Intercontinental International Real Estate Investment Co (ATH:INTERCO) EBIT : €3.98 Mil (TTM As of Jun. 2023)

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What is Intercontinental International Real Estate Investment Co EBIT?

Intercontinental International Real Estate Investment Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was €2.47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was €3.98 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Intercontinental International Real Estate Investment Co's annualized ROC % for the quarter that ended in Jun. 2023 was 2.08%. Intercontinental International Real Estate Investment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 7.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Intercontinental International Real Estate Investment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 4.96%.

Intercontinental International Real Estate Investment Co EBIT Historical Data

The historical data trend for Intercontinental International Real Estate Investment Co'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.

Intercontinental International Real Estate Investment Co EBIT Chart

Intercontinental International Real Estate Investment Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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10.14

7.70

5.69

1.30

2.95

Intercontinental International Real Estate Investment Co Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial												2.65	-1.35	1.44	1.51	2.47

Competitive Comparison of Intercontinental International Real Estate Investment Co's EBIT

For the REIT - Diversified subindustry, Intercontinental International Real Estate Investment Co'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.

Intercontinental International Real Estate Investment Co's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Intercontinental International Real Estate Investment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Intercontinental International Real Estate Investment Co's EV-to-EBIT falls into.

Intercontinental International Real Estate Investment Co 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €3.98 Mil.

Intercontinental International Real Estate Investment Co (ATH:INTERCO) EBIT Explanation

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

Intercontinental International Real Estate Investment Co's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	2.604 * ( 1 - 8.2% )	/	( (114.341	+	115.674)	/ 2 )
=	2.390472	/	115.0075
=	2.08 %

where

	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	))
=	120.021	-	0.534	-	( 5.146	-	max(0, 2.826	-	66.779	+	5.146	))
=	114.341

	Invested Capital		(Q: Jun. 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	))
=	120.705	-	1.205	-	( 3.826	-	max(0, 3.632	-	65.903	+	3.826	))
=	115.674

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

Intercontinental International Real Estate Investment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	4.932	/	( ( (1.801 + max(60.687, 0))	+	(1.752 + max(60.43, 0)) )	/	2 )
=	4.932	/	( ( 62.488	+	62.182 )	/	2 )
=	4.932	/	62.335
=	7.91 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	61.777)	-	(0.534	+	0	+	0.556)
=	60.687

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.687	+	0	+	61.506)	-	(1.205	+	0	+	0.558)
=	60.43

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

Intercontinental International Real Estate Investment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	3.979	/	80.152
	=	4.96 %

Intercontinental International Real Estate Investment Co EBIT Related Terms

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Intercontinental International Real Estate Investment Co (ATH:INTERCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Intercontinental International Real Estate Investment Co SA (ATH:INTERCO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

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Address

26, Rigillis, Palace, 3rd Floor, Athens, GRC, 10674

Website

http://www.ici-reic.com

Intercontinental International Real Estate Investment Co SA is a real estate investment company. The company's investments in real estate include owned land plots and buildings that are used mostly as offices and retail shops.

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