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Micro Focus International (STU:M7Q7) EBIT : €-73 Mil (TTM As of Apr. 2022)


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What is Micro Focus International EBIT?

Micro Focus International's earnings before interest and taxes (EBIT) for the six months ended in Apr. 2022 was €90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2022 was €-73 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Micro Focus International's annualized ROC % for the quarter that ended in Apr. 2022 was 0.50%. Micro Focus International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2022 was 95.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Micro Focus International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2022 was -1.37%.


Micro Focus International EBIT Historical Data

The historical data trend for Micro Focus 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.

* Premium members only.

Micro Focus International EBIT Chart

Micro Focus International Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Oct19 Oct20 Oct21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 205.46 199.10 176.91 -2,336.91 -295.41

Micro Focus International Semi-Annual Data
Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22
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 -832.69 -1,567.57 -128.83 -162.57 89.73

Competitive Comparison of Micro Focus International's EBIT

For the Software - Infrastructure subindustry, Micro Focus 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.


Micro Focus International's EV-to-EBIT Distribution in the Software Industry

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

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



Micro Focus 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-73 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.


Micro Focus International  (STU:M7Q7) EBIT Explanation

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

Micro Focus International's annualized ROC % for the quarter that ended in Apr. 2022 is calculated as:

ROC % (Q: Apr. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2021 ) + Invested Capital (Q: Apr. 2022 ))/ count )
=65.376 * ( 1 - 34.97% )/( (8665.255 + 8273.44)/ 2 )
=42.5140128/8469.3475
=0.50 %

where

Invested Capital(Q: Oct. 2021 )
=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))
=8918.769 - 213.69 - ( 481.341 - max(0, 1604.096 - 1643.92+481.341))
=8665.255

Invested Capital(Q: Apr. 2022 )
=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))
=8501.328 - 437.442 - ( 535.876 - max(0, 1404.742 - 1195.188+535.876))
=8273.44

Note: The Operating Income data used here is two times the semi-annual (Apr. 2022) data.

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

Micro Focus International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2021  Q: Apr. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=179.458/( ( (197.053 + max(-460.653, 0)) + (180.2 + max(-664.683, 0)) )/ 2 )
=179.458/( ( 197.053 + 180.2 )/ 2 )
=179.458/188.6265
=95.14 %

where Working Capital is:

Working Capital(Q: Oct. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(624.778 + 0 + 433.155) - (213.69 + 0 + 1304.896)
=-460.653

Working Capital(Q: Apr. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(599.678 + 0 + 59.634) - (437.442 + 0 + 886.553)
=-664.683

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Apr. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2022 )
=-72.844/5336.159
=-1.37 %

* 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.


Micro Focus International EBIT Related Terms

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Micro Focus International (STU:M7Q7) Business Description

Traded in Other Exchanges
N/A
Address
22-30 Old Bath Road, The Lawn, Newbury, Berkshire, GBR, RG14 1QN
Micro Focus International is an enterprise software company supporting the technology needs and challenges. Its solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Its product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management and Governance and Application Modernization and Connectivity.

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