SPIEF (SPI Energy Co) EBIT: $-19.8 Mil (TTM As of Sep. 2023)


SPIEF SPI Energy Co Ltd SPIEF
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What is SPI Energy Co EBIT?

SPI Energy Co SPIEF 12 EBIT is $-19.8 Mil as of Sep. 2023. GuruFocus rates SPIEF with a GF Score™ of 12/100.

SPI Energy Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $3.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-19.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SPI Energy Co's annualized ROC % for the quarter that ended in Sep. 2023 was 1.02%. SPI Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 23.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SPI Energy Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -152,361.54%.

SPI Energy Co  (OTCPK:SPIEF) EBIT Explanation

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

SPI Energy Co'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: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=3.844 * ( 1 - 43.39% )/( (216.453 + 209.223)/ 2 )
=2.1760884/212.838
=1.02 %

where

Invested Capital(Q: Jun. 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))
=230.539 - 130.769 - ( 4.516 - max(0, 198.82 - 82.137+4.516))
=216.453

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))
=230.192 - 135.637 - ( 5.527 - max(0, 195.658 - 80.99+5.527))
=209.223

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

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

SPI Energy Co'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: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12.308/( ( (54.678 + max(-67.716, 0)) + (48.515 + max(-71.139, 0)) )/ 2 )
=12.308/( ( 54.678 + 48.515 )/ 2 )
=12.308/51.5965
=23.85 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.553 + 35.288 + 16.904) - (130.769 + 8.554 + 5.138)
=-67.716

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.194 + 34.139 + 16.44) - (135.637 + 5.635 + 4.64)
=-71.139

When net working capital is negative, 0 is used.

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

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

SPI Energy Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-19.807/0.013
=-152,361.54 %

* 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.

SPI Energy Co EBIT Related Terms

SPI Energy Co EBIT Historical Data

* Premium members only.

The historical data trend for SPI Energy Co'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.

SPI Energy Co EBIT Chart

SPI Energy Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 -11.29 -2.02 -38.24 -24.54

SPI Energy Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -7.58 -15.93 -7.38 0.42 3.08

SPIEF vs ISUN, SUNW, PEGY: EBIT Comparison

For the Solar subindustry, SPI Energy Co'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.

SPI Energy Co EV-to-EBIT vs Semiconductors Industry

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

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


SPIEF
12GF Score
SPI Energy Co Ltd SPIEF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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SPI Energy Co 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 quarterly data reported by the company within the most recent 12 months, which was $-19.8 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 $-19.8 Mil mean?
SPI Energy Co (SPIEF) has a EBIT of $-19.8 Mil as of Sep. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SPI Energy Co.
Is SPI Energy Co's EBIT too high?
SPI Energy Co's current EBIT is $-19.8 Mil. Overall, SPI Energy Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SPI Energy Co's EBIT compare to ISUN and SUNW?
SPI Energy Co's EBIT of $-19.8 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good EBIT depends on the Semiconductors 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 SPI Energy Co. SPI Energy Co's current EBIT is $-19.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPI Energy Co stock overvalued right now?
SPI Energy Co (SPIEF) has a current EBIT of $-19.8 Mil. The current EBIT is $-19.8 Mil. SPI Energy Co'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 SPI Energy Co (SPIEF), the current EBIT is $-19.8 Mil as of Sep. 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.

SPI Energy Co Business Description

Address 4803 Urbani Ave, Mc Clellan Park, CA, USA, 95652
SPI Energy Co Ltd is a renewable energy company and provider of solar storage and electric vehicle (EV) solutions. The company has three core divisions: SolarJuice residential solar, the commercial solar division comprised of SPI Solar and Orange Power, and the Edisonfuture/Phoenix Motor EV division. Geographically, it has a presence in North America, Australia, Asia and Europe.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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