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Comstock Holding Co (Comstock Holding Co) EBIT : $9.16 Mil (TTM As of Dec. 2023)


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What is Comstock Holding Co EBIT?

Comstock Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $2.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $9.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Comstock Holding Co's annualized ROC % for the quarter that ended in Dec. 2023 was 31.29%. Comstock Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 94.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Comstock Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.16%.


Comstock Holding Co EBIT Historical Data

The historical data trend for Comstock Holding Co'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.

Comstock Holding Co EBIT Chart

Comstock Holding Co 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 2.50 2.51 5.06 7.95 9.16

Comstock Holding Co 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 1.36 0.91 0.62 5.02 2.62

Competitive Comparison of Comstock Holding Co's EBIT

For the Real Estate - Diversified subindustry, Comstock Holding Co'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.


Comstock Holding Co's EV-to-EBIT Distribution in the Real Estate Industry

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

* The bar in red indicates where Comstock Holding Co's EV-to-EBIT falls into.



Comstock Holding Co 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 $9.16 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.


Comstock Holding Co  (NAS:CHCI) EBIT Explanation

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

Comstock Holding Co'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 )
=7.772 * ( 1 - -16.66% )/( (31.552 + 26.407)/ 2 )
=9.0668152/28.9795
=31.29 %

where

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

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

Comstock Holding Co'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 )
=10.46/( ( (7.611 + max(7.058, 0)) + (7.357 + max(0.078999999999998, 0)) )/ 2 )
=10.46/( ( 14.669 + 7.436 )/ 2 )
=10.46/11.0525
=94.64 %

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)
=(10.952 + 0 + 0.307) - (4.201 + 0 + 0)
=7.058

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.245 + 0 + 0.353) - (5.519 + 0 + 0)
=0.078999999999998

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:

Comstock Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=9.164/60.454
=15.16 %

* 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.


Comstock Holding Co EBIT Related Terms

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Comstock Holding Co (Comstock Holding Co) Business Description

Traded in Other Exchanges
Address
1900 Reston Metro Plaza, 10th Floor, Reston, VA, USA, 20190
Comstock Holding Co Inc is a developer and manager of mixed-use and transit-oriented properties with operations that are majorly focused on the Washington, D.C. metropolitan area. It provides a broad range of asset management services to customers and partners, composed primarily of private and institutional owners, investors in commercial, residential, and mixed-use real estate, and various governmental bodies seeking to leverage the potential of public-private partnerships.
Executives
David Peter Paul director C/O JBG/OPERATING PARTNERS, 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Thomas Joseph Holly director 1900 RESTON METRO PLAZA, 10TH FLOOR, RESTON VA 20190
Dwight C Schar 10 percent owner C/O NVR INC, 7601 LEWINSVILLE ROAD SUITE 300, MCLEEAN VA 22102
Ivy Zelman director 9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
James A Maccutcheon director 10770 COLUMBIA PIKE, SILVER SPRING MD 20901
Joseph M Squeri director 11465 SUNSET HILLS ROAD, 4TH FLOOR, RESTON VA 20190
David M Guernsey director 12414 CLIFTON HUNT DRIVE, CLIFTON VA 20124
Timothy Steffan officer: EVP, Asset Management 1886 METRO CENTER DR, 4TH FLOOR, RESTON VA 20190
54, L.c. Fr 10 percent owner 1886 METRO CENTER DRIVE, FOURTH FLOOR, RESTON VA 20190
Comstock Development Services, L.c. 10 percent owner 1886 METRO CENTER DRIVE, FOURTH FLOOR, RESTON VA 20190
Stonehenge Funding, L.c. 10 percent owner 1886 METRO CENTER DRIVE, FOURTH FLOOR, RESTON VA 20190
Christopher Michael Guthrie officer: Chief Financial Officer 1886 METRO CENTER DRIVE, 4TH FLOOR, RESTON VA 20190
Christopher Clemente director, 10 percent owner, officer: Chairman and CEO 11465 SUNSET HILLS ROAD, SUITE 510, RESTON VA 20910
Robert P Pincus director
Jubal R Thompson other: Secretary 11465 SUNSET HILLS ROAD, SUITE 400, RESTON VA 20190

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