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Lumi Rental Co (SAU:4262) EBIT : ﷼283 Mil (TTM As of Sep. 2024)


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What is Lumi Rental Co EBIT?

Lumi Rental Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ﷼76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ﷼283 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lumi Rental Co's annualized ROC % for the quarter that ended in Sep. 2024 was 8.40%. Lumi Rental Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lumi Rental Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.84%.

Lumi Rental Co EBIT Historical Data

The historical data trend for Lumi Rental 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.

Lumi Rental Co EBIT Chart

Lumi Rental Co Annual Data
Trend Dec22 Dec23
EBIT
169.88 229.18

Lumi Rental Co Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only 53.00 45.92 77.26 83.40 76.40

Competitive Comparison of Lumi Rental Co's EBIT

For the Rental & Leasing Services subindustry, Lumi Rental 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.

Lumi Rental Co's EV-to-EBIT Distribution in the Business Services Industry

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

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


Lumi Rental 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 ﷼283 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.

Lumi Rental Co  (SAU:4262) EBIT Explanation

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

Lumi Rental 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 )
=309.196 * ( 1 - 2.9% )/( (3567.077 + 3578.689)/ 2 )
=300.229316/3572.883
=8.40 %

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))
=3343.144 - 226.065 - ( 26.688 - max(0, 877.969 - 427.971+26.688))
=3567.077

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))
=3328.5 - 303.319 - ( 59.836 - max(0, 974.442 - 420.934+59.836))
=3578.689

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

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

Lumi Rental 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 )
=305.596/( ( (2913.614 + max(50.738, 0)) + (2898.335 + max(-28.567, 0)) )/ 2 )
=305.596/( ( 2964.352 + 2898.335 )/ 2 )
=305.596/2931.3435
=10.43 %

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)
=(311.984 + 1.373 + 0.0010000000000332) - (226.065 + 0 + 36.555)
=50.738

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(316.627 + 2.181 + -0.00099999999997635) - (303.319 + 0 + 44.055)
=-28.567

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=282.979/5846.266
=4.84 %

* 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.

Lumi Rental Co EBIT Related Terms

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Lumi Rental Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lumi Rental Co (SAU:4262) » Definitions » EBIT
Comparable Companies
SAU:4261 SAU:4260 SAU:9584 SAU:9577 URI LSE:AHT AER FTAI UHAL TSX:EFN R WSC BSP:RENT3 GATX XPAR:AYV AL HRI HKSE:02588 TSE:8439 XTER:SIX2
Traded in Other Exchanges
N/A
Address
Imam Saud bin Abdulaziz bin, P.O. Box 6477, Muhammad Street, Al-Taawun District, Riyadh, SAU, 12476
Website
https://www.lumirental.com
Lumi Rental Co is a Car rental company that offers lease services to corporate and Government sector clients, provides rentals through a network of Thirty airport and city branches across the Kingdom and via digital channels, and sells used vehicles reaching the end of their useful life. The company has three reportable segments which are Leasing includes Providing vehicles on long-term leases to corporate and government customers. Rental includes Providing vehicles on daily, weekly, and monthly rentals to walking and corporate customers, and used car sale provides the sale of vehicles that have completed their economical life as per management policy.

Lumi Rental Co Headlines

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