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Waterfront Philippines (PHS:WPI) EBIT : ₱454 Mil (TTM As of Mar. 2024)


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What is Waterfront Philippines EBIT?

Waterfront Philippines's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₱112 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₱454 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Waterfront Philippines's annualized ROC % for the quarter that ended in Mar. 2024 was 2.46%. Waterfront Philippines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Waterfront Philippines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.35%.


Waterfront Philippines EBIT Historical Data

The historical data trend for Waterfront Philippines'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.

Waterfront Philippines EBIT Chart

Waterfront Philippines 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 830.26 976.44 532.98 283.19 446.01

Waterfront Philippines 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 103.80 128.45 124.43 89.32 111.77

Competitive Comparison of Waterfront Philippines's EBIT

For the Resorts & Casinos subindustry, Waterfront Philippines'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.


Waterfront Philippines's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Waterfront Philippines's EV-to-EBIT distribution charts can be found below:

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



Waterfront Philippines 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 ₱454 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.


Waterfront Philippines  (PHS:WPI) EBIT Explanation

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

Waterfront Philippines'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 )
=447.068 * ( 1 - 0.06% )/( (18427.917 + 17956.417)/ 2 )
=446.7997592/18192.167
=2.46 %

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))
=20680.388 - 1775.245 - ( 477.226 - max(0, 2658.409 - 4858.219+477.226))
=18427.917

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))
=19811.943 - 927.415 - ( 928.111 - max(0, 1810.041 - 5649.833+928.111))
=17956.417

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

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

Waterfront Philippines'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 )
=447.068/( ( (11111.636 + max(-1266.193, 0)) + (10175.827 + max(-889.802, 0)) )/ 2 )
=447.068/( ( 11111.636 + 10175.827 )/ 2 )
=447.068/10643.7315
=4.20 %

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)
=(386.6 + 24.95 + 249.626) - (1775.245 + 0 + 152.124)
=-1266.193

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(663.786 + 26.525 + 229.928) - (927.415 + 0 + 882.626)
=-889.802

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:

Waterfront Philippines's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=453.971/3399.802
=13.35 %

* 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.


Waterfront Philippines EBIT Related Terms

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Waterfront Philippines (PHS:WPI) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Waterfront Drive, Off Salinas Drive Lahug, Cebu, CEB, PHL, 6000
Waterfront Philippines Inc is an investment holding company for hotel, leisure, and tourism business. The company holds equity interests in hotels and resorts, a fitness gym, and entities engaged in the international marketing and promotion of casinos. The group's operating businesses are organized and managed separately according to hotel property location, with each segment representing a strategic business unit. Its segments are WCCCHI, WMCHI, DIHCI, Parent Company and Others, and APHC and Subsidiaries. The majority is from the WCCCHI segment.

Waterfront Philippines (PHS:WPI) Headlines

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