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Horizon Educational co (SAU:9603) EBIT : ﷼ Mil (TTM As of Jun. 2024)


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What is Horizon Educational co EBIT?

Horizon Educational co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was ﷼10.61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Horizon Educational co's annualized ROC % for the quarter that ended in Jun. 2024 was 15.95%. Horizon Educational co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 19.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Horizon Educational co EBIT Historical Data

The historical data trend for Horizon Educational 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.

Horizon Educational co EBIT Chart

Horizon Educational co Annual Data
Trend Jun23 Jun24
EBIT
9.40 10.61

Horizon Educational co Semi-Annual Data
Jun23 Jun24
EBIT 9.40 10.61

Competitive Comparison of Horizon Educational co's EBIT

For the Education & Training Services subindustry, Horizon Educational 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.

Horizon Educational co's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Horizon Educational co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Horizon Educational co's EV-to-EBIT falls into.


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Horizon Educational 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼ 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.

Horizon Educational co  (SAU:9603) EBIT Explanation

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

Horizon Educational 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: Jun. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=9.837 * ( 1 - 3.19% )/( (48.248 + 71.135)/ 2 )
=9.5231997/59.6915
=15.95 %

where

Invested Capital(Q: Jun. 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))
=52.365 - 0 - ( 4.117 - max(0, 4.336 - 8.71+4.117))
=48.248

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))
=80.447 - 0 - ( 9.312 - max(0, 3.612 - 35.862+9.312))
=71.135

Note: The Operating Income data used here is one times the annual (Jun. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Horizon Educational 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: Jun. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.606/( ( (40.807 + max(1.367, 0)) + (43.341 + max(22.938, 0)) )/ 2 )
=10.606/( ( 42.174 + 66.279 )/ 2 )
=10.606/54.2265
=19.56 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 4.593) - (0 + 0 + 3.226)
=1.367

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 26.55) - (0 + 0 + 3.612)
=22.938

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Horizon Educational co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=/228.188
= %

* 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.

Horizon Educational co EBIT Related Terms

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Horizon Educational co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Horizon Educational co (SAU:9603) » Definitions » EBIT
Comparable Companies
SAU:9598 SAU:9541 TAL EDU LRN LOPE GHC ATGE LAUR SZSE:002607 SZSE:300364 ADX:ALEFEDT HKSE:09636 STRA SAU:4291 HKSE:01797 PRDO ASX:IEL AFYA OHEL:SANOMA
Traded in Other Exchanges
N/A
Address
7212 Fujairah Street, P.O. Box 67266, Al-Wurud District 3833, Riyadh, SAU, 12252
Website
http://www.horizon.sch.sa
Horizon Educational co is an education-providing company. The company's activities are represented in pre-school education, kindergartens, Primary education for students using an international curriculum, Intermediate education for students with an international curriculum, and Secondary education for students using an international curriculum.

Horizon Educational co Headlines

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