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Ras AL Khaimah Ceramics Co PSC (ADX:RAKCEC) EBIT : د.إ358 Mil (TTM As of Dec. 2024)


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What is Ras AL Khaimah Ceramics Co PSC EBIT?

Ras AL Khaimah Ceramics Co PSC's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was د.إ102 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was د.إ358 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ras AL Khaimah Ceramics Co PSC's annualized ROC % for the quarter that ended in Dec. 2024 was 7.19%. Ras AL Khaimah Ceramics Co PSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 14.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ras AL Khaimah Ceramics Co PSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 8.91%.


Ras AL Khaimah Ceramics Co PSC EBIT Historical Data

The historical data trend for Ras AL Khaimah Ceramics Co 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.

Ras AL Khaimah Ceramics Co PSC EBIT Chart

Ras AL Khaimah Ceramics Co 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 -52.91 351.36 430.64 420.05 358.41

Ras AL Khaimah Ceramics Co PSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only 105.10 92.86 80.54 82.92 102.11

Competitive Comparison of Ras AL Khaimah Ceramics Co PSC's EBIT

For the Building Products & Equipment subindustry, Ras AL Khaimah Ceramics Co 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.


Ras AL Khaimah Ceramics Co PSC's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ras AL Khaimah Ceramics Co PSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ras AL Khaimah Ceramics Co PSC's EV-to-EBIT falls into.


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Ras AL Khaimah Ceramics Co 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ358 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.


Ras AL Khaimah Ceramics Co PSC  (ADX:RAKCEC) 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 Ceramics Co 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: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=419.9 * ( 1 - 21.73% )/( (4605.898 + 4541.704)/ 2 )
=328.65573/4573.801
=7.19 %

where

Invested Capital(Q: Sep. 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))
=5297.367 - 513.842 - ( 177.627 - max(0, 1907.926 - 2793.573+177.627))
=4605.898

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))
=5251.916 - 511.143 - ( 199.069 - max(0, 1805.087 - 2745.887+199.069))
=4541.704

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

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

Ras AL Khaimah Ceramics Co 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: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=408.42/( ( (1428.636 + max(1446.497, 0)) + (1439.166 + max(1352.009, 0)) )/ 2 )
=408.42/( ( 2875.133 + 2791.175 )/ 2 )
=408.42/2833.154
=14.42 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(831.625 + 1372.332 + 279.163) - (513.842 + 0 + 522.781)
=1446.497

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(771.77 + 1355.912 + 283.597) - (511.143 + 0 + 548.127)
=1352.009

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Ras AL Khaimah Ceramics Co PSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=358.414/4020.918
=8.91 %

* 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.


Ras AL Khaimah Ceramics Co PSC EBIT Related Terms

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Ras AL Khaimah Ceramics Co PSC Business Description

Traded in Other Exchanges
N/A
Address
Al Jazeerah Al Hamra City, P.O. Box 4714, Ras Al Khaimah, ARE
Ras AL Khaimah Ceramics Co PSC is engaged in the manufacturing and sale of a variety of ceramic products including tiles, bathroom sets, sanitary wares, table wares and faucets. The company's reportable segments are; Ceramics products, which generates key revenue and includes manufacturing and sale of ceramic wall and floor tiles, gres porcellanato, bath-ware and tableware products. The Faucets segment includes manufacturing and sale of Taps and Faucets. Other industrial segment, includes manufacturing and distribution of power, paints, plastics, mines, and chemicals. Others include security services, material movement, real estate, construction projects, and civil works. Geographically, the company generates substantial revenue from Middle East and rest from Europe, Asia, and others.

Ras AL Khaimah Ceramics Co PSC Headlines

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