GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Saudi Industrial Services Co (SAU:2190) » Definitions » EBIT

Saudi Industrial Services Co (SAU:2190) EBIT : ﷼359 Mil (TTM As of Mar. 2024)


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

What is Saudi Industrial Services Co EBIT?

Saudi Industrial Services Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ﷼65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼359 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Saudi Industrial Services Co's annualized ROC % for the quarter that ended in Mar. 2024 was 11.97%. Saudi Industrial Services Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 49.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Saudi Industrial Services Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.32%.


Saudi Industrial Services Co EBIT Historical Data

The historical data trend for Saudi Industrial Services Co'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.

Saudi Industrial Services Co EBIT Chart

Saudi Industrial Services Co 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 128.78 397.81 316.93 287.04 397.25

Saudi Industrial Services Co 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 102.72 103.00 114.87 76.67 64.79

Competitive Comparison of Saudi Industrial Services Co's EBIT

For the Marine Shipping subindustry, Saudi Industrial Services Co'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.


Saudi Industrial Services Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Saudi Industrial Services Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Saudi Industrial Services Co's EV-to-EBIT falls into.



Saudi Industrial Services Co 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 ﷼359 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.


Saudi Industrial Services Co  (SAU:2190) EBIT Explanation

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

Saudi Industrial Services Co'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 )
=318.38 * ( 1 - -90.71% )/( (5251.031 + 4893.802)/ 2 )
=607.182498/5072.4165
=11.97 %

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))
=5989.981 - 247.117 - ( 1166.406 - max(0, 923.844 - 1415.677+1166.406))
=5251.031

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))
=5971.311 - 434.069 - ( 1126.072 - max(0, 769.149 - 1412.589+1126.072))
=4893.802

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

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

Saudi Industrial Services Co'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 )
=259.168/( ( (509.252 + max(-443.412, 0)) + (534.62 + max(-334.194, 0)) )/ 2 )
=259.168/( ( 509.252 + 534.62 )/ 2 )
=259.168/521.936
=49.66 %

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)
=(124.157 + 22.049 + 27.341) - (247.117 + 0 + 369.842)
=-443.412

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(245.411 + 24.279 + 0) - (434.069 + 0 + 169.815)
=-334.194

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:

Saudi Industrial Services Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=359.327/3175.658
=11.32 %

* 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.


Saudi Industrial Services Co EBIT Related Terms

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


Saudi Industrial Services Co (SAU:2190) Business Description

Traded in Other Exchanges
N/A
Address
Al-Madina Road, P.O. Box 14221, Suite 501, Saudi Business Centre, Jeddah, SAU, 21424
Saudi Industrial Services Co, through its subsidiaries, is engaged in the maintenance, operations, and management of factories, industrial facilities, construction of residential buildings and all related facilities such as entertainment centers, malls, restaurants, catering projects, construction of hospitals and buildings to provide health services to the factory and industrial company workmen, marketing factory products locally and worldwide, provide services and participate in the formation of companies. The reportable segments of the company are Port development and operations, Logistics parks and support services, and Water desalination and distribution. The company derives a majority of the revenue from the Port development and operations segment.

Saudi Industrial Services Co (SAU:2190) Headlines

No Headlines