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Kuwait Financial Centre-Markaz (KUW:MARKAZ) EBIT : KWD18.14 Mil (TTM As of Mar. 2024)


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What is Kuwait Financial Centre-Markaz EBIT?

Kuwait Financial Centre-Markaz's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was KWD3.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was KWD18.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kuwait Financial Centre-Markaz's annualized ROC % for the quarter that ended in Mar. 2024 was 7.10%. Kuwait Financial Centre-Markaz's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 426.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kuwait Financial Centre-Markaz's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.99%.


Kuwait Financial Centre-Markaz EBIT Historical Data

The historical data trend for Kuwait Financial Centre-Markaz'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.

Kuwait Financial Centre-Markaz EBIT Chart

Kuwait Financial Centre-Markaz 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 10.24 0.27 20.27 7.66 12.80

Kuwait Financial Centre-Markaz 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 -1.85 3.06 4.71 6.89 3.49

Competitive Comparison of Kuwait Financial Centre-Markaz's EBIT

For the Asset Management subindustry, Kuwait Financial Centre-Markaz'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.


Kuwait Financial Centre-Markaz's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kuwait Financial Centre-Markaz's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kuwait Financial Centre-Markaz's EV-to-EBIT falls into.



Kuwait Financial Centre-Markaz 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 KWD18.14 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.


Kuwait Financial Centre-Markaz  (KUW:MARKAZ) EBIT Explanation

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

Kuwait Financial Centre-Markaz'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 )
=8.704 * ( 1 - 4.5% )/( (74.291 + 159.922)/ 2 )
=8.31232/117.1065
=7.10 %

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:

Kuwait Financial Centre-Markaz'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 )
=13.96/( ( (3.321 + max(-2.467, 0)) + (3.225 + max(-10.574, 0)) )/ 2 )
=13.96/( ( 3.321 + 3.225 )/ 2 )
=13.96/3.273
=426.52 %

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)
=(4.954 + 0 + 0) - (7.421 + 0 + 0)
=-2.467

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.505 + 0 + 0) - (16.079 + 0 + 0)
=-10.574

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:

Kuwait Financial Centre-Markaz's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=18.144/106.773
=16.99 %

* 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.


Kuwait Financial Centre-Markaz EBIT Related Terms

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Kuwait Financial Centre-Markaz (KUW:MARKAZ) Business Description

Traded in Other Exchanges
N/A
Address
Ahmad Al Jaber Street, Universal Tower, Floor 3, P.O. Box 23444,, Safat, KWT, 13095
Kuwait Financial Centre-Markaz is a assets management company. It provides investment banking, Asset management, Real estate management, Wealth management and research.

Kuwait Financial Centre-Markaz (KUW:MARKAZ) Headlines

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