East African Portland Cement (NAI:PORT) EBIT: KES1,072 Mil (TTM As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NAI:PORT East African Portland Cement NAI:PORT
19 GF Score
Price KES109.00
View Full Analysis

What is East African Portland Cement EBIT?

East African Portland Cement NAI:PORT +0.46% 19 EBIT is KES1,072 Mil as of Jun. 2024. GuruFocus rates NAI:PORT with a GF Score™ of 19/100.

East African Portland Cement's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was KES1,072 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was KES1,072 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. East African Portland Cement's annualized ROC % for the quarter that ended in Jun. 2024 was -6.09%. East African Portland Cement's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 21.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. East African Portland Cement's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.46%.


East African Portland Cement  (NAI:PORT) EBIT Explanation

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

East African Portland Cement'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: Jun. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-1966.246 * ( 1 - 0.42% )/( (34262.79 + 30037.466)/ 2 )
=-1957.9877668/32150.128
=-6.09 %

where

Invested Capital(Q: Jun. 2023 )
=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))
=32780.931 - 10342.632 - ( 80.281 - max(0, 13556.384 - 1731.893+80.281))
=34262.79

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))
=35186.15 - 11239.569 - ( 20.758 - max(0, 12833.923 - 6743.038+20.758))
=30037.466

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

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

East African Portland Cement'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: Jun. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1071.973/( ( (5134.572 + max(-10367.906, 0)) + (4931.396 + max(-8721.861, 0)) )/ 2 )
=1071.973/( ( 5134.572 + 4931.396 )/ 2 )
=1071.973/5032.984
=21.30 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.21 + 873.595 + 333.853) - (10342.632 + 0 + 1245.932)
=-10367.906

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37.513 + 1171.049 + 2885.167) - (11239.569 + 0 + 1576.021)
=-8721.861

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2024) EBIT data.

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

East African Portland Cement's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=1071.973/10251.570
=10.46 %

* 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.


East African Portland Cement EBIT Related Terms


East African Portland Cement EBIT Historical Data

* Premium members only.

The historical data trend for East African Portland Cement'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.

East African Portland Cement EBIT Chart

East African Portland Cement Annual Data
Trend Jun11 Jun12 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only -1,202.42 7,468.73 600.51 -1,345.73 1,071.97

East African Portland Cement Semi-Annual Data
Jun11 Jun12 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only -1,202.42 7,468.73 600.51 -1,345.73 1,071.97

NAI:PORT vs CRH, MLM, VMC: EBIT Comparison

For the Building Materials subindustry, East African Portland Cement'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.


East African Portland Cement EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, East African Portland Cement's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where East African Portland Cement's EV-to-EBIT falls into.


NAI:PORT
19GF Score
East African Portland Cement NAI:PORT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

East African Portland Cement 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was KES1,072 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 KES1,072 Mil mean?
East African Portland Cement (NAI:PORT) has a EBIT of KES1,072 Mil as of Jun. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on East African Portland Cement.
Is East African Portland Cement's EBIT too high?
East African Portland Cement's current EBIT is KES1,072 Mil. Overall, East African Portland Cement has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does East African Portland Cement's EBIT compare to CRH and MLM?
East African Portland Cement's EBIT of KES1,072 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good EBIT depends on the Building Materials 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 East African Portland Cement. East African Portland Cement's current EBIT is KES1,072 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East African Portland Cement stock overvalued right now?
East African Portland Cement (NAI:PORT) has a current EBIT of KES1,072 Mil. The current EBIT is KES1,072 Mil. East African Portland Cement's overall GF Score™ is 19/100. 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 East African Portland Cement (NAI:PORT), the current EBIT is KES1,072 Mil as of Jun. 2024. 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.

East African Portland Cement Business Description

Address Namanga Road, Off Mombasa Road, P. O. Box 40101 - 00100, L R 337/113/1, Nairobi, KEN
East African Portland Cement is a Kenya based company engaged in the manufacturing of cement. The company serves many key areas, including housing, education, health, tourism, transport, and communication. Geographically, it operates through the region of the local market of Kenya and the regional market of East Africa, of which the local market of Kenya generates a majority of revenue. Its product portfolio includes PPC, Ordinary Portland Cement (OPC), and Paving Blocks.
19GF Score

Get the complete analysis for NAI:PORT

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KES109.00
Price