GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tanmiah Food Co (SAU:2281) » Definitions » EBIT

Tanmiah Food Co (SAU:2281) EBIT : ﷼165 Mil (TTM As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Tanmiah Food Co EBIT?

Tanmiah Food Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ﷼49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ﷼165 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tanmiah Food Co's annualized ROC % for the quarter that ended in Sep. 2024 was 10.44%. Tanmiah Food Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tanmiah Food Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.76%.


Tanmiah Food Co EBIT Historical Data

The historical data trend for Tanmiah Food 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.

Tanmiah Food Co EBIT Chart

Tanmiah Food Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
92.25 -0.45 97.79 119.12

Tanmiah Food Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 31.23 31.42 39.79 43.86 49.47

Competitive Comparison of Tanmiah Food Co's EBIT

For the Packaged Foods subindustry, Tanmiah Food 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.


Tanmiah Food Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tanmiah Food Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tanmiah Food Co's EV-to-EBIT falls into.



Tanmiah Food 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 ﷼165 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.


Tanmiah Food Co  (SAU:2281) EBIT Explanation

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

Tanmiah Food 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 )
=203.864 * ( 1 - 13.48% )/( (1545.466 + 1833.365)/ 2 )
=176.3831328/1689.4155
=10.44 %

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))
=2299.733 - 654.153 - ( 100.114 - max(0, 881.39 - 1138.292+100.114))
=1545.466

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))
=2575.059 - 607.444 - ( 134.25 - max(0, 938.171 - 1270.661+134.25))
=1833.365

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

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

Tanmiah Food 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 )
=197.884/( ( (1070.527 + max(135.657, 0)) + (1211.926 + max(206.975, 0)) )/ 2 )
=197.884/( ( 1206.184 + 1418.901 )/ 2 )
=197.884/1312.5425
=15.08 %

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)
=(304.717 + 493.772 + 0) - (654.153 + 0 + 8.679)
=135.657

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(307.69 + 518.865 + -0.00099999999997635) - (607.444 + 0 + 12.135)
=206.975

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:

Tanmiah Food Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=164.541/3454.776
=4.76 %

* 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.


Tanmiah Food Co EBIT Related Terms

Thank you for viewing the detailed overview of Tanmiah Food Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Tanmiah Food Co Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road, Ar Rahmaniyah, Riyadh, SAU, 12341
Tanmiah Food Co produces and markets ready-to-cook, ready-to-eat, and bespoke poultry, turkey, and beef products. Its Business is engaged in Food and Agriculture and the Construction of poultry farms. The Food and Agriculture business includes manufacturing, wholesale, and retail trading in foodstuff, and preparation of animal and poultry feeds for commercial purposes. It also undertakes the construction of poultry farms, retail and wholesale trading in poultry equipment, and restaurant outlets with related services. Geographically it operates in the Kingdom of Saudi Arabia, the Kingdom of Bahrain, UAE, and other GCC countries out of which it earns key revenue from domestic sales.

Tanmiah Food Co Headlines

No Headlines