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SofTech (SofTech) EBIT : $2.01 Mil (TTM As of Nov. 2016)


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What is SofTech EBIT?

SofTech's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2016 was $2.59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2016 was $2.01 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SofTech's annualized ROC % for the quarter that ended in Nov. 2016 was -26.12%. SofTech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2016 was 17,875.86%.

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


SofTech EBIT Historical Data

The historical data trend for SofTech'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.

SofTech EBIT Chart

SofTech Annual Data
Trend May06 May07 May08 May09 May11 May12 May13 May14 May15 May16
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.72 -0.50 -1.15 -0.58

SofTech Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 0.01 -0.28 -0.14 -0.16 2.59

Competitive Comparison of SofTech's EBIT

For the Software - Application subindustry, SofTech'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.


SofTech's EV-to-EBIT Distribution in the Software Industry

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

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



SofTech 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 Nov. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.01 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.


SofTech  (OTCPK:SOFT) EBIT Explanation

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

SofTech's annualized ROC % for the quarter that ended in Nov. 2016 is calculated as:

ROC % (Q: Nov. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2016 ) + Invested Capital (Q: Nov. 2016 ))/ count )
=-0.848 * ( 1 - 0% )/( (4.796 + 1.697)/ 2 )
=-0.848/3.2465
=-26.12 %

where

Note: The Operating Income data used here is four times the quarterly (Nov. 2016) data.

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

SofTech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2016  Q: Nov. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.368/( ( (0.063 + max(-1.182, 0)) + (0.053 + max(-0.324, 0)) )/ 2 )
=10.368/( ( 0.063 + 0.053 )/ 2 )
=10.368/0.058
=17,875.86 %

where Working Capital is:

Working Capital(Q: Aug. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.637 + 0 + 0.203) - (0.7 + 1.322 + -4.4408920985006E-16)
=-1.182

Working Capital(Q: Nov. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.368 + 0 + 0.321) - (0.886 + 0.127 + 0)
=-0.324

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Nov. 2016) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2016 )
=2.013/0.000
= %

* 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.


SofTech EBIT Related Terms

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SofTech (SofTech) Business Description

Traded in Other Exchanges
N/A
Address
650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854
SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper director

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