Taiba Kuwaiti Holding Co KSC (KUW:TAIBA) EBIT: KWD149.6 Mil (TTM As of Sep. 2014)


What is Taiba Kuwaiti Holding Co KSC EBIT?

Taiba Kuwaiti Holding Co KSC KUW:TAIBA EBIT is KWD149.6 Mil as of Sep. 2014.

Taiba Kuwaiti Holding Co KSC's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2014 was KWD69.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2014 was KWD149.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Taiba Kuwaiti Holding Co KSC's annualized ROC % for the quarter that ended in Sep. 2014 was 34.17%. Taiba Kuwaiti Holding Co KSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2014 was 5,841.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Taiba Kuwaiti Holding Co KSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2014 was 306.91%.

Taiba Kuwaiti Holding Co KSC  (KUW:TAIBA) EBIT Explanation

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

Taiba Kuwaiti Holding Co KSC's annualized ROC % for the quarter that ended in Sep. 2014 is calculated as:

ROC % (Q: Sep. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2014 ) + Invested Capital (Q: Sep. 2014 ))/ count )
=278.552 * ( 1 - 0% )/( (643.556 + 986.698)/ 2 )
=278.552/815.127
=34.17 %

where

Invested Capital(Q: Jun. 2014 )
=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))
=1327.984 - 776.608 - ( 515.272 - max(0, 776.608 - 684.428+515.272))
=643.556

Invested Capital(Q: Sep. 2014 )
=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))
=1505.717 - 935.268 - ( 496.353 - max(0, 1134.676 - 718.427+496.353))
=986.698

Note: The Operating Income data used here is four times the quarterly (Sep. 2014) data.

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

Taiba Kuwaiti Holding Co KSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2014 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2014 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2014  Q: Sep. 2014
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=278.552/( ( (4.676 + max(-607.452, 0)) + (4.861 + max(-713.194, 0)) )/ 2 )
=278.552/( ( 4.676 + 4.861 )/ 2 )
=278.552/4.7685
=5,841.50 %

where Working Capital is:

Working Capital(Q: Jun. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 169.156) - (776.608 + 0 + 0)
=-607.452

Working Capital(Q: Sep. 2014 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 222.074) - (935.268 + 0 + 0)
=-713.194

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2014) EBIT data.

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

Taiba Kuwaiti Holding Co KSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2014 )
=149.618/48.750
=306.91 %

* 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.

Taiba Kuwaiti Holding Co KSC EBIT Related Terms

Taiba Kuwaiti Holding Co KSC EBIT Historical Data

* Premium members only.

The historical data trend for Taiba Kuwaiti Holding Co KSC'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.

Taiba Kuwaiti Holding Co KSC EBIT Chart

Taiba Kuwaiti Holding Co KSC Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
EBIT
33.32 -22.66 -4.55 -2.22 1.69

Taiba Kuwaiti Holding Co KSC Quarterly Data
Mar12 Jun12 Sep12 Jun13 Sep13 Jun14 Sep14
EBIT Get a 7-Day Free Trial -1.35 66.91 26.04 79.98 69.64

Taiba Kuwaiti Holding Co KSC EBIT Competitor Comparison

For the Credit Services subindustry, Taiba Kuwaiti Holding Co KSC'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.

Taiba Kuwaiti Holding Co KSC EV-to-EBIT vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Taiba Kuwaiti Holding Co KSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Taiba Kuwaiti Holding Co KSC's EV-to-EBIT falls into.


Taiba Kuwaiti Holding Co KSC 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD149.6 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of KWD149.6 Mil mean?
Taiba Kuwaiti Holding Co KSC (KUW:TAIBA) has a EBIT of KWD149.6 Mil as of Sep. 2014. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Taiba Kuwaiti Holding Co KSC.
Is Taiba Kuwaiti Holding Co KSC's EBIT too high?
Taiba Kuwaiti Holding Co KSC's current EBIT is KWD149.6 Mil.
How does Taiba Kuwaiti Holding Co KSC's EBIT compare to competitors?
Taiba Kuwaiti Holding Co KSC's EBIT of KWD149.6 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Credit Services company?
A good EBIT depends on the Credit Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Taiba Kuwaiti Holding Co KSC. Taiba Kuwaiti Holding Co KSC's current EBIT is KWD149.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiba Kuwaiti Holding Co KSC stock overvalued right now?
Taiba Kuwaiti Holding Co KSC (KUW:TAIBA) has a current EBIT of KWD149.6 Mil. The current EBIT is KWD149.6 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Taiba Kuwaiti Holding Co KSC (KUW:TAIBA), the current EBIT is KWD149.6 Mil as of Sep. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Taiba Kuwaiti Holding Co KSC Business Description

Comparable Companies KUW:ARZANKUW:FACIL
Taiba Kuwaiti Holding Co operates as an investment holding company. It holds shares of other companies, extends loans to investee companies, provides guarantees for third parties and acquires industrial trademarks, among others.