Anan Investment Holding PJSC (ADX:ANAN) EBIT: د.إ365 Mil (TTM As of Jun. 2019)


What is Anan Investment Holding PJSC EBIT?

Anan Investment Holding PJSC ADX:ANAN EBIT is د.إ365 Mil as of Jun. 2019.

Anan Investment Holding PJSC's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2019 was د.إ140 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2019 was د.إ365 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Anan Investment Holding PJSC's annualized ROC % for the quarter that ended in Jun. 2019 was 3.73%. Anan Investment Holding PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2019 was 1,430.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Anan Investment Holding PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2019 was 12.74%.

Anan Investment Holding PJSC  (ADX:ANAN) EBIT Explanation

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

Anan Investment Holding PJSC's annualized ROC % for the quarter that ended in Jun. 2019 is calculated as:

ROC % (Q: Jun. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2018 ) + Invested Capital (Q: Jun. 2019 ))/ count )
=279.916 * ( 1 - 0% )/( (7543.7 + 7448.931)/ 2 )
=279.916/7496.3155
=3.73 %

where

Invested Capital(Q: Dec. 2018 )
=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))
=5932.433 - 147.617 - ( 225.381 - max(0, 2056.619 - 297.735+225.381))
=7543.7

Invested Capital(Q: Jun. 2019 )
=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))
=5830.54 - 260.817 - ( 141 - max(0, 2112.451 - 233.243+141))
=7448.931

Note: The Operating Income data used here is two times the semi-annual (Jun. 2019) data.

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

Anan Investment Holding PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2018  Q: Jun. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=280.634/( ( (17.192 + max(-1984.809, 0)) + (22.053 + max(-2020.208, 0)) )/ 2 )
=280.634/( ( 17.192 + 22.053 )/ 2 )
=280.634/19.6225
=1,430.16 %

where Working Capital is:

Working Capital(Q: Dec. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.699 + 0 + 69.111) - (147.617 + 0 + 1909.002)
=-1984.809

Working Capital(Q: Jun. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62.03 + 0 + 30.213) - (260.817 + 0 + 1851.634)
=-2020.208

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2019) EBIT data.

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

Anan Investment Holding PJSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2019 )
=364.5/2861.495
=12.74 %

* 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.

Anan Investment Holding PJSC EBIT Related Terms

Anan Investment Holding PJSC EBIT Historical Data

* Premium members only.

The historical data trend for Anan Investment Holding 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.

Anan Investment Holding PJSC EBIT Chart

Anan Investment Holding PJSC Annual Data
Trend Dec17 Dec18
EBIT
-33.77 358.81

Anan Investment Holding PJSC Semi-Annual Data
Dec17 Jun18 Dec18 Jun19
EBIT 0.00 134.63 224.18 140.32

Anan Investment Holding PJSC EBIT Competitor Comparison

For the Real Estate - Development subindustry, Anan Investment Holding 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.

Anan Investment Holding PJSC EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Anan Investment Holding PJSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Anan Investment Holding PJSC's EV-to-EBIT falls into.


Anan Investment Holding 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.

EBIT for the trailing twelve months (TTM) ended in Jun. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was د.إ365 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.إ365 Mil mean?
Anan Investment Holding PJSC (ADX:ANAN) has a EBIT of د.إ365 Mil as of Jun. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Anan Investment Holding PJSC.
Is Anan Investment Holding PJSC's EBIT too high?
Anan Investment Holding PJSC's current EBIT is د.إ365 Mil.
How does Anan Investment Holding PJSC's EBIT compare to competitors?
Anan Investment Holding PJSC's EBIT of د.إ365 Mil can be compared against companies in the Real Estate 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 a Real Estate company?
A good EBIT depends on the Real Estate 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 Anan Investment Holding PJSC. Anan Investment Holding PJSC's current EBIT is د.إ365 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anan Investment Holding PJSC stock overvalued right now?
Anan Investment Holding PJSC (ADX:ANAN) has a current EBIT of د.إ365 Mil. The current EBIT is د.إ365 Mil. 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 Anan Investment Holding PJSC (ADX:ANAN), the current EBIT is د.إ365 Mil as of Jun. 2019. 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.

Anan Investment Holding PJSC Business Description

Address Kan'ad Street, Zone 1, Fotouh Al Khair Center, Tower No. 1, Floor No. 0, Office No. 2, Abu Dhabi, ARE
Anan Investment Holding PJSC is engaged in developing, investing in, and managing real estate properties. The company's operations are focused on real estate development. investment and marketing in various sectors, including tourism, industry, and others. Its project profile includes Wahat Alzaweya, Aryaf, Nasayem, Shamma Centre, Waha Living, Marya Boutique, and others.