PREDQ (Predictive Technology Group) EBIT: $-61.88 Mil (TTM As of Mar. 2021)

What is Predictive Technology Group EBIT?

Predictive Technology Group PREDQ -90.00% EBIT is $-61.88 Mil as of Mar. 2021.

Predictive Technology Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2021 was $-6.93 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2021 was $-61.88 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Predictive Technology Group's annualized ROC % for the quarter that ended in Mar. 2021 was -16.97%. Predictive Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2021 was -583.82%.

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

Predictive Technology Group (OTCPK:PREDQ) EBIT Explanation

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

Predictive Technology Group's annualized ROC % for the quarter that ended in Mar. 2021 is calculated as:

	ROC % (Q: Mar. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2020 )	+	Invested Capital (Q: Mar. 2021 ))	/ count )
=	-12.936 * ( 1 - 0% )	/	( (78.141	+	74.358)	/ 2 )
=	-12.936	/	76.2495
=	-16.97 %

where

	Invested Capital		(Q: Dec. 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	))
=	70.452	-	15.332	-	( 0.134	-	max(0, 29.41	-	6.389	+	0.134	))
=	78.141

	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	))
=	66.959	-	14.39	-	( 0.152	-	max(0, 30.629	-	8.84	+	0.152	))
=	74.358

Note: The Operating Income data used here is four times the quarterly (Mar. 2021) data.

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

Predictive Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2020		Q: Mar. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-27.72	/	( ( (5.257 + max(-15.407, 0))	+	(4.239 + max(-11.826, 0)) )	/	2 )
=	-27.72	/	( ( 5.257	+	4.239 )	/	2 )
=	-27.72	/	4.748
=	-583.82 %

where Working Capital is:

	Working Capital		(Q: Dec. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.319	+	0.594	+	5.342)	-	(15.332	+	5.748	+	0.582)
=	-15.407

	Working Capital		(Q: Mar. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.415	+	0.923	+	5.35)	-	(14.39	+	5.567	+	0.557)
=	-11.826

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2021) EBIT data.

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

Predictive Technology Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2021 )
	=	-61.884	/	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.

Predictive Technology Group EBIT Related Terms

Predictive Technology Group EBIT Historical Data

* Premium members only.

The historical data trend for Predictive Technology Group's EBIT can be seen below:

Predictive Technology Group EBIT Chart

Predictive Technology Group Annual Data

Trend

Aug06

Aug07

Jun16

Jun17

Jun18

Jun19

Jun20

EBIT

Get a 7-Day Free Trial

-2.39

-4.79

-12.33

-20.76

-95.96

Predictive Technology Group Quarterly Data
	Nov07	Feb08	May08	Jun16	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
EBIT	Get a 7-Day Free Trial															-12.38	-40.58	-7.55	-6.83	-6.93

PREDQ vs GLMD, RCAR, CKPT: EBIT Comparison

For the Biotechnology subindustry, Predictive Technology Group'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.

Predictive Technology Group EV-to-EBIT vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Predictive Technology Group's EV-to-EBIT distribution charts can be found below:

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

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Predictive Technology Group 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 Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-61.88 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-61.88 Mil mean?

Predictive Technology Group (PREDQ) has a EBIT of $-61.88 Mil as of Mar. 2021. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Predictive Technology Group.

Is Predictive Technology Group's EBIT too high?

Predictive Technology Group's current EBIT is $-61.88 Mil.

How does Predictive Technology Group's EBIT compare to GLMD and RCAR?

Predictive Technology Group's EBIT of $-61.88 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?

A good EBIT depends on the Biotechnology 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 Predictive Technology Group. Predictive Technology Group's current EBIT is $-61.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Predictive Technology Group stock overvalued right now?

Predictive Technology Group (PREDQ) has a current EBIT of $-61.88 Mil. The current EBIT is $-61.88 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 Predictive Technology Group (PREDQ), the current EBIT is $-61.88 Mil as of Mar. 2021. 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.

Predictive Technology Group Business Description

Industry Healthcare Biotechnology

Comparable Companies GLMD RCAR CKPT CYCN HGEN AGTC ALDX PHAS SVRA MRKR OCSE:NOVO B ASX:CSL VRTX REGN XKRX:207940 SGEN MRNA ALXN XKRX:068270 INCY

Address 2735 Parleys Way, Suite 205, Salt Lake City, UT, USA, 84109

Website https://www.predtechgroup.com

Predictive Technology Group Inc (PRx) is a biotechnology company. It develops, commercializes, acquires and invests in technologies engaged in novel molecular diagnostic and therapeutic products in healthcare. The HCT/P segment offers minimally manipulated tissue products intended for homologous use, prepared utilizing proprietary extraction methods that reduce the loss of important scaffolding, growth factors and cytokines. The company's Diagnostics and Therapeutics segment uses data analytics for disease identification and subsequent therapeutic intervention through novel gene-based diagnostics, and companion therapeutics. It generates most of its revenues from HCT/Ps segment.