AlJazira Mawten (REIT) (SAU:4331) EBIT : ﷼3.39 Mil (TTM As of Jun. 2024)

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What is AlJazira Mawten (REIT) EBIT?

AlJazira Mawten (REIT)'s earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was ﷼1.87 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼3.39 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AlJazira Mawten (REIT)'s annualized ROC % for the quarter that ended in Jun. 2024 was 4.04%. AlJazira Mawten (REIT)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AlJazira Mawten (REIT)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1.88%.

AlJazira Mawten (REIT) EBIT Historical Data

The historical data trend for AlJazira Mawten (REIT)'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.

AlJazira Mawten (REIT) EBIT Chart

AlJazira Mawten (REIT) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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3.67

-1.92

2.41

3.05

3.29

AlJazira Mawten (REIT) Semi-Annual Data
	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial									1.74	1.32	1.76	1.52	1.87

Competitive Comparison of AlJazira Mawten (REIT)'s EBIT

For the REIT - Industrial subindustry, AlJazira Mawten (REIT)'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.

AlJazira Mawten (REIT)'s EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AlJazira Mawten (REIT)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where AlJazira Mawten (REIT)'s EV-to-EBIT falls into.

AlJazira Mawten (REIT) 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼3.39 Mil.

AlJazira Mawten (REIT) (SAU:4331) EBIT Explanation

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

AlJazira Mawten (REIT)'s annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	3.732 * ( 1 - 0% )	/	( (91.491	+	93.184)	/ 2 )
=	3.732	/	92.3375
=	4.04 %

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	))
=	90.587	-	0	-	( 1.284	-	max(0, 2.577	-	1.673	+	1.284	))
=	91.491

	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	))
=	94.771	-	0	-	( 2.291	-	max(0, 1.595	-	3.182	+	2.291	))
=	93.184

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

AlJazira Mawten (REIT)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	3.732	/	( ( (0 + max(-2.43, 0))	+	(0 + max(-1.158, 0)) )	/	2 )
=	3.732	/	( ( 0	+	0 )	/	2 )
=	3.732	/	0
=	%

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)
=	(0.064	+	0	+	0.083)	-	(0	+	0	+	2.577)
=	-2.43

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.267	+	0	+	0.17)	-	(0	+	0	+	1.595)
=	-1.158

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

AlJazira Mawten (REIT)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	3.39	/	180.373
	=	1.88 %

AlJazira Mawten (REIT) EBIT Related Terms

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AlJazira Mawten (REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AlJazira Mawten (REIT) (SAU:4331) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahd Road, P.O. Box 20438, Al Riyadh, SAU, 11455

Website

https://www.aljaziracapital.com.sa

AlJazira Mawten (REIT) is a Shariah-compliant real estate investment traded fund. The main investment objective of the fund is to invest in structurally developed real estate that generates periodic income and has invested mainly in warehouses in Jeddah.

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