Cicor Technologies (XSWX:CICN) EBIT : CHF18.9 Mil (TTM As of Dec. 2023)

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What is Cicor Technologies EBIT?

Cicor Technologies's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was CHF5.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was CHF18.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cicor Technologies's annualized ROC % for the quarter that ended in Dec. 2023 was 1.70%. Cicor Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cicor Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.52%.

Cicor Technologies EBIT Historical Data

The historical data trend for Cicor Technologies'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.

Cicor Technologies EBIT Chart

Cicor Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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12.92

7.25

11.25

10.78

18.90

Cicor Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															1.38	8.07	2.71	13.67	5.23

Competitive Comparison of Cicor Technologies's EBIT

For the Electronic Components subindustry, Cicor Technologies'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.

Cicor Technologies's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cicor Technologies's EV-to-EBIT distribution charts can be found below:

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

Cicor Technologies 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF18.9 Mil.

Cicor Technologies (XSWX:CICN) EBIT Explanation

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

Cicor Technologies'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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	25.66 * ( 1 - 83.18% )	/	( (282.715	+	225.171)	/ 2 )
=	4.316012	/	253.943
=	1.70 %

where

	Invested Capital		(Q: Jun. 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	))
=	404.693	-	57.809	-	( 64.169	-	max(0, 126.267	-	286.407	+	64.169	))
=	282.715

	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	))
=	361.113	-	78.091	-	( 57.851	-	max(0, 114.989	-	251.896	+	57.851	))
=	225.171

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

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

Cicor Technologies'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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	10.45	/	( ( (58.419 + max(87.594, 0))	+	(57.157 + max(88.76, 0)) )	/	2 )
=	10.45	/	( ( 146.013	+	145.917 )	/	2 )
=	10.45	/	145.965
=	7.16 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(65.932	+	147.929	+	0)	-	(57.809	+	0	+	68.458)
=	87.594

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(51.108	+	135.365	+	0.56899999999999)	-	(78.091	+	0	+	20.191)
=	88.76

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	18.898	/	198.410
	=	9.52 %

Cicor Technologies EBIT Related Terms

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Cicor Technologies (XSWX:CICN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cicor Technologies Ltd (XSWX:CICN) » Definitions » EBIT

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CICNz:UK

Address

c/o Cicor Management AG, Gebenloostrasse 15, Bronschhofen, CHE, 9552

Website

https://www.cicor.com

Cicor Technologies Ltd is engaged in the manufacturing of printed circuit boards, high-density interconnect, thin and thick film, radio frequency boards, quick turn prototypes, micro-assembly, packaging, and outsourcing of electronic modules and component groups. The company's products are used by medical technology, automotive, semiconductor, aerospace and defense, telecommunications, and watch industries. The business operates through segments are Electronic Manufacturing Services (EMS), and Advanced Substrates (AS). The Electronic Manufacturing Services segment generates maximum revenue for the company.

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