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Stran (SWAG) EBIT : $-1.15 Mil (TTM As of Dec. 2023)


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What is Stran EBIT?

Stran's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $1.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.15 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Stran's annualized ROC % for the quarter that ended in Dec. 2023 was 7.77%. Stran's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 26.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Stran's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -28.76%.


Stran EBIT Historical Data

The historical data trend for Stran'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.

Stran EBIT Chart

Stran Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
0.67 1.49 -0.44 -1.51 -1.15

Stran Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 -1.39 -1.27 0.43 1.08

Competitive Comparison of Stran's EBIT

For the Advertising Agencies subindustry, Stran'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.


Stran's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stran's EV-to-EBIT distribution charts can be found below:

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



Stran 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 $-1.15 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.


Stran  (NAS:SWAG) EBIT Explanation

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

Stran'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 )
=4.316 * ( 1 - 35.9% )/( (35.246 + 35.926)/ 2 )
=2.766556/35.586
=7.77 %

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:

Stran'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 )
=4.316/( ( (2.758 + max(12.073, 0)) + (2.857 + max(14.492, 0)) )/ 2 )
=4.316/( ( 14.831 + 17.349 )/ 2 )
=4.316/16.09
=26.82 %

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)
=(16.53 + 6.903 + 5.104) - (6.362 + 4.269 + 5.833)
=12.073

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.466 + 6.639 + 3.527) - (7.223 + 5.171 + 3.746)
=14.492

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1.148/3.992
=-28.76 %

* 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.


Stran EBIT Related Terms

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Stran (SWAG) Business Description

Traded in Other Exchanges
Address
2 Heritage Drive, Suite 600, Quincy, MA, USA, 02171
Stran & Co Inc is an outsourced marketing solutions provider, working closely with customers to develop sophisticated marketing programs that leverage promotional products and loyalty incentive expertise. The company purchases products and branding through various third-party manufacturers and decorators and resells the finished goods to customers.
Executives
David M. Leuci officer: Chief Information Officer 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Ashley Marshall director C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Andrew Stranberg director, 10 percent owner, officer: Exec. Chm., Treas. and Sec. C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
John Audibert officer: VP of Growth and SI C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Alan Chippindale director C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Andrew Shape director, 10 percent owner, officer: President and CEO C/O LONG BLOCKCHAIN CORP., 12-1 DUBON COURT, FARMINGDALE NY 11735
David Browner officer: Interim CFO C/O STRAN AND COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Sheila Johnshoy officer: Chief Operating Officer C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Stephen Paradiso officer: Chief of Staff C/O STRAN & COMPANY, INC.,, 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Jason Nolley officer: Chief Technology Officer C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Alejandro Tani director C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Christopher Rollins officer: Chief Financial Officer C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Randolph Birney officer: Executive Vice President C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Travis Mccourt director C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171