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Coda Octopus Group (Coda Octopus Group) EBIT : $2.61 Mil (TTM As of Jan. 2024)


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What is Coda Octopus Group EBIT?

Coda Octopus Group's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $0.56 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $2.61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Coda Octopus Group's annualized ROC % for the quarter that ended in Jan. 2024 was 6.95%. Coda Octopus Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 11.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Coda Octopus Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 5.38%.


Coda Octopus Group EBIT Historical Data

The historical data trend for Coda Octopus Group'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.

Coda Octopus Group EBIT Chart

Coda Octopus Group Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.32 3.47 5.27 5.14 3.42

Coda Octopus Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.35 1.03 1.08 -0.05 0.56

Competitive Comparison of Coda Octopus Group's EBIT

For the Aerospace & Defense subindustry, Coda Octopus Group'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.


Coda Octopus Group's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Coda Octopus Group's EV-to-EBIT distribution charts can be found below:

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



Coda Octopus Group 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.61 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.


Coda Octopus Group  (NAS:CODA) EBIT Explanation

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

Coda Octopus Group's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=2.22 * ( 1 - 19.54% )/( (25.174 + 26.209)/ 2 )
=1.786212/25.6915
=6.95 %

where

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

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

Coda Octopus Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.22/( ( (6.873 + max(11.254, 0)) + (6.34 + max(13.452, 0)) )/ 2 )
=2.22/( ( 18.127 + 19.792 )/ 2 )
=2.22/18.9595
=11.71 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.643 + 11.686 + 0.204) - (2.219 + 0.976 + 0.084)
=11.254

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.031 + 12.769 + 0.405) - (1.8 + 0.786 + 0.167)
=13.452

When net working capital is negative, 0 is used.

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

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

Coda Octopus Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=2.614/48.624
=5.38 %

* 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.


Coda Octopus Group EBIT Related Terms

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Coda Octopus Group (Coda Octopus Group) Business Description

Traded in Other Exchanges
N/A
Address
3300 S Hiawassee Road, Suite 104-105, Orlando, FL, USA, 32835
Coda Octopus Group Inc develops underwater technologies and equipment for imaging, mapping defense, and survey applications. It operates in two segments: Marine Technology Business and Marine Engineering Business. The Technology Business develops proprietary solutions for both the commercial and defense subsea market. Its solutions include hardware and software for Geophysical Systems, Motion & Positioning Systems, and Real-Time Volumetric Imaging Sonar. The Engineering Business segment provides engineering services to a range of clients in the defense markets. Its geographical segments are the Americas, Europe, Australia/Asia, and the Middle East/Africa. The majority of revenue is derived from the Marine Technology Business segment.
Executives
Annmarie Gayle director, officer: Chief Executive Officer 6526 COTTONWOOD ST,, MURRAY UT 84107
Niels Soendergaard 10 percent owner 6526 COTTONWOOD ST, MURRAY UT 84107
G Tyler Runnels 10 percent owner 1999 AVENUE OF THE STARS, STE 2030, LOS ANGELES CA 90067
John Steven Emerson 10 percent owner 1522 ENSLEY AVENUE, LOS ANGELES CA 90024
Anthony Jean Tata director 1 WATER CLUB WAY,, PH2104, NORTH PALM BEACH FL 33408
Robert Ronald Harcourt director 3078 BRINE WAY, THE VILLAGES FL 32163
Gayle Michelle Jardine officer: Interim CFO. 12 RAVELRIG GAIT,, BALERNO, EDINBURGH X0 EH14 7NH
Blair Graeme Cunningham officer: Chief Technology Officer 164 WEST 25TH STREET, NEW YORK NY 10001
Nathan William Parker officer: Chief Financial Officer. 14061 S. OLD SADDLE RD, DRAPER UT 84020
Kevin James Kane officer: CEO Coda Octopus Colmek, Inc. 11864 VISTA GLEN CT, SANDY UT 84092
Michael Midgley officer: Acting Chief Financial Officer 6526 COTTONWOOD ST,, MURRAY UT 84107
Michael J. Hamilton director NEWPORT OFFICE CENTER, 111 TOWN SQUARE PLACE, SUITE 1201, JERSEY CITY NJ 07310
Bryan Ezralow 10 percent owner THE EZRALOW CO, LLC, 23622 CALABASAS ROAD, SUITE 200, CALABASAS CA 91302-1549
Mary Losty director 613 LOCUST ST, CAMBRIDGE MD 21613
Joseph Charles Plumb director 3917, FAIRBREEZE CIR, WESTLAKE VLG CA 91361

Coda Octopus Group (Coda Octopus Group) Headlines

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