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Oron Group Investments & Holdings (XTAE:ORON) EBIT : ₪79 Mil (TTM As of Mar. 2024)


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What is Oron Group Investments & Holdings EBIT?

Oron Group Investments & Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₪29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₪79 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Oron Group Investments & Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 8.47%. Oron Group Investments & Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Oron Group Investments & Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.87%.


Oron Group Investments & Holdings EBIT Historical Data

The historical data trend for Oron Group Investments & Holdings'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.

Oron Group Investments & Holdings EBIT Chart

Oron Group Investments & Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial 8.40 29.35 40.14 22.68 58.64

Oron Group Investments & Holdings Quarterly Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 9.17 17.57 19.19 31.16 28.63

Competitive Comparison of Oron Group Investments & Holdings's EBIT

For the Engineering & Construction subindustry, Oron Group Investments & Holdings'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.


Oron Group Investments & Holdings's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Oron Group Investments & Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Oron Group Investments & Holdings's EV-to-EBIT falls into.



Oron Group Investments & Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪79 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.


Oron Group Investments & Holdings  (XTAE:ORON) EBIT Explanation

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

Oron Group Investments & Holdings's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=112.932 * ( 1 - 27.93% )/( (986.29 + 935.181)/ 2 )
=81.3900924/960.7355
=8.47 %

where

Invested Capital(Q: Sep. 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))
=1478.013 - 386.838 - ( 104.885 - max(0, 1058.964 - 1209.96+104.885))
=986.29

Invested Capital(Q: Mar. 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))
=1376.235 - 366.941 - ( 74.113 - max(0, 925.465 - 1052.769+74.113))
=935.181

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

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

Oron Group Investments & Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=114.536/( ( (169.412 + max(425.248, 0)) + (214.281 + max(367.941, 0)) )/ 2 )
=114.536/( ( 594.66 + 582.222 )/ 2 )
=114.536/588.441
=19.46 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(397.74 + 548.412 + 85.413) - (386.838 + 0 + 219.479)
=425.248

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(427.622 + 472.809 + 4.7549999999999) - (366.941 + 0 + 170.304)
=367.941

When net working capital is negative, 0 is used.

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

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

Oron Group Investments & Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=78.987/1003.080
=7.87 %

* 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.


Oron Group Investments & Holdings EBIT Related Terms

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Oron Group Investments & Holdings (XTAE:ORON) Business Description

Traded in Other Exchanges
N/A
Address
4 Yehuda Hanachtom Street, Beltech Building, Beersheba, ISR
Oron Group Investments & Holdings Ltd is a civil engineering and development company. It is engaged in infrastructure, civil engineering, industrial and residential construction. The Company manages several companies and subsidiaries in the field of civil engineering,industry, infrastructure, development and contracting. It has engineering projects in Israel and abroad.

Oron Group Investments & Holdings (XTAE:ORON) Headlines

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