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FairPlay Properties REIT (XBUL:FPP) EBIT : лв3.68 Mil (TTM As of Dec. 2023)


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What is FairPlay Properties REIT EBIT?

FairPlay Properties REIT's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was лв1.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was лв3.68 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FairPlay Properties REIT's annualized ROC % for the quarter that ended in Dec. 2023 was 5.02%. FairPlay Properties REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FairPlay Properties REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.99%.


FairPlay Properties REIT EBIT Historical Data

The historical data trend for FairPlay Properties REIT'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.

FairPlay Properties REIT EBIT Chart

FairPlay Properties REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 0.59 0.34 -0.20 6.34 3.68

FairPlay Properties REIT 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 3.77 0.81 0.81 0.93 1.13

Competitive Comparison of FairPlay Properties REIT's EBIT

For the REIT - Diversified subindustry, FairPlay Properties REIT'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.


FairPlay Properties REIT's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where FairPlay Properties REIT's EV-to-EBIT falls into.



FairPlay Properties REIT 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 лв3.68 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.


FairPlay Properties REIT  (XBUL:FPP) EBIT Explanation

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

FairPlay Properties REIT'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 )
=6.816 * ( 1 - 0% )/( (134.297 + 137.219)/ 2 )
=6.816/135.758
=5.02 %

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:

FairPlay Properties REIT'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 )
=4.524/( ( (20.659 + max(32.642, 0)) + (18.921 + max(32.601, 0)) )/ 2 )
=4.524/( ( 53.301 + 51.522 )/ 2 )
=4.524/52.4115
=8.63 %

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)
=(0.146 + 34.33 + 1.355) - (1.64 + 0 + 1.549)
=32.642

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.354 + 35.64 + 0.996) - (1.025 + 0 + 3.364)
=32.601

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:

FairPlay Properties REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=3.677/92.230
=3.99 %

* 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.


FairPlay Properties REIT EBIT Related Terms

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FairPlay Properties REIT (XBUL:FPP) Business Description

Traded in Other Exchanges
N/A
Address
51B Cherni Vruh Boulevard, Sofia, BGR, 1407
FairPlay Properties REIT is a real estate investment trust. The company's portfolio consists of apartment complexes, hotels, commercial buildings, residential buildings, and offices among others. Some of its projects are Fodder Kitchen, Fodder Plant, Moderato Restaurant, Greenville Hotel and Apartment Houses, and others.

FairPlay Properties REIT (XBUL:FPP) Headlines

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