AGMA (CAS:AGM) EBIT : MAD87.7 Mil (TTM As of Jun. 2024)

View and export this data going back to 1998. Start your Free Trial

What is AGMA EBIT?

AGMA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was MAD45.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was MAD87.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AGMA's annualized ROC % for the quarter that ended in Jun. 2024 was 22.55%. AGMA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 190.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AGMA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.33%.

AGMA EBIT Historical Data

The historical data trend for AGMA'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.

AGMA EBIT Chart

AGMA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

70.48

70.29

76.41

80.61

90.50

AGMA Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial					44.69	35.91	48.35	42.15	45.58

Competitive Comparison of AGMA's EBIT

For the Insurance - Diversified subindustry, AGMA'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.

AGMA's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, AGMA's EV-to-EBIT distribution charts can be found below:

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

AGMA 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 MAD87.7 Mil.

AGMA (CAS:AGM) EBIT Explanation

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

AGMA'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 )
=	91.152 * ( 1 - 26.96% )	/	( (279.433	+	311.17)	/ 2 )
=	66.5774208	/	295.3015
=	22.55 %

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	))
=	553.191	-	286.545	-	( 131.207	-	max(0, 286.545	-	273.758	+	131.207	))
=	279.433

	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	))
=	653.783	-	324.42	-	( 18.193	-	max(0, 330.894	-	374.967	+	18.193	))
=	311.17

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:

AGMA'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 )
=	91.152	/	( ( (48.373 + max(-159.258, 0))	+	(47.166 + max(-180.505, 0)) )	/	2 )
=	91.152	/	( ( 48.373	+	47.166 )	/	2 )
=	91.152	/	47.7695
=	190.82 %

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)
=	(127.287	+	0	+	0)	-	(286.545	+	0	+	0)
=	-159.258

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(143.915	+	0	+	0)	-	(324.42	+	0	+	0)
=	-180.505

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:

AGMA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	87.725	/	1384.805
	=	6.33 %

AGMA EBIT Related Terms

Thank you for viewing the detailed overview of AGMA's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

AGMA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AGMA (CAS:AGM) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 City Park Center, Rue Abderrahmane Sahraoui, Casablanca, MAR, 20 070

Website

http://www.agmalahlou-tazi.ma

AGMA formerly, Agma Lahlou-Tazi provides insurance and reinsurance broking services. Its services include automobile, business interruption and property insurance, assistance, and education annuity.