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Union Coop (DFM:UNIONCOOP) EBIT : د.إ313 Mil (TTM As of Dec. 2023)


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What is Union Coop EBIT?

Union Coop's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was د.إ152 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ313 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Union Coop's annualized ROC % for the quarter that ended in Dec. 2023 was 1.22%. Union Coop's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Union Coop's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.99%.

Union Coop EBIT Historical Data

The historical data trend for Union Coop'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.

Union Coop EBIT Chart

Union Coop Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
403.26 416.28 385.87 313.13

Union Coop Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial - 231.03 154.85 161.39 151.74

Competitive Comparison of Union Coop's EBIT

For the Department Stores subindustry, Union Coop'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.

Union Coop's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Union Coop's EV-to-EBIT distribution charts can be found below:

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


Union Coop 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was د.إ313 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.

Union Coop  (DFM:UNIONCOOP) EBIT Explanation

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

Union Coop's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=36.96 * ( 1 - 0% )/( (3025.412 + 3015.317)/ 2 )
=36.96/3020.3645
=1.22 %

where

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))
=3411.226 - 403.489 - ( 87.088 - max(0, 538.763 - 521.088+87.088))
=3025.412

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))
=3444.847 - 305.403 - ( 154.668 - max(0, 390.733 - 514.86+154.668))
=3015.317

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Union Coop's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=303.488/( ( (2437.012 + max(-118.796, 0)) + (2492.938 + max(-54.907, 0)) )/ 2 )
=303.488/( ( 2437.012 + 2492.938 )/ 2 )
=303.488/2464.975
=12.31 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.826 + 316.254 + 26.312) - (403.489 + 0 + 110.699)
=-118.796

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.705 + 285.42 + 19.541) - (305.403 + 0 + 66.17)
=-54.907

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=313.134/4478.636
=6.99 %

* 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.

Union Coop EBIT Related Terms

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Union Coop (DFM:UNIONCOOP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Union Coop (DFM:UNIONCOOP) » Definitions » EBIT
Comparable Companies
SZSE:301519 SZSE:003027 SZSE:300867 SZSE:301305 SZSE:300958 SHSE:688087 SZSE:300692 SZSE:301372 SHSE:601200 SHSE:603903 TSE:8267 PHS:SM LIVEPOL1 JSE:SHP TSE:9005 BKK:CRC LSE:MKS XSGO:FALABELLA DDS XSGO:CENCOSUD
Traded in Other Exchanges
N/A
Address
The Tripoli Street, Al Warqa - 3, Dubai, ARE
Website
https://corporate.unioncoop.ae/ar/
Union Coop is engaged in establishing and managing hypermarkets in the United Arab Emirates. The company has 26 branches, and owns five shopping centers: Al Warqa City Mall, Etihad Mall, Al Barsha South Mall, Al Barsha South Mall and Nad Al Hamar Mall, and launched a chain of stores under the name of Coop, representing new concepts of shopping, as it includes four outlets in addition to one branch of the Mini Coop chain, and Union Coop is the first consumer cooperative in the Middle East to include the concept of smart shopping.

Union Coop (DFM:UNIONCOOP) Headlines

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