Eon Electric (NSE:EON) EBIT: ₹-505.3 Mil (TTM As of Dec. 2019)


NSE:EON Eon Electric Ltd NSE:EON
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What is Eon Electric EBIT?

Eon Electric NSE:EON 4 EBIT is ₹-505.3 Mil as of Dec. 2019. GuruFocus rates NSE:EON with a GF Score™ of 4/100.

Eon Electric's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2019 was ₹-223.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2019 was ₹-505.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eon Electric's annualized ROC % for the quarter that ended in Dec. 2019 was -72.64%. Eon Electric's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -87.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eon Electric's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -428.87%.

Eon Electric  (NSE:EON) EBIT Explanation

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

Eon Electric's annualized ROC % for the quarter that ended in Dec. 2019 is calculated as:

ROC % (Q: Dec. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2019 ) + Invested Capital (Q: Dec. 2019 ))/ count )
=-898.028 * ( 1 - 0% )/( (1236.327 + 0)/ 1 )
=-898.028/1236.327
=-72.64 %

where

Invested Capital(Q: Sep. 2019 )
=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))
=1455.471 - 170.998 - ( 48.146 - max(0, 621.558 - 1111.44+48.146))
=1236.327

Invested Capital(Q: Dec. 2019 )
=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 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Note: The Operating Income data used here is four times the quarterly (Dec. 2019) data.

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

Eon Electric's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2019  Q: Dec. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-892.388/( ( (284.597 + max(735.983, 0)) + (0 + max(0, 0)) )/ 1 )
=-892.388/( ( 1020.58 + 0 )/ 1 )
=-892.388/1020.58
=-87.44 %

where Working Capital is:

Working Capital(Q: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(618.538 + 360.722 + 84.034) - (170.998 + 0 + 156.313)
=735.983

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2019 )
=-505.256/117.810
=-428.87 %

* 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.

Eon Electric EBIT Related Terms

Eon Electric EBIT Historical Data

* Premium members only.

The historical data trend for Eon Electric'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.

Eon Electric EBIT Chart

Eon Electric Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -118.95 39.44 113.36 108.64 -158.73

Eon Electric Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -22.07 -57.97 -65.24 -158.95 -223.10

NSE:EON vs HON, MMM, GE: EBIT Comparison

For the Specialty Industrial Machinery subindustry, Eon Electric'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.

Eon Electric EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eon Electric's EV-to-EBIT distribution charts can be found below:

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


NSE:EON
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Eon Electric Ltd NSE:EON
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Eon Electric 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 Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-505.3 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 ₹-505.3 Mil mean?
Eon Electric (NSE:EON) has a EBIT of ₹-505.3 Mil as of Dec. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Eon Electric.
Is Eon Electric's EBIT too high?
Eon Electric's current EBIT is ₹-505.3 Mil. Overall, Eon Electric has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Eon Electric's EBIT compare to HON and MMM?
Eon Electric's EBIT of ₹-505.3 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good EBIT depends on the Industrial Products 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 Eon Electric. Eon Electric's current EBIT is ₹-505.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eon Electric stock overvalued right now?
Eon Electric (NSE:EON) has a current EBIT of ₹-505.3 Mil. The current EBIT is ₹-505.3 Mil. Eon Electric's overall GF Score™ is 4/100. 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 Eon Electric (NSE:EON), the current EBIT is ₹-505.3 Mil as of Dec. 2019. 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.

Eon Electric Business Description

Address Hosiery Complex, C-81, 2nd Floor, Phase 2, Noida, UP, IND, 201305
Eon Electric Ltd manufactures electrical switchgear, lighting equipment, and cables. It engages in the manufacturing and marketing of wires and cables, lighting products and LED Lights. It operates its business through the following segments: Cable and Wires, Lighting, Electrical Consumer Durables, and Others. The Cable and Wires segment includes wires and cables. The Lighting segment includes compact fluorescent lamps, fluorescent tube lights, and luminaires etc. The Electrical Consumer Durables segment includes Fans, Water Heaters etc. The Others segment includes modular switches, wiring accessories, home automation, fans, lithium-ion batteries, mobile phone accessories. Its Lighting segment acts as a core revenue driver for the firm.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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