Five Core Electronics (NSE:FIVECORE) EBIT: ₹327 Mil (TTM As of Dec. 2018)


What is Five Core Electronics EBIT?

Five Core Electronics NSE:FIVECORE EBIT is ₹327 Mil as of Dec. 2018.

Five Core Electronics's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2018 was ₹76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2018 was ₹327 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Five Core Electronics's annualized ROC % for the quarter that ended in Dec. 2018 was 15.99%. Five Core Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was 24.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Five Core Electronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was 81.63%.

Five Core Electronics  (NSE:FIVECORE) EBIT Explanation

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

Five Core Electronics's annualized ROC % for the quarter that ended in Dec. 2018 is calculated as:

ROC % (Q: Dec. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2018 ) + Invested Capital (Q: Dec. 2018 ))/ count )
=272.92 * ( 1 - 13.01% )/( (1484.864 + 0)/ 1 )
=237.413108/1484.864
=15.99 %

where

Invested Capital(Q: Sep. 2018 )
=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))
=1861.746 - 98.709 - ( 278.173 - max(0, 492.968 - 1616.562+278.173))
=1484.864

Invested Capital(Q: Dec. 2018 )
=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. 2018) data.

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

Five Core Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2018  Q: Dec. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=302.072/( ( (199.412 + max(1031.324, 0)) + (0 + max(0, 0)) )/ 1 )
=302.072/( ( 1230.736 + 0 )/ 1 )
=302.072/1230.736
=24.54 %

where Working Capital is:

Working Capital(Q: Sep. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(574.851 + 636.578 + 0.59300000000007) - (98.709 + 0 + 81.989)
=1031.324

Working Capital(Q: Dec. 2018 )
=(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. 2018) EBIT data.

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

Five Core Electronics's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2018 )
=326.589/400.074
=81.63 %

* 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.

Five Core Electronics EBIT Related Terms

Five Core Electronics EBIT Historical Data

* Premium members only.

The historical data trend for Five Core Electronics'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.

Five Core Electronics EBIT Chart

Five Core Electronics Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
EBIT
Get a 7-Day Free Trial 25.41 26.38 33.76 51.97 251.08

Five Core Electronics Quarterly Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 106.60 68.21 83.90 98.96 75.52

NSE:FIVECORE vs : EBIT Comparison

For the Consumer Electronics subindustry, Five Core Electronics'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.

Five Core Electronics EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Five Core Electronics's EV-to-EBIT distribution charts can be found below:

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


Five Core Electronics 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹327 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 ₹327 Mil mean?
Five Core Electronics (NSE:FIVECORE) has a EBIT of ₹327 Mil as of Dec. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Five Core Electronics.
Is Five Core Electronics' EBIT too high?
Five Core Electronics' current EBIT is ₹327 Mil.
How does Five Core Electronics' EBIT compare to ?
Five Core Electronics' EBIT of ₹327 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Five Core Electronics. Five Core Electronics's current EBIT is ₹327 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Five Core Electronics stock overvalued right now?
Five Core Electronics (NSE:FIVECORE) has a current EBIT of ₹327 Mil. The current EBIT is ₹327 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 Five Core Electronics (NSE:FIVECORE), the current EBIT is ₹327 Mil as of Dec. 2018. 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.

Five Core Electronics Business Description

Comparable Companies
Address Uggarsain Market, Ashok Nagar, WZ-15B, Ground Floor, New Delhi, IND, 110018
Five Core Electronics Ltd is mainly engaged in Manufacturing and Trading of Electronics and Electricals items with their components. Its products portfolio includes Microphones, Speakers, Amplifiers, Mixers, Conference systems, Megaphones, Horns, Bass Tubes, Tweeters, Home Theaters, Car Speakers, Wall and Ceiling Speakers, TV and other electronics / electrical goods. The company exports its products to U.S.A, U.K, China, Hong Kong, Columbia, Singapore, Dubai, S.A, Saudi Arabia, Kuwait, Nepal, Egypt, Brazil, Argentina, Tanzania, Nigeria, and Bangladesh.