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First Jordan Investment (AMM:FRST) EBIT : JOD0.76 Mil (TTM As of Mar. 2024)


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What is First Jordan Investment EBIT?

First Jordan Investment's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was JOD0.07 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was JOD0.76 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. First Jordan Investment's annualized ROC % for the quarter that ended in Mar. 2024 was 0.48%. First Jordan Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. First Jordan Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.10%.


First Jordan Investment EBIT Historical Data

The historical data trend for First Jordan Investment'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.

First Jordan Investment EBIT Chart

First Jordan Investment 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 -2.26 -4.20 -0.81 -1.74 0.42

First Jordan Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.27 2.61 -1.04 -0.88 0.07

Competitive Comparison of First Jordan Investment's EBIT

For the Real Estate - Development subindustry, First Jordan Investment'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.


First Jordan Investment's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Jordan Investment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where First Jordan Investment's EV-to-EBIT falls into.



First Jordan Investment 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 JOD0.76 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.


First Jordan Investment  (AMM:FRST) EBIT Explanation

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

First Jordan Investment'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: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=0.276 * ( 1 - 0% )/( (57.887 + 57.673)/ 2 )
=0.276/57.78
=0.48 %

where

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

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

First Jordan Investment'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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.276/( ( (0 + max(9.565, 0)) + (0 + max(10.28, 0)) )/ 2 )
=0.276/( ( 9.565 + 10.28 )/ 2 )
=0.276/9.9225
=2.78 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 12.367) - (0 + 0 + 2.802)
=9.565

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 12.337) - (0 + 0 + 2.057)
=10.28

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:

First Jordan Investment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=0.758/24.426
=3.10 %

* 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.


First Jordan Investment EBIT Related Terms

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First Jordan Investment (AMM:FRST) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Bin Rawaha Street, P.O.Box 17532, Sixth Floor, Rabia Towers Building No. 4, Amman, JOR, 11195
First Jordan Investment is an investment company. It invests in economic, financial, real estate, industrial, tourism, trade, and services industry in Jordan and abroad. The company operates in two segments that is Investments and Real Estate. First Jordan derives most of its revenues from Real estate segment.