Zicom Electronic Security Systems (NSE:ZICOM) EBIT: ₹-896.0 Mil (TTM As of Sep. 2020)


NSE:ZICOM Zicom Electronic Security Systems Ltd NSE:ZICOM
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What is Zicom Electronic Security Systems EBIT?

Zicom Electronic Security Systems NSE:ZICOM 4 EBIT is ₹-896.0 Mil as of Sep. 2020. GuruFocus rates NSE:ZICOM with a GF Score™ of 4/100.

Zicom Electronic Security Systems's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2020 was ₹-71.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2020 was ₹-896.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zicom Electronic Security Systems's annualized ROC % for the quarter that ended in Sep. 2020 was -0.27%. Zicom Electronic Security Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -44.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zicom Electronic Security Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -9.91%.

Zicom Electronic Security Systems  (NSE:ZICOM) EBIT Explanation

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

Zicom Electronic Security Systems's annualized ROC % for the quarter that ended in Sep. 2020 is calculated as:

ROC % (Q: Sep. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2020 ) + Invested Capital (Q: Sep. 2020 ))/ count )
=-144.826 * ( 1 - 84% )/( (7985.4 + 9282.833)/ 2 )
=-23.17216/8634.1165
=-0.27 %

where

Invested Capital(Q: Mar. 2020 )
=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))
=2947.8 - 2166.4 - ( 60.1 - max(0, 9674.5 - 2470.5+60.1))
=7985.4

Invested Capital(Q: Sep. 2020 )
=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))
=2943.763 - 943.755 - ( 537.649 - max(0, 9754.047 - 2471.222+537.649))
=9282.833

Note: The Operating Income data used here is two times the semi-annual (Sep. 2020) data.

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

Zicom Electronic Security Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2020  Q: Sep. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-143.104/( ( (338 + max(-105, 0)) + (308.804 + max(-303.651, 0)) )/ 2 )
=-143.104/( ( 338 + 308.804 )/ 2 )
=-143.104/323.402
=-44.25 %

where Working Capital is:

Working Capital(Q: Mar. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1723.8 + 68.3 + 129.1) - (2166.4 + 0 + -140.2)
=-105

Working Capital(Q: Sep. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1723.681 + 66.667 + 143.225) - (943.755 + 0 + 1293.469)
=-303.651

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2020) EBIT data.

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

Zicom Electronic Security Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2020 )
=-895.976/9036.767
=-9.91 %

* 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.

Zicom Electronic Security Systems EBIT Related Terms

Zicom Electronic Security Systems EBIT Historical Data

* Premium members only.

The historical data trend for Zicom Electronic Security Systems'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.

Zicom Electronic Security Systems EBIT Chart

Zicom Electronic Security Systems Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 515.44 -1,436.30 -2,817.50 -2,225.90 -1,430.00

Zicom Electronic Security Systems Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
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 -1,236.11 -989.79 -605.58 -824.42 -71.55

NSE:ZICOM vs ALLE, ADT, MSA: EBIT Comparison

For the Security & Protection Services subindustry, Zicom Electronic Security Systems'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.

Zicom Electronic Security Systems EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Zicom Electronic Security Systems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zicom Electronic Security Systems's EV-to-EBIT falls into.


NSE:ZICOM
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Zicom Electronic Security Systems Ltd NSE:ZICOM
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Zicom Electronic Security Systems 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. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-896.0 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 ₹-896.0 Mil mean?
Zicom Electronic Security Systems (NSE:ZICOM) has a EBIT of ₹-896.0 Mil as of Sep. 2020. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zicom Electronic Security Systems.
Is Zicom Electronic Security Systems' EBIT too high?
Zicom Electronic Security Systems' current EBIT is ₹-896.0 Mil. Overall, Zicom Electronic Security Systems has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Zicom Electronic Security Systems' EBIT compare to ALLE and ADT?
Zicom Electronic Security Systems' EBIT of ₹-896.0 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 Zicom Electronic Security Systems. Zicom Electronic Security Systems's current EBIT is ₹-896.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zicom Electronic Security Systems stock overvalued right now?
Zicom Electronic Security Systems (NSE:ZICOM) has a current EBIT of ₹-896.0 Mil. The current EBIT is ₹-896.0 Mil. Zicom Electronic Security Systems' 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 Zicom Electronic Security Systems (NSE:ZICOM), the current EBIT is ₹-896.0 Mil as of Sep. 2020. 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.

Zicom Electronic Security Systems Business Description

Address 45, Chimbai Road, Off Hill Road, Zicom House, Bandra (West), Mumbai, MH, IND, 400050
Zicom Electronic Security Systems Ltd markets and sells electronic security systems and equipment. The company sells, distributes, markets and installs and monitors electronic security systems, gadgets, and equipment and also provides annual maintenance services. Its products portfolio consists of access control systems, CCTV systems, finger print locks, fire alarm systems, intrusion detection systems, and video door phones. Majority of the revenue is derived from the provision of security and safety products and services.
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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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