Pixon Technologies (ROCO:5248) EBIT : NT$46.9 Mil (TTM As of Jun. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Pixon Technologies EBIT?

Pixon Technologies's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was NT$32.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$46.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pixon Technologies's annualized ROC % for the quarter that ended in Jun. 2024 was 7.05%. Pixon Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pixon Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.69%.

Pixon Technologies EBIT Historical Data

The historical data trend for Pixon Technologies'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.

Pixon Technologies EBIT Chart

Pixon Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

39.99

-2.37

13.19

16.91

26.89

Pixon Technologies Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															9.49	7.42	12.08	14.81	32.10

Competitive Comparison of Pixon Technologies's EBIT

For the Electronic Components subindustry, Pixon Technologies'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.

Pixon Technologies's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pixon Technologies's EV-to-EBIT distribution charts can be found below:

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

Pixon Technologies 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$46.9 Mil.

Pixon Technologies (ROCO:5248) EBIT Explanation

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

Pixon Technologies's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	49.412 * ( 1 - 8.61% )	/	( (622.011	+	658.256)	/ 2 )
=	45.1576268	/	640.1335
=	7.05 %

where

	Invested Capital		(Q: Dec. 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	))
=	822.311	-	59.08	-	( 141.22	-	max(0, 78.526	-	314.199	+	141.22	))
=	622.011

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	880.709	-	75.169	-	( 147.284	-	max(0, 102.857	-	362.525	+	147.284	))
=	658.256

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Pixon Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	64.194	/	( ( (434.507 + max(106.404, 0))	+	(480.534 + max(128.072, 0)) )	/	2 )
=	64.194	/	( ( 540.911	+	608.606 )	/	2 )
=	64.194	/	574.7585
=	11.17 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(54.942	+	107.297	+	6.367)	-	(59.08	+	0	+	3.122)
=	106.404

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(117.475	+	83.757	+	7.988)	-	(75.169	+	0	+	5.979)
=	128.072

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	46.911	/	824.983
	=	5.69 %

Pixon Technologies EBIT Related Terms

Thank you for viewing the detailed overview of Pixon Technologies's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Pixon Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pixon Technologies Corp (ROCO:5248) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 52, Minquan Road, 9th Floor, Xindian District, New Taipei City, TWN, 23141

Website

http://www.pixon.com.tw

Pixon Technologies Corp is a Taiwan based company operating in the imaging and optical component industry. Its designs and manufactures color CIS modules, imaging lens arrays, and linear illumination products. The products of the company include a linear light guide, CIS module, linear micro lens array, COB chip on board, and 3-in-1 module. The entity's product application provides document scanning and printing, fax, photocopiers, MFP multifunction printers, banknote counterfeit machines, lottery, electronic whiteboard, large format textile and paper printing and scanning, and other visual inspection.

Pixon Technologies Headlines

No Headlines