Al Sharqiya Investment Holding Co (MUS:SIHC) EBIT : ر.ع0.84 Mil (TTM As of Jun. 2024)

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What is Al Sharqiya Investment Holding Co EBIT?

Al Sharqiya Investment Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ر.ع0.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ر.ع0.84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Al Sharqiya Investment Holding Co's annualized ROC % for the quarter that ended in Jun. 2024 was -1.61%. Al Sharqiya Investment Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 43.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Al Sharqiya Investment Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.11%.

Al Sharqiya Investment Holding Co EBIT Historical Data

The historical data trend for Al Sharqiya Investment Holding Co'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.

Al Sharqiya Investment Holding Co EBIT Chart

Al Sharqiya Investment Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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0.77

0.79

0.73

0.75

Al Sharqiya Investment Holding Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
EBIT	Get a 7-Day Free Trial															0.12	0.06	0.31	0.37	0.10

Competitive Comparison of Al Sharqiya Investment Holding Co's EBIT

For the Real Estate Services subindustry, Al Sharqiya Investment Holding Co'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.

Al Sharqiya Investment Holding Co's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Al Sharqiya Investment Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Al Sharqiya Investment Holding Co's EV-to-EBIT falls into.

Al Sharqiya Investment Holding Co 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع0.84 Mil.

Al Sharqiya Investment Holding Co (MUS:SIHC) EBIT Explanation

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

Al Sharqiya Investment Holding Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2024 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-0.436 * ( 1 - 38.78% )	/	( (16.723	+	16.534)	/ 2 )
=	-0.2669192	/	16.6285
=	-1.61 %

where

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	18.482	-	0.062	-	( 1.697	-	max(0, 0.181	-	3.479	+	1.697	))
=	16.723

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	18.681	-	0.04	-	( 2.107	-	max(0, 0.132	-	2.754	+	2.107	))
=	16.534

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

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

Al Sharqiya Investment Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2024		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.38	/	( ( (0.267 + max(0.81, 0))	+	(0.264 + max(0.391, 0)) )	/	2 )
=	0.38	/	( ( 1.077	+	0.655 )	/	2 )
=	0.38	/	0.866
=	43.88 %

where Working Capital is:

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.961)	-	(0.062	+	0	+	0.089)
=	0.81

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.494)	-	(0.04	+	0	+	0.063)
=	0.391

When net working capital is negative, 0 is used.

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

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

Al Sharqiya Investment Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	0.836	/	7.528
	=	11.11 %

Al Sharqiya Investment Holding Co EBIT Related Terms

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Al Sharqiya Investment Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al Sharqiya Investment Holding Co (MUS:SIHC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Harthy Complex, P.O. Box 47, Muscat, OMN, 118

Website

https://www.asharqiya.com

Al Sharqiya Investment Holding Co is an investment company. It is engaged in the real estate investment and development and the leasing and maintenance of real estate properties. The business of the group functions through Investments Segment, which derives the key revenue and Leasing Segment. Geographically all the activities function through the regions of the Sultanate of Oman.

Al Sharqiya Investment Holding Co Headlines

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