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United Capital (NSA:UCAP) EBIT : ₦41,780 Mil (TTM As of Sep. 2024)


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What is United Capital EBIT?

United Capital's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₦4,148 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₦41,780 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. United Capital's annualized ROC % for the quarter that ended in Sep. 2024 was 1.07%. United Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 972.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. United Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -44.69%.


United Capital EBIT Historical Data

The historical data trend for United Capital'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.

United Capital EBIT Chart

United Capital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 11,989.98 21,694.00 35,741.48 52,571.12 85,216.05

United Capital Quarterly Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
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 - 3,969.13 37,632.31 - 4,148.04

Competitive Comparison of United Capital's EBIT

For the Asset Management subindustry, United Capital'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.


United Capital's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, United Capital's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where United Capital's EV-to-EBIT falls into.


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United Capital 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦41,780 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.


United Capital  (NSA:UCAP) EBIT Explanation

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

United Capital's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=16592.156 * ( 1 - 14.74% )/( (1267438.74 + 1384496.068)/ 2 )
=14146.4722056/1325967.404
=1.07 %

where

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))
=1185628.479 - 77015.116 - ( 640441.111 - max(0, 815743.882 - 656918.505+640441.111))
=1267438.74

Invested Capital(Q: Sep. 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))
=1264241.416 - 39479.763 - ( 512693.193 - max(0, 783157.5 - 623423.085+512693.193))
=1384496.068

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

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

United Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16592.156/( ( (1600.527 + max(-789003.107, 0)) + (1810.913 + max(-648641.699, 0)) )/ 2 )
=16592.156/( ( 1600.527 + 1810.913 )/ 2 )
=16592.156/1705.72
=972.74 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16477.394 + 0 + 0) - (77015.116 + 0 + 728465.385)
=-789003.107

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(110729.892 + 0 + -1.1641532182693E-10) - (39479.763 + 0 + 719891.828)
=-648641.699

When net working capital is negative, 0 is used.

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

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

United Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=41780.346/-93485.315
=-44.69 %

* 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.


United Capital EBIT Related Terms

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United Capital Business Description

Traded in Other Exchanges
N/A
Address
97/105 Broad Street, 3rd & 4th Floor, Afriland Towers, Lagos Island, Lagos, NGA
United Capital PLC is a financial and investment services company. It is engaged in six business segments including Investment banking, Asset management, Wealth management, Trusteeship, Securities trading, Consumer finance services, and UCEE MF. It generates the majority of its revenue from the Investment banking segment which provides issuing houses, corporate investment advisory services, project finance, debt restructuring, mergers & acquisitions, and debt capital markets.

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