GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Dubai Taxi Co (DFM:DTC) » Definitions » EBIT

Dubai Taxi Co (DFM:DTC) EBIT : د.إ426 Mil (TTM As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Dubai Taxi Co EBIT?

Dubai Taxi Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was د.إ107 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was د.إ426 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dubai Taxi Co's annualized ROC % for the quarter that ended in Dec. 2024 was 23.76%. Dubai Taxi Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 54.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dubai Taxi Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 5.67%.

Dubai Taxi Co EBIT Historical Data

The historical data trend for Dubai Taxi 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.

Dubai Taxi Co EBIT Chart

Dubai Taxi Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial -138.16 154.90 224.42 360.02 425.52

Dubai Taxi Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 92.39 134.07 102.94 81.40 107.12

Competitive Comparison of Dubai Taxi Co's EBIT

For the Rental & Leasing Services subindustry, Dubai Taxi 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.

Dubai Taxi Co's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dubai Taxi Co's EV-to-EBIT distribution charts can be found below:

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


Dubai Taxi 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ426 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.

Dubai Taxi Co  (DFM:DTC) EBIT Explanation

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

Dubai Taxi Co's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=404.352 * ( 1 - 8.96% )/( (1487.645 + 1610.796)/ 2 )
=368.1220608/1549.2205
=23.76 %

where

Invested Capital(Q: Sep. 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))
=2098.729 - 665.782 - ( 350.756 - max(0, 666.47 - 611.772+350.756))
=1487.645

Invested Capital(Q: Dec. 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))
=2318.361 - 709.082 - ( 418.027 - max(0, 709.78 - 708.263+418.027))
=1610.796

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

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

Dubai Taxi Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=428.46/( ( (781.346 + max(-589.373, 0)) + (796.892 + max(-441.835, 0)) )/ 2 )
=428.46/( ( 781.346 + 796.892 )/ 2 )
=428.46/789.119
=54.30 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.941 + 3.397 + 21.071) - (665.782 + 0 + 0)
=-589.373

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(254.053 + 2.166 + 11.028) - (709.082 + 0 + 0)
=-441.835

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=425.518/7508.474
=5.67 %

* 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.

Dubai Taxi Co EBIT Related Terms

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

Dubai Taxi Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Dubai Taxi Co (DFM:DTC) » Definitions » EBIT
Comparable Companies
ADX:ADNHC DIFX:DEPA URI LSE:AHT AER FTAI UHAL TSX:EFN R XPAR:AYV WSC GATX BSP:RENT3 HKSE:02588 AL HRI TSE:8439 HEES XTER:SIX2 MGRC
Traded in Other Exchanges
N/A
Address
Amman Street, P.O. Box 2647, First floor, main building, Al Muhaisnah area, Dubai, ARE
Website
https://www.dubaitaxi.ae
Dubai Taxi Co is a mobility solutions and taxi operator company in Dubai. It offers a wide range of transportation solutions across its four main business lines, which include taxi services through its large, environmentally friendly fleet, VIP limousine services consisting of chauffeur-driven vehicles to provide luxury service, bus services, and last-mile delivery services via delivery bikes. It generates the majority of its revenue from Regular Taxi.