United Mining Industries Co (SAU:9583) EBIT : ﷼30.5 Mil (TTM As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is United Mining Industries Co EBIT?

United Mining Industries Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was ﷼15.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼30.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. United Mining Industries Co's annualized ROC % for the quarter that ended in Jun. 2024 was 17.85%. United Mining Industries Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. United Mining Industries Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 4.34%.

United Mining Industries Co EBIT Historical Data

The historical data trend for United Mining Industries 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.

United Mining Industries Co EBIT Chart

United Mining Industries Co Annual Data

Trend

Dec22

Dec23

EBIT

33.35

37.66

United Mining Industries Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
EBIT	-	22.39	15.27	15.27

Competitive Comparison of United Mining Industries Co's EBIT

For the Building Materials subindustry, United Mining Industries 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.

United Mining Industries Co's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, United Mining Industries Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where United Mining Industries Co's EV-to-EBIT falls into.

Save Embed

;

Save Embed

;

United Mining Industries 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 ﷼30.5 Mil.

United Mining Industries Co (SAU:9583) EBIT Explanation

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

United Mining Industries 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 )
=	55.456 * ( 1 - 2.37% )	/	( (298.35	+	308.221)	/ 2 )
=	54.1416928	/	303.2855
=	17.85 %

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	))
=	345.818	-	24.735	-	( 22.733	-	max(0, 114.647	-	141.1	+	22.733	))
=	298.35

	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	))
=	359.168	-	30.144	-	( 23.325	-	max(0, 131.362	-	152.165	+	23.325	))
=	308.221

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:

United Mining Industries 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 )
=	30.548	/	( ( (204.659 + max(79.87, 0))	+	(206.943 + max(70.275, 0)) )	/	2 )
=	30.548	/	( ( 284.529	+	277.218 )	/	2 )
=	30.548	/	280.8735
=	10.88 %

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)
=	(69.143	+	47.041	+	1.631)	-	(24.735	+	0	+	13.21)
=	79.87

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(73.877	+	48.719	+	0)	-	(30.144	+	0	+	22.177)
=	70.275

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:

United Mining Industries Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	30.541	/	703.168
	=	4.34 %

United Mining Industries Co EBIT Related Terms

Thank you for viewing the detailed overview of United Mining Industries Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

United Mining Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » United Mining Industries Co (SAU:9583) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Madinah Al Munawarah Street, Salamah District, Salamah Tower, Floor No. 4, Office No. 403, Jeddah, SAU, 23525

Website

https://www.ugc.com.sa

United Mining Industries Co is engaged in manufacturing and selling raw materials extracted from mines and mining of gypsum and anhydrite based on a license from the Ministry of Industry and Mineral Resources. It is one of the companies in the field of manufacturing gypsum and cement building materials and products in the Kingdom of Saudi Arabia. It offers products such as Gypsum Board, Fiber Cement Board, Gypsum Powder, and others. The company has three business segments: Fiber cement board, Gypsum board, and Others. It earns the majority of its revenue from Gypsum Board Segment.

United Mining Industries Co Headlines

No Headlines