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BGSF (BGSF) EBIT : $14.0 Mil (TTM As of Mar. 2024)


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What is BGSF EBIT?

BGSF's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $0.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $14.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BGSF's annualized ROC % for the quarter that ended in Mar. 2024 was 2.39%. BGSF's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BGSF's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.42%.


BGSF EBIT Historical Data

The historical data trend for BGSF'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.

BGSF EBIT Chart

BGSF 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 14.34 -1.23 14.53 16.28 -7.19

BGSF 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 -20.73 5.05 5.27 3.23 0.42

Competitive Comparison of BGSF's EBIT

For the Staffing & Employment Services subindustry, BGSF'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.


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

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

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



BGSF 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 $14.0 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.


BGSF  (NYSE:BGSF) EBIT Explanation

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

BGSF'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 )
=4.16 * ( 1 - 3.41% )/( (180.944 + 154.854)/ 2 )
=4.018144/167.899
=2.39 %

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:

BGSF'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 )
=1.66/( ( (6.652 + max(40.27, 0)) + (6.184 + max(35.485, 0)) )/ 2 )
=1.66/( ( 46.922 + 41.669 )/ 2 )
=1.66/44.2955
=3.75 %

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)
=(56.776 + 0 + 3.419) - (15.717 + 0 + 4.208)
=40.27

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.418 + 0 + 2.944) - (15.648 + 0 + 4.229)
=35.485

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=13.959/133.942
=10.42 %

* 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.


BGSF EBIT Related Terms

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BGSF (BGSF) Business Description

Traded in Other Exchanges
Address
5850 Granite Parkway, Suite 730, Plano, TX, USA, 75024
BGSF Inc is engaged in providing temporary staffing services. The company has expertise in Real Estate, Professional, and Light Industrial sectors. The majority of its revenue comes from the Professional segment that provides skilled field talent on a nationwide basis for information technology & finance, accounting, legal and human resource client partner projects on a national basis. The services offered by the company include Staffing and Recruiting, Executive Search, Project & Consulting, and Onsite Management.
Executives
Douglas Hailey director 861 MAGGIES WAY, WATERBURY CENTER VT 05677
Donna Carroll director 5850 GRANITE PARKWAY #730, PLANO TX 75024
John R Barnett officer: CFO and Secretary 111 CONGRESSIONAL BLVD, STE 500, CARMEL IN 46032
Allen C. David Jr director 805 HUNTINGTON COURT, SOUTHLAKE TX 76092
Baum Richard L Jr director 10 KINZEL LANE, WEST ORANGE NJ 07052
Paul Seid director 22 WOODHAVEN DRIVE, NEW CITY NY 10956
Cynthia Marshall director 5850 GRANITE PARKWAY STE 730, PLANO TX 75024
Dan Hollenbach officer: CFO and Secretary C/O BG STAFFING, INC., 5850 GRANITE PARKWAY, SUITE 730, PLANO TX 75024
Beth Garvey officer: Chief Operating Officer 4528 DAFFODIL TRAIL, PLANO TX 75093
Baker L. Allen Jr. director, officer: President and CEO 7338 MAY HALL DRIVE, FRISCO TX 75034
Robert G Weinrich officer: interim CFO and Secretary 158 NATCHES TRACE, COPPELL TX 75019
Michael A Rutledge officer: CFO and Secretary 5000 LEGACY DR, SUITE 350, PLANO TX 75024