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ASRMF (Grupo Aeroportuario del SuresteB de CV) EBIT : $741 Mil (TTM As of Sep. 2024)


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What is Grupo Aeroportuario del SuresteB de CV EBIT?

Grupo Aeroportuario del SuresteB de CV's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $208 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $741 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Grupo Aeroportuario del SuresteB de CV's annualized ROC % for the quarter that ended in Sep. 2024 was 19.30%. Grupo Aeroportuario del SuresteB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2,882.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Grupo Aeroportuario del SuresteB de CV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.70%.


Grupo Aeroportuario del SuresteB de CV EBIT Historical Data

The historical data trend for Grupo Aeroportuario del SuresteB de CV'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.

Grupo Aeroportuario del SuresteB de CV EBIT Chart

Grupo Aeroportuario del SuresteB de CV 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 463.73 190.13 437.19 766.32 927.64

Grupo Aeroportuario del SuresteB de CV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 224.91 211.18 244.47 288.61 208.08

Competitive Comparison of Grupo Aeroportuario del SuresteB de CV's EBIT

For the Airports & Air Services subindustry, Grupo Aeroportuario del SuresteB de CV'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.


Grupo Aeroportuario del SuresteB de CV's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grupo Aeroportuario del SuresteB de CV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Grupo Aeroportuario del SuresteB de CV's EV-to-EBIT falls into.



Grupo Aeroportuario del SuresteB de CV 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $741 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.


Grupo Aeroportuario del SuresteB de CV  (OTCPK:ASRMF) EBIT Explanation

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

Grupo Aeroportuario del SuresteB de CV's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=832.324 * ( 1 - 30.55% )/( (3156.713 + 2834.01)/ 2 )
=578.049018/2995.3615
=19.30 %

where

Invested Capital(Q: Mar. 2024 )
=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))
=4398.172 - 227.797 - ( 1013.662 - max(0, 295.172 - 1341.022+1013.662))
=3156.713

Invested Capital(Q: Sep. 2024 )
=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))
=3983.192 - 210.466 - ( 938.716 - max(0, 259.709 - 1207.088+938.716))
=2834.01

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Grupo Aeroportuario del SuresteB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=832.324/( ( (10.972 + max(35.121, 0)) + (11.662 + max(-0.19799999999998, 0)) )/ 2 )
=832.324/( ( 46.093 + 11.662 )/ 2 )
=832.324/28.8775
=2,882.26 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(171.603 + 0 + 91.315) - (227.797 + 0 + 0)
=35.121

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(112.77 + 0 + 97.498) - (210.466 + 0 + 0)
=-0.19799999999998

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Grupo Aeroportuario del SuresteB de CV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=741.164/7637.674
=9.70 %

* 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.


Grupo Aeroportuario del SuresteB de CV EBIT Related Terms

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Grupo Aeroportuario del SuresteB de CV Business Description

Address
Bosque de Alisos No. 47A, 4th Floor, Bosques de las Lomas, Ciudad de Mexico, DF, MEX, 05120
Grupo Aeroportuario del Sureste SAB de CV operates airports in southeast Mexico. The company's segments include Cancun; Aerostar; Airplan; Merida; Villahermosa; Holding and Services and other. It generates maximum revenue from the Cancun segment.