OPST (OPT Sciences) EBIT: $2.01 Mil (TTM As of Jul. 2015)


What is OPT Sciences EBIT?

OPT Sciences OPST +13.75% EBIT is $2.01 Mil as of Jul. 2015.

OPT Sciences's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2015 was $0.58 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2015 was $2.01 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OPT Sciences's annualized ROC % for the quarter that ended in Jul. 2015 was 44.54%. OPT Sciences's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2015 was 82.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OPT Sciences's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2015 was 13.78%.

OPT Sciences  (OTCPK:OPST) EBIT Explanation

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

OPT Sciences's annualized ROC % for the quarter that ended in Jul. 2015 is calculated as:

ROC % (Q: Jul. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2015 ) + Invested Capital (Q: Jul. 2015 ))/ count )
=2.308 * ( 1 - 38.94% )/( (3.093 + 3.235)/ 2 )
=1.4092648/3.164
=44.54 %

where

Invested Capital(Q: Apr. 2015 )
=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))
=15.462 - 0.265 - ( 12.104 - max(0, 0.578 - 14.487+12.104))
=3.093

Invested Capital(Q: Jul. 2015 )
=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))
=15.923 - 0.353 - ( 12.335 - max(0, 0.669 - 14.881+12.335))
=3.235

Note: The Operating Income data used here is four times the quarterly (Jul. 2015) data.

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

OPT Sciences's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2015  Q: Jul. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.308/( ( (0.972 + max(1.753, 0)) + (1.039 + max(1.803, 0)) )/ 2 )
=2.308/( ( 2.725 + 2.842 )/ 2 )
=2.308/2.7835
=82.92 %

where Working Capital is:

Working Capital(Q: Apr. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.321 + 0.993 + 0.017000000000001) - (0.265 + 0.057 + 0.256)
=1.753

Working Capital(Q: Jul. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.387 + 1.069 + 0.015999999999998) - (0.353 + 0.022 + 0.294)
=1.803

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2015) EBIT data.

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

OPT Sciences's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2015 )
=2.005/14.554
=13.78 %

* 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.

OPT Sciences EBIT Related Terms

OPT Sciences EBIT Historical Data

* Premium members only.

The historical data trend for OPT Sciences'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.

OPT Sciences EBIT Chart

OPT Sciences Annual Data
Trend Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 1.06 0.99 1.17 1.24

OPT Sciences Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
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 0.28 0.55 0.33 0.55 0.58

OPST vs SDEV, SIF, OPXS: EBIT Comparison

For the Aerospace & Defense subindustry, OPT Sciences'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.

OPT Sciences EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OPT Sciences's EV-to-EBIT distribution charts can be found below:

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


OPT Sciences 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 Jul. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.01 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 $2.01 Mil mean?
OPT Sciences (OPST) has a EBIT of $2.01 Mil as of Jul. 2015. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on OPT Sciences.
Is OPT Sciences' EBIT too high?
OPT Sciences' current EBIT is $2.01 Mil.
How does OPT Sciences' EBIT compare to SDEV and SIF?
OPT Sciences' EBIT of $2.01 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense 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 OPT Sciences. OPT Sciences's current EBIT is $2.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OPT Sciences stock overvalued right now?
OPT Sciences (OPST) has a current EBIT of $2.01 Mil. The current EBIT is $2.01 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 OPT Sciences (OPST), the current EBIT is $2.01 Mil as of Jul. 2015. 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.

OPT Sciences Business Description

Address 1912 Bannard Street, Cinnaminson, NJ, USA, 08077
OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.