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Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) Operating Income : KWD6.46 Mil (TTM As of Dec. 2024)


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What is Munshaat Real Estate Projects Co KSCC Operating Income?

Munshaat Real Estate Projects Co KSCC's Operating Income for the three months ended in Dec. 2024 was KWD1.11 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was KWD6.46 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Munshaat Real Estate Projects Co KSCC's Operating Income for the three months ended in Dec. 2024 was KWD1.11 Mil. Munshaat Real Estate Projects Co KSCC's Revenue for the three months ended in Dec. 2024 was KWD4.01 Mil. Therefore, Munshaat Real Estate Projects Co KSCC's Operating Margin % for the quarter that ended in Dec. 2024 was 27.61%.

Munshaat Real Estate Projects Co KSCC's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Munshaat Real Estate Projects Co KSCC's annualized ROC % for the quarter that ended in Dec. 2024 was 4.12%. Munshaat Real Estate Projects Co KSCC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 11.95%.


Munshaat Real Estate Projects Co KSCC Operating Income Historical Data

The historical data trend for Munshaat Real Estate Projects Co KSCC's Operating Income 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.

Munshaat Real Estate Projects Co KSCC Operating Income Chart

Munshaat Real Estate Projects Co KSCC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.43 -5.20 0.64 6.17 6.46

Munshaat Real Estate Projects Co KSCC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Operating Income 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 1.11 1.52 3.19 0.64 1.11

Munshaat Real Estate Projects Co KSCC Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income 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 KWD6.46 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.


Munshaat Real Estate Projects Co KSCC  (KUW:MUNSHAAT) Operating Income Explanation

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

Munshaat Real Estate Projects Co KSCC'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 )
=4.432 * ( 1 - 28.2% )/( (79.309 + 75.101)/ 2 )
=3.182176/77.205
=4.12 %

where

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

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

Munshaat Real Estate Projects Co KSCC'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 )
=5.092/( ( (42.869 + max(-2.433, 0)) + (42.357 + max(-6.731, 0)) )/ 2 )
=5.092/( ( 42.869 + 42.357 )/ 2 )
=5.092/42.613
=11.95 %

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)
=(10.2 + 0.548 + 0) - (13.181 + 0 + 0)
=-2.433

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.583 + 0.376 + 0.018000000000001) - (13.708 + 0 + 0)
=-6.731

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. Operating Income is also linked to Operating Margin %:

Munshaat Real Estate Projects Co KSCC's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=1.108/4.013
=27.61 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Munshaat Real Estate Projects Co KSCC Operating Income Related Terms

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Munshaat Real Estate Projects Co KSCC Business Description

Traded in Other Exchanges
N/A
Address
Mubarak ALkabeer Street, ITS Tower, Mezzanine Floor, P.O Box 1393, Sharq, Dasman, Kuwait City, KWT, 15464
Munshaat Real Estate Projects Co KSCC is a real estate company. The company's operations predominantly consist of owning, selling and purchasing real estates and lands as well as developing them inside and outside Kuwait, and also managing the properties of others. The company is organized into two business segments - Real Estate segment comprises purchase, sale, development, renting, hotel operations and managing of properties; and Investment segment is involved in managing a portfolio of investments. Its primary geographic markets are Kuwait and Gulf Cooperation Council countries.

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