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NMGC (NeoMagic) EBIT : $-2.82 Mil (TTM As of Oct. 2010)


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What is NeoMagic EBIT?

NeoMagic's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2010 was $-0.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2010 was $-2.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NeoMagic's annualized ROC % for the quarter that ended in Oct. 2010 was -13,000.00%. NeoMagic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2010 was -13,000.00%.

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


NeoMagic EBIT Historical Data

The historical data trend for NeoMagic'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.

NeoMagic EBIT Chart

NeoMagic Annual Data
Trend Jan00 Jan01 Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.82 -10.23 -18.75 -18.41 -8.04

NeoMagic Quarterly Data
Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10
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 -0.23 -1.43 -0.40 -0.86 -0.13

Competitive Comparison of NeoMagic's EBIT

For the Semiconductors subindustry, NeoMagic'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.


NeoMagic's EV-to-EBIT Distribution in the Semiconductors Industry

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

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



NeoMagic 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 Oct. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.82 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.


NeoMagic  (OTCPK:NMGC) EBIT Explanation

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

NeoMagic's annualized ROC % for the quarter that ended in Oct. 2010 is calculated as:

ROC % (Q: Oct. 2010 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2010 ) + Invested Capital (Q: Oct. 2010 ))/ count )
=-0.52 * ( 1 - 0% )/( (0.004 + 0.0040000000000001)/ 2 )
=-0.52/0.004
=-13,000.00 %

where

Invested Capital(Q: Oct. 2010 )
=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))
=0.633 - 0.704 - ( 0.437 - max(0, 0.704 - 0.629+0.437))
=0.0040000000000001

Note: The Operating Income data used here is four times the quarterly (Oct. 2010) data.

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

NeoMagic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2010 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2010 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2010  Q: Oct. 2010
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.52/( ( (0.004 + max(-0.739, 0)) + (0.004 + max(-0.512, 0)) )/ 2 )
=-0.52/( ( 0.004 + 0.004 )/ 2 )
=-0.52/0.004
=-13,000.00 %

where Working Capital is:

Working Capital(Q: Jul. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.068 + 0.125 + 0.033) - (0.965 + 0 + 0)
=-0.739

Working Capital(Q: Oct. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.083 + 0.091 + 0.018) - (0.704 + 0 + 0)
=-0.512

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2010) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2010 )
=-2.821/0.000
= %

* 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.


NeoMagic EBIT Related Terms

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NeoMagic Business Description

Traded in Other Exchanges
N/A
Address
830 Hillview Court, Suite 138, Milpitas, CA, USA, 95035
NeoMagic Corp designs and delivers consumer electronic device solutions with semiconductors and software for video, television, imaging, graphics, and audio. The products are offered under the MiMagic name.
Executives
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Steve Valenzuela director 1800 GREEN HILLS ROAD, SCOTTS VALLEY CA 95066
Brett Moyer director C/O FOCUS ENHANCEMENTS INC, 1370 DELL AVE, CAMPBELL CA 95008
Stephen Lanza officer: VP Operations & Finance, CFO 4650 CUSHING PARKWAY, FREMONT CA 94538