Manuka (Manuka) EBIT : $ Mil (TTM As of Sep. 2023)

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What is Manuka EBIT?

Manuka's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.15 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Manuka's annualized ROC % for the quarter that ended in Sep. 2023 was -168.36%. Manuka's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -1,102.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Manuka EBIT Historical Data

The historical data trend for Manuka'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.

Manuka EBIT Chart

Manuka Annual Data

Trend

EBIT

Manuka Quarterly Data
	Jun22	Sep22	Jun23	Sep23
EBIT	-0.22	-0.45	-0.27	-0.15

Competitive Comparison of Manuka's EBIT

For the Household & Personal Products subindustry, Manuka'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.

Manuka's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Manuka's EV-to-EBIT distribution charts can be found below:

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

Manuka 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $ Mil.

Manuka (OTCPK:MNKA) EBIT Explanation

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

Manuka's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-0.612 * ( 1 - 0% )	/	( (0.396	+	0.331)	/ 2 )
=	-0.612	/	0.3635
=	-168.36 %

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	))
=	0.225	-	0.964	-	( 0.001	-	max(0, 1.256	-	0.121	+	0.001	))
=	0.396

	Invested Capital		(Q: Sep. 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	))
=	0.2	-	0.98	-	( 0.001	-	max(0, 1.239	-	0.128	+	0.001	))
=	0.331

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

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

Manuka's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.612	/	( ( (0.071 + max(-0.866, 0))	+	(0.04 + max(-0.861, 0)) )	/	2 )
=	-0.612	/	( ( 0.071	+	0.04 )	/	2 )
=	-0.612	/	0.0555
=	-1,102.70 %

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)
=	(0.022	+	0.076	+	0)	-	(0.964	+	0	+	0)
=	-0.866

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.015	+	0.104	+	0)	-	(0.98	+	0	+	2.2204460492503E-16)
=	-0.861

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=		/	3.937
	=	%

Manuka EBIT Related Terms

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Manuka (Manuka) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Manuka Inc (OTCPK:MNKA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Eliezer Vardinon Street, Petach Tikva, ISR, 4959507

Website

https://www.bmanuka.co.il

Manuka Inc is a beauty company that develops and distributes premium-quality skincare products, that are based on M?nuka honey and bee venom. Its skincare products are manufactured in Israel by its vendor, Chic with M?nuka honey ingredients. The company imports Manuka honey from its supplier in New Zealand, Waitemata Honey pursuant to the Supply Agreement. Currently, it operates only in Israel through the online platform. Its website and mobile applications currently offer six cosmetic skincare products: Face Serum with Manuka Honey and Bee Venom; Face Serum with enhanced Vitamin C; Day Cream; Night nourishing Cream; Eye Cream; and Face Cleanser Gel.

Executives

David Dana	officer: Chief Financial Officer	3 ELIEZER VARDINON ST., PETACH TIKVA L3 4959507
Shimon Citron	director, officer: Chief Executive Officer
Brian M Culley	officer: Chief Executive Officer	6725 MESA RIDGE ROAD, SUITE 100, SAN DIEGO CA 92121
Peter N. Payne	officer: Chief Executive Officer	C/O NEW YORK GLOBAL INNOVATIONS INC., 18 E. 16TH STREET, SUITE 307, NEW YORK NY 10003
Dana Wolf	officer: Chief Scientific Officer	18 EAST 16TH STREET, SUITE 307, NEW YORK NY 10003
Tonak Ltd.	10 percent owner	18 EAST 16TH STREET, SUITE 307, NEW YORK NY 10003
Israel Alfassi	director	18 EAST 16TH STREET, SUITE 307, NEW YORK NY 10003
Chanan Morris	officer: Chief Financial Officer	30 HAKTORET STREET, EFRAT L3 90435
Arias Roberto Alonso Jimenez	director	C/O NEW YORK GLOBAL INNOVATIONS INC., 18 EAST 16TH ST., SUITE 307, NEW YORK NY 10003
Tomer Assis	officer: Chief Financial Officer	C/O INKSURE TECHNOLOGIES INC., 18 EAST 16TH ST., SUITE 307, NEW YORK NY 10003
David W Sass	director, officer: Secretary	260 MADISON AVE 18TH FLR, NEW YORK NY 10016
David Avner	officer: CHIEF FINANCIAL OFFICER	1 HAMADA ST, REHOVOT L3 76703
Jonathan Bettsak	director	C/O INKSURE LTD 1 HAMADA ST., THE RABIN SCIENCE PARK, REHOVOT L3 76703
Tal Gilat	officer: President and CEO	C/O INKSURE, 1 HAMADA ST., REHOVOT L3 76703
Alon Raich	director	C/O ICTS INTERNATIONAL, N.V., BIESBOSCH 225, 1181 JC AMSTELVEEN P7 0000000000

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