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Arabian Contracting Services Co (SAU:4071) EBIT : ﷼513 Mil (TTM As of Mar. 2024)


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What is Arabian Contracting Services Co EBIT?

Arabian Contracting Services Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ﷼169 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼513 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arabian Contracting Services Co's annualized ROC % for the quarter that ended in Mar. 2024 was 13.56%. Arabian Contracting Services Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Arabian Contracting Services Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.78%.


Arabian Contracting Services Co EBIT Historical Data

The historical data trend for Arabian Contracting 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.

Arabian Contracting Services Co EBIT Chart

Arabian Contracting Services Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
51.75 250.07 351.07 459.33

Arabian Contracting Services Co Quarterly Data
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 114.91 111.89 93.03 139.50 168.52

Competitive Comparison of Arabian Contracting Services Co's EBIT

For the Advertising Agencies subindustry, Arabian Contracting 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.


Arabian Contracting Services Co's EV-to-EBIT Distribution in the Media - Diversified Industry

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

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



Arabian Contracting 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 ﷼513 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.


Arabian Contracting Services Co  (SAU:4071) EBIT Explanation

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

Arabian Contracting 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 )
=635.832 * ( 1 - 5.32% )/( (4263.664 + 4612.973)/ 2 )
=602.0057376/4438.3185
=13.56 %

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))
=4545.374 - 107.628 - ( 174.082 - max(0, 1131.546 - 1576.947+174.082))
=4263.664

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))
=4874.778 - 69.905 - ( 191.9 - max(0, 1462.205 - 1965.015+191.9))
=4612.973

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

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

Arabian Contracting 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 )
=674.072/( ( (1913.088 + max(1011.47, 0)) + (1845.219 + max(1186.435, 0)) )/ 2 )
=674.072/( ( 2924.558 + 3031.654 )/ 2 )
=674.072/2978.106
=22.63 %

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)
=(830.822 + 17.346 + 546.361) - (107.628 + 0 + 275.431)
=1011.47

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1001.337 + 18.477 + 725.473) - (69.905 + 0 + 488.947)
=1186.435

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=512.937/13555.334
=3.78 %

* 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.


Arabian Contracting Services Co EBIT Related Terms

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Arabian Contracting Services Co (SAU:4071) Business Description

Traded in Other Exchanges
N/A
Address
Olaya Towers, Tower B, Floor 33, P.O.Box 55905, Riyadh, SAU, 11544
Arabian Contracting Services Co in setting up and operating outdoor advertising billboards, including roadside advertising and indoor advertising. In roadside advertising, the company participates in the tenders organized by various secretariat, municipalities, and government agencies in all provinces and cities of Saudi Arabia to lease and invest in the many sites belonging to these agencies and secretariat by installing billboards in them and selling these billboards advertising spaces to their clients.

Arabian Contracting Services Co (SAU:4071) Headlines

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