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UMAX (Umax Group) EBIT : $-0.09 Mil (TTM As of Apr. 2018)


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What is Umax Group EBIT?

Umax Group's earnings before interest and taxes (EBIT) for the six months ended in Apr. 2018 was $-0.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2018 was $-0.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Umax Group's annualized ROC % for the quarter that ended in Apr. 2018 was -478.95%. Umax Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2018 was -478.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Umax Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2018 was -3.47%.

Umax Group EBIT Historical Data

The historical data trend for Umax Group'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.

Umax Group EBIT Chart

Umax Group Annual Data
Trend Apr12 Apr13 Apr17 Apr18
EBIT
-0.01 -0.03 -0.10 -0.09

Umax Group Semi-Annual Data
Apr12 Apr13 Apr17 Apr18
EBIT -0.01 -0.03 -0.10 -0.09

Competitive Comparison of Umax Group's EBIT

For the Entertainment subindustry, Umax Group'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.

Umax Group's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Umax Group's EV-to-EBIT distribution charts can be found below:

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


Umax Group 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Apr. 2018 was $-0.09 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.

Umax Group  (OTCPK:UMAX) EBIT Explanation

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

Umax Group's annualized ROC % for the quarter that ended in Apr. 2018 is calculated as:

ROC % (Q: Apr. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2017 ) + Invested Capital (Q: Apr. 2018 ))/ count )
=-0.091 * ( 1 - 0% )/( (0.017 + 0.021)/ 2 )
=-0.091/0.019
=-478.95 %

where

Invested Capital(Q: Apr. 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))
=0.28 - 0 - ( 0.263 - max(0, 0 - 0.278+0.263))
=0.017

Invested Capital(Q: Apr. 2018 )
=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))
=0.021 - 0 - ( 0 - max(0, 0 - 0.015+0))
=0.021

Note: The Operating Income data used here is one times the annual (Apr. 2018) data.

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

Umax Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2017  Q: Apr. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.091/( ( (0.002 + max(0.015, 0)) + (0.006 + max(0.015, 0)) )/ 2 )
=-0.091/( ( 0.017 + 0.021 )/ 2 )
=-0.091/0.019
=-478.95 %

where Working Capital is:

Working Capital(Q: Apr. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.015) - (0 + 0 + 0)
=0.015

Working Capital(Q: Apr. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.015) - (0 + 0 + 0)
=0.015

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Apr. 2018) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2018 )
=-0.091/2.624
=-3.47 %

* 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.

Umax Group EBIT Related Terms

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Umax Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Umax Group Corp (OTCPK:UMAX) » Definitions » EBIT
Comparable Companies
CSSEQ NFLX DIS XAMS:UMG LYV WBD FOXA FWONA WMG XPAR:BOL NWSA ROKU TKO SZSE:300251 XTER:EVD EDR SIRI TSE:9602 PARA LLYVA
Traded in Other Exchanges
N/A
Address
2020 Bay Street, Los Angeles, CA, USA, 90012
Website
https://www.umaxgrpcorp.com
Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.