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Valuetronics Holdings (SGX:BN2) EBIT : S$27.4 Mil (TTM As of Sep. 2023)


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What is Valuetronics Holdings EBIT?

Valuetronics Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was S$15.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was S$27.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Valuetronics Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was 22.86%. Valuetronics Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 61.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Valuetronics Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 49.16%.


Valuetronics Holdings EBIT Historical Data

The historical data trend for Valuetronics 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.

Valuetronics Holdings EBIT Chart

Valuetronics Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.76 35.95 36.19 21.94 22.70

Valuetronics Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 11.09 10.82 11.79 11.53 15.92

Competitive Comparison of Valuetronics Holdings's EBIT

For the Electronic Components subindustry, Valuetronics 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.


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

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

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



Valuetronics 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$27.4 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.


Valuetronics Holdings  (SGX:BN2) EBIT Explanation

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

Valuetronics Holdings's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=21.788 * ( 1 - 9.88% )/( (105.082 + 66.694)/ 2 )
=19.6353456/85.888
=22.86 %

where

Invested Capital(Q: Mar. 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))
=354.549 - 79.816 - ( 172.489 - max(0, 121.849 - 291.5+172.489))
=105.082

Invested Capital(Q: Sep. 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))
=367.292 - 123.997 - ( 199.136 - max(0, 129.087 - 305.688+199.136))
=66.694

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Valuetronics Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=31.834/( ( (50.346 + max(-4.0080000000001, 0)) + (53.553 + max(-24.331, 0)) )/ 2 )
=31.834/( ( 50.346 + 53.553 )/ 2 )
=31.834/51.9495
=61.28 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(79.215 + 34.778 + 3.848) - (79.816 + 0 + 42.033)
=-4.0080000000001

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(67.063 + 32.666 + 5.027) - (123.997 + 0 + 5.09)
=-24.331

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=27.445/55.832
=49.16 %

* 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.


Valuetronics Holdings EBIT Related Terms

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Valuetronics Holdings (SGX:BN2) Business Description

Traded in Other Exchanges
Address
No. 18 On Lai Street, Unit 9-11, 7th Floor, Technology Park, New Territories, Shatin, Hong Kong, HKG
Valuetronics Holdings Ltd is an integrated electronics manufacturing services provider. The company specializes in original equipment manufacturing services as well as original design manufacturing services. It offers a broad combination of design, engineering, manufacturing, and supply chain support services for electronic and electro-mechanical products. It has two reportable segments - Consumer Electronics, and Industrial and Commercial Electronics covering smart lighting products, temperature sensing devices, communication products, automotive products and medical equipments. The majority of its revenue is derived from Industrial and Commercial Electronics segment. It has operational footprints across the United States of America, Hong Kong, Poland, Canada and other countries.

Valuetronics Holdings (SGX:BN2) Headlines

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