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Mulkia Investment Co (SAU:9585) EBIT : ﷼18.19 Mil (TTM As of Jun. 2024)


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What is Mulkia Investment Co EBIT?

Mulkia Investment Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was ﷼9.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼18.19 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mulkia Investment Co's annualized ROC % for the quarter that ended in Jun. 2024 was 29.85%. Mulkia Investment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 174.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mulkia Investment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.81%.

Mulkia Investment Co EBIT Historical Data

The historical data trend for Mulkia Investment 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.

Mulkia Investment Co EBIT Chart

Mulkia Investment Co Annual Data
Trend Dec22 Dec23
EBIT
21.73 23.15

Mulkia Investment Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
EBIT - 14.72 8.43 9.76

Competitive Comparison of Mulkia Investment Co's EBIT

For the Asset Management subindustry, Mulkia Investment 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.

Mulkia Investment Co's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mulkia Investment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mulkia Investment Co's EV-to-EBIT falls into.


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Mulkia Investment 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 ﷼18.19 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.

Mulkia Investment Co  (SAU:9585) EBIT Explanation

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

Mulkia Investment 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 )
=19.426 * ( 1 - 8.54% )/( (57.956 + 61.099)/ 2 )
=17.7670196/59.5275
=29.85 %

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))
=106.711 - 2.666 - ( 46.089 - max(0, 10.093 - 85.524+46.089))
=57.956

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))
=104.699 - 0.069 - ( 43.531 - max(0, 15.704 - 83.625+43.531))
=61.099

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:

Mulkia Investment 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 )
=19.522/( ( (11.161 + max(0.53300000000001, 0)) + (10.74 + max(-8.726, 0)) )/ 2 )
=19.522/( ( 11.694 + 10.74 )/ 2 )
=19.522/11.217
=174.04 %

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)
=(2.448 + 0 + 7.651) - (2.666 + 0 + 6.9)
=0.53300000000001

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.069 + 0 + 8.657)
=-8.726

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:

Mulkia Investment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=18.189/267.054
=6.81 %

* 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.

Mulkia Investment Co EBIT Related Terms

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Mulkia Investment Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mulkia Investment Co (SAU:9585) » Definitions » EBIT
Comparable Companies
SAU:9586 SAU:9602 BLK BX KKR TSX:BAM OSTO:INVE A TSX:BN APO AMP LSE:III XSWX:PGHN OSTO:EQT ARES RJF STT XAMS:CVC TROW NTRS PFG
Traded in Other Exchanges
N/A
Address
8565 Prince Abdul Aziz Bin Musaid Bin Jalawi Street, 1st floor, The Elite Mall, Al Sulaimaniayah District, Riyadh, SAU, 12234
Website
https://www.mulkia.com.sa
Mulkia Investment Co is engaged in securities business including: Dealing, Custody Securities, Managing investments and operating funds Managing investments, Arranging Financial advisor or corporate finance advisor and Advising Investment Advisor. It provides diversified and integrated financial and investment services tailored to suit the goals of individuals and institutions of different types and sizes. It operates in the field of asset management, arranging corporate finance, financial advice and research.

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