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HMS Networks AB (HMS Networks AB) EBIT : $60.5 Mil (TTM As of Mar. 2024)


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What is HMS Networks AB EBIT?

HMS Networks AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $12.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $60.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HMS Networks AB's annualized ROC % for the quarter that ended in Mar. 2024 was 15.47%. HMS Networks AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 61.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HMS Networks AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.91%.


HMS Networks AB EBIT Historical Data

The historical data trend for HMS Networks AB'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.

HMS Networks AB EBIT Chart

HMS Networks AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.99 33.55 49.72 60.66 71.14

HMS Networks AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.14 13.93 20.12 14.11 12.39

Competitive Comparison of HMS Networks AB's EBIT

For the Communication Equipment subindustry, HMS Networks AB'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.


HMS Networks AB's EV-to-EBIT Distribution in the Hardware Industry

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

* The bar in red indicates where HMS Networks AB's EV-to-EBIT falls into.



HMS Networks AB 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $60.5 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.


HMS Networks AB  (OTCPK:HMNKF) EBIT Explanation

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

HMS Networks AB's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=49.56 * ( 1 - 20.3% )/( (247.036 + 263.656)/ 2 )
=39.49932/255.346
=15.47 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

HMS Networks AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=49.56/( ( (32.732 + max(48.458, 0)) + (35.154 + max(45.719, 0)) )/ 2 )
=49.56/( ( 81.19 + 80.873 )/ 2 )
=49.56/81.0315
=61.16 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37.544 + 57.405 + 8.647) - (34.408 + 0 + 20.73)
=48.458

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.408 + 58.686 + -0.096000000000018) - (17.193 + 0 + 27.086)
=45.719

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

HMS Networks AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=60.543/2078.516
=2.91 %

* 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.


HMS Networks AB EBIT Related Terms

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HMS Networks AB (HMS Networks AB) Business Description

Traded in Other Exchanges
Address
Stationsgatan 37, Box 4126, Halmstad, SWE, SE-300 04
HMS Networks AB is a supplier of proprietary, patented technology for intelligent industrial communication. It develops and manufactures solutions for connecting industrial products to networks and gateways, thus enabling interconnection between various networks. The group sells products in various countries including Germany. It generates majority of its revenue from USA, Japan, France, China, Sweden, Italy, and other countries. The brands of the company are Anybus, Ewon, Intesis and Ixxat.

HMS Networks AB (HMS Networks AB) Headlines

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