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Almunajem Foods (SAU:4162) EBIT : ﷼341 Mil (TTM As of Mar. 2024)


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What is Almunajem Foods EBIT?

Almunajem Foods's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ﷼122 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼341 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Almunajem Foods's annualized ROC % for the quarter that ended in Mar. 2024 was 48.46%. Almunajem Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 62.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Almunajem Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.28%.


Almunajem Foods EBIT Historical Data

The historical data trend for Almunajem Foods'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.

Almunajem Foods EBIT Chart

Almunajem Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
241.79 184.52 312.16 308.63

Almunajem Foods Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 89.94 62.98 67.33 88.38 122.22

Competitive Comparison of Almunajem Foods's EBIT

For the Food Distribution subindustry, Almunajem Foods'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.


Almunajem Foods's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Almunajem Foods's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Almunajem Foods's EV-to-EBIT falls into.



Almunajem Foods 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼341 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.


Almunajem Foods  (SAU:4162) EBIT Explanation

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

Almunajem Foods's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=468.94 * ( 1 - 5.61% )/( (817.789 + 1008.819)/ 2 )
=442.632466/913.304
=48.46 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=1564.757 - 498.04 - ( 248.928 - max(0, 546.871 - 1255.529+248.928))
=817.789

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))
=1739.285 - 548.86 - ( 181.606 - max(0, 610.301 - 1287.901+181.606))
=1008.819

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

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

Almunajem Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=488.88/( ( (307.713 + max(456.786, 0)) + (315.018 + max(493.315, 0)) )/ 2 )
=488.88/( ( 764.499 + 808.333 )/ 2 )
=488.88/786.416
=62.17 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(251.007 + 569.156 + 174.903) - (498.04 + 0 + 40.24)
=456.786

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(346.532 + 534.319 + 214.167) - (548.86 + 0 + 52.843)
=493.315

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Almunajem Foods's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=340.913/6460.345
=5.28 %

* 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.


Almunajem Foods EBIT Related Terms

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Almunajem Foods (SAU:4162) Business Description

Traded in Other Exchanges
N/A
Address
7510 Takhassusi Street, P O Box 1544, North Mathar, Riyadh, SAU, 11441
Almunajem Foods is a food company which is engaged in the importation, marketing, and distribution of frozen, chilled, and dry foodstuff. It serves over 18,000 customer outlets including retail, food services, and wholesale channels.

Almunajem Foods (SAU:4162) Headlines

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