GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SED International Holdings Inc (OTCPK:SEDN) » Definitions » EBIT

SED International Holdings (SED International Holdings) EBIT : $-8.1 Mil (TTM As of Jun. 2013)


View and export this data going back to 1986. Start your Free Trial

What is SED International Holdings EBIT?

SED International Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2013 was $-1.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2013 was $-8.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SED International Holdings's annualized ROC % for the quarter that ended in Jun. 2013 was -30.93%. SED International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2013 was -13.71%.

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


SED International Holdings EBIT Historical Data

The historical data trend for SED International Holdings'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.

SED International Holdings EBIT Chart

SED International Holdings Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 2.09 4.86 2.75 -8.17

SED International Holdings Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 -2.02 -1.59 -1.09 -4.08 -1.38

Competitive Comparison of SED International Holdings's EBIT

For the Electronics & Computer Distribution subindustry, SED International Holdings'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.


SED International Holdings's EV-to-EBIT Distribution in the Hardware Industry

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

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



SED International Holdings 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.1 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.


SED International Holdings  (OTCPK:SEDN) EBIT Explanation

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

SED International Holdings's annualized ROC % for the quarter that ended in Jun. 2013 is calculated as:

ROC % (Q: Jun. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2013 ) + Invested Capital (Q: Jun. 2013 ))/ count )
=-12.396 * ( 1 - -0.85% )/( (48.068 + 32.774)/ 2 )
=-12.501366/40.421
=-30.93 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2013) data.

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

SED International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2013 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2013 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2013  Q: Jun. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.528/( ( (3.916 + max(43.976, 0)) + (2.923 + max(29.851, 0)) )/ 2 )
=-5.528/( ( 47.892 + 32.774 )/ 2 )
=-5.528/40.333
=-13.71 %

where Working Capital is:

Working Capital(Q: Mar. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(53.005 + 56.815 + 10.721) - (76.565 + 0 + 1.4210854715202E-14)
=43.976

Working Capital(Q: Jun. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.448 + 40.142 + 9.874) - (65.613 + 0 + -1.4210854715202E-14)
=29.851

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2013) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2013 )
=-8.138/0.000
= %

* 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.


SED International Holdings EBIT Related Terms

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


SED International Holdings (SED International Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3505 Newpoint Place, Suite 450, Lawrenceville, GA, USA, 30043
SED International Holdings Inc is engaged in the wholesale distribution of information technology, technology products and solutions, and consumer electronic products in the United States, Colombia and other markets in Latin America. The company operates primarily in the IT and accessories industry distributes hardware, software, accessories and related services.
Executives
Hagan John Ronald Jr officer: Interim CEO 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Jack H Jacobs director 101 OAKS ROAD, MILLINGTON NJ 07946
Dennis L Chandler director 300 TOWER PARKWAY, LINCOLNSHIRE IL 60069
John D Abouchar director 27271 LAS RAMBLAS, STE. 200 MISSION VIEJO CA 92691
Arthur L Goldberg director C/O MILESTONE SCIENTIFIC INC., 220 SOUTH ORANGE AVENUE, LIVINGSTON NJ 07039
Hummingbird Value Fund Lp other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp other: See Footnotes C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022

SED International Holdings (SED International Holdings) Headlines

From GuruFocus

SED International: Concerns over Margins and Leverage

By Mark Lin Mark Lin 12-18-2012