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Saudi Parts Center Co (SAU:9533) EBIT : ﷼6.7 Mil (TTM As of Jun. 2024)


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What is Saudi Parts Center Co EBIT?

Saudi Parts Center Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was ﷼1.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼6.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Saudi Parts Center Co's annualized ROC % for the quarter that ended in Jun. 2024 was 3.29%. Saudi Parts Center Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Saudi Parts Center Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.28%.

Saudi Parts Center Co EBIT Historical Data

The historical data trend for Saudi Parts Center 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.

Saudi Parts Center Co EBIT Chart

Saudi Parts Center Co Annual Data
Trend Dec21 Dec22 Dec23
EBIT
6.90 8.70 8.67

Saudi Parts Center Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial 3.47 5.23 3.50 5.18 1.56

Competitive Comparison of Saudi Parts Center Co's EBIT

For the Auto Parts subindustry, Saudi Parts Center 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.

Saudi Parts Center Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Saudi Parts Center Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Saudi Parts Center Co's EV-to-EBIT falls into.


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Saudi Parts Center 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼6.7 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.

Saudi Parts Center Co  (SAU:9533) EBIT Explanation

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

Saudi Parts Center Co'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 )
=3.968 * ( 1 - 46.63% )/( (61.013 + 67.729)/ 2 )
=2.1177216/64.371
=3.29 %

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))
=81.896 - 19.73 - ( 1.153 - max(0, 25.361 - 69.603+1.153))
=61.013

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))
=105.238 - 31.252 - ( 6.257 - max(0, 48.12 - 89.276+6.257))
=67.729

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:

Saudi Parts Center Co'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 )
=3.126/( ( (12.293 + max(43.771, 0)) + (15.962 + max(46.419, 0)) )/ 2 )
=3.126/( ( 56.064 + 62.381 )/ 2 )
=3.126/59.2225
=5.28 %

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)
=(15.181 + 49.678 + 3.243) - (19.73 + 0 + 4.601)
=43.771

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.176 + 56.02 + 9.229) - (31.252 + 0 + 4.754)
=46.419

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:

Saudi Parts Center Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=6.74/205.499
=3.28 %

* 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.

Saudi Parts Center Co EBIT Related Terms

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Saudi Parts Center Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Saudi Parts Center Co (SAU:9533) » Definitions » EBIT
Comparable Companies
SAU:9624 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XKRX:012330 GPC XTER:KBX XTER:CON SHSE:601689 APTV TSE:5802 MBLY NSE:MOTHERSON LKQ XTER:HLE BOM:500530 TSX:MG SZSE:002920 TSE:7259
Traded in Other Exchanges
N/A
Address
8592 King Fahd Branch Road, Tulip Tower, Al Olaya, Riyadh, SAU, 12333
Website
https://www.spc-parts.com
Saudi Parts Center Co is engaged in repair and maintenance of engines, electric generators and steam generators, wholesale and retail trading of spare parts of truck and heavy transport, agricultural equipment, industrial equipment, construction equipment and machinery.

Saudi Parts Center Co Headlines

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