Effect Real Estate Company (KUW:EFFECT) EBIT : KWD0.00 Mil (TTM As of Apr. 2019)

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What is Effect Real Estate Company EBIT?

Effect Real Estate Company's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2019 was KWD0.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2019 was KWD0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Effect Real Estate Company's annualized ROC % for the quarter that ended in Apr. 2019 was 0.56%. Effect Real Estate Company's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2019 was 2.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Effect Real Estate Company's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2019 was 0.00%.

Effect Real Estate Company EBIT Historical Data

The historical data trend for Effect Real Estate Company'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.

Effect Real Estate Company EBIT Chart

Effect Real Estate Company Annual Data

Trend

Jan07

Jan08

Jan09

Jan10

Jan11

Jan12

Jan17

Jan18

Jan19

EBIT

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-6.46

2.35

-0.07

-0.02

0.01

Effect Real Estate Company Quarterly Data
	Mar12	Jun12	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19
EBIT	Get a 7-Day Free Trial								0.01	-	-	-0.01	0.01

Competitive Comparison of Effect Real Estate Company's EBIT

For the Real Estate - Development subindustry, Effect Real Estate Company'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.

Effect Real Estate Company's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Effect Real Estate Company's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Effect Real Estate Company's EV-to-EBIT falls into.

Effect Real Estate Company 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0.00 Mil.

Effect Real Estate Company (KUW:EFFECT) EBIT Explanation

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

Effect Real Estate Company's annualized ROC % for the quarter that ended in Apr. 2019 is calculated as:

	ROC % (Q: Apr. 2019 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jan. 2019 )	+	Invested Capital (Q: Apr. 2019 ))	/ count )
=	0.028 * ( 1 - 2.78% )	/	( (4.925	+	4.806)	/ 2 )
=	0.0272216	/	4.8655
=	0.56 %

where

	Invested Capital		(Q: Jan. 2019 )
=	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	))
=	6.029	-	0.025	-	( 1.185	-	max(0, 0.145	-	1.224	+	1.185	))
=	4.925

	Invested Capital		(Q: Apr. 2019 )
=	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	))
=	6.144	-	0.152	-	( 1.287	-	max(0, 0.152	-	1.338	+	1.287	))
=	4.806

Note: The Operating Income data used here is four times the quarterly (Apr. 2019) data.

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

Effect Real Estate Company's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2019 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Apr. 2019 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jan. 2019		Q: Apr. 2019
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.028	/	( ( (0 + max(-0.106, 0))	+	(2.28 + max(-0.101, 0)) )	/	2 )
=	0.028	/	( ( 0	+	2.28 )	/	2 )
=	0.028	/	1.14
=	2.46 %

where Working Capital is:

	Working Capital		(Q: Jan. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.039)	-	(0.025	+	0	+	0.12)
=	-0.106

	Working Capital		(Q: Apr. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.051	+	0	+	2.2204460492503E-16)	-	(0.152	+	0	+	0)
=	-0.101

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2019) EBIT data.

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

Effect Real Estate Company's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Apr. 2019 )
	=	0	/	1.690
	=	0.00 %

Effect Real Estate Company EBIT Related Terms

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Effect Real Estate Company (KUW:EFFECT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Effect Real Estate Company (KUW:EFFECT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beirut Street, Al-Safat Group Headquarters. P.O. Box 20153, Opposite Sultan Center, Safat, Hawalli, KWT, 13062

Website

http://www.effectrealestate.com

Effect Real Estate Company operates as a real estate development company in Kuwait. The company engages in owning, buying, selling and developing and managing real estate. Its activities include owning, purchasing and selling real estate properties and lands, and developing same in favor of the company inside and outside of the State of Kuwait. The operating segments of the group are Real estate and Investment management.

Effect Real Estate Company (KUW:EFFECT) Headlines

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