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Molex, (FRA:MOX) EBIT : €282 Mil (TTM As of Sep. 2013)


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What is Molex, EBIT?

Molex,'s earnings before interest and taxes (EBIT) for the three months ended in Sep. 2013 was €92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2013 was €282 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Molex,'s annualized ROC % for the quarter that ended in Sep. 2013 was 14.62%. Molex,'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2013 was 26.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Molex,'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2013 was 5.59%.


Molex, EBIT Historical Data

The historical data trend for Molex,'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.

Molex, EBIT Chart

Molex, Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -247.18 112.72 298.56 318.38 266.92

Molex, Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 79.72 81.16 46.27 62.87 92.10

Competitive Comparison of Molex,'s EBIT

For the Electronic Components subindustry, Molex,'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.


Molex,'s EV-to-EBIT Distribution in the Hardware Industry

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

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



Molex, 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 Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €282 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.


Molex,  (FRA:MOX) EBIT Explanation

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

Molex,'s annualized ROC % for the quarter that ended in Sep. 2013 is calculated as:

ROC % (Q: Sep. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2013 ) + Invested Capital (Q: Sep. 2013 ))/ count )
=368.38 * ( 1 - 28.97% )/( (1809.964 + 1769.607)/ 2 )
=261.660314/1789.7855
=14.62 %

where

Invested Capital(Q: Jun. 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))
=2718.835 - 361.641 - ( 547.23 - max(0, 499.548 - 1549.264+547.23))
=1809.964

Invested Capital(Q: Sep. 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))
=2757.141 - 481.707 - ( 505.827 - max(0, 513.465 - 1561.603+505.827))
=1769.607

Note: The Operating Income data used here is four times the quarterly (Sep. 2013) data.

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

Molex,'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2013 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2013 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2013  Q: Sep. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=368.38/( ( (844.482 + max(543.633, 0)) + (844.114 + max(574.07, 0)) )/ 2 )
=368.38/( ( 1388.115 + 1418.184 )/ 2 )
=368.38/1403.1495
=26.25 %

where Working Capital is:

Working Capital(Q: Jun. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(533.203 + 403.112 + 65.719) - (361.641 + 0 + 96.76)
=543.633

Working Capital(Q: Sep. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(551.263 + 434.2 + 70.313) - (481.707 + 0 + -0.00099999999997635)
=574.07

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2013) EBIT data.

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

Molex,'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2013 )
=282.404/5051.586
=5.59 %

* 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.


Molex, EBIT Related Terms

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Molex, (FRA:MOX) Business Description

Traded in Other Exchanges
N/A
Address
Molex, Inc. was incorporated in the state of Delaware in 1972 and originated from an enterprise established in 1938. The Company designs, manufactures and sells terminals, connectors, cable assemblies, interconnection systems, sockets, antennas, integrated products and switches. As of June 30, 2013, it operated 41 manufacturing locations in 15 countries. The Company's competitors include Amphenol Corporation, Delphi Automotive PLC, Hirose Electronic Co., Ltd., Hon Hai Precision Industry Co., Ltd., Japan Aviation Electronics Industry, Ltd., Japan Solderless Terminal Ltd. and TE Connectivity Ltd. The principal raw materials that we purchase for the manufacture of our products include plastic resins for molding, metal alloys (primarily copper based) for stamping and gold and palladium salts for use in the plating process.

Molex, (FRA:MOX) Headlines

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