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Thevola Group (SAU:2050) EBIT : ﷼2,331 Mil (TTM As of Mar. 2024)


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What is Thevola Group EBIT?

Thevola Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ﷼870 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼2,331 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thevola Group's annualized ROC % for the quarter that ended in Mar. 2024 was 7.05%. Thevola Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 38.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thevola Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.17%.


Thevola Group EBIT Historical Data

The historical data trend for Thevola Group'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.

Thevola Group EBIT Chart

Thevola Group 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 1,452.39 1,677.06 1,044.65 1,712.08 2,229.20

Thevola Group 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 768.06 465.99 504.96 490.18 869.70

Competitive Comparison of Thevola Group's EBIT

For the Packaged Foods subindustry, Thevola Group'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.


Thevola Group's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thevola Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thevola Group's EV-to-EBIT falls into.



Thevola Group 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 ﷼2,331 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.


Thevola Group  (SAU:2050) EBIT Explanation

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

Thevola Group'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 )
=2442.212 * ( 1 - 19.49% )/( (27703.993 + 28092.383)/ 2 )
=1966.2248812/27898.188
=7.05 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=29962.663 - 4041.338 - ( 1974.459 - max(0, 11329.164 - 9546.496+1974.459))
=27703.993

Invested Capital(Q: Mar. 2024 )
=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))
=30128.551 - 3877.041 - ( 1854.382 - max(0, 11563.885 - 9723.012+1854.382))
=28092.383

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

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

Thevola Group'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 )
=3478.788/( ( (9086.66 + max(58.659999999998, 0)) + (8946.189 + max(-1214.39, 0)) )/ 2 )
=3478.788/( ( 9145.32 + 8946.189 )/ 2 )
=3478.788/9045.7545
=38.46 %

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)
=(1752.95 + 4251.886 + 1065.696) - (4041.338 + 0 + 2970.534)
=58.659999999998

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2506.534 + 3646.453 + 1.8189894035459E-12) - (3877.041 + 0 + 3490.336)
=-1214.39

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:

Thevola Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2330.831/32489.949
=7.17 %

* 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.


Thevola Group EBIT Related Terms

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Thevola Group (SAU:2050) Business Description

Traded in Other Exchanges
N/A
Address
Prince Faisal Bin Fahad Street, Savola Tower, The Headquarter Business Park, Ashati District, 2444 Taha Khusaifan-Ashati, Unit Number 15, Jeddah, SAU, 23511-7333
The Savola Group is a strategic investment holding company. It is focused on the food and retail sectors, with operations in the Middle East, Turkey and other regions. It is organized into the following operating segments namely Foods processing, Retail, Food Services, Frozen food and Investment. The group derives majority of revenue from the Foods processing segment which consists of includes manufacturing, sale and distribution of Edible oils, Sugar, Pasta, Spices, Nuts, Pulses and other food products.

Thevola Group (SAU:2050) Headlines

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