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Modon Holding PSC (ADX:MODON) EBIT : د.إ9,383 Mil (TTM As of Jun. 2024)


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What is Modon Holding PSC EBIT?

Modon Holding PSC's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was د.إ8,902 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was د.إ9,383 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Modon Holding PSC's annualized ROC % for the quarter that ended in Jun. 2024 was 2.47%. Modon Holding PSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 329.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Modon Holding PSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 20.60%.


Modon Holding PSC EBIT Historical Data

The historical data trend for Modon Holding 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.

Modon Holding PSC EBIT Chart

Modon Holding PSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 270.35 290.91 275.48 920.64 738.87

Modon Holding PSC Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 720.48 200.16 258.54 480.33 8,902.37

Competitive Comparison of Modon Holding PSC's EBIT

For the Real Estate Services subindustry, Modon Holding 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.


Modon Holding PSC's EV-to-EBIT Distribution in the Real Estate Industry

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

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


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Modon Holding 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.

EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was د.إ9,383 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.


Modon Holding PSC  (ADX:MODON) EBIT Explanation

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

Modon Holding PSC's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=786.1 * ( 1 - 0.56% )/( (12486.155 + 50921.729)/ 2 )
=781.69784/31703.942
=2.47 %

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))
=21311.081 - 4058.315 - ( 4766.611 - max(0, 4316.691 - 11448.448+4766.611))
=12486.155

Invested Capital(Q: Jun. 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))
=69265.218 - 11162.41 - ( 7181.079 - max(0, 11527.801 - 26172.737+7181.079))
=50921.729

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Modon Holding PSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17804.738/( ( (876.375 + max(1425.093, 0)) + (6967.184 + max(1537.688, 0)) )/ 2 )
=17804.738/( ( 2301.468 + 8504.872 )/ 2 )
=17804.738/5403.17
=329.52 %

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)
=(1039.926 + 2246.917 + 2204.58) - (4058.315 + 0 + 8.0149999999994)
=1425.093

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2829.315 + 7589.31 + 2289.488) - (11162.41 + 0 + 8.0149999999994)
=1537.688

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=9382.699/45539.655
=20.60 %

* 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.


Modon Holding PSC EBIT Related Terms

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Modon Holding PSC Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, Ministries Complex, Zone 1, Abu Dhabi, ARE
Modon Holding PSC develops vibrant communities, hospitality and lifestyle experiences, and world-class sports facilities. It engaged in strategic investment and innovation on an unrivaled scale, shaping future smart living. Its projects are Surf Abu Dhabi and Velodrome.

Modon Holding PSC Headlines

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