PREC (Prestige Cars International) EBIT: $ Mil (TTM As of Sep. 2023)


What is Prestige Cars International EBIT?

Prestige Cars International PREC EBIT is $ Mil as of Sep. 2023.

Prestige Cars International's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was $0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Prestige Cars International's annualized ROC % for the quarter that ended in Sep. 2023 was 0.00%. Prestige Cars International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 0.00%.

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

Prestige Cars International  (OTCPK:PREC) EBIT Explanation

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

Prestige Cars International's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=0 * ( 1 - % )/( (0 + 1.526)/ 1 )
=0/1.526
=0.00 %

where

Invested Capital(Q: Sep. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Sep. 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))
=1.482 - 0.293 - ( 0.152 - max(0, 1.806 - 1.469+0.152))
=1.526

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

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

Prestige Cars International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0 + max(0, 0)) + (0.013 + max(0.829, 0)) )/ 1 )
=0/( ( 0 + 0.842 )/ 1 )
=0/0.842
=0.00 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.023 + 1.294 + 2.2204460492503E-16) - (0.293 + 0.195 + 0)
=0.829

When net working capital is negative, 0 is used.

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

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

Prestige Cars International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=/0.270
= %

* 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.

Prestige Cars International EBIT Related Terms

Prestige Cars International EBIT Historical Data

* Premium members only.

The historical data trend for Prestige Cars International'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.

Prestige Cars International EBIT Chart

Prestige Cars International Annual Data
Trend
EBIT

Prestige Cars International Semi-Annual Data
Sep22 Sep23
EBIT 0.00 0.00

PREC vs NCNCF, ZAPPF, OMTK: EBIT Comparison

For the Auto & Truck Dealerships subindustry, Prestige Cars International'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.

Prestige Cars International EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Prestige Cars International's EV-to-EBIT distribution charts can be found below:

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


Prestige Cars International 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 Sep. 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $ Mil mean?
Prestige Cars International (PREC) has a EBIT of $ Mil as of Sep. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Prestige Cars International.
Is Prestige Cars International's EBIT too high?
Prestige Cars International's current EBIT is $ Mil.
How does Prestige Cars International's EBIT compare to NCNCF and ZAPPF?
Prestige Cars International's EBIT of $ Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 Prestige Cars International. Prestige Cars International's current EBIT is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prestige Cars International stock overvalued right now?
Prestige Cars International (PREC) has a current EBIT of $ Mil. The current EBIT is $ 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 Prestige Cars International (PREC), the current EBIT is $ Mil as of Sep. 2023. 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.

Prestige Cars International Business Description

Address 1013 West Sunrise boulevard, Fort Lauderdale, FL, USA, 33311
Prestige Cars International Inc is engaged in restoring, buying, maintaining, selling and servicing High-End luxury European vehicles new and used and their parts world wide. The business of the company is conducted through its showroom and via the internet. The Company specializes in current and vintage Rolls Royce, Bentley, Mercedes Benz, BMW, Porsche, Jaguar, Ferrari, Aston Martin and Land Rovers. The Company services both the B2B and B2C automotive space.