Opal Luxury Time Products (NSE:OPAL) EBIT: ₹-140.18 Mil (TTM As of Sep. 2019)


What is Opal Luxury Time Products EBIT?

Opal Luxury Time Products NSE:OPAL EBIT is ₹-140.18 Mil as of Sep. 2019.

Opal Luxury Time Products's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2019 was ₹-140.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2019 was ₹-140.18 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Opal Luxury Time Products's annualized ROC % for the quarter that ended in Sep. 2019 was -116.14%. Opal Luxury Time Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was -384.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Opal Luxury Time Products's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2019 was -97.06%.

Opal Luxury Time Products  (NSE:OPAL) EBIT Explanation

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

Opal Luxury Time Products's annualized ROC % for the quarter that ended in Sep. 2019 is calculated as:

ROC % (Q: Sep. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2018 ) + Invested Capital (Q: Sep. 2019 ))/ count )
=-281.286 * ( 1 - 0% )/( (0 + 242.192)/ 1 )
=-281.286/242.192
=-116.14 %

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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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))
=114.468 - 15.827 - ( 0.167 - max(0, 169.406 - 25.855+0.167))
=242.192

Note: The Operating Income data used here is two times the semi-annual (Sep. 2019) data.

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

Opal Luxury Time Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2018  Q: Sep. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-280.366/( ( (0 + max(0, 0)) + (73.005 + max(-28.666, 0)) )/ 1 )
=-280.366/( ( 0 + 73.005 )/ 1 )
=-280.366/73.005
=-384.04 %

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)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.119 + 5.446 + -3.5527136788005E-15) - (15.827 + 0 + 28.404)
=-28.666

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2019) EBIT data.

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

Opal Luxury Time Products's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2019 )
=-140.183/144.429
=-97.06 %

* 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.

Opal Luxury Time Products EBIT Related Terms

Opal Luxury Time Products EBIT Historical Data

* Premium members only.

The historical data trend for Opal Luxury Time Products'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.

Opal Luxury Time Products EBIT Chart

Opal Luxury Time Products Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
EBIT
Get a 7-Day Free Trial 28.29 15.19 14.04 -34.13 -39.23

Opal Luxury Time Products Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19
EBIT Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 -39.09 -140.18

NSE:OPAL vs FBHS, WHR, MHK: EBIT Comparison

For the Furnishings, Fixtures & Appliances subindustry, Opal Luxury Time Products'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.

Opal Luxury Time Products EV-to-EBIT vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opal Luxury Time Products's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Opal Luxury Time Products's EV-to-EBIT falls into.


Opal Luxury Time Products 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 Sep. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-140.18 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 ₹-140.18 Mil mean?
Opal Luxury Time Products (NSE:OPAL) has a EBIT of ₹-140.18 Mil as of Sep. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Opal Luxury Time Products.
Is Opal Luxury Time Products' EBIT too high?
Opal Luxury Time Products' current EBIT is ₹-140.18 Mil.
How does Opal Luxury Time Products' EBIT compare to FBHS and WHR?
Opal Luxury Time Products' EBIT of ₹-140.18 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good EBIT depends on the Furnishings, Fixtures & Appliances 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 Opal Luxury Time Products. Opal Luxury Time Products's current EBIT is ₹-140.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opal Luxury Time Products stock overvalued right now?
Opal Luxury Time Products (NSE:OPAL) has a current EBIT of ₹-140.18 Mil. The current EBIT is ₹-140.18 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 Opal Luxury Time Products (NSE:OPAL), the current EBIT is ₹-140.18 Mil as of Sep. 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.

Opal Luxury Time Products Business Description

Address Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home decor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.