SVSO (SheerVision) EBIT: $-0.29 Mil (TTM As of May. 2010)


What is SheerVision EBIT?

SheerVision SVSO EBIT is $-0.29 Mil as of May. 2010.

SheerVision's earnings before interest and taxes (EBIT) for the three months ended in May. 2010 was $0.40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2010 was $-0.29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SheerVision's annualized ROC % for the quarter that ended in May. 2010 was 12.92%. SheerVision's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2010 was 1,482.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SheerVision's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2010 was -9,766.67%.

SheerVision  (OTCPK:SVSO) EBIT Explanation

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

SheerVision's annualized ROC % for the quarter that ended in May. 2010 is calculated as:

ROC % (Q: May. 2010 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2010 ) + Invested Capital (Q: May. 2010 ))/ count )
=0.052 * ( 1 - 0% )/( (0.601 + 0.204)/ 2 )
=0.052/0.4025
=12.92 %

where

Invested Capital(Q: Feb. 2010 )
=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))
=0.76 - 1.49 - ( 0 - max(0, 1.978 - 0.647+0))
=0.601

Invested Capital(Q: May. 2010 )
=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))
=0.782 - 1.558 - ( 0 - max(0, 1.658 - 0.678+0))
=0.204

Note: The Operating Income data used here is four times the quarterly (May. 2010) data.

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

SheerVision's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2010 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2010 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2010  Q: May. 2010
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.608/( ( (0.114 + max(-1.24, 0)) + (0.103 + max(-0.887, 0)) )/ 2 )
=1.608/( ( 0.114 + 0.103 )/ 2 )
=1.608/0.1085
=1,482.03 %

where Working Capital is:

Working Capital(Q: Feb. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.172 + 0.35 + 0.125) - (1.49 + 0 + 0.397)
=-1.24

Working Capital(Q: May. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.136 + 0.458 + 0.084) - (1.558 + 0 + 0.0069999999999999)
=-0.887

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2010) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2010 )
=-0.293/0.003
=-9,766.67 %

* 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.

SheerVision EBIT Related Terms

SheerVision EBIT Historical Data

* Premium members only.

The historical data trend for SheerVision'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.

SheerVision EBIT Chart

SheerVision Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Aug06 Aug07 Aug08 Aug09
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -1.26 -0.92 -0.17 -0.16

SheerVision Quarterly Data
Jun05 Sep05 Dec05 Mar06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 -0.06 -0.17 -0.00 -0.52 0.40

SVSO vs LENSF, WHSI, ASNB: EBIT Comparison

For the Medical Instruments & Supplies subindustry, SheerVision'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.

SheerVision EV-to-EBIT vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SheerVision's EV-to-EBIT distribution charts can be found below:

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


SheerVision 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 May. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.29 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 $-0.29 Mil mean?
SheerVision (SVSO) has a EBIT of $-0.29 Mil as of May. 2010. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SheerVision.
Is SheerVision's EBIT too high?
SheerVision's current EBIT is $-0.29 Mil.
How does SheerVision's EBIT compare to LENSF and WHSI?
SheerVision's EBIT of $-0.29 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good EBIT depends on the Medical Devices & Instruments 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 SheerVision. SheerVision's current EBIT is $-0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SheerVision stock overvalued right now?
SheerVision (SVSO) has a current EBIT of $-0.29 Mil. The current EBIT is $-0.29 Mil. 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 SheerVision (SVSO), the current EBIT is $-0.29 Mil as of May. 2010. 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.

SheerVision Business Description

Address 4030 Palos Verdes Drive N., Suite 104, Rolling Hills, CA, USA, 90274
SheerVision Inc designs, manufactures, markets, and sells proprietary surgical loupes and headlight systems to the dental, medical, and veterinary markets throughout the world. The company sells its products through distributors and e-commerce Website.