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Alony-Hetz Properties & Investments (XTAE:ALHE) EBIT : ₪-1,539 Mil (TTM As of Dec. 2023)


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What is Alony-Hetz Properties & Investments EBIT?

Alony-Hetz Properties & Investments's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₪-1,385 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₪-1,539 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alony-Hetz Properties & Investments's annualized ROC % for the quarter that ended in Dec. 2023 was 3.16%. Alony-Hetz Properties & Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -70.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alony-Hetz Properties & Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.10%.


Alony-Hetz Properties & Investments EBIT Historical Data

The historical data trend for Alony-Hetz Properties & 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.

Alony-Hetz Properties & Investments EBIT Chart

Alony-Hetz Properties & Investments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,290.69 2,262.80 948.67 2,622.33 589.79

Alony-Hetz Properties & Investments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -497.09 144.71 -95.99 -202.09 -1,385.32

Competitive Comparison of Alony-Hetz Properties & Investments's EBIT

For the Real Estate Services subindustry, Alony-Hetz Properties & 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.


Alony-Hetz Properties & Investments's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alony-Hetz Properties & Investments's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alony-Hetz Properties & Investments's EV-to-EBIT falls into.



Alony-Hetz Properties & 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪-1,539 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.


Alony-Hetz Properties & Investments  (XTAE:ALHE) EBIT Explanation

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

Alony-Hetz Properties & Investments's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1189.852 * ( 1 - -3.57% )/( (38813.391 + 39241.151)/ 2 )
=1232.3297164/39027.271
=3.16 %

where

Invested Capital(Q: Sep. 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))
=37774.641 - 1299.647 - ( 1142.297 - max(0, 3899.98 - 1561.583+1142.297))
=38813.391

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))
=38731.166 - 964.572 - ( 2197.677 - max(0, 4860.704 - 3386.147+2197.677))
=39241.151

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Alony-Hetz Properties & Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5541.268/( ( (7403.834 + max(-1094.62, 0)) + (8216.74 + max(-615.6, 0)) )/ 2 )
=-5541.268/( ( 7403.834 + 8216.74 )/ 2 )
=-5541.268/7810.287
=-70.95 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(149.137 + 0 + 55.89) - (1299.647 + 0 + 0)
=-1094.62

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(127.46 + 0 + 961.673) - (964.572 + 0 + 740.161)
=-615.6

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Alony-Hetz Properties & Investments's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1538.688/25241.475
=-6.10 %

* 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.


Alony-Hetz Properties & Investments EBIT Related Terms

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Alony-Hetz Properties & Investments (XTAE:ALHE) Business Description

Traded in Other Exchanges
N/A
Address
2 Jabotinsky Street, Amot Atrium Tower, Ramat Gan, ISR, 5250501
Alony-Hetz Properties & Investments Ltd is a real estate company that owns and operates commercial properties in Israel and overseas. Its strategy is to manage a large and diversified property portfolio in developing areas and mature markets. The company also purchases and develops real estate to support its rental operations. The type of real estate it manages includes office buildings, commercial centers, supermarkets, central business stations, and industrial parks. The company's largest property investments are based in Israel, followed by the United States, Switzerland, the United Kingdom, and other regions. It also develops and maintains renewable energy installations in Israel and Poland.

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