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Synoptics Technologies (NSE:SYNOPTICS) EBIT : ₹ Mil (TTM As of Mar. 2022)


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What is Synoptics Technologies EBIT?

Synoptics Technologies's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2022 was ₹71.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Synoptics Technologies's annualized ROC % for the quarter that ended in Mar. 2022 was 17.40%. Synoptics Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 26.84%.

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

Synoptics Technologies EBIT Historical Data

The historical data trend for Synoptics Technologies'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.

Synoptics Technologies EBIT Chart

Synoptics Technologies Annual Data
Trend Mar20 Mar21 Mar22
EBIT
36.42 46.27 71.87

Synoptics Technologies Semi-Annual Data
Mar20 Mar21 Mar22
EBIT 36.42 46.27 71.87

Competitive Comparison of Synoptics Technologies's EBIT

For the Information Technology Services subindustry, Synoptics Technologies'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.

Synoptics Technologies's EV-to-EBIT Distribution in the Software Industry

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

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


Synoptics Technologies 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. 2022 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.

Synoptics Technologies  (NSE:SYNOPTICS) EBIT Explanation

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

Synoptics Technologies's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

ROC % (Q: Mar. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2021 ) + Invested Capital (Q: Mar. 2022 ))/ count )
=72.069 * ( 1 - 26.28% )/( (281.903 + 328.645)/ 2 )
=53.1292668/305.274
=17.40 %

where

Invested Capital(Q: Mar. 2021 )
=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))
=375.978 - 86.227 - ( 7.848 - max(0, 168.404 - 252.078+7.848))
=281.903

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))
=427.98 - 82.767 - ( 16.568 - max(0, 185.047 - 284.328+16.568))
=328.645

Note: The Operating Income data used here is one times the annual (Mar. 2022) data.

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

Synoptics Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2021  Q: Mar. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=71.871/( ( (114.58 + max(133.244, 0)) + (121.537 + max(166.205, 0)) )/ 2 )
=71.871/( ( 247.824 + 287.742 )/ 2 )
=71.871/267.783
=26.84 %

where Working Capital is:

Working Capital(Q: Mar. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(96.735 + 20.929 + 125.555) - (86.227 + 0 + 23.748)
=133.244

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108.052 + 58.43 + 98.249) - (82.767 + 0 + 15.759)
=166.205

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2022 )
=/1012.539
= %

* 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.

Synoptics Technologies EBIT Related Terms

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Synoptics Technologies (NSE:SYNOPTICS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Synoptics Technologies Ltd (NSE:SYNOPTICS) » Definitions » EBIT
Comparable Companies
BOM:533056 BOM:542367 BOM:517494 NSE:VERTEXPLUS NSE:QUICKTOUCH BOM:543281 BOM:532801 NSE:AAATECH NSE:RSSOFTWARE BOM:512149 ACN NSE:TCS IBM FI NSE:INFY NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
N/A
Address
301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064
Website
https://synoptics.co.in
Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

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