BMIT Technologies (MAL:BMIT) EBIT : €7.97 Mil (TTM As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is BMIT Technologies EBIT?

BMIT Technologies's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €3.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €7.97 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BMIT Technologies's annualized ROC % for the quarter that ended in Dec. 2023 was 10.32%. BMIT Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 67.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BMIT Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.18%.

BMIT Technologies EBIT Historical Data

The historical data trend for BMIT Technologies'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.

BMIT Technologies EBIT Chart

BMIT Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

7.31

7.86

8.31

8.54

7.97

BMIT Technologies Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial							3.83	4.34	4.20	4.26	3.70

Competitive Comparison of BMIT Technologies's EBIT

For the Information Technology Services subindustry, BMIT Technologies'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.

BMIT Technologies's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, BMIT Technologies's EV-to-EBIT distribution charts can be found below:

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

BMIT Technologies 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 semi-annually data reported by the company within the most recent 12 months, which was €7.97 Mil.

BMIT Technologies (MAL:BMIT) EBIT Explanation

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

BMIT Technologies'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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	7.468 * ( 1 - 40.39% )	/	( (16.737	+	69.568)	/ 2 )
=	4.4516748	/	43.1525
=	10.32 %

where

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	23.009	-	7.55	-	( 4.342	-	max(0, 8.241	-	6.963	+	4.342	))
=	16.737

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	80.651	-	12.233	-	( 3.752	-	max(0, 17.06	-	15.91	+	3.752	))
=	69.568

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

BMIT Technologies'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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	7.404	/	( ( (10.883 + max(-4.929, 0))	+	(11.082 + max(-4.647, 0)) )	/	2 )
=	7.404	/	( ( 10.883	+	11.082 )	/	2 )
=	7.404	/	10.9825
=	67.42 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.479	+	0.142	+	8.8817841970013E-16)	-	(7.55	+	0	+	0)
=	-4.929

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.117	+	0.147	+	10.209)	-	(12.233	+	0	+	3.887)
=	-4.647

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	7.966	/	128.803
	=	6.18 %

BMIT Technologies EBIT Related Terms

Thank you for viewing the detailed overview of BMIT Technologies's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

BMIT Technologies (MAL:BMIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BMIT Technologies PLC (MAL:BMIT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building SCM 02, Level 2, SmartCity Ricasoli, SCM, Kalkara, MLT, 1001

Website

https://www.bmit.com.mt

BMIT Technologies PLC, through its subsidiaries, is involved in providing data center services, Information and Communication Technologies, Cloud services, and Infrastructure and support services among others. The company serves services to various industries including online gaming, financial services, ICT, manufacturing, media, transportation, retail, and hospitality. The Group's revenues are derived predominantly from operations carried out in Malta. However, it also derives revenue from companies operating out of Malta.

BMIT Technologies (MAL:BMIT) Headlines

No Headlines