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Food Gate Trading Co (SAU:9562) EBIT : ﷼9.39 Mil (TTM As of Jun. 2024)


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What is Food Gate Trading Co EBIT?

Food Gate Trading Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was ﷼4.51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼9.39 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Food Gate Trading Co's annualized ROC % for the quarter that ended in Jun. 2024 was 13.12%. Food Gate Trading Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 31.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Food Gate Trading Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.16%.

Food Gate Trading Co EBIT Historical Data

The historical data trend for Food Gate Trading 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.

Food Gate Trading Co EBIT Chart

Food Gate Trading Co Annual Data
Trend Dec21 Dec22 Dec23
EBIT
- 9.70 9.54

Food Gate Trading Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial 6.88 2.83 4.67 4.87 4.51

Competitive Comparison of Food Gate Trading Co's EBIT

For the Restaurants subindustry, Food Gate Trading 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.

Food Gate Trading Co's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Food Gate Trading Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Food Gate Trading Co's EV-to-EBIT falls into.


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Food Gate Trading 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 ﷼9.39 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.

Food Gate Trading Co  (SAU:9562) EBIT Explanation

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

Food Gate Trading 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 )
=9.038 * ( 1 - 2.01% )/( (70.746 + 64.264)/ 2 )
=8.8563362/67.505
=13.12 %

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))
=68.712 - 0 - ( 0 - max(0, 11.803 - 9.769+0))
=70.746

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))
=69.709 - 4.184 - ( 6.4 - max(0, 10.346 - 11.607+6.4))
=64.264

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:

Food Gate Trading 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 )
=9.022/( ( (0 + max(0.405, 0)) + (57.457 + max(-1.798, 0)) )/ 2 )
=9.022/( ( 0.405 + 57.457 )/ 2 )
=9.022/28.931
=31.18 %

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 + 0 + 9.769) - (0 + 0 + 9.364)
=0.405

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.641 + 2.031 + 2.405) - (4.184 + 0 + 2.691)
=-1.798

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:

Food Gate Trading Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=9.385/131.077
=7.16 %

* 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.

Food Gate Trading Co EBIT Related Terms

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Food Gate Trading Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Food Gate Trading Co (SAU:9562) » Definitions » EBIT
Comparable Companies
SAU:9567 SAU:9617 SAU:6012 SAU:6013 MCD SBUX CMG LSE:CPG YUM DRI TSX:QSP.UN TSX:QSR YUMC DPZ HKSE:06862 TXRH CAVA LKNCY TSE:7550 BROS
Traded in Other Exchanges
N/A
Address
Wadi Al-Shati Street, PO Box. 12018, Alghadir, Riyadh, SAU, 13311
Website
https://www.foodsgate.sa
Food Gate Trading Co is a Saudi-owned food and beverage company, dedicated to creating signature dining concepts across a range of cuisines and culinary experiences at dining outlets.

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