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Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) EBIT : د.إ Mil (TTM As of Dec. 2021)


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What is Al Seer Marine Supplies & Equipment PJSC EBIT?

Al Seer Marine Supplies & Equipment PJSC's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2021 was د.إ2,516.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Al Seer Marine Supplies & Equipment PJSC's annualized ROC % for the quarter that ended in Dec. 2021 was 1.72%. Al Seer Marine Supplies & Equipment PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was 1,570.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Al Seer Marine Supplies & Equipment PJSC EBIT Historical Data

The historical data trend for Al Seer Marine Supplies & Equipment PJSC'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.

Al Seer Marine Supplies & Equipment PJSC EBIT Chart

Al Seer Marine Supplies & Equipment PJSC Annual Data
Trend Dec20 Dec21
EBIT
34.15 2,516.34

Al Seer Marine Supplies & Equipment PJSC Semi-Annual Data
Dec20 Dec21
EBIT 34.15 2,516.34

Competitive Comparison of Al Seer Marine Supplies & Equipment PJSC's EBIT

For the Marine Shipping subindustry, Al Seer Marine Supplies & Equipment PJSC'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.

Al Seer Marine Supplies & Equipment PJSC's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Al Seer Marine Supplies & Equipment PJSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Al Seer Marine Supplies & Equipment PJSC's EV-to-EBIT falls into.


Al Seer Marine Supplies & Equipment PJSC 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2021 was د.إ 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.

Al Seer Marine Supplies & Equipment PJSC  (ADX:ASM) EBIT Explanation

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

Al Seer Marine Supplies & Equipment PJSC's annualized ROC % for the quarter that ended in Dec. 2021 is calculated as:

ROC % (Q: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2020 ) + Invested Capital (Q: Dec. 2021 ))/ count )
=54.605 * ( 1 - 0% )/( (370.074 + 5978.628)/ 2 )
=54.605/3174.351
=1.72 %

where

Invested Capital(Q: Dec. 2020 )
=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))
=717.817 - 173.702 - ( 174.041 - max(0, 419.904 - 676.45+174.041))
=370.074

Invested Capital(Q: Dec. 2021 )
=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))
=6121.598 - 45.168 - ( 97.802 - max(0, 306.256 - 512.292+97.802))
=5978.628

Note: The Operating Income data used here is one times the annual (Dec. 2021) data.

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

Al Seer Marine Supplies & Equipment PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2020  Q: Dec. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2516.338/( ( (41.367 + max(-14.867, 0)) + (143.581 + max(135.561, 0)) )/ 2 )
=2516.338/( ( 41.367 + 279.142 )/ 2 )
=2516.338/160.2545
=1,570.21 %

where Working Capital is:

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(301.484 + 1.03 + 102.007) - (173.702 + 0 + 245.686)
=-14.867

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(210.286 + 0.816 + 108.532) - (45.168 + 0 + 138.905)
=135.561

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2021) EBIT data.

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

Al Seer Marine Supplies & Equipment PJSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2021 )
=/7540.912
= %

* 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.

Al Seer Marine Supplies & Equipment PJSC EBIT Related Terms

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Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot Number A-20, Sector MW-5, P.O. Box 33639, Mussafah Industrial City, Abu Dhabi, ARE
Website
https://www.alseermarine.ae
Al Seer Marine Supplies & Equipment PJSC is a marine company in the Arabian maritime region, with a portfolio of services that caters to all needs of boat owners, managers and crew. The services of the company include Boat Building, Maintenance Services, Yacht Management, Training Institute, and Maintenance services among others.