Al Yamamah Steel Industries Co (SAU:1304) EBIT : ﷼119 Mil (TTM As of Jun. 2024)

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What is Al Yamamah Steel Industries Co EBIT?

Al Yamamah Steel Industries Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ﷼27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼119 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Al Yamamah Steel Industries Co's annualized ROC % for the quarter that ended in Jun. 2024 was 4.42%. Al Yamamah Steel Industries Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Al Yamamah Steel Industries Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 4.61%.

Al Yamamah Steel Industries Co EBIT Historical Data

The historical data trend for Al Yamamah Steel Industries 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 Yamamah Steel Industries Co EBIT Chart

Al Yamamah Steel Industries Co Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

EBIT

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-11.49

111.83

282.02

22.20

-91.88

Al Yamamah Steel Industries 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															-42.65	-5.98	50.32	48.25	26.73

Competitive Comparison of Al Yamamah Steel Industries Co's EBIT

For the Steel subindustry, Al Yamamah Steel Industries 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 Yamamah Steel Industries Co's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Al Yamamah Steel Industries Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Al Yamamah Steel Industries Co's EV-to-EBIT falls into.

Al Yamamah Steel Industries 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 ﷼119 Mil.

Al Yamamah Steel Industries Co (SAU:1304) EBIT Explanation

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

Al Yamamah Steel Industries 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 )
=	103.308 * ( 1 - 28.77% )	/	( (1710.622	+	1621.383)	/ 2 )
=	73.5862884	/	1666.0025
=	4.42 %

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	))
=	1951.878	-	139.838	-	( 101.418	-	max(0, 1092.149	-	1326.696	+	101.418	))
=	1710.622

	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	))
=	1867.288	-	122.404	-	( 123.501	-	max(0, 988.599	-	1246.869	+	123.501	))
=	1621.383

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 Yamamah Steel Industries 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 )
=	106.928	/	( ( (621.448 + max(961.773, 0))	+	(616.911 + max(922.284, 0)) )	/	2 )
=	106.928	/	( ( 1583.221	+	1539.195 )	/	2 )
=	106.928	/	1561.208
=	6.85 %

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)
=	(448.084	+	733.787	+	0)	-	(139.838	+	0	+	80.26)
=	961.773

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(376.654	+	730.448	+	0)	-	(122.404	+	0	+	62.414)
=	922.284

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 Yamamah Steel Industries Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	119.32	/	2589.171
	=	4.61 %

Al Yamamah Steel Industries Co EBIT Related Terms

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Al Yamamah Steel Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Al Yamamah Steel Industries Co (SAU:1304) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

6th Floor, Building 2, Office No. 6201, P.O. Box 55303, Aqaria Asteen, Riyadh, SAU, 11583

Website

http://www.yamsteel.com

Al Yamamah Steel Industries Co is a manufacturer of tubes, pipes and hollow shapes from iron, metal structures and their parts for bridges and towers, poles and their parts, including poles, lighting cabins, traffic lights, etc. and installation of prefabricated steel structures for industrial facilities. The company produces and sells steel welded tubes, steel sheets, steel reinforcement bars, and three-dimension space structures. The company's operating segments include Construction and Electric. It generates maximum revenue from the Construction segment.

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