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MISR Chemical Industries (CAI:MICH) EBIT : E£206.5 Mil (TTM As of Mar. 2021)


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What is MISR Chemical Industries EBIT?

MISR Chemical Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2021 was E£136.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2021 was E£206.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MISR Chemical Industries's annualized ROC % for the quarter that ended in Mar. 2021 was 0.00%. MISR Chemical Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2021 was 315.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MISR Chemical Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2021 was 27.78%.

MISR Chemical Industries EBIT Historical Data

The historical data trend for MISR Chemical Industries'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.

MISR Chemical Industries EBIT Chart

MISR Chemical Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBIT
Get a 7-Day Free Trial 7.19 80.12 73.01 16.41 103.87

MISR Chemical Industries Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 33.91 44.60 -24.09 49.45 136.58

Competitive Comparison of MISR Chemical Industries's EBIT

For the Chemicals subindustry, MISR Chemical Industries'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.

MISR Chemical Industries's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, MISR Chemical Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MISR Chemical Industries's EV-to-EBIT falls into.


MISR Chemical Industries 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was E£206.5 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.

MISR Chemical Industries  (CAI:MICH) EBIT Explanation

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

MISR Chemical Industries's annualized ROC % for the quarter that ended in Mar. 2021 is calculated as:

ROC % (Q: Mar. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2020 ) + Invested Capital (Q: Mar. 2021 ))/ count )
=0 * ( 1 - 0% )/( (497.798 + 530.212)/ 2 )
=0/514.005
=0.00 %

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))
=603.15 - 0 - ( 105.352 - max(0, 89.55 - 355.837+105.352))
=497.798

Invested Capital(Q: Mar. 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))
=646.591 - 0 - ( 116.379 - max(0, 104.371 - 406.637+116.379))
=530.212

Note: The Operating Income data used here is four times the quarterly (Mar. 2021) data.

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

MISR Chemical Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2020  Q: Mar. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=546.308/( ( (0 + max(160.935, 0)) + (0 + max(185.887, 0)) )/ 2 )
=546.308/( ( 160.935 + 185.887 )/ 2 )
=546.308/173.411
=315.04 %

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)
=(0 + 0 + 250.485) - (0 + 0 + 89.55)
=160.935

Working Capital(Q: Mar. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 290.258) - (0 + 0 + 104.371)
=185.887

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2021) EBIT data.

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

MISR Chemical Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2021 )
=206.536/743.561
=27.78 %

* 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.

MISR Chemical Industries EBIT Related Terms

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MISR Chemical Industries (CAI:MICH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » MISR Chemical Industries Ltd (CAI:MICH) » Definitions » EBIT
Comparable Companies
BOM:500120 XCNQ:FAT TSE:4274 BOM:542012 BKK:SUTHA BOM:524634 BOM:500284 TSXV:HELI TSE:4960 BOM:531109
Traded in Other Exchanges
N/A
Address
Almaks, Alexandria, EGY
Website
http://mci.com.eg
MISR Chemical Industries Ltd manufactures chemical products. Its product portfolio comprises of Compressed hydrogen gas, Liquid chlorine, Liquid caustic soda, Sodium hypochlorite, Soda caustic soda and hydrochloric acid.

MISR Chemical Industries (CAI:MICH) Headlines

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