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Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) EBIT : KWD0.77 Mil (TTM As of Apr. 2024)


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What is Arkan Al-Kuwait Real Estate Co KSCC EBIT?

Arkan Al-Kuwait Real Estate Co KSCC's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2024 was KWD0.84 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2024 was KWD0.77 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arkan Al-Kuwait Real Estate Co KSCC's annualized ROC % for the quarter that ended in Apr. 2024 was 1.94%. Arkan Al-Kuwait Real Estate Co KSCC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was 16.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Arkan Al-Kuwait Real Estate Co KSCC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was 0.60%.


Arkan Al-Kuwait Real Estate Co KSCC EBIT Historical Data

The historical data trend for Arkan Al-Kuwait Real Estate Co KSCC'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.

Arkan Al-Kuwait Real Estate Co KSCC EBIT Chart

Arkan Al-Kuwait Real Estate Co KSCC Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.35 2.44 3.38 2.86 1.16

Arkan Al-Kuwait Real Estate Co KSCC Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.89 1.07 -1.86 0.72 0.84

Competitive Comparison of Arkan Al-Kuwait Real Estate Co KSCC's EBIT

For the Real Estate Services subindustry, Arkan Al-Kuwait Real Estate Co KSCC'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.


Arkan Al-Kuwait Real Estate Co KSCC's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arkan Al-Kuwait Real Estate Co KSCC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Arkan Al-Kuwait Real Estate Co KSCC's EV-to-EBIT falls into.



Arkan Al-Kuwait Real Estate Co KSCC 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0.77 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.


Arkan Al-Kuwait Real Estate Co KSCC  (KUW:ARKAN) EBIT Explanation

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

Arkan Al-Kuwait Real Estate Co KSCC's annualized ROC % for the quarter that ended in Apr. 2024 is calculated as:

ROC % (Q: Apr. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2024 ) + Invested Capital (Q: Apr. 2024 ))/ count )
=2.976 * ( 1 - 0% )/( (148.7 + 157.423)/ 2 )
=2.976/153.0615
=1.94 %

where

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

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

Arkan Al-Kuwait Real Estate Co KSCC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2024  Q: Apr. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.36/( ( (20.244 + max(-3.846, 0)) + (19.581 + max(-3.28, 0)) )/ 2 )
=3.36/( ( 20.244 + 19.581 )/ 2 )
=3.36/19.9125
=16.87 %

where Working Capital is:

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.09 + 0 + 0) - (4.936 + 0 + 0)
=-3.846

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.19 + 0 + -8.8817841970013E-16) - (4.47 + 0 + 0)
=-3.28

When net working capital is negative, 0 is used.

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

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

Arkan Al-Kuwait Real Estate Co KSCC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2024 )
=0.769/127.506
=0.60 %

* 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.


Arkan Al-Kuwait Real Estate Co KSCC EBIT Related Terms

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Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Business Description

Traded in Other Exchanges
N/A
Address
Alshuhadaa Street, P.O. Box 20678, Al Hamra Tower, 66th Floor, Sharq, Safat, Kuwait City, KWT, 13067
Arkan Al-Kuwait Real Estate Co KSCC is a real estate company that offers direct real estate investment and property management services. It is involved in the construction of Commercial and Residential projects. The firm offers consulting services, specialized investment studies, research, and feasibility reports. The company generates the majority of revenue from Rent.

Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Headlines

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