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Equity One (Equity One) EBIT : $122.9 Mil (TTM As of Dec. 2016)


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What is Equity One EBIT?

Equity One's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2016 was $29.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $122.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Equity One's annualized ROC % for the quarter that ended in Dec. 2016 was 3.87%. Equity One's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 was 3.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Equity One's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2016 was 2.67%.


Equity One EBIT Historical Data

The historical data trend for Equity One'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.

Equity One EBIT Chart

Equity One Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.47 119.05 125.41 129.93 122.93

Equity One Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 28.83 34.35 34.39 24.41 29.77

Competitive Comparison of Equity One's EBIT

For the REIT - Retail subindustry, Equity One'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.


Equity One's EV-to-EBIT Distribution in the REITs Industry

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

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



Equity One 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $122.9 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.


Equity One  (NYSE:EQY) EBIT Explanation

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

Equity One's annualized ROC % for the quarter that ended in Dec. 2016 is calculated as:

ROC % (Q: Dec. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2016 ) + Invested Capital (Q: Dec. 2016 ))/ count )
=138.62 * ( 1 - 1.97% )/( (3542.8 + 3480.046)/ 2 )
=135.889186/3511.423
=3.87 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2016) data.

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

Equity One's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2016  Q: Dec. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=119.072/( ( (3091.606 + max(-256.001, 0)) + (3193.06 + max(-62.343, 0)) )/ 2 )
=119.072/( ( 3091.606 + 3193.06 )/ 2 )
=119.072/3142.333
=3.79 %

where Working Capital is:

Working Capital(Q: Sep. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.25) - (76.974 + 13.75 + 165.527)
=-256.001

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.871 + 0 + 0.25) - (61.423 + 14.041 + 0)
=-62.343

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2016) EBIT data.

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

Equity One's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2016 )
=122.928/4596.730
=2.67 %

* 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.


Equity One EBIT Related Terms

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Equity One (Equity One) Business Description

Traded in Other Exchanges
N/A
Address
Equity One is a retail real estate investment trust that mainly owns and manages neighborhood shopping centers often anchored by supermarkets, drugstores, or discount retail stores. Recently, Equity One owned roughly 160 properties in 13 states, with concentrations in south Florida (27% of assets), the Northeast (27%), California (21%), and north Florida (10%).
Executives
David R Lukes officer: Chief Executive Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Galia Maor director 1600 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Matthew Louis Ostrower officer: CFO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Michael Makinen officer: Chief Operating Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Cynthia R Cohen director 1401 BRICKELL AVENUE, SUITE 640, C/O STRATEGIC MINDSHARE, MIAMI FL 33131
Jordan Heller director C/O BED BATH & BEYOND INC, 650 LIBERTY AVE, UNION NJ 07083
Mgn America, Llc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Mgn Usa Inc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH, FL 33179
Mgn (usa) 2016, Llc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Ficus Inc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
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Gazit America Inc 10 percent owner 303-109 ATLANTIC AVENUE, TORONTO A6 M6K1X4
Gazit First Generation Ll 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Gazit-globe Ltd 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Gazit 1995 Inc 10 percent owner 1696 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179