SEAC (SeaChange International) EBIT: $0.38 Mil (TTM As of Apr. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SEAC SeaChange International Inc SEAC
12 GF Score
Price $3.10
View Full Analysis

What is SeaChange International EBIT?

SeaChange International SEAC 12 EBIT is $0.38 Mil as of Apr. 2023. GuruFocus rates SEAC with a GF Score™ of 12/100.

SeaChange International's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2023 was $-0.66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2023 was $0.38 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SeaChange International's annualized ROC % for the quarter that ended in Apr. 2023 was -11.14%. SeaChange International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2023 was -62.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SeaChange International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2023 was 37.31%.

SeaChange International  (OTCPK:SEAC) EBIT Explanation

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

SeaChange International's annualized ROC % for the quarter that ended in Apr. 2023 is calculated as:

ROC % (Q: Apr. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2023 ) + Invested Capital (Q: Apr. 2023 ))/ count )
=-2.656 * ( 1 - 0% )/( (24.962 + 22.717)/ 2 )
=-2.656/23.8395
=-11.14 %

where

Invested Capital(Q: Jan. 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))
=42.659 - 3.038 - ( 14.659 - max(0, 10.526 - 35.112+14.659))
=24.962

Invested Capital(Q: Apr. 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))
=40.708 - 2.792 - ( 15.199 - max(0, 9.291 - 33.749+15.199))
=22.717

Note: The Operating Income data used here is four times the quarterly (Apr. 2023) data.

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

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

ROC (Joel Greenblatt) %(Q: Apr. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2023  Q: Apr. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.656/( ( (2.073 + max(2.883, 0)) + (1.885 + max(1.631, 0)) )/ 2 )
=-2.656/( ( 4.956 + 3.516 )/ 2 )
=-2.656/4.236
=-62.70 %

where Working Capital is:

Working Capital(Q: Jan. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.382 + 0 + 2.314) - (3.038 + 5.172 + 1.603)
=2.883

Working Capital(Q: Apr. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.362 + 0 + 2.834) - (2.792 + 5.087 + 0.686)
=1.631

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2023 )
=0.375/1.005
=37.31 %

* 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.

SeaChange International EBIT Related Terms

SeaChange International EBIT Historical Data

* Premium members only.

The historical data trend for SeaChange 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.

SeaChange International EBIT Chart

SeaChange International Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.41 0.06 -20.04 -7.20 -0.72

SeaChange International Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 -1.76 -0.24 -0.03 1.31 -0.66

SEAC vs MTBL, DSNY, LKCO: EBIT Comparison

For the Software - Application subindustry, SeaChange 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.

SeaChange International EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, SeaChange International's EV-to-EBIT distribution charts can be found below:

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


SEAC
12GF Score
SeaChange International Inc SEAC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SeaChange 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.

EBIT for the trailing twelve months (TTM) ended in Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.38 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 $0.38 Mil mean?
SeaChange International (SEAC) has a EBIT of $0.38 Mil as of Apr. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SeaChange International.
Is SeaChange International's EBIT too high?
SeaChange International's current EBIT is $0.38 Mil. Overall, SeaChange International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SeaChange International's EBIT compare to MTBL and DSNY?
SeaChange International's EBIT of $0.38 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 SeaChange International. SeaChange International's current EBIT is $0.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SeaChange International stock overvalued right now?
SeaChange International (SEAC) has a current EBIT of $0.38 Mil. The current EBIT is $0.38 Mil. SeaChange International's overall GF Score™ is 12/100. 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 SeaChange International (SEAC), the current EBIT is $0.38 Mil as of Apr. 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.

SeaChange International Business Description

Address 177 Huntington Avenue, Suite 1703, PMB 73480, Boston, MA, USA, 02115
SeaChange International Inc is a provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services development. Its software products and services facilitate the aggregation, licensing, management and distribution of video and advertising content for service providers, telecommunications companies, satellite operators, broadcasters and other content providers. It sells software products and services globally, to service providers including: operators; telecommunications companies; satellite operators; and broadcasters.
12GF Score

Get the complete analysis for SEAC

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.10
Price