Crown Paints Kenya (NAI:CRWN) EBIT : KES1,289 Mil (TTM As of Dec. 2022)

View and export this data going back to . Start your Free Trial

What is Crown Paints Kenya EBIT?

Crown Paints Kenya's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was KES1,289 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was KES1,289 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Crown Paints Kenya's annualized ROC % for the quarter that ended in Dec. 2022 was 17.12%. Crown Paints Kenya's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 29.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Crown Paints Kenya's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 17.84%.

Crown Paints Kenya EBIT Historical Data

The historical data trend for Crown Paints Kenya'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.

Crown Paints Kenya EBIT Chart

Crown Paints Kenya Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

671.00

833.33

1,104.85

1,307.69

1,288.98

Crown Paints Kenya Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
EBIT	Get a 7-Day Free Trial										671.00	833.33	1,104.85	1,307.69	1,288.98

Competitive Comparison of Crown Paints Kenya's EBIT

For the Specialty Chemicals subindustry, Crown Paints Kenya'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.

Crown Paints Kenya's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Crown Paints Kenya's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Crown Paints Kenya's EV-to-EBIT falls into.

Crown Paints Kenya 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. 2022 was KES1,289 Mil.

Crown Paints Kenya (NAI:CRWN) EBIT Explanation

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

Crown Paints Kenya's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2021 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	1218.029 * ( 1 - 23.2% )	/	( (4595.517	+	6329.847)	/ 2 )
=	935.446272	/	5462.682
=	17.12 %

where

	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	))
=	7807.348	-	2534.957	-	( 676.874	-	max(0, 4038.331	-	5671.576	+	676.874	))
=	4595.517

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	9204.834	-	2295.998	-	( 578.989	-	max(0, 5114.342	-	6910.074	+	578.989	))
=	6329.847

Note: The Operating Income data used here is one times the annual (Dec. 2022) data.

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

Crown Paints Kenya's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2021		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1288.98	/	( ( (2062.205 + max(1875.319, 0))	+	(2213.642 + max(2733.578, 0)) )	/	2 )
=	1288.98	/	( ( 3937.524	+	4947.22 )	/	2 )
=	1288.98	/	4442.372
=	29.02 %

where Working Capital is:

	Working Capital		(Q: Dec. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1394.302	+	3322.838	+	174.218)	-	(2534.957	+	0	+	481.082)
=	1875.319

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1558.797	+	3744.929	+	187.084)	-	(2295.998	+	0	+	461.234)
=	2733.578

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

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

Crown Paints Kenya's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	1288.98	/	7225.999
	=	17.84 %

Crown Paints Kenya EBIT Related Terms

Thank you for viewing the detailed overview of Crown Paints Kenya's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Crown Paints Kenya (NAI:CRWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crown Paints Kenya Ltd (NAI:CRWN) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Likoni Road, Industrial Area, P.O. Box 78848, Nairobi, KEN, 00507

Website

https://www.crownpaints.co.ke

Crown Paints Kenya Ltd is a Kenya-based paint manufacturer. The company comprises two business segments - Paints and Adhesives. The Paints segment manufactures and sells paints, decorating sundries, polyvinyl acetate emulsion, and alkyd resins producer. The Adhesives segment manufactures and sells adhesives. It offers decorative paints, automotive paints, industrial paints, road marking paints, and thinners. The company generates majority of its revenue from Paints segment. The company does its sales via geographical segments that include Kenya, Uganda, Tanzania, Rwanda, and others.