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Bahrain Flour Mills Co (BAH:BFM) EBIT : BHD2.79 Mil (TTM As of Mar. 2024)


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What is Bahrain Flour Mills Co EBIT?

Bahrain Flour Mills Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was BHD0.66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was BHD2.79 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bahrain Flour Mills Co's annualized ROC % for the quarter that ended in Mar. 2024 was 2.86%. Bahrain Flour Mills Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 27.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bahrain Flour Mills Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -48.45%.


Bahrain Flour Mills Co EBIT Historical Data

The historical data trend for Bahrain Flour Mills Co'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.

Bahrain Flour Mills Co EBIT Chart

Bahrain Flour Mills Co 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 1.94 1.15 3.99 1.48 2.68

Bahrain Flour Mills Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.59 1.04 0.08 1.01 0.66

Competitive Comparison of Bahrain Flour Mills Co's EBIT

For the Packaged Foods subindustry, Bahrain Flour Mills Co'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.


Bahrain Flour Mills Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bahrain Flour Mills Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bahrain Flour Mills Co's EV-to-EBIT falls into.



Bahrain Flour Mills Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BHD2.79 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.


Bahrain Flour Mills Co  (BAH:BFM) EBIT Explanation

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

Bahrain Flour Mills Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=0.504 * ( 1 - 0% )/( (14.666 + 20.548)/ 2 )
=0.504/17.607
=2.86 %

where

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

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

Bahrain Flour Mills Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.64/( ( (8.203 + max(1.98, 0)) + (8.882 + max(0.106, 0)) )/ 2 )
=2.64/( ( 10.183 + 8.988 )/ 2 )
=2.64/9.5855
=27.54 %

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)
=(0.097 + 4.603 + 0.304) - (2.548 + 0 + 0.476)
=1.98

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.292 + 6.88 + 0.472) - (1.482 + 0 + 6.056)
=0.106

When net working capital is negative, 0 is used.

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

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

Bahrain Flour Mills Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2.79/-5.759
=-48.45 %

* 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.


Bahrain Flour Mills Co EBIT Related Terms

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Bahrain Flour Mills Co (BAH:BFM) Business Description

Traded in Other Exchanges
N/A
Address
Building No. 1773, Road No. 4236, Block No. 342, P.O. Box 26787, Mina Salman, Manama, BHR
Bahrain Flour Mills Co is engaged in wheat grinding and flour marketing. The principal activities of the company include the import of wheat and the production of wheat flour and related products. It offers the product such as all-purpose flour, pizza flour, and dumpling mix with yeast, hab harees, jereesh, semolina, wheat bran and wheat germ. The company markets and sells its products to auto bakeries, hotels, restaurants, super- and hypermarkets.

Bahrain Flour Mills Co (BAH:BFM) Headlines

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