WEBC (Webco Industries) EBIT: $38.9 Mil (TTM As of Jul. 2023)


WEBC Webco Industries Inc WEBC
12 GF Score
Price $310.00
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What is Webco Industries EBIT?

Webco Industries WEBC -0.48% 12 EBIT is $38.9 Mil as of Jul. 2023. GuruFocus rates WEBC with a GF Score™ of 12/100.

Webco Industries's earnings before interest and taxes (EBIT) for the six months ended in Jul. 2023 was $38.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2023 was $38.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Webco Industries's annualized ROC % for the quarter that ended in Jul. 2023 was 8.36%. Webco Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2023 was 11.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Webco Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2023 was 12.06%.

Webco Industries  (OTCPK:WEBC) EBIT Explanation

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

Webco Industries's annualized ROC % for the quarter that ended in Jul. 2023 is calculated as:

ROC % (Q: Jul. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2018 ) + Invested Capital (Q: Jul. 2023 ))/ count )
=38.907 * ( 1 - 18.81% )/( (362.347 + 393.301)/ 2 )
=31.5885933/377.824
=8.36 %

where

Invested Capital(Q: Jul. 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))
=369.488 - 0 - ( 7.141 - max(0, 157.116 - 261.672+7.141))
=362.347

Invested Capital(Q: Jul. 2023 )
=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))
=483.676 - 68.309 - ( 22.066 - max(0, 142.055 - 301.148+22.066))
=393.301

Note: The Operating Income data used here is one times the annual (Jul. 2023) data.

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

Webco Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2018  Q: Jul. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=38.907/( ( (104.211 + max(207.881, 0)) + (169.122 + max(210.773, 0)) )/ 2 )
=38.907/( ( 312.092 + 379.895 )/ 2 )
=38.907/345.9935
=11.25 %

where Working Capital is:

Working Capital(Q: Jul. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(76.483 + 170.892 + 7.156) - (0 + 0 + 46.65)
=207.881

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(68.478 + 207.976 + 2.628) - (68.309 + 0 + 0)
=210.773

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jul. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2023 )
=38.907/322.562
=12.06 %

* 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.

Webco Industries EBIT Related Terms

Webco Industries EBIT Historical Data

* Premium members only.

The historical data trend for Webco Industries'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.

Webco Industries EBIT Chart

Webco Industries Annual Data
Trend Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 -1.81 10.37 28.70 38.91

Webco Industries Semi-Annual Data
Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
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 3.64 -1.81 10.37 28.70 38.91

WEBC vs ACNT, FRD, LUD: EBIT Comparison

For the Steel subindustry, Webco Industries'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.

Webco Industries EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Webco Industries's EV-to-EBIT distribution charts can be found below:

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


WEBC
12GF Score
Webco Industries Inc WEBC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Webco Industries 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 Jul. 2023 was $38.9 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 $38.9 Mil mean?
Webco Industries (WEBC) has a EBIT of $38.9 Mil as of Jul. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Webco Industries.
Is Webco Industries' EBIT too high?
Webco Industries' current EBIT is $38.9 Mil. Overall, Webco Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Webco Industries' EBIT compare to ACNT and FRD?
Webco Industries' EBIT of $38.9 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Webco Industries. Webco Industries's current EBIT is $38.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webco Industries stock overvalued right now?
Webco Industries (WEBC) has a current EBIT of $38.9 Mil. The current EBIT is $38.9 Mil. Webco Industries' overall GF Score™ is 12/100. 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 Webco Industries (WEBC), the current EBIT is $38.9 Mil as of Jul. 2023. 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.

Webco Industries Business Description

Address 9101 West 21st Street, P.O. Box 100, Sand Springs, OK, USA, 74063
Webco Industries Inc is a specialty manufacturer and seller of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products includes Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.
12GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$310.00
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