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Al Mal Capital REIT (DFM:AMCREIT) EBIT : د.إ70.10 Mil (TTM As of Jun. 2024)


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What is Al Mal Capital REIT EBIT?

Al Mal Capital REIT's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was د.إ47.83 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was د.إ70.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Al Mal Capital REIT's annualized ROC % for the quarter that ended in Jun. 2024 was 6.12%. Al Mal Capital REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 559.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Al Mal Capital REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.62%.

Al Mal Capital REIT EBIT Historical Data

The historical data trend for Al Mal Capital REIT'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.

Al Mal Capital REIT EBIT Chart

Al Mal Capital REIT Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-2.76 19.93 51.25

Al Mal Capital REIT Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial 9.15 10.78 28.98 22.28 47.83

Competitive Comparison of Al Mal Capital REIT's EBIT

For the REIT - Diversified subindustry, Al Mal Capital REIT'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.

Al Mal Capital REIT's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Al Mal Capital REIT's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Al Mal Capital REIT's EV-to-EBIT falls into.


Al Mal Capital REIT 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.إ70.10 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.

Al Mal Capital REIT  (DFM:AMCREIT) EBIT Explanation

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

Al Mal Capital REIT'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 )
=49.8 * ( 1 - 0% )/( (603.804 + 1023.057)/ 2 )
=49.8/813.4305
=6.12 %

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))
=624.037 - 0.243 - ( 19.99 - max(0, 15.761 - 46.037+19.99))
=603.804

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))
=1052.488 - 1.334 - ( 28.097 - max(0, 11.036 - 63.488+28.097))
=1023.057

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:

Al Mal Capital REIT'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 )
=95.652/( ( (0 + max(9.815, 0)) + (0 + max(24.355, 0)) )/ 2 )
=95.652/( ( 9.815 + 24.355 )/ 2 )
=95.652/17.085
=559.86 %

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)
=(2.918 + 0 + 22.658) - (0.243 + 0 + 15.518)
=9.815

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.575 + 0 + 26.816) - (1.334 + 0 + 9.702)
=24.355

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:

Al Mal Capital REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=70.101/1059.660
=6.62 %

* 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.

Al Mal Capital REIT EBIT Related Terms

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Al Mal Capital REIT Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Al Mal Capital REIT (DFM:AMCREIT) » Definitions » EBIT
Comparable Companies
NGM:SAMT B NGM:CRWN OSTO:KFAST B OSTO:CIBUS OSTO:LOGI A XSAT:AQUAT XSAT:LATF B OSTO:KAPIAB XSAT:LOGIST OSTO:SLP B VICI ASX:MGR WPC MEX:FUNO11 ASX:SGP SRC LSE:LAND LSE:UTG ASX:GPT XPAR:COV
Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, Office 901, P.O. Box 119930, 48 Burj Gate, Downtown Dubai, Dubai, ARE
Website
https://www.almalcapitalreit.com
Al Mal Capital REIT is a United Arab Emirates-based closed-ended real estate investment trust is involved in investing in income generating real estate assets, including real estate of educational facilities, health facilities, and industrial assets across the United Arab Emirates and the Gulf Cooperation Council (GCC), thereby providing the Unitholders with an attractive annual return through dividend distribution.

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