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Tabreed PJSC (DFM:TABREED) EBIT : د.إ783 Mil (TTM As of Mar. 2024)


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What is Tabreed PJSC EBIT?

Tabreed PJSC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was د.إ156 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was د.إ783 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tabreed PJSC's annualized ROC % for the quarter that ended in Mar. 2024 was 4.30%. Tabreed PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tabreed PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.70%.


Tabreed PJSC EBIT Historical Data

The historical data trend for Tabreed 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.

Tabreed PJSC EBIT Chart

Tabreed PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 518.50 633.67 656.35 768.18 904.40

Tabreed PJSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 277.62 188.62 259.85 178.31 156.22

Competitive Comparison of Tabreed PJSC's EBIT

For the Utilities - Regulated Water subindustry, Tabreed 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.


Tabreed PJSC's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tabreed PJSC's EV-to-EBIT distribution charts can be found below:

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



Tabreed 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.إ783 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.


Tabreed PJSC  (DFM:TABREED) EBIT Explanation

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

Tabreed 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 )
=648.14 * ( 1 - 7.76% )/( (12996.708 + 14788.422)/ 2 )
=597.844336/13892.565
=4.30 %

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))
=14813.69 - 308.978 - ( 1508.004 - max(0, 873.185 - 2603.694+1508.004))
=12996.708

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))
=14868.263 - 1193.181 - ( 1632.918 - max(0, 3788.287 - 2674.947+1632.918))
=14788.422

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

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

Tabreed 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 )
=624.888/( ( (5000.98 + max(234.225, 0)) + (5020.93 + max(-151.152, 0)) )/ 2 )
=624.888/( ( 5235.205 + 5020.93 )/ 2 )
=624.888/5128.0675
=12.19 %

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)
=(416.132 + 69.693 + 507.498) - (308.978 + 0 + 450.12)
=234.225

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(635.472 + 70.677 + 335.88) - (1193.181 + 0 + -4.5474735088646E-13)
=-151.152

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=782.998/13732.907
=5.70 %

* 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.


Tabreed PJSC EBIT Related Terms

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Tabreed PJSC (DFM:TABREED) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 29478, Masdar City, Abu Dhabi, ARE
Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.

Tabreed PJSC (DFM:TABREED) Headlines

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