Nexxchange AG (WBO:IPO) EBIT: €-0.16 Mil (TTM As of Dec. 2014)


What is Nexxchange AG EBIT?

Nexxchange AG WBO:IPO EBIT is €-0.16 Mil as of Dec. 2014. The stock has 3 warning signs investors should review.

Nexxchange AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2014 was €-0.16 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2014 was €-0.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nexxchange AG's annualized ROC % for the quarter that ended in Dec. 2014 was -79.08%. Nexxchange AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2014 was -4,485.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nexxchange AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2014 was 57.09%.

Nexxchange AG  (WBO:IPO) EBIT Explanation

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

Nexxchange AG's annualized ROC % for the quarter that ended in Dec. 2014 is calculated as:

ROC % (Q: Dec. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2013 ) + Invested Capital (Q: Dec. 2014 ))/ count )
=-0.172 * ( 1 - 0% )/( (0.412 + 0.023)/ 2 )
=-0.172/0.2175
=-79.08 %

where

Invested Capital(Q: Dec. 2013 )
=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))
=0.41 - 0.002 - ( 0 - max(0, 0.011 - 0.007+0))
=0.412

Invested Capital(Q: Dec. 2014 )
=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))
=0.296 - 0 - ( 0.275 - max(0, 0.019 - 0.292+0.275))
=0.023

Note: The Operating Income data used here is one times the annual (Dec. 2014) data.

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

Nexxchange AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2013  Q: Dec. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.157/( ( (0.003 + max(-0.004, 0)) + (0.004 + max(-0.002, 0)) )/ 2 )
=-0.157/( ( 0.003 + 0.004 )/ 2 )
=-0.157/0.0035
=-4,485.71 %

where Working Capital is:

Working Capital(Q: Dec. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.007) - (0.002 + 0 + 0.009)
=-0.004

Working Capital(Q: Dec. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.017) - (0 + 0 + 0.019)
=-0.002

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2014) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2014 )
=-0.157/-0.275
=57.09 %

* 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.

Nexxchange AG EBIT Related Terms

Nexxchange AG EBIT Historical Data

* Premium members only.

The historical data trend for Nexxchange AG'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.

Nexxchange AG EBIT Chart

Nexxchange AG Annual Data
Trend Dec11 Dec12 Dec13 Dec14
EBIT
-0.06 0.06 -0.08 -0.16

Nexxchange AG Semi-Annual Data
Dec11 Dec12 Dec13 Dec14
EBIT -0.06 0.06 -0.08 -0.16

Nexxchange AG EBIT Competitor Comparison

For the Asset Management subindustry, Nexxchange AG'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.

Nexxchange AG EV-to-EBIT vs Asset Management Industry

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

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


Nexxchange AG 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 Dec. 2014 was €-0.16 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 €-0.16 Mil mean?
Nexxchange AG (WBO:IPO) has a EBIT of €-0.16 Mil as of Dec. 2014. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nexxchange AG.
Is Nexxchange AG's EBIT too high?
Nexxchange AG's current EBIT is €-0.16 Mil.
How does Nexxchange AG's EBIT compare to competitors?
Nexxchange AG's EBIT of €-0.16 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 Nexxchange AG. Nexxchange AG's current EBIT is €-0.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexxchange AG stock overvalued right now?
Nexxchange AG (WBO:IPO) has a current EBIT of €-0.16 Mil. The current EBIT is €-0.16 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 Nexxchange AG (WBO:IPO), the current EBIT is €-0.16 Mil as of Dec. 2014. 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.

Nexxchange AG Business Description

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Nexxchange AG is an investment service provider. It provides investment advice to potential investors on behalf of small companies that are planning their initial public offering.