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Altshuler Shaham Financial (XTAE:ALTF) EBIT : ₪173.0 Mil (TTM As of Dec. 2024)


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What is Altshuler Shaham Financial EBIT?

Altshuler Shaham Financial's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₪41.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₪173.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Altshuler Shaham Financial's annualized ROC % for the quarter that ended in Dec. 2024 was 10.49%. Altshuler Shaham Financial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 266.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Altshuler Shaham Financial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 11.87%.


Altshuler Shaham Financial EBIT Historical Data

The historical data trend for Altshuler Shaham Financial'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.

Altshuler Shaham Financial EBIT Chart

Altshuler Shaham Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only 223.86 378.51 341.22 219.18 173.04

Altshuler Shaham Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.22 44.31 44.14 43.34 41.25

Competitive Comparison of Altshuler Shaham Financial's EBIT

For the Asset Management subindustry, Altshuler Shaham Financial'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.


Altshuler Shaham Financial's EV-to-EBIT Distribution in the Asset Management Industry

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

* The bar in red indicates where Altshuler Shaham Financial's EV-to-EBIT falls into.


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Altshuler Shaham Financial 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪173.0 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.


Altshuler Shaham Financial  (XTAE:ALTF) EBIT Explanation

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

Altshuler Shaham Financial's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=161.552 * ( 1 - 26.83% )/( (1044.119 + 1210.057)/ 2 )
=118.2075984/1127.088
=10.49 %

where

Invested Capital(Q: Sep. 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))
=1176.761 - 117.822 - ( 76.618 - max(0, 117.822 - 132.642+76.618))
=1044.119

Invested Capital(Q: Dec. 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))
=1209.562 - 93.852 - ( 83.988 - max(0, 271.151 - 176.804+83.988))
=1210.057

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Altshuler Shaham Financial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=165/( ( (63.329 + max(-61.798, 0)) + (60.41 + max(-46.994, 0)) )/ 2 )
=165/( ( 63.329 + 60.41 )/ 2 )
=165/61.8695
=266.69 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54.66 + 0 + 1.364) - (117.822 + 0 + 0)
=-61.798

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.217 + 0 + 14.568) - (93.852 + 0 + 25.927)
=-46.994

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Altshuler Shaham Financial's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=173.035/1457.801
=11.87 %

* 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.


Altshuler Shaham Financial EBIT Related Terms

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Altshuler Shaham Financial Business Description

Traded in Other Exchanges
N/A
Address
19A Habarzel Street, Ramat Hachayal, Tel Aviv, ISR, 6971026
Altshuler Shaham Financial Ltd is a manager of provident funds, study and pension funds. It holds a permit to operate provident funds for savings, provident pay and severance pay, central severance pay funds, study funds, central sick pay provident fund, a central provident fund for budgetary pension participation, investment provident funds, and investment provident funds - long-term savings for children (with multiple tracks). The company has two operating segments: The pension fund segment and the Provident fund segment.

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