GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Octodec Investments Ltd (JSE:OCT) » Definitions » EBIT

Octodec Investments (JSE:OCT) EBIT : R566.6 Mil (TTM As of Feb. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Octodec Investments EBIT?

Octodec Investments's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2024 was R0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was R566.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Octodec Investments's annualized ROC % for the quarter that ended in Feb. 2024 was 0.00%. Octodec Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Octodec Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 8.39%.


Octodec Investments EBIT Historical Data

The historical data trend for Octodec Investments'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.

Octodec Investments EBIT Chart

Octodec Investments Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 767.61 -431.42 288.63 1,002.13 1,035.43

Octodec Investments Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 448.22 553.91 566.57 - -

Competitive Comparison of Octodec Investments's EBIT

For the REIT - Diversified subindustry, Octodec Investments'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.


Octodec Investments's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Octodec Investments's EV-to-EBIT distribution charts can be found below:

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



Octodec Investments 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R566.6 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.


Octodec Investments  (JSE:OCT) EBIT Explanation

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

Octodec Investments's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=0 * ( 1 - 0% )/( (11803.402 + 11340.21)/ 2 )
=0/11571.806
=0.00 %

where

Invested Capital(Q: Aug. 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))
=11490.519 - 39.939 - ( 80.776 - max(0, 696.364 - 343.542+80.776))
=11803.402

Invested Capital(Q: Feb. 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))
=11419.893 - 406.393 - ( 77.469 - max(0, 607.318 - 280.608+77.469))
=11340.21

Note: The Operating Income data used here is two times the semi-annual (Feb. 2024) data.

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

Octodec Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (1.536 + max(-247.728, 0)) + (2.814 + max(-203.254, 0)) )/ 2 )
=0/( ( 1.536 + 2.814 )/ 2 )
=0/2.175
=0.00 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49 + 0 + 122.144) - (39.939 + 0 + 378.933)
=-247.728

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(163.827 + 0 + 39.312) - (406.393 + 0 + 0)
=-203.254

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2024) EBIT data.

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

Octodec Investments's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=566.567/6753.788
=8.39 %

* 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.


Octodec Investments EBIT Related Terms

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


Octodec Investments (JSE:OCT) Business Description

Traded in Other Exchanges
N/A
Address
101 Du Toit Street, CPA House, Tshwane, Pretoria, GT, ZAF, 0002
Octodec Investments Ltd is a real estate investment trust (REIT). The company generates rental income from Residential, Retail - street shops, Retail - shopping centres, offices, industrial, and parking, where the majority of its revenue is from the Residential segment.

Octodec Investments (JSE:OCT) Headlines

No Headlines