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SEDCO Capital REIT Fund (SAU:4344) EBIT : ﷼104.5 Mil (TTM As of Jun. 2024)


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What is SEDCO Capital REIT Fund EBIT?

SEDCO Capital REIT Fund's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was ﷼53.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼104.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SEDCO Capital REIT Fund's annualized ROC % for the quarter that ended in Jun. 2024 was 4.71%. SEDCO Capital REIT Fund's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 632.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SEDCO Capital REIT Fund's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 4.84%.


SEDCO Capital REIT Fund EBIT Historical Data

The historical data trend for SEDCO Capital REIT Fund'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.

SEDCO Capital REIT Fund EBIT Chart

SEDCO Capital REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 44.78 33.85 38.41 80.85 96.19

SEDCO Capital REIT Fund Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 40.80 40.05 45.24 50.95 53.59

Competitive Comparison of SEDCO Capital REIT Fund's EBIT

For the REIT - Diversified subindustry, SEDCO Capital REIT Fund'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.


SEDCO Capital REIT Fund's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, SEDCO Capital REIT Fund's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SEDCO Capital REIT Fund's EV-to-EBIT falls into.


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SEDCO Capital REIT Fund 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 ﷼104.5 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.


SEDCO Capital REIT Fund  (SAU:4344) EBIT Explanation

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

SEDCO Capital REIT Fund'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 )
=107.174 * ( 1 - 0% )/( (2277.226 + 2276.365)/ 2 )
=107.174/2276.7955
=4.71 %

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))
=2384.375 - 49.427 - ( 58.694 - max(0, 68.902 - 126.624+58.694))
=2277.226

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))
=2369.285 - 38.243 - ( 54.677 - max(0, 57.524 - 133.842+54.677))
=2276.365

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:

SEDCO Capital REIT Fund'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 )
=107.174/( ( (0 + max(4.945, 0)) + (0 + max(28.938, 0)) )/ 2 )
=107.174/( ( 4.945 + 28.938 )/ 2 )
=107.174/16.9415
=632.61 %

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)
=(63.149 + 0 + -0.0010000000000048) - (49.427 + 0 + 8.776)
=4.945

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(75.712 + 0 + 0) - (38.243 + 0 + 8.531)
=28.938

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:

SEDCO Capital REIT Fund's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=104.536/2160.973
=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.


SEDCO Capital REIT Fund EBIT Related Terms

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SEDCO Capital REIT Fund Business Description

Traded in Other Exchanges
N/A
Address
King Abdulaziz (Malik) Road, P.O. Box 13396, South Tower of the Red Sea Mall, Jeddah, SAU, 21491
SEDCO Capital REIT Fund is an closed-ended shariah real estate investment fund. Its activities include Dealing, Arranging, Managing, Advising and Custody.Its objective is to provide rental income to its Unitholders mainly in developed properties.

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