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DAMAC Properties Dubai Co PJSC (DFM:DAMAC) EBIT : د.إ-288 Mil (TTM As of Dec. 2021)


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What is DAMAC Properties Dubai Co PJSC EBIT?

DAMAC Properties Dubai Co PJSC's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2021 was د.إ49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2021 was د.إ-288 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DAMAC Properties Dubai Co PJSC's annualized ROC % for the quarter that ended in Dec. 2021 was -6.42%. DAMAC Properties Dubai Co PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was 125.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. DAMAC Properties Dubai Co PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was -4.42%.


DAMAC Properties Dubai Co PJSC EBIT Historical Data

The historical data trend for DAMAC Properties Dubai Co PJSC'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.

DAMAC Properties Dubai Co PJSC EBIT Chart

DAMAC Properties Dubai Co PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial 3,032.43 1,477.51 254.12 -404.79 -288.02

DAMAC Properties Dubai Co PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 347.76 -133.34 -55.03 -148.27 48.63

Competitive Comparison of DAMAC Properties Dubai Co PJSC's EBIT

For the Real Estate - Development subindustry, DAMAC Properties Dubai Co PJSC'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.


DAMAC Properties Dubai Co PJSC's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DAMAC Properties Dubai Co PJSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where DAMAC Properties Dubai Co PJSC's EV-to-EBIT falls into.



DAMAC Properties Dubai Co PJSC 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-288 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.


DAMAC Properties Dubai Co PJSC  (DFM:DAMAC) EBIT Explanation

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

DAMAC Properties Dubai Co PJSC's annualized ROC % for the quarter that ended in Dec. 2021 is calculated as:

ROC % (Q: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2021 ) + Invested Capital (Q: Dec. 2021 ))/ count )
=-1038.712 * ( 1 - 0% )/( (16709.485 + 15672.754)/ 2 )
=-1038.712/16191.1195
=-6.42 %

where

Invested Capital(Q: Sep. 2021 )
=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))
=21244.77 - 1986.528 - ( 2548.757 - max(0, 7062.346 - 10080.082+2548.757))
=16709.485

Invested Capital(Q: Dec. 2021 )
=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))
=22318.7 - 2165.15 - ( 4675.946 - max(0, 6535.928 - 11016.724+4675.946))
=15672.754

Note: The Operating Income data used here is four times the quarterly (Dec. 2021) data.

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

DAMAC Properties Dubai Co PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2021  Q: Dec. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=194.512/( ( (123.619 + max(-1487.626, 0)) + (186.601 + max(-3629.347, 0)) )/ 2 )
=194.512/( ( 123.619 + 186.601 )/ 2 )
=194.512/155.11
=125.40 %

where Working Capital is:

Working Capital(Q: Sep. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1550.372 + 0 + 2558.914) - (1986.528 + 0 + 3610.384)
=-1487.626

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1292.627 + 0 + 1489.12) - (2165.15 + 0 + 4245.944)
=-3629.347

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2021) EBIT data.

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

DAMAC Properties Dubai Co PJSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2021 )
=-288.015/6522.438
=-4.42 %

* 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.


DAMAC Properties Dubai Co PJSC EBIT Related Terms

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DAMAC Properties Dubai Co PJSC (DFM:DAMAC) Business Description

Traded in Other Exchanges
N/A
Address
Al Barsha Heights (Tecom), P.O. Box 2195, Executive Heights Building, Dubai, ARE
DAMAC Properties Dubai Co PJSC along with its subsidiaries is engaged in the development of properties in the Middle East. It develops high-end and luxury residential, commercial and leisure properties across the UAE and internationally. The company derives a majority of revenue from the UAE region.

DAMAC Properties Dubai Co PJSC (DFM:DAMAC) Headlines

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