Abu Dhabi Ship Building PJSC (ADX:ADSB) EBIT: د.إ44 Mil (TTM As of Dec. 2023)

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ADX:ADSB Abu Dhabi Ship Building PJSC ADX:ADSB
5 GF Score
Price د.إ8.00
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What is Abu Dhabi Ship Building PJSC EBIT?

Abu Dhabi Ship Building PJSC ADX:ADSB -1.11% 5 EBIT is د.إ44 Mil as of Dec. 2023. GuruFocus rates ADX:ADSB with a GF Score™ of 5/100.

Abu Dhabi Ship Building PJSC's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was د.إ44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ44 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Abu Dhabi Ship Building PJSC's annualized ROC % for the quarter that ended in Dec. 2023 was 2.03%. Abu Dhabi Ship Building PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 29.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Abu Dhabi Ship Building PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.23%.


Abu Dhabi Ship Building PJSC  (ADX:ADSB) EBIT Explanation

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

Abu Dhabi Ship Building PJSC's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=29.911 * ( 1 - 0% )/( (1131.847 + 1809.039)/ 2 )
=29.911/1470.443
=2.03 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=1493.419 - 51.732 - ( 309.84 - max(0, 511.045 - 1119.678+309.84))
=1131.847

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))
=2669.09 - 217.842 - ( 745.267 - max(0, 1499.369 - 2141.578+745.267))
=1809.039

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

Abu Dhabi Ship Building PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=44.092/( ( (145.293 + max(-35.545, 0)) + (151.805 + max(-444.045, 0)) )/ 2 )
=44.092/( ( 145.293 + 151.805 )/ 2 )
=44.092/148.549
=29.68 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(316.81 + 25.854 + 94.339) - (51.732 + 0 + 420.816)
=-35.545

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(764.213 + 25.182 + 263.767) - (217.842 + 0 + 1279.365)
=-444.045

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

Abu Dhabi Ship Building PJSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=44.092/1043.545
=4.23 %

* 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.


Abu Dhabi Ship Building PJSC EBIT Related Terms


Abu Dhabi Ship Building PJSC EBIT Historical Data

* Premium members only.

The historical data trend for Abu Dhabi Ship Building PJSC'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.

Abu Dhabi Ship Building PJSC EBIT Chart

Abu Dhabi Ship Building PJSC 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 6.39 -15.11 17.14 22.62 44.09

Abu Dhabi Ship Building PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 6.39 -15.11 17.14 22.62 44.09

ADX:ADSB vs GE, RTX, BA: EBIT Comparison

For the Aerospace & Defense subindustry, Abu Dhabi Ship Building PJSC'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.


Abu Dhabi Ship Building PJSC EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Abu Dhabi Ship Building PJSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Ship Building PJSC's EV-to-EBIT falls into.


ADX:ADSB
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Abu Dhabi Ship Building PJSC ADX:ADSB
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Abu Dhabi Ship Building PJSC 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ44 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of د.إ44 Mil mean?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a EBIT of د.إ44 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Abu Dhabi Ship Building PJSC.
Is Abu Dhabi Ship Building PJSC's EBIT too high?
Abu Dhabi Ship Building PJSC's current EBIT is د.إ44 Mil. Overall, Abu Dhabi Ship Building PJSC has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Abu Dhabi Ship Building PJSC's EBIT compare to GE and RTX?
Abu Dhabi Ship Building PJSC's EBIT of د.إ44 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Abu Dhabi Ship Building PJSC. Abu Dhabi Ship Building PJSC's current EBIT is د.إ44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abu Dhabi Ship Building PJSC stock overvalued right now?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a current EBIT of د.إ44 Mil. The current EBIT is د.إ44 Mil. Abu Dhabi Ship Building PJSC's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Abu Dhabi Ship Building PJSC (ADX:ADSB), the current EBIT is د.إ44 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Abu Dhabi Ship Building PJSC Business Description

Address Musafah Industrial Area, P.O. Box 8922, Abu Dhabi, ARE
Abu Dhabi Ship Building PJSC is a shipbuilder and support services contractor locally and internationally. Its operating segments include New Build and Engineering; Small Boats; Military Repairs and Maintenance; Commercial Repairs and Maintenance and Combat System Integration. It generates maximum revenue from the New Build and Engineering services segment. It provides the design, engineering, research and development, construction, commissioning, test and trials, ILS, upgrades, conversions, and consultancy services for military, commercial, and leisure vessels in any construction material.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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