Edarat Communication And Information Technology Co (SAU:9557) EBIT : ﷼23.01 Mil (TTM As of Jun. 2024)

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What is Edarat Communication And Information Technology Co EBIT?

Edarat Communication And Information Technology Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was ﷼12.77 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼23.01 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Edarat Communication And Information Technology Co's annualized ROC % for the quarter that ended in Jun. 2024 was 44.55%. Edarat Communication And Information Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 204.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Edarat Communication And Information Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1.44%.

Edarat Communication And Information Technology Co EBIT Historical Data

The historical data trend for Edarat Communication And Information Technology 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.

Edarat Communication And Information Technology Co EBIT Chart

Edarat Communication And Information Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

7.66

14.43

19.79

Edarat Communication And Information Technology Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial			7.21	7.22	9.54	10.25	12.77

Competitive Comparison of Edarat Communication And Information Technology Co's EBIT

For the Information Technology Services subindustry, Edarat Communication And Information Technology 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.

Edarat Communication And Information Technology Co's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Edarat Communication And Information Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Edarat Communication And Information Technology Co's EV-to-EBIT falls into.

Edarat Communication And Information Technology 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 ﷼23.01 Mil.

Edarat Communication And Information Technology Co (SAU:9557) EBIT Explanation

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

Edarat Communication And Information Technology 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 )
=	25.062 * ( 1 - 8.61% )	/	( (47.127	+	55.707)	/ 2 )
=	22.9041618	/	51.417
=	44.55 %

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	))
=	60.715	-	4.689	-	( 8.899	-	max(0, 16.258	-	49.919	+	8.899	))
=	47.127

	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	))
=	71.956	-	3.641	-	( 12.608	-	max(0, 16.527	-	60.813	+	12.608	))
=	55.707

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:

Edarat Communication And Information Technology 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 )
=	25.53	/	( ( (10.796 + max(3.034, 0))	+	(11.143 + max(-4.157, 0)) )	/	2 )
=	25.53	/	( ( 13.83	+	11.143 )	/	2 )
=	25.53	/	12.4865
=	204.46 %

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)
=	(14.512	+	0	+	3.51)	-	(4.689	+	0	+	10.299)
=	3.034

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(11.741	+	0	+	0)	-	(3.641	+	0	+	12.257)
=	-4.157

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:

Edarat Communication And Information Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	23.011	/	1602.061
	=	1.44 %

Edarat Communication And Information Technology Co EBIT Related Terms

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Edarat Communication And Information Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edarat Communication And Information Technology Co (SAU:9557) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Nasir Bin Saud Bin Farhan Al Saud Street, Al Yasmeen District, Riyadh, SAU, 13322

Website

https://www.edaratgroup.com

Edarat Communication And Information Technology Co is a Cloud Service Provider, and a Data Center Consulting Company. It is a technology services company delivering critical facilities engineering, technology consulting, and cloud-managed services that help its clients build, modernize and transform their IT infrastructure to support their business strategies. Its services include advisory, data center engineering, smart cities & smart building technology (IoT), workload migration, and cloud services.

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