GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Grade Upon Technology Corp (ROCO:6739) » Definitions » EBIT

Grade Upon Technology (ROCO:6739) EBIT : NT$98.7 Mil (TTM As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Grade Upon Technology EBIT?

Grade Upon Technology's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was NT$64.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was NT$98.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Grade Upon Technology's annualized ROC % for the quarter that ended in Jun. 2024 was 42.92%. Grade Upon Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 126.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Grade Upon Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2.44%.


Grade Upon Technology EBIT Historical Data

The historical data trend for Grade Upon Technology'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.

Grade Upon Technology EBIT Chart

Grade Upon Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -28.58 13.36 14.89 37.91 72.19

Grade Upon Technology Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.50 48.41 37.61 34.58 64.17

Competitive Comparison of Grade Upon Technology's EBIT

For the Semiconductors subindustry, Grade Upon Technology'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.


Grade Upon Technology's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Grade Upon Technology's EV-to-EBIT distribution charts can be found below:

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



Grade Upon Technology 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$98.7 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.


Grade Upon Technology  (ROCO:6739) EBIT Explanation

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

Grade Upon Technology'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 )
=98.166 * ( 1 - 22.08% )/( (166.875 + 189.532)/ 2 )
=76.4909472/178.2035
=42.92 %

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))
=485.396 - 57.362 - ( 261.159 - max(0, 95.322 - 373.461+261.159))
=166.875

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))
=585.121 - 117.3 - ( 354.894 - max(0, 188.167 - 466.456+354.894))
=189.532

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:

Grade Upon Technology'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 )
=128.332/( ( (93.39 + max(18.179, 0)) + (90.663 + max(-75.275, 0)) )/ 2 )
=128.332/( ( 111.569 + 90.663 )/ 2 )
=128.332/101.116
=126.92 %

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)
=(46.988 + 60.397 + 4.673) - (57.362 + 0 + 36.517)
=18.179

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47.586 + 59.955 + 3.714) - (117.3 + 0 + 69.23)
=-75.275

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=98.743/4047.819
=2.44 %

* 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.


Grade Upon Technology EBIT Related Terms

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


Grade Upon Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Baotai 6th Road, 1st Floor, Hsinchu County, Zhubei, TWN, 30244
Grade Upon Technology Corp is specializing in R&D and design for industrial process equipment and monitoring equipment as the core technology of its IC Design. Its products include IoT fast platform, LG16 / LG216 Liquid flow sensor / Flowmeter, SLQ-HC60 flow meter, ASL-1600 Liquid Flow Meter, MSD online system among others.

Grade Upon Technology Headlines

No Headlines