Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) EBIT : د.إ16.5 Mil (TTM As of Sep. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Ras Al Khaimah Co for White Cementnstruction Materials EBIT?

Ras Al Khaimah Co for White Cementnstruction Materials's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was د.إ5.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was د.إ16.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ras Al Khaimah Co for White Cementnstruction Materials's annualized ROC % for the quarter that ended in Sep. 2023 was 1.21%. Ras Al Khaimah Co for White Cementnstruction Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 4.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ras Al Khaimah Co for White Cementnstruction Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 5.05%.

Ras Al Khaimah Co for White Cementnstruction Materials EBIT Historical Data

The historical data trend for Ras Al Khaimah Co for White Cementnstruction Materials'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.

Ras Al Khaimah Co for White Cementnstruction Materials EBIT Chart

Ras Al Khaimah Co for White Cementnstruction Materials Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

20.83

25.32

15.65

34.45

21.89

Ras Al Khaimah Co for White Cementnstruction Materials Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															-1.78	6.06	0.62	4.61	5.18

Competitive Comparison of Ras Al Khaimah Co for White Cementnstruction Materials's EBIT

For the Building Materials subindustry, Ras Al Khaimah Co for White Cementnstruction Materials'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.

Ras Al Khaimah Co for White Cementnstruction Materials's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ras Al Khaimah Co for White Cementnstruction Materials's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ras Al Khaimah Co for White Cementnstruction Materials's EV-to-EBIT falls into.

Ras Al Khaimah Co for White Cementnstruction Materials 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ16.5 Mil.

Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) EBIT Explanation

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

Ras Al Khaimah Co for White Cementnstruction Materials's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	7.2 * ( 1 - 0% )	/	( (599.812	+	590.45)	/ 2 )
=	7.2	/	595.131
=	1.21 %

where

	Invested Capital		(Q: Jun. 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	))
=	894.855	-	77.658	-	( 217.385	-	max(0, 102.093	-	377.541	+	217.385	))
=	599.812

	Invested Capital		(Q: Sep. 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	))
=	864.681	-	53.926	-	( 220.305	-	max(0, 77.116	-	366.187	+	220.305	))
=	590.45

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Ras Al Khaimah Co for White Cementnstruction Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	20.724	/	( ( (454.495 + max(49.51, 0))	+	(447.58 + max(62.378, 0)) )	/	2 )
=	20.724	/	( ( 504.005	+	509.958 )	/	2 )
=	20.724	/	506.9815
=	4.09 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(46.517	+	101.882	+	3.204)	-	(77.658	+	0	+	24.435)
=	49.51

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(40.765	+	93.492	+	5.237)	-	(53.926	+	0	+	23.19)
=	62.378

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Ras Al Khaimah Co for White Cementnstruction Materials's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	16.474	/	326.535
	=	5.05 %

Ras Al Khaimah Co for White Cementnstruction Materials EBIT Related Terms

Thank you for viewing the detailed overview of Ras Al Khaimah Co for White Cementnstruction Materials's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ras Al Khaimah Co for White Cement & Construction Materials (ADX:RAKWCT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 1492, Ras Al Khaimah, ARE

Website

https://www.rakwhitecement.ae

Ras Al Khaimah Co for White Cement & Construction Materials is engaged in the production of cement, building materials, and lime. The principal activities of the company are to manufacture and supply white cement, lime, and cement products. The company operates through two business segments which include Manufacturing and Investments. The manufacturing segment refers to the manufacture and distribution of white cement. The investment segment consists of investments in marketable equity securities and deposits with banks.

Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Headlines

No Headlines