Optare Solutions (XMAD:OPTS) EBIT : € Mil (TTM As of Dec. 2023)

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What is Optare Solutions EBIT?

Optare Solutions's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €1.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Optare Solutions's annualized ROC % for the quarter that ended in Dec. 2023 was 28.24%. Optare Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 57.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Optare Solutions EBIT Historical Data

The historical data trend for Optare Solutions'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.

Optare Solutions EBIT Chart

Optare Solutions Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

1.45

1.24

1.45

Optare Solutions Semi-Annual Data
	Dec21	Dec22	Dec23
EBIT	1.45	1.24	1.45

Competitive Comparison of Optare Solutions's EBIT

For the Telecom Services subindustry, Optare Solutions'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.

Optare Solutions's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Optare Solutions's EV-to-EBIT distribution charts can be found below:

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

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Optare Solutions 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. 2023 was € Mil.

Optare Solutions (XMAD:OPTS) EBIT Explanation

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

Optare Solutions's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	1.736 * ( 1 - 23.69% )	/	( (4.61	+	4.773)	/ 2 )
=	1.3247416	/	4.6915
=	28.24 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	8.223	-	1.103	-	( 2.51	-	max(0, 2.077	-	6.538	+	2.51	))
=	4.61

	Invested Capital		(Q: Dec. 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	))
=	9.057	-	1.495	-	( 2.789	-	max(0, 2.293	-	7.539	+	2.789	))
=	4.773

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

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

Optare Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1.448	/	( ( (1.066 + max(1.306, 0))	+	(0.813 + max(1.85, 0)) )	/	2 )
=	1.448	/	( ( 2.372	+	2.663 )	/	2 )
=	1.448	/	2.5175
=	57.52 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.902	+	0	+	0.038)	-	(1.103	+	0	+	0.531)
=	1.306

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.702	+	0	+	0.036999999999999)	-	(1.495	+	0	+	0.394)
=	1.85

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=		/	24.928
	=	%

Optare Solutions EBIT Related Terms

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Optare Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Optare Solutions SA (XMAD:OPTS) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Parque tecnologico de Vigo Calle C nave C7, Vigo, ESP, 36315

Website

https://www.optaresolutions.com

Optare Solutions SA is an information technology consultancy specializing in providing services to the telecommunications sector. The group operates in Development and Implementation, Consulting and Architecture, and Maintenance and Operation.

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