Electro Cable Egypt (CAI:ELEC) EBIT: E£344 Mil (TTM As of Jun. 2023)


CAI:ELEC Electro Cable Egypt CAI:ELEC
8 GF Score
Price E£2.10
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What is Electro Cable Egypt EBIT?

Electro Cable Egypt CAI:ELEC -1.41% 8 EBIT is E£344 Mil as of Jun. 2023. GuruFocus rates CAI:ELEC with a GF Score™ of 8/100.

Electro Cable Egypt's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was E£231 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was E£344 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Electro Cable Egypt's annualized ROC % for the quarter that ended in Jun. 2023 was 57.69%. Electro Cable Egypt's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 114.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Electro Cable Egypt's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 4.52%.


Electro Cable Egypt  (CAI:ELEC) EBIT Explanation

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

Electro Cable Egypt's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=910.772 * ( 1 - 0% )/( (1514.234 + 1643.368)/ 2 )
=910.772/1578.801
=57.69 %

where

Invested Capital(Q: Mar. 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))
=2854.576 - 944.76 - ( 541.64 - max(0, 1752.252 - 2147.834+541.64))
=1514.234

Invested Capital(Q: Jun. 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))
=3281.01 - 1073.561 - ( 596.845 - max(0, 2008.085 - 2572.166+596.845))
=1643.368

Note: The Operating Income data used here is four times the quarterly (Jun. 2023) data.

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

Electro Cable Egypt's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=922.168/( ( (377.412 + max(402.96, 0)) + (379.513 + max(451.999, 0)) )/ 2 )
=922.168/( ( 780.372 + 831.512 )/ 2 )
=922.168/805.942
=114.42 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(672.84 + 678.756 + 5.0839999999998) - (944.76 + 0 + 8.96)
=402.96

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(943.107 + 578.548 + 9.1030000000001) - (1073.561 + 0 + 5.1980000000001)
=451.999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

Electro Cable Egypt's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=343.677/7600.587
=4.52 %

* 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.


Electro Cable Egypt EBIT Related Terms


Electro Cable Egypt EBIT Historical Data

* Premium members only.

The historical data trend for Electro Cable Egypt'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.

Electro Cable Egypt EBIT Chart

Electro Cable Egypt Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
EBIT
-69.29 64.35 262.62 326.12 230.32

Electro Cable Egypt Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Mar22 Jun22 Mar23 Jun23
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 81.58 40.58 80.09 113.14 230.54

Electro Cable Egypt EBIT Competitor Comparison

For the Electrical Equipment & Parts subindustry, Electro Cable Egypt'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.


Electro Cable Egypt EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Electro Cable Egypt's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Electro Cable Egypt's EV-to-EBIT falls into.


CAI:ELEC
8GF Score
Electro Cable Egypt CAI:ELEC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Electro Cable Egypt 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was E£344 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 E£344 Mil mean?
Electro Cable Egypt (CAI:ELEC) has a EBIT of E£344 Mil as of Jun. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Electro Cable Egypt.
Is Electro Cable Egypt's EBIT too high?
Electro Cable Egypt's current EBIT is E£344 Mil. Overall, Electro Cable Egypt has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Electro Cable Egypt's EBIT compare to competitors?
Electro Cable Egypt's EBIT of E£344 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good EBIT depends on the Industrial Products 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 Electro Cable Egypt. Electro Cable Egypt's current EBIT is E£344 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electro Cable Egypt stock overvalued right now?
Electro Cable Egypt (CAI:ELEC) has a current EBIT of E£344 Mil. The current EBIT is E£344 Mil. Electro Cable Egypt's overall GF Score™ is 8/100. 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 Electro Cable Egypt (CAI:ELEC), the current EBIT is E£344 Mil as of Jun. 2023. 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.

Electro Cable Egypt Business Description

Address Ismaellia Canal Road, Km 4.6,6 th October Road, Mostorod Industrial Zone, Qualubia Governorate, Cairo, EGY
Electro Cable Egypt manufactures and markets power cables and telecommunication cables. Its products portfolio includes Enamelled Copper Wires, Overhead Bare Conductors, Telephone Wires and Cables and others.
8GF Score

Get the complete analysis for CAI:ELEC

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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