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Futuris Co (Futuris Co) EBIT : $0.10 Mil (TTM As of Jul. 2020)


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What is Futuris Co EBIT?

Futuris Co's earnings before interest and taxes (EBIT) for the six months ended in Jul. 2020 was $0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2020 was $0.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Futuris Co's annualized ROC % for the quarter that ended in Jul. 2020 was 3.02%. Futuris Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2020 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Futuris Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2020 was 5.04%.

Futuris Co EBIT Historical Data

The historical data trend for Futuris Co'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.

Futuris Co EBIT Chart

Futuris Co Annual Data
Trend Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
EBIT
Get a 7-Day Free Trial -1.74 -1.38 -0.44 -0.01 0.10

Futuris Co Semi-Annual Data
Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
EBIT Get a 7-Day Free Trial -1.74 -1.38 -0.44 -0.01 0.10

Competitive Comparison of Futuris Co's EBIT

For the Staffing & Employment Services subindustry, Futuris Co'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.

Futuris Co's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Futuris Co's EV-to-EBIT distribution charts can be found below:

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


Futuris Co 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. 2020 was $0.10 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.

Futuris Co  (OTCPK:FTRS) EBIT Explanation

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

Futuris Co's annualized ROC % for the quarter that ended in Jul. 2020 is calculated as:

ROC % (Q: Jul. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2004 ) + Invested Capital (Q: Jul. 2020 ))/ count )
=0.102 * ( 1 - 0% )/( (1.379 + 5.378)/ 2 )
=0.102/3.3785
=3.02 %

where

Invested Capital(Q: Mar. 2004 )
=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 - 2.995 - ( 0 - max(0, 4.374 - 0+0))
=1.379

Invested Capital(Q: Jul. 2020 )
=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))
=2.994 - 0.508 - ( 0.179 - max(0, 4.335 - 1.443+0.179))
=5.378

Note: The Operating Income data used here is one times the annual (Jul. 2020) data.

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

Futuris Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2004  Q: Jul. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.102/( ( (0 + max(-2.995, 0)) + (0 + max(-0.693, 0)) )/ 1 )
=0.102/( ( 0 + 0 )/ 1 )
=0.102/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2004 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (2.995 + 0 + -8.8817841970013E-16)
=-2.995

Working Capital(Q: Jul. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.791 + 0 + 0.061) - (0.508 + 0 + 1.037)
=-0.693

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jul. 2020) EBIT data.

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

Futuris Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2020 )
=0.102/2.024
=5.04 %

* 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.

Futuris Co EBIT Related Terms

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Futuris Co (Futuris Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Futuris Co (OTCPK:FTRS) » Definitions » EBIT
Comparable Companies
WAR:HRC NSE:DYNAMIC OSTO:NJOB GXXM BOM:539697 NSE:ACEINTEG XAMS:MORE ASX:HMI LSE:RTC XAMS:DPA
Traded in Other Exchanges
N/A
Address
22 Baltimore Road, Rockville, MD, USA, 20850
Website
https://www.futuris.company
Futuris Co is a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing, and consulting companies that are specialized in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The company is committed to building a staffing company through targeted and accretive acquisitions and operational efficiencies.