Al Mawarid Manpower Co (SAU:1833) EBIT : ﷼102 Mil (TTM As of Sep. 2024)

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What is Al Mawarid Manpower Co EBIT?

Al Mawarid Manpower Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ﷼21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ﷼102 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Al Mawarid Manpower Co's annualized ROC % for the quarter that ended in Sep. 2024 was 19.33%. Al Mawarid Manpower Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 33.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Al Mawarid Manpower Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.49%.

Al Mawarid Manpower Co EBIT Historical Data

The historical data trend for Al Mawarid Manpower 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 Mawarid Manpower Co EBIT Chart

Al Mawarid Manpower Co Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

67.98

85.29

101.08

Al Mawarid Manpower Co Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial								26.07	25.02	29.92	26.63	20.67

Competitive Comparison of Al Mawarid Manpower Co's EBIT

For the Staffing & Employment Services subindustry, Al Mawarid Manpower 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 Mawarid Manpower Co's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Al Mawarid Manpower Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Al Mawarid Manpower Co's EV-to-EBIT falls into.

Al Mawarid Manpower 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼102 Mil.

Al Mawarid Manpower Co (SAU:1833) EBIT Explanation

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

Al Mawarid Manpower Co'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 )
=	130.456 * ( 1 - 13.69% )	/	( (581.685	+	583.159)	/ 2 )
=	112.5965736	/	582.422
=	19.33 %

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	))
=	742.137	-	22.059	-	( 138.393	-	max(0, 260.548	-	588.633	+	138.393	))
=	581.685

	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	))
=	789.006	-	25.357	-	( 180.49	-	max(0, 307.321	-	633.531	+	180.49	))
=	583.159

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

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

Al Mawarid Manpower Co'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 )
=	82.696	/	( ( (61.107 + max(205.893, 0))	+	(66.009 + max(162.791, 0)) )	/	2 )
=	82.696	/	( ( 267	+	228.8 )	/	2 )
=	82.696	/	247.9
=	33.36 %

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)
=	(278.813	+	0	+	171.427)	-	(22.059	+	0	+	222.288)
=	205.893

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(272.467	+	0	+	180.574)	-	(25.357	+	0	+	264.893)
=	162.791

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:

Al Mawarid Manpower Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	102.239	/	1863.778
	=	5.49 %

Al Mawarid Manpower Co EBIT Related Terms

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Al Mawarid Manpower Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Al Mawarid Manpower Co (SAU:1833) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

7017 Ibn Warqa Street, P.O. Box 10370, Al-Rawdah District, Riyadh, SAU, 13211

Website

https://www.mawarid.com.sa

Al Mawarid Manpower Co is a Saudi closed joint stock company. The company is engaged in labor recruitment activities and the provision of manpower services in the Kingdom to corporate clients (in the public and private sectors) and individuals. The company operates in three reportable segments: Corporate Segment, Individual Segment, and Hourly Segment out of which Corporate Segment represents the majority revenue generated from corporate clients, mainly in connection with the following client industries: maintenance companies, restaurants, construction and contracting, transportation and hospitals.

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