Abu Dhabi Ports Co PJSC (ADX:ADPORTS) EBIT : د.إ2,012 Mil (TTM As of Mar. 2024)

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What is Abu Dhabi Ports Co PJSC EBIT?

Abu Dhabi Ports Co PJSC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was د.إ669 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was د.إ2,012 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Abu Dhabi Ports Co PJSC's annualized ROC % for the quarter that ended in Mar. 2024 was 3.81%. Abu Dhabi Ports Co PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Abu Dhabi Ports Co PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.81%.

Abu Dhabi Ports Co PJSC EBIT Historical Data

The historical data trend for Abu Dhabi Ports Co PJSC'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.

Abu Dhabi Ports Co PJSC EBIT Chart

Abu Dhabi Ports Co PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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788.84

697.85

1,170.02

1,416.43

1,828.06

Abu Dhabi Ports Co PJSC Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial											484.79	451.68	663.41	228.18	668.86

Competitive Comparison of Abu Dhabi Ports Co PJSC's EBIT

For the Marine Shipping subindustry, Abu Dhabi Ports Co PJSC'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.

Abu Dhabi Ports Co PJSC's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Abu Dhabi Ports Co PJSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Ports Co PJSC's EV-to-EBIT falls into.

Abu Dhabi Ports Co PJSC 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 د.إ2,012 Mil.

Abu Dhabi Ports Co PJSC (ADX:ADPORTS) EBIT Explanation

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

Abu Dhabi Ports Co PJSC'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 )
=	2308.876 * ( 1 - 13.33% )	/	( (50388.379	+	54534.933)	/ 2 )
=	2001.1028292	/	52461.656
=	3.81 %

where

	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	))
=	55610.989	-	1867.893	-	( 3354.717	-	max(0, 5780.677	-	9864.851	+	3354.717	))
=	50388.379

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	58253.501	-	2044.998	-	( 1673.57	-	max(0, 6923.984	-	9816.718	+	1673.57	))
=	54534.933

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

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

Abu Dhabi Ports Co PJSC'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 )
=	2675.452	/	( ( (25048.05 + max(-252.272, 0))	+	(26590.543 + max(-708.389, 0)) )	/	2 )
=	2675.452	/	( ( 25048.05	+	26590.543 )	/	2 )
=	2675.452	/	25819.2965
=	10.36 %

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)
=	(3127.41	+	374.667	+	1467.098)	-	(1867.893	+	0	+	3353.554)
=	-252.272

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3942.73	+	452.304	+	1045.538)	-	(2044.998	+	0	+	4103.963)
=	-708.389

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:

Abu Dhabi Ports Co PJSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	2012.135	/	41875.465
	=	4.81 %

Abu Dhabi Ports Co PJSC EBIT Related Terms

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Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Abu Dhabi Ports Co PJSC (ADX:ADPORTS) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

Al Mina Street. Nearest Landmark: Zayed Port, Gate 1, Next to Zayed Port, P.O. Box 54477, Abu Dhabi, ARE, 54477

Website

https://www.adports.ae

Abu Dhabi Ports Co PJSC owns, operates, maintains, manages, and develops all ports, docks, harbors, quays, waterways, bridges, breakwaters, infrastructure, and related installations in the Emirate of Abu Dhabi. It also constructs, manages, and develops the industrial, commercial, and non-financial service-free zones on plots of land granted or allocated by the Government of Abu Dhabi. The company's segments include Ports; Economic Cities and Free Zones (EC&FZ); Logistics; Maritime; Digital and Corporate.

Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Headlines

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