Apex Development PCL (BKK:APEX) EBIT : ฿-49.49 Mil (TTM As of Dec. 2022)

View and export this data going back to 1990. Start your Free Trial

What is Apex Development PCL EBIT?

Apex Development PCL's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was ฿-28.97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was ฿-49.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Apex Development PCL's annualized ROC % for the quarter that ended in Dec. 2022 was -1.47%. Apex Development PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -15.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Apex Development PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -2.38%.

Apex Development PCL EBIT Historical Data

The historical data trend for Apex Development PCL'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.

Apex Development PCL EBIT Chart

Apex Development PCL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

-178.25

-198.01

-55.94

-119.22

-49.49

Apex Development PCL Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
EBIT	Get a 7-Day Free Trial															-83.33	-4.19	-8.52	-7.82	-28.97

Competitive Comparison of Apex Development PCL's EBIT

For the Real Estate - Development subindustry, Apex Development PCL'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.

Apex Development PCL's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Apex Development PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Apex Development PCL's EV-to-EBIT falls into.

Apex Development PCL 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-49.49 Mil.

Apex Development PCL (BKK:APEX) EBIT Explanation

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

Apex Development PCL's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2022 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	-41.764 * ( 1 - -1.81% )	/	( (2977.897	+	2802.457)	/ 2 )
=	-42.5199284	/	2890.177
=	-1.47 %

where

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	2427.962	-	765.163	-	( 0.642	-	max(0, 3235.517	-	1920.419	+	0.642	))
=	2977.897

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	2423.01	-	919.899	-	( 0.318	-	max(0, 3213.632	-	1914.286	+	0.318	))
=	2802.457

Note: The Operating Income data used here is four times the quarterly (Dec. 2022) data.

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

Apex Development PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2022		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-115.868	/	( ( (98.81 + max(663.027, 0))	+	(94.744 + max(599.884, 0)) )	/	2 )
=	-115.868	/	( ( 761.837	+	694.628 )	/	2 )
=	-115.868	/	728.2325
=	-15.91 %

where Working Capital is:

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	1871.307	+	54.945)	-	(765.163	+	390.151	+	107.911)
=	663.027

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	1865.584	+	54.841)	-	(919.899	+	390.151	+	10.491)
=	599.884

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

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

Apex Development PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	-49.494	/	2075.880
	=	-2.38 %

Apex Development PCL EBIT Related Terms

Thank you for viewing the detailed overview of Apex Development PCL's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Apex Development PCL (BKK:APEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Apex Development PCL (BKK:APEX) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

18th floor, Zone A, Ploenjit Road, 900 Tonson tower, Lumpini, Pathumwan, Bangkok, THA, 10330

Website

https://www.apexpcl.com

Apex Development PCL develops real estate for sale and operation for types of condominiums and hotels and operation of rental management. The company develops and sells residential properties, commercial buildings, hotels, retirement, and medical care resorts, and shopping complexes to investors and individual buyers. A majority of the revenue is derived from the real estate development business. Moreover, APEX provides service for the customer to operate apartments and villas for rent, whereas APEX will charge a management fee and pay the investment return to the customer as a contract.