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Photoelectron (Photoelectron) EBIT : $-7.15 Mil (TTM As of Sep. 2002)


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What is Photoelectron EBIT?

Photoelectron's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2002 was $-1.52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2002 was $-7.15 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Photoelectron's annualized ROC % for the quarter that ended in Sep. 2002 was -261.45%. Photoelectron's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2002 was -433.64%.

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


Photoelectron EBIT Historical Data

The historical data trend for Photoelectron'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.

Photoelectron EBIT Chart

Photoelectron Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
EBIT
Get a 7-Day Free Trial -7.20 -8.92 -8.17 -6.39 -8.76

Photoelectron Quarterly Data
Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
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 -2.30 -2.44 -1.67 -1.53 -1.52

Competitive Comparison of Photoelectron's EBIT

For the Medical Devices subindustry, Photoelectron'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.


Photoelectron's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Photoelectron's EV-to-EBIT distribution charts can be found below:

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



Photoelectron 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. 2002 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.15 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.


Photoelectron  (OTCPK:PECN) EBIT Explanation

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

Photoelectron's annualized ROC % for the quarter that ended in Sep. 2002 is calculated as:

ROC % (Q: Sep. 2002 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2002 ) + Invested Capital (Q: Sep. 2002 ))/ count )
=-6.084 * ( 1 - % )/( (2.584 + 2.07)/ 2 )
=-6.084/2.327
=-261.45 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2002) data.

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

Photoelectron's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2002 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2002 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2002  Q: Sep. 2002
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.084/( ( (0.333 + max(1.306, 0)) + (0.339 + max(0.828, 0)) )/ 2 )
=-6.084/( ( 1.639 + 1.167 )/ 2 )
=-6.084/1.403
=-433.64 %

where Working Capital is:

Working Capital(Q: Jun. 2002 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.401 + 1.583 + 0.339) - (0.959 + 0 + 0.058)
=1.306

Working Capital(Q: Sep. 2002 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.186 + 1.458 + 0.119) - (0.841 + 0 + 0.094)
=0.828

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2002) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2002 )
=-7.154/0.000
= %

* 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.


Photoelectron EBIT Related Terms

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Photoelectron (Photoelectron) Business Description

Traded in Other Exchanges
N/A
Address
9 Executive Park Drive, North Billerica, Billerica, MA, USA, 01862
Website
Photoelectron Corp is engaged in the design, development & commercialization of the Photon Radiosurgery System, a proprietary, therapeutic device for the treatment of cancerous tumors through the application of x-ray radiation directly to the tumor site. It is manufacturing miniature x-ray systems for a variety of applications in healthcare and non-healthcare related markets.

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