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Becton Property Group (ASX:BEC) EBIT : A$-144.9 Mil (TTM As of Jun. 2012)


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What is Becton Property Group EBIT?

Becton Property Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2012 was A$-98.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2012 was A$-144.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Becton Property Group's annualized ROC % for the quarter that ended in Jun. 2012 was -55.98%. Becton Property Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2012 was -675.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Becton Property Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2012 was -5,953.93%.

Becton Property Group EBIT Historical Data

The historical data trend for Becton Property Group'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.

Becton Property Group EBIT Chart

Becton Property Group Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
EBIT
Get a 7-Day Free Trial -445.35 -298.85 -171.46 -69.78 -144.86

Becton Property Group Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12
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 -87.41 -65.06 -4.72 -46.54 -98.32

Competitive Comparison of Becton Property Group's EBIT

For the Real Estate - Development subindustry, Becton Property Group'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.

Becton Property Group's EV-to-EBIT Distribution in the Real Estate Industry

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

* The bar in red indicates where Becton Property Group's EV-to-EBIT falls into.


Becton Property Group 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 Jun. 2012 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-144.9 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.

Becton Property Group  (ASX:BEC) EBIT Explanation

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

Becton Property Group's annualized ROC % for the quarter that ended in Jun. 2012 is calculated as:

ROC % (Q: Jun. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2011 ) + Invested Capital (Q: Jun. 2012 ))/ count )
=-196.634 * ( 1 - -0.07% )/( (456.34 + 246.638)/ 2 )
=-196.7716438/351.489
=-55.98 %

where

Invested Capital(Q: Dec. 2011 )
=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))
=310.907 - 16.519 - ( 0 - max(0, 251.795 - 89.843+0))
=456.34

Invested Capital(Q: Jun. 2012 )
=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))
=261.332 - 14.694 - ( 0 - max(0, 54.414 - 77.602+0))
=246.638

Note: The Operating Income data used here is two times the semi-annual (Jun. 2012) data.

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

Becton Property Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2012 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2012 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2011  Q: Jun. 2012
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-196.634/( ( (0 + max(-163.287, 0)) + (39.65 + max(18.527, 0)) )/ 2 )
=-196.634/( ( 0 + 58.177 )/ 2 )
=-196.634/29.0885
=-675.99 %

where Working Capital is:

Working Capital(Q: Dec. 2011 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 88.508) - (16.519 + 0 + 235.276)
=-163.287

Working Capital(Q: Jun. 2012 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 72.287) - (14.694 + 0 + 39.066)
=18.527

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2012) EBIT data.

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

Becton Property Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2012 )
=-144.859/2.433
=-5,953.93 %

* 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.

Becton Property Group EBIT Related Terms

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