GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ayalon Insurance Co (XTAE:AYAL) » Definitions » EBIT

Ayalon Insurance Co (XTAE:AYAL) EBIT : ₪167 Mil (TTM As of Dec. 2023)


View and export this data going back to 1987. Start your Free Trial

What is Ayalon Insurance Co EBIT?

Ayalon Insurance Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₪94 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₪167 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ayalon Insurance Co's annualized ROC % for the quarter that ended in Dec. 2023 was 1.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ayalon Insurance Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 33.60%.


Ayalon Insurance Co EBIT Historical Data

The historical data trend for Ayalon Insurance 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.

Ayalon Insurance Co EBIT Chart

Ayalon Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.88 -33.85 -65.92 243.63 166.51

Ayalon Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.22 7.03 15.83 49.74 93.92

Competitive Comparison of Ayalon Insurance Co's EBIT

For the Insurance - Diversified subindustry, Ayalon Insurance 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.


Ayalon Insurance Co's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Ayalon Insurance Co's EV-to-EBIT distribution charts can be found below:

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



Ayalon Insurance 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪167 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.


Ayalon Insurance Co  (XTAE:AYAL) EBIT Explanation

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

Ayalon Insurance Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=375.664 * ( 1 - 41.49% )/( (14963.08265 + 14946.63225)/ 2 )
=219.8010064/14954.85745
=1.47 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=15951.515 - 629.278 - ( 397.418 - 5% * 765.273 )
=14963.08265

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=15941.141 - 488.197 - ( 556.962 - 5% * 1013.005 )
=14946.63225

Note: The EBIT data used here is four times the quarterly (Dec. 2023) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=166.508/495.514
=33.60 %

* 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.


Ayalon Insurance Co EBIT Related Terms

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


Ayalon Insurance Co (XTAE:AYAL) Business Description

Traded in Other Exchanges
N/A
Address
12 Abba Hillel Silver Street, Ramat Gan, ISR, 52008
Ayalon Insurance Co is a holding company and act as a management and consulting services provider. It provides life and general insurance products and services. The company offers insurance policies including car insurance, car possession insurance, property cover, life insurance that covers sickness, disability and death. It also provides mortgage insurance.

Ayalon Insurance Co (XTAE:AYAL) Headlines

No Headlines