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Infrasors Holdings (JSE:IRA) EBIT : R18.2 Mil (TTM As of Feb. 2015)


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What is Infrasors Holdings EBIT?

Infrasors Holdings's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2015 was R5.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2015 was R18.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Infrasors Holdings's annualized ROC % for the quarter that ended in Feb. 2015 was 14.29%. Infrasors Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2015 was 4.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Infrasors Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2015 was 6.74%.

Infrasors Holdings EBIT Historical Data

The historical data trend for Infrasors Holdings'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.

Infrasors Holdings EBIT Chart

Infrasors Holdings Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15
EBIT
Get a 7-Day Free Trial 41.01 36.59 -314.08 9.65 18.17

Infrasors Holdings Semi-Annual Data
Feb08 Feb09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -317.50 4.64 5.01 13.07 5.10

Competitive Comparison of Infrasors Holdings's EBIT

For the Other Industrial Metals & Mining subindustry, Infrasors Holdings'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.

Infrasors Holdings's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Infrasors Holdings's EV-to-EBIT distribution charts can be found below:

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


Infrasors Holdings 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 Feb. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was R18.2 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.

Infrasors Holdings  (JSE:IRA) EBIT Explanation

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

Infrasors Holdings's annualized ROC % for the quarter that ended in Feb. 2015 is calculated as:

ROC % (Q: Feb. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2014 ) + Invested Capital (Q: Feb. 2015 ))/ count )
=11.042 * ( 1 - -252.09% )/( (280.15 + 263.952)/ 2 )
=38.8777778/272.051
=14.29 %

where

Invested Capital(Q: Aug. 2014 )
=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))
=319.806 - 37.905 - ( 1.751 - max(0, 70.974 - 76.823+1.751))
=280.15

Invested Capital(Q: Feb. 2015 )
=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))
=324.13 - 52.773 - ( 14.04 - max(0, 79.552 - 86.957+14.04))
=263.952

Note: The Operating Income data used here is two times the semi-annual (Feb. 2015) data.

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

Infrasors Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2015 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2014  Q: Feb. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.192/( ( (201.432 + max(37.167, 0)) + (203.291 + max(20.144, 0)) )/ 2 )
=10.192/( ( 238.599 + 223.435 )/ 2 )
=10.192/231.017
=4.41 %

where Working Capital is:

Working Capital(Q: Aug. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 18.462 + 56.61) - (37.905 + 0 + 0)
=37.167

Working Capital(Q: Feb. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 12.744 + 60.173) - (52.773 + 0 + 0)
=20.144

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2015) EBIT data.

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

Infrasors Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2015 )
=18.168/269.568
=6.74 %

* 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.

Infrasors Holdings EBIT Related Terms

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