Gateway Real Estate AG (XTER:GTY) EBIT : €12.30 Mil (TTM As of Sep. 2023)

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What is Gateway Real Estate AG EBIT?

Gateway Real Estate AG's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was €-17.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was €12.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gateway Real Estate AG's annualized ROC % for the quarter that ended in Sep. 2023 was 4.56%. Gateway Real Estate AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -17.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gateway Real Estate AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 1.47%.

Gateway Real Estate AG EBIT Historical Data

The historical data trend for Gateway Real Estate AG'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.

Gateway Real Estate AG EBIT Chart

Gateway Real Estate AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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73.91

161.36

120.71

97.88

26.71

Gateway Real Estate AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															3.58	-0.18	15.15	14.34	-17.02

Competitive Comparison of Gateway Real Estate AG's EBIT

For the Real Estate - Development subindustry, Gateway Real Estate AG'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.

Gateway Real Estate AG's EV-to-EBIT Distribution in the Real Estate Industry

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

* The bar in red indicates where Gateway Real Estate AG's EV-to-EBIT falls into.

Gateway Real Estate AG 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €12.30 Mil.

Gateway Real Estate AG (XTER:GTY) EBIT Explanation

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

Gateway Real Estate AG's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	61.672 * ( 1 - 11.05% )	/	( (1207.049	+	1201.247)	/ 2 )
=	54.857244	/	1204.148
=	4.56 %

where

	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	))
=	1516.333	-	155.455	-	( 153.829	-	max(0, 832.515	-	1137.722	+	153.829	))
=	1207.049

	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	))
=	1510.793	-	149.995	-	( 159.551	-	max(0, 994.797	-	1154.602	+	159.551	))
=	1201.247

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

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

Gateway Real Estate AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-68.06	/	( ( (0.001 + max(794.447, 0))	+	(0 + max(0.25400000000013, 0)) )	/	2 )
=	-68.06	/	( ( 794.448	+	0.25400000000013 )	/	2 )
=	-68.06	/	397.351
=	-17.13 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.716	+	913.388	+	68.789)	-	(155.455	+	0	+	33.991)
=	794.447

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.045	+	924.706	+	67.3)	-	(149.995	+	0	+	844.802)
=	0.25400000000013

When net working capital is negative, 0 is used.

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

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

Gateway Real Estate AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	12.296	/	834.117
	=	1.47 %

Gateway Real Estate AG EBIT Related Terms

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Gateway Real Estate AG (XTER:GTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Gateway Real Estate AG (XTER:GTY) » Definitions » EBIT

Traded in Other Exchanges

GTY:Germany GTY:Germany

Address

Hardenbergstr. 28a, Berlin, BB, DEU, 10623

Website

https://www.gateway-re.de

Gateway Real Estate AG is a developer of commercial and residential real estate properties in Germany. The company's operating segment includes Standing Assets; Commercial Properties Development; and Residential Properties Development. Its property portfolio consists of Commercial and Residential Properties, Offices, Hotels, Shopping Centers, Office Refurbishments, and Parking Spaces. Geographically, the company conducts all its business activities in Germany.