GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Orascom Development Egypt SAE (CAI:ORHD) » Definitions » Operating Income

Orascom Development EgyptE (CAI:ORHD) Operating Income : E£4,568 Mil (TTM As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Orascom Development EgyptE Operating Income?

Orascom Development EgyptE's Operating Income for the three months ended in Mar. 2024 was E£1,009 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was E£4,568 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Orascom Development EgyptE's Operating Income for the three months ended in Mar. 2024 was E£1,009 Mil. Orascom Development EgyptE's Revenue for the three months ended in Mar. 2024 was E£4,175 Mil. Therefore, Orascom Development EgyptE's Operating Margin % for the quarter that ended in Mar. 2024 was 24.16%.

Good Sign:

Orascom Development Egypt SAE operating margin is expanding. Margin expansion is usually a good sign.

Orascom Development EgyptE's 5-Year average Growth Rate for Operating Margin % was 3.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Orascom Development EgyptE's annualized ROC % for the quarter that ended in Mar. 2024 was 10.63%. Orascom Development EgyptE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -24.31%.


Orascom Development EgyptE Operating Income Historical Data

The historical data trend for Orascom Development EgyptE's Operating Income 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.

Orascom Development EgyptE Operating Income Chart

Orascom Development EgyptE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 924.55 876.92 1,675.92 2,871.20 4,493.26

Orascom Development EgyptE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Income 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 934.01 809.55 1,341.87 1,407.82 1,008.64

Orascom Development EgyptE Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income 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 E£4,568 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.


Orascom Development EgyptE  (CAI:ORHD) Operating Income Explanation

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

Orascom Development EgyptE'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 )
=4034.572 * ( 1 - 23.35% )/( (28546.106 + 29643.292)/ 2 )
=3092.499438/29094.699
=10.63 %

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))
=39235.978 - 5217.421 - ( 5472.451 - max(0, 14003.158 - 25605.04+5472.451))
=28546.106

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))
=44887.482 - 7128.414 - ( 8115.776 - max(0, 15252.522 - 30022.735+8115.776))
=29643.292

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

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

Orascom Development EgyptE'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 )
=-3398.176/( ( (8471.13 + max(4321.507, 0)) + (8812.327 + max(6346.456, 0)) )/ 2 )
=-3398.176/( ( 12792.637 + 15158.783 )/ 2 )
=-3398.176/13975.71
=-24.31 %

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)
=(1259.673 + 12807.015 + 1678.812) - (5217.421 + 0 + 6206.572)
=4321.507

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5051.385 + 13033.027 + 1717) - (7128.414 + 0 + 6326.542)
=6346.456

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. Operating Income is also linked to Operating Margin %:

Orascom Development EgyptE's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1008.643/4175.393
=24.16 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Orascom Development EgyptE Operating Income Related Terms

Thank you for viewing the detailed overview of Orascom Development EgyptE's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Orascom Development EgyptE (CAI:ORHD) Business Description

Traded in Other Exchanges
N/A
Address
Nile City Towers, South Tower, 9th Floor, 2005 A Corniche El Nil, Cairo, EGY, 11221
Orascom Development Egypt SAE is engaged in the development of integrated destinations in Egypt including private villas and apartments, hotels, leisure facilities and other supporting infrastructure. Its segments are Hotels, Real estate, Land sales, Town Management and Other Operations. The Hotel segment includes the provision of hospitality services in two to five-star hotels. Its Real-estate and construction segment includes an acquisition of land in undeveloped areas. The Land sales segment includes the sale of land and land rights to others. Town management consists of the provision of facilities and infrastructure services at resorts and towns. The Other segment comprises of rentals from investment properties, mortgages, hospital services, educational services, and other services.

Orascom Development EgyptE (CAI:ORHD) Headlines

No Headlines