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Sumou Real Estate Co (SAU:4323) EBIT : ﷼121.0 Mil (TTM As of Mar. 2024)


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What is Sumou Real Estate Co EBIT?

Sumou Real Estate Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ﷼21.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼121.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sumou Real Estate Co's annualized ROC % for the quarter that ended in Mar. 2024 was 8.01%. Sumou Real Estate Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 392.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sumou Real Estate Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.00%.

Sumou Real Estate Co EBIT Historical Data

The historical data trend for Sumou Real Estate 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.

Sumou Real Estate Co EBIT Chart

Sumou Real Estate Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
82.92 80.64 84.88 93.34 109.89

Sumou Real Estate Co Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 9.64 42.86 30.26 26.76 21.15

Competitive Comparison of Sumou Real Estate Co's EBIT

For the Real Estate - Development subindustry, Sumou Real Estate 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.

Sumou Real Estate Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumou Real Estate Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sumou Real Estate Co's EV-to-EBIT falls into.


Sumou Real Estate 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 ﷼121.0 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.

Sumou Real Estate Co  (SAU:4323) EBIT Explanation

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

Sumou Real Estate 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 )
=64.08 * ( 1 - 8.73% )/( (667.008 + 793.637)/ 2 )
=58.485816/730.3225
=8.01 %

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))
=850.113 - 180.45 - ( 2.655 - max(0, 272.993 - 338.72+2.655))
=667.008

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))
=978.272 - 178.653 - ( 5.982 - max(0, 297.822 - 363.249+5.982))
=793.637

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

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

Sumou Real Estate 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 )
=84.596/( ( (21.187 + max(-51.857, 0)) + (21.903 + max(-38.777, 0)) )/ 2 )
=84.596/( ( 21.187 + 21.903 )/ 2 )
=84.596/21.545
=392.65 %

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)
=(33.889 + 10.355 + 175.458) - (180.45 + 0 + 91.109)
=-51.857

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(43.354 + 10.355 + 203.405) - (178.653 + 0 + 117.238)
=-38.777

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:

Sumou Real Estate Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=121.033/2016.480
=6.00 %

* 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.

Sumou Real Estate Co EBIT Related Terms

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Sumou Real Estate Co (SAU:4323) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sumou Real Estate Co (SAU:4323) » Definitions » EBIT
Comparable Companies
SAU:9535 SAU:4310 HKSE:00016 HKSE:01109 HKSE:00688 HKSE:01113 TSE:1925 SHSE:600048 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979 ADX:ALDAR HKSE:00960 PHS:HVN BOM:543287 HKSE:00083 HKSE:00004 PHS:ALI SGX:H78
Traded in Other Exchanges
N/A
Address
Prince Turki bin Abdulaziz street, Sumou Tower - P.O.Box 250, Al-Yarmouk District, AlKhobar, SAU, 31952
Website
https://www.sumou.com.sa
Sumou Real Estate Co is engaged in executing and managing real estate development and investment projects in the Kingdom of Saudi Arabia. The company's projects portfolio includes commercial centers, residential complexes, housing units, infrastructure for industrial, and commercial facilities, economic cities, and free zones.

Sumou Real Estate Co (SAU:4323) Headlines

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