Saudi Steel Pipe Co (SAU:1320) EBIT: ﷼312 Mil (TTM As of Mar. 2026)

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SAU:1320 Saudi Steel Pipe Co SAU:1320
87 GF Score
Price ﷼47.90
GF Value ﷼51.56
Valuation Fairly Valued
! 4 Warning Signs
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What is Saudi Steel Pipe Co EBIT?

Saudi Steel Pipe Co SAU:1320 -2.14% 87 EBIT is ﷼312 Mil as of Mar. 2026. GuruFocus rates SAU:1320 with a GF Score™ of 87/100 and a GF Value™ of ﷼51.56 (Fairly Valued). The stock has 4 warning signs investors should review.

Saudi Steel Pipe Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ﷼88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ﷼312 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Saudi Steel Pipe Co's annualized ROC % for the quarter that ended in Mar. 2026 was 24.52%. Saudi Steel Pipe Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Saudi Steel Pipe Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.36%.


Saudi Steel Pipe Co  (SAU:1320) EBIT Explanation

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

Saudi Steel Pipe Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=347.32 * ( 1 - 5.94% )/( (1299.743 + 1365.392)/ 2 )
=326.689192/1332.5675
=24.52 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=1729.374 - 195.388 - ( 234.243 - max(0, 512.74 - 893.539+234.243))
=1299.743

Invested Capital(Q: Mar. 2026 )
=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))
=1640.91 - 161.717 - ( 113.801 - max(0, 341.023 - 800.085+113.801))
=1365.392

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Saudi Steel Pipe Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=352.976/( ( (824.512 + max(419.432, 0)) + (830.255 + max(487.564, 0)) )/ 2 )
=352.976/( ( 1243.944 + 1317.819 )/ 2 )
=352.976/1280.8815
=27.56 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(251.148 + 408.148 + 0) - (195.388 + 0 + 44.476)
=419.432

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(271.401 + 390.802 + 17.535) - (161.717 + 0 + 30.457)
=487.564

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=311.751/2745.008
=11.36 %

* 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.


Saudi Steel Pipe Co EBIT Related Terms


Saudi Steel Pipe Co EBIT Historical Data

* Premium members only.

The historical data trend for Saudi Steel Pipe 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.

Saudi Steel Pipe Co EBIT Chart

Saudi Steel Pipe Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.53 75.94 257.07 298.18 304.67

Saudi Steel Pipe Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only 81.68 106.25 47.28 69.97 88.24

SAU:1320 vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Saudi Steel Pipe 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.


Saudi Steel Pipe Co EV-to-EBIT vs Steel Industry

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

* The bar in red indicates where Saudi Steel Pipe Co's EV-to-EBIT falls into.


SAU:1320
87GF Score
Saudi Steel Pipe Co SAU:1320
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saudi Steel Pipe 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼312 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 ﷼312 Mil mean?
Saudi Steel Pipe Co (SAU:1320) has a EBIT of ﷼312 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Saudi Steel Pipe Co.
Is Saudi Steel Pipe Co's EBIT too high?
Saudi Steel Pipe Co's current EBIT is ﷼312 Mil. Overall, Saudi Steel Pipe Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saudi Steel Pipe Co's EBIT compare to NUE and STLD?
Saudi Steel Pipe Co's EBIT of ﷼312 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Saudi Steel Pipe Co. Saudi Steel Pipe Co's current EBIT is ﷼312 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Steel Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Steel Pipe Co (SAU:1320) is currently considered Fairly Valued. The stock's GF Value™ is ﷼51.56, compared to a current price of ﷼47.90 — trading 7.1% below its estimated fair value. The current EBIT is ﷼312 Mil. Saudi Steel Pipe Co's overall GF Score™ is 87/100 with 4 warning signs to review. 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 Saudi Steel Pipe Co (SAU:1320), the current EBIT is ﷼312 Mil as of Mar. 2026. 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.

Is Saudi Steel Pipe Co (SAU:1320) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Steel Pipe Co stock appears to be undervalued. The current stock price of ﷼47.90 is trading 7.1% below its estimated GF Value™ of ﷼51.56. GuruFocus considers Saudi Steel Pipe Co to be Fairly Valued.

Key valuation signals for SAU:1320:

  • EBIT: ﷼312 Mil
  • GF Value™: ﷼51.56 vs. price of ﷼47.90 (7.1% below fair value)
  • GF Score™: 87/100 with 4 warning signs

No single metric tells the full story. See the SAU:1320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saudi Steel Pipe Co Business Description

Address P.O.Box 11680, Dammam, SAU, 31463
Saudi Steel Pipe Co is a Saudi Arabian company engaged in the manufacturing of steel pipes. The group operates in single segment, being the Steel pipes segment which provides galvanized and non-galvanized steel pipes, square and rectangular pipes used in petroleum, gas, water, and construction sectors. The company has a market presence in two segments namely Saudi Arabia and Other countries with the majority of the revenue generated from Saudi Arabia.
87GF Score

Get the complete analysis for SAU:1320

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

﷼47.90
Price
﷼51.56
GF Value