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RL Commercial REIT (PHS:RCR) EBIT : ₱11,528 Mil (TTM As of Mar. 2024)


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What is RL Commercial REIT EBIT?

RL Commercial REIT's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₱1,134 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₱11,528 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RL Commercial REIT's annualized ROC % for the quarter that ended in Mar. 2024 was 6.73%. RL Commercial REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. RL Commercial REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.21%.


RL Commercial REIT EBIT Historical Data

The historical data trend for RL Commercial REIT'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.

RL Commercial REIT EBIT Chart

RL Commercial REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-0.04 -0.02 1,682.90 -5,556.75 11,482.71

RL Commercial REIT Quarterly Data
Dec19 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 1,089.19 1,099.96 1,062.10 8,231.45 1,134.27

Competitive Comparison of RL Commercial REIT's EBIT

For the REIT - Office subindustry, RL Commercial REIT'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.


RL Commercial REIT's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where RL Commercial REIT's EV-to-EBIT falls into.



RL Commercial REIT 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 ₱11,528 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.


RL Commercial REIT  (PHS:RCR) EBIT Explanation

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

RL Commercial REIT'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 )
=4412.44 * ( 1 - 0.66% )/( (65209.889 + 65132.08)/ 2 )
=4383.317896/65170.9845
=6.73 %

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))
=66298.058 - 339.327 - ( 1788.81 - max(0, 1444.885 - 2193.727+1788.81))
=65209.889

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))
=66307.941 - 340.216 - ( 1694.483 - max(0, 1351.618 - 2187.263+1694.483))
=65132.08

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

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

RL Commercial REIT'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 )
=4537.08/( ( (0 + max(-1069.458, 0)) + (0 + max(-903.747, 0)) )/ 2 )
=4537.08/( ( 0 + 0 )/ 2 )
=4537.08/0
= %

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)
=(287.072 + 0 + 88.355) - (339.327 + 0 + 1105.558)
=-1069.458

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(372.276 + 0 + 75.595) - (340.216 + 0 + 1011.402)
=-903.747

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:

RL Commercial REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=11527.781/54354.845
=21.21 %

* 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.


RL Commercial REIT EBIT Related Terms

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RL Commercial REIT (PHS:RCR) Business Description

Traded in Other Exchanges
N/A
Address
Sapphire and Garnet Roads, Brgy. San Antonio, 25th Floor, Robinsons Cyberscape Alpha, Ortigas Center, Pasig City, PHL, 1605
RL Commercial REIT Inc is a real estate company established in the Philippines. Its portfolio includes Exxa Tower, Robinsons Galleria Cebu Office, and Zeta Tower among others.

RL Commercial REIT (PHS:RCR) Headlines

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