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Apex Investment PSC (ADX:APEX) EBIT : د.إ87.9 Mil (TTM As of Dec. 2024)


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What is Apex Investment PSC EBIT?

Apex Investment PSC's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was د.إ87.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was د.إ87.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Apex Investment PSC's annualized ROC % for the quarter that ended in Dec. 2024 was 10.42%. Apex Investment PSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 19.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Apex Investment PSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 0.72%.


Apex Investment PSC EBIT Historical Data

The historical data trend for Apex Investment PSC'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.

Apex Investment PSC EBIT Chart

Apex Investment PSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -46.83 5.38 188.60 -56.52 87.86

Apex Investment PSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 Premium Member Only -46.83 5.38 188.60 -56.52 87.86

Competitive Comparison of Apex Investment PSC's EBIT

For the Building Materials subindustry, Apex Investment PSC'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.


Apex Investment PSC's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Apex Investment PSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Apex Investment PSC's EV-to-EBIT falls into.


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Apex Investment PSC 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. 2024 was د.إ87.9 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.


Apex Investment PSC  (ADX:APEX) EBIT Explanation

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

Apex Investment PSC's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=110.676 * ( 1 - 12.35% )/( (968.532 + 893.957)/ 2 )
=97.007514/931.2445
=10.42 %

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))
=2199.099 - 171.941 - ( 1058.626 - max(0, 243.798 - 1644.094+1058.626))
=968.532

Invested Capital(Q: Dec. 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))
=2237.861 - 156.78 - ( 1187.124 - max(0, 217.13 - 1712.088+1187.124))
=893.957

Note: The Operating Income data used here is one times the annual (Dec. 2024) data.

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

Apex Investment PSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=87.856/( ( (364.964 + max(104.991, 0)) + (346.917 + max(84.916, 0)) )/ 2 )
=87.856/( ( 469.955 + 431.833 )/ 2 )
=87.856/450.894
=19.48 %

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)
=(216.967 + 76.22 + 33.98) - (171.941 + 0 + 50.235)
=104.991

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(168.657 + 59.831 + 73.543) - (156.78 + 0 + 60.335)
=84.916

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2024) EBIT data.

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

Apex Investment PSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=87.856/12280.993
=0.72 %

* 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.


Apex Investment PSC EBIT Related Terms

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Apex Investment PSC Business Description

Traded in Other Exchanges
N/A
Address
Al Wahda Commercial Tower, Office No. 501, PO Box. 30688, Abu Dhabi, ARE
Apex Investment PSC formerly Ras Al Khaimah Cement Co operates in the cement industry. The company is mainly engaged in the producing and marketing of portland cement. The company caters to both the UAE market and the foreign market.