal level of direct sunlight throughout the day. In addition, it also seeks to build and operate wind-energy-generated power plants utilizing proprietary MultiAxis Turbine technology.

32GF Score

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$0.10

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