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First Investment Company (K.S.C.C.) (KUW:ALOLA) EBIT : KWD3.09 Mil (TTM As of Sep. 2024)


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What is First Investment Company (K.S.C.C.) EBIT?

First Investment Company (K.S.C.C.)'s earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was KWD0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was KWD3.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. First Investment Company (K.S.C.C.)'s annualized ROC % for the quarter that ended in Sep. 2024 was -7.00%. First Investment Company (K.S.C.C.)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. First Investment Company (K.S.C.C.)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -11.30%.


First Investment Company (K.S.C.C.) EBIT Historical Data

The historical data trend for First Investment Company (K.S.C.C.)'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.

First Investment Company (K.S.C.C.) EBIT Chart

First Investment Company (K.S.C.C.) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.63 -0.91 -0.78 -22.16 0.57

First Investment Company (K.S.C.C.) Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.10 0.67 0.09 2.32 0.01

Competitive Comparison of First Investment Company (K.S.C.C.)'s EBIT

For the Asset Management subindustry, First Investment Company (K.S.C.C.)'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.


First Investment Company (K.S.C.C.)'s EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Investment Company (K.S.C.C.)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where First Investment Company (K.S.C.C.)'s EV-to-EBIT falls into.


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First Investment Company (K.S.C.C.) 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD3.09 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.


First Investment Company (K.S.C.C.)  (KUW:ALOLA) EBIT Explanation

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

First Investment Company (K.S.C.C.)'s annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-2.42 * ( 1 - 0% )/( (37.927 + 31.246)/ 2 )
=-2.42/34.5865
=-7.00 %

where

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

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

First Investment Company (K.S.C.C.)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.056/( ( (2.199 + max(0.624, 0)) + (2.137 + max(0.662, 0)) )/ 2 )
=0.056/( ( 2.823 + 2.799 )/ 2 )
=0.056/2.811
=1.99 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.334 + 0.29) - (0 + 0 + 0)
=0.624

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.372 + 0.29) - (0 + 0 + 0)
=0.662

When net working capital is negative, 0 is used.

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

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

First Investment Company (K.S.C.C.)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=3.093/-27.382
=-11.30 %

* 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.


First Investment Company (K.S.C.C.) EBIT Related Terms

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First Investment Company (K.S.C.C.) Business Description

Traded in Other Exchanges
N/A
Address
Al Hamra Tower, AI Shahada Street, Floor 68, Sharq Area, Kuwait City, KWT, 13063
First Investment Company (K.S.C.C.) is a provider of investment and financial services in Kuwait. The company's activities include financial brokerage activities, securities trading transitions including buying and selling stocks and bonds of governmental and non-governmental agencies and companies. It invests in Agriculture, Oil & Oil Products, Manufacturing, Utilities, Construction, Services Sectors, Trade, Hotels, Transport, Finance, Real Estate, and Social and Personal services sector. The Company is organized into four business segments which are real estate, financial, services and others. The company operates in Kuwait, Kingdom of Saudi Arabia, and Others geographical areas with the majority of the revenue deriving from Kuwait.

First Investment Company (K.S.C.C.) Headlines

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