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ENDI (ENDI) EBIT : $1.72 Mil (TTM As of Dec. 2023)


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What is ENDI EBIT?

ENDI's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $0.99 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ENDI's annualized ROC % for the quarter that ended in Dec. 2023 was 37.25%. ENDI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6,947.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ENDI's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.78%.


ENDI EBIT Historical Data

The historical data trend for ENDI'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.

ENDI EBIT Chart

ENDI Annual Data
Trend Dec21 Dec22 Dec23
EBIT
1.50 1.11 1.72

ENDI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.20 -0.28 0.45 0.57 0.99

Competitive Comparison of ENDI's EBIT

For the Asset Management subindustry, ENDI'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.


ENDI's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ENDI's EV-to-EBIT distribution charts can be found below:

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



ENDI 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 quarterly data reported by the company within the most recent 12 months, which was $1.72 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.


ENDI  (OTCPK:ENDI) EBIT Explanation

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

ENDI'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=3.96 * ( 1 - 14.63% )/( (9.697 + 8.454)/ 2 )
=3.380652/9.0755
=37.25 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

ENDI'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.96/( ( (0 + max(-1.31, 0)) + (0.107 + max(0.0069999999999988, 0)) )/ 2 )
=3.96/( ( 0 + 0.114 )/ 2 )
=3.96/0.056999999999999
=6,947.37 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.955 + 0 + 0.242) - (0.246 + 0.164 + 2.097)
=-1.31

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.064 + 0 + 0.188) - (0.365 + 0.147 + 0.733)
=0.0069999999999988

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1.721/29.781
=5.78 %

* 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.


ENDI EBIT Related Terms

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ENDI (ENDI) Business Description

Traded in Other Exchanges
N/A
Address
2400 Old Brick Road, Suite 115, Glen Allen, VA, USA, 23060
ENDI Corp is primarily focused on financial products and services and owns the following companies: CrossingBridge Advisors--an asset management firm managing mutual funds and an ETF, focused on investment grade, high yield, opportunistic corporate credit; Willow Oak Asset Management--provides outsourced operational, business development and marketing support to boutique asset management firms; eBuild Ventures--seeks to invest in growing, but undermanaged consumer-focused companies and data aggregation services; and Sitestar.net--offers consumer and business-grade internet access and web hosting services in the US and Canada.
Executives
Thomas A Mcdonnell director C/O KANSAS CITY SOUTHERN, 427 W 12TH STREET, KANSAS CITY MO 64105
Mahendra R Gupta director WASHINGTON UNIVERSITY CAMPUS BOX 1133, ONE BROOKINGS DRIVE, ST. LOUIS MO 63130-4899
Alea Ann Kleinhammer officer: Chief Financial Officer 1706 CARTER STREET, RICHMOND VA 23220
David K. Sherman director, 10 percent owner, officer: Chief Executive Officer 1806 SUMMIT AVE, STE 300, RICHMOND VA 23230
Jessica L. Greer officer: Secretary 1806 SUMMIT AVE, STE 300, RICHMOND VA 23230
Steven L Kiel director, 10 percent owner 15 EAST 67TH STREET, 6TH FLOOR, NEW YORK NY 10065
Robert A Davidow 10 percent owner 2020 S. CENTRAL AVENUE, COMPTON CA 90220
Cohanzick Management, Llc 10 percent owner 427 BEDFORD ROAD, SUITE 230, PLEASANTVILLE NY 10570
Abigail Posner director C/O ENDI CORP. 2400 OLD BRICK ROAD, STE 115, GLEN ALLEN VA 23060
David K. Sherman 1997 Family Trust 10 percent owner 1806 SUMMIT AVE, STE 300, RICHMOND VA 23230