Riyadh Cables Group Co (SAU:4142) EBIT : ﷼854 Mil (TTM As of Sep. 2024)

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What is Riyadh Cables Group Co EBIT?

Riyadh Cables Group Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ﷼280 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ﷼854 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Riyadh Cables Group Co's annualized ROC % for the quarter that ended in Sep. 2024 was 25.82%. Riyadh Cables Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 35.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Riyadh Cables Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.31%.

Riyadh Cables Group Co EBIT Historical Data

The historical data trend for Riyadh Cables Group 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.

Riyadh Cables Group Co EBIT Chart

Riyadh Cables Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

273.60

277.59

296.84

444.88

648.22

Riyadh Cables Group Co Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial										164.22	171.42	204.11	197.98	280.25

Competitive Comparison of Riyadh Cables Group Co's EBIT

For the Electrical Equipment & Parts subindustry, Riyadh Cables Group 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.

Riyadh Cables Group Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Riyadh Cables Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Riyadh Cables Group Co's EV-to-EBIT falls into.

Riyadh Cables Group 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 ﷼854 Mil.

Riyadh Cables Group Co (SAU:4142) EBIT Explanation

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

Riyadh Cables Group 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 )
=	1119.684 * ( 1 - 8.5% )	/	( (3938.827	+	3995.845)	/ 2 )
=	1024.51086	/	3967.336
=	25.82 %

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	))
=	5695.388	-	1587.46	-	( 169.101	-	max(0, 3154.147	-	4349.41	+	169.101	))
=	3938.827

	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	))
=	6212.08	-	1883.275	-	( 332.96	-	max(0, 3432.396	-	4819.293	+	332.96	))
=	3995.845

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

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

Riyadh Cables Group 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 )
=	1120.98	/	( ( (1207.615 + max(1920.427, 0))	+	(1297.344 + max(1871.436, 0)) )	/	2 )
=	1120.98	/	( ( 3128.042	+	3168.78 )	/	2 )
=	1120.98	/	3148.411
=	35.60 %

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)
=	(1742.6	+	2233.472	+	180.958)	-	(1587.46	+	0	+	649.143)
=	1920.427

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2020.922	+	2302.171	+	138.49)	-	(1883.275	+	0	+	706.872)
=	1871.436

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:

Riyadh Cables Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	853.747	/	19797.880
	=	4.31 %

Riyadh Cables Group Co EBIT Related Terms

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Riyadh Cables Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Riyadh Cables Group Co (SAU:4142) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Kharj Road Street No. 175, 3rd Lane Zone, D, 2nd industrial City, P.O.Box 26862, Riyadh, SAU, 11496

Website

https://www.riyadh-cables.com

Riyadh Cables Group Co manufactures and supplies all types of wire and cables at its state-of-art facilities. The company's products include Wires, Low Voltage Cables (LV), Medium Voltage Cables (MV), High & Extra High Voltage Cables (HV/EHV), Overhead Lines Conductors Cables (OHL), Instrumentation & Control Cables, Renewable Energy Cables, and Fiber Optic & Telephone Cables. The company operates in three segments, Cable & Wires segment includes Electrical cables, the HV Project segment includes Turnkey projects, and the Other segments include Telephone cables & services. The majority of revenue is generated from Cable & Wires segment.

Riyadh Cables Group Co Headlines

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