Utility (TSX:UTC.C) EBIT: C$7.30 Mil (TTM As of Nov. 2017)


What is Utility EBIT?

Utility TSX:UTC.C EBIT is C$7.30 Mil as of Nov. 2017.

Utility's earnings before interest and taxes (EBIT) for the six months ended in Nov. 2017 was C$1.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2017 was C$7.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Utility's annualized ROC % for the quarter that ended in Nov. 2017 was 5.93%. Utility's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2017 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Utility's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2017 was 17.03%.

Utility  (TSX:UTC.C) EBIT Explanation

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

Utility's annualized ROC % for the quarter that ended in Nov. 2017 is calculated as:

ROC % (Q: Nov. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2017 ) + Invested Capital (Q: Nov. 2017 ))/ count )
=2.172 * ( 1 - 0% )/( (8.51 + 64.801)/ 2 )
=2.172/36.6555
=5.93 %

where

Invested Capital(Q: May. 2017 )
=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))
=56.531 - 0.016 - ( 56.374 - max(0, 8.526 - 56.531+56.374))
=8.51

Invested Capital(Q: Nov. 2017 )
=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))
=56.714 - 0.27 - ( 0.285 - max(0, 8.776 - 0.419+0.285))
=64.801

Note: The Operating Income data used here is two times the semi-annual (Nov. 2017) data.

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

Utility's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2017  Q: Nov. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.172/( ( (0 + max(-0.0070000000000014, 0)) + (0 + max(-0.264, 0)) )/ 2 )
=2.172/( ( 0 + 0 )/ 2 )
=2.172/0
= %

where Working Capital is:

Working Capital(Q: May. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.009999999999998) - (0.016 + 0 + 0.00099999999999945)
=-0.0070000000000014

Working Capital(Q: Nov. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.005) - (0.27 + 0 + -0.00099999999999945)
=-0.264

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Nov. 2017) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2017 )
=7.304/42.901
=17.03 %

* 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.

Utility EBIT Related Terms

Utility EBIT Historical Data

* Premium members only.

The historical data trend for Utility'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.

Utility EBIT Chart

Utility Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.93 7.14 2.58 -2.29 9.44

Utility Semi-Annual Data
May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17
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 -7.32 5.03 3.23 6.22 1.09

TSX:UTC.C vs PHCF: EBIT Comparison

For the Asset Management subindustry, Utility'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.

Utility EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Utility's EV-to-EBIT distribution charts can be found below:

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


Utility 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. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$7.30 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 C$7.30 Mil mean?
Utility (TSX:UTC.C) has a EBIT of C$7.30 Mil as of Nov. 2017. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Utility.
Is Utility's EBIT too high?
Utility's current EBIT is C$7.30 Mil.
How does Utility's EBIT compare to PHCF?
Utility's EBIT of C$7.30 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good EBIT depends on the Asset Management 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 Utility. Utility's current EBIT is C$7.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utility stock overvalued right now?
Utility (TSX:UTC.C) has a current EBIT of C$7.30 Mil. The current EBIT is C$7.30 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 Utility (TSX:UTC.C), the current EBIT is C$7.30 Mil as of Nov. 2017. 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.

Utility Business Description

Address 40 King Street West, P.O. Box 4085, Scotia Plaza, 26th Floor, Toronto, ON, CAN, M5W 2X6
Utility Corp is a mutual fund corporation. The company holds a diversified investment portfolio (the Portfolio) of common shares (the Portfolio Shares) of selected Canadian electrical, power and utility and telecommunication companies in order to provide investors (the Shareholders) with a stable monthly dividend stream and capital appreciation potential.