BriQ Properties REIC (ATH:BRIQ) EBIT : €17.23 Mil (TTM As of Dec. 2023)

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What is BriQ Properties REIC EBIT?

BriQ Properties REIC's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €9.45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €17.23 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BriQ Properties REIC's annualized ROC % for the quarter that ended in Dec. 2023 was 4.89%. BriQ Properties REIC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1,784.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BriQ Properties REIC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 17.16%.

BriQ Properties REIC EBIT Historical Data

The historical data trend for BriQ Properties REIC'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.

BriQ Properties REIC EBIT Chart

BriQ Properties REIC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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6.03

2.44

8.90

13.19

17.23

BriQ Properties REIC 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															4.07	1.48	4.37	1.93	9.45

Competitive Comparison of BriQ Properties REIC's EBIT

For the REIT - Office subindustry, BriQ Properties REIC'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.

BriQ Properties REIC's EV-to-EBIT Distribution in the REITs Industry

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

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

BriQ Properties REIC 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 €17.23 Mil.

BriQ Properties REIC (ATH:BRIQ) EBIT Explanation

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

BriQ Properties REIC'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 )
=	7.456 * ( 1 - 2.26% )	/	( (145.681	+	152.248)	/ 2 )
=	7.2874944	/	148.9645
=	4.89 %

where

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	147.396	-	2.191	-	( 2.894	-	max(0, 4.879	-	4.403	+	2.894	))
=	145.681

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	156.108	-	1.837	-	( 2.786	-	max(0, 3.685	-	5.708	+	2.786	))
=	152.248

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

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

BriQ Properties REIC'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 )
=	37.784	/	( ( (1.579 + max(-0.682, 0))	+	(1.57 + max(1.085, 0)) )	/	2 )
=	37.784	/	( ( 1.579	+	2.655 )	/	2 )
=	37.784	/	2.117
=	1,784.79 %

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)
=	(0.643	+	0	+	0.866)	-	(2.191	+	0	+	0)
=	-0.682

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.196	+	0	+	1.726)	-	(1.837	+	0	+	0)
=	1.085

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	17.225	/	100.395
	=	17.16 %

BriQ Properties REIC EBIT Related Terms

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BriQ Properties REIC (ATH:BRIQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BriQ Properties REIC (ATH:BRIQ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

BRW:Germany

Address

25th Alexandrou Pantou Street, 1st Floor, Kallithea, Athens, GRC, 17671

Website

https://www.briqproperties.gr

BriQ Properties REIC is an independent real estate investment company. The company owns and manages commercial real estate properties in the Greek market. It has also established local networks to source compelling investment opportunities in Athens and major Greek cities in the commercial property sectors to include office, retail and logistics.

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