Noor Financial Investment Co (KUW:NOOR) EV-to-EBIT : 3.00 (As of May. 25, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Noor Financial Investment Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Noor Financial Investment Co's Enterprise Value is KWD110.33 Mil. Noor Financial Investment Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was KWD36.82 Mil. Therefore, Noor Financial Investment Co's EV-to-EBIT for today is 3.00.

The historical rank and industry rank for Noor Financial Investment Co's EV-to-EBIT or its related term are showing as below:

KUW:NOOR' s EV-to-EBIT Range Over the Past 10 Years
Min: -61.89 Med: 6.98 Max: 244.56
Current: 3

During the past 13 years, the highest EV-to-EBIT of Noor Financial Investment Co was 244.56. The lowest was -61.89. And the median was 6.98.

KUW:NOOR's EV-to-EBIT is ranked better than
81.44% of 485 companies
in the Capital Markets industry
Industry Median: 9.73 vs KUW:NOOR: 3.00

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Noor Financial Investment Co's Enterprise Value for the quarter that ended in Mar. 2024 was KWD100.09 Mil. Noor Financial Investment Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was KWD36.82 Mil. Noor Financial Investment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 36.78%.

Noor Financial Investment Co EV-to-EBIT Historical Data

The historical data trend for Noor Financial Investment Co's EV-to-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.

Noor Financial Investment Co EV-to-EBIT Chart

Noor Financial Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

Get a 7-Day Free Trial

5.41

5.78

6.44

3.59

2.32

Noor Financial Investment Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EV-to-EBIT	Get a 7-Day Free Trial															3.39	2.64	2.14	2.32	2.72

Competitive Comparison of Noor Financial Investment Co's EV-to-EBIT

For the Capital Markets subindustry, Noor Financial 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.

Noor Financial Investment Co's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Noor Financial Investment Co's EV-to-EBIT distribution charts can be found below:

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

Noor Financial Investment Co EV-to-EBIT Calculation

Noor Financial Investment Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	110.330	/	36.816
	=	3.00

Noor Financial Investment Co's current Enterprise Value is KWD110.33 Mil.
Noor Financial Investment Co's 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 KWD36.82 Mil.

Noor Financial Investment Co (KUW:NOOR) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Noor Financial Investment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 )	=	EBIT	/	Enterprise Value (Q: Mar. 2024 )
	=	36.816	/	100.090175
	=	36.78 %

Noor Financial Investment Co's Enterprise Value for the quarter that ended in Mar. 2024 was KWD100.09 Mil.
Noor Financial Investment Co's 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 KWD36.82 Mil.

Noor Financial Investment Co EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Noor Financial Investment Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Noor Financial Investment Co (KUW:NOOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Noor Financial Investment Co (KUW:NOOR) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Intersection of Jahra Street & Airport Road, PO Box 3311, Safat, Noor Building, Shuwaikh, Kuwait, KWT, 13034

Website

https://www.noorinvestment.com

Noor Financial Investment Co is engaged in investment activities and financial services primarily in Kuwait, the Middle East, Asia, and other emerging markets. It has a diverse portfolio of Direct Capital Market Investments, Real Estate and Alternative Investments. The company manages a proprietary listed equity portfolio comprising local, GCC and international equities. The Marketable Securities Unit continues to deploy funds in GCC and International equity markets achieving strong returns. The company operates in four segment i.e investment, Real Estate, IT services, and Hotel business.

Noor Financial Investment Co (KUW:NOOR) Headlines

No Headlines