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ROX Hi-Tech (NSE:ROXHITECH) EBIT : ₹ Mil (TTM As of Mar. 2023)


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What is ROX Hi-Tech EBIT?

ROX Hi-Tech's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was ₹234 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ROX Hi-Tech's annualized ROC % for the quarter that ended in Mar. 2023 was 43.81%. ROX Hi-Tech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 74.48%.

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

ROX Hi-Tech EBIT Historical Data

The historical data trend for ROX Hi-Tech'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.

ROX Hi-Tech EBIT Chart

ROX Hi-Tech Annual Data
Trend Mar21 Mar22 Mar23
EBIT
23.31 40.41 234.45

ROX Hi-Tech Semi-Annual Data
Mar21 Mar22 Mar23
EBIT 23.31 40.41 234.45

Competitive Comparison of ROX Hi-Tech's EBIT

For the Information Technology Services subindustry, ROX Hi-Tech'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.

ROX Hi-Tech's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, ROX Hi-Tech's EV-to-EBIT distribution charts can be found below:

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


ROX Hi-Tech 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was ₹ 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.

ROX Hi-Tech  (NSE:ROXHITECH) EBIT Explanation

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

ROX Hi-Tech's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=229.174 * ( 1 - 25.13% )/( (261.236 + 522.021)/ 2 )
=171.5825738/391.6285
=43.81 %

where

Invested Capital(Q: Mar. 2022 )
=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))
=386.672 - 110.487 - ( 14.949 - max(0, 253.501 - 293.245+14.949))
=261.236

Invested Capital(Q: Mar. 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))
=610.326 - 88.193 - ( 0.112 - max(0, 331.774 - 504.952+0.112))
=522.021

Note: The Operating Income data used here is one times the annual (Mar. 2023) data.

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

ROX Hi-Tech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=234.453/( ( (49.241 + max(161.984, 0)) + (53.238 + max(365.07, 0)) )/ 2 )
=234.453/( ( 211.225 + 418.308 )/ 2 )
=234.453/314.7665
=74.48 %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(167.716 + 99.676 + 10.904) - (110.487 + 0 + 5.825)
=161.984

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(184.352 + 300.596 + 19.892) - (88.193 + 0 + 51.577)
=365.07

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

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

ROX Hi-Tech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=/3458.863
= %

* 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.

ROX Hi-Tech EBIT Related Terms

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ROX Hi-Tech (NSE:ROXHITECH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ROX Hi-Tech Ltd (NSE:ROXHITECH) » Definitions » EBIT
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Traded in Other Exchanges
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Address
Mahalingapuram Main Road, Old No.101B, New No.160, 1st & 3rd Floor, Nungambakkam, Chennai, TN, IND, 600034
Website
https://www.rox.co.in
ROX Hi-Tech Ltd is a customer-centric IT solutions provider committed to excellence. It offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. The company is India's leading end-to-end IT solution provider.

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