GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT-F) » Definitions » EBIT

Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT-F) EBIT : ฿3,154 Mil (TTM As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Frasers Property Thailand Industrial Freehold & Leasehold REIT EBIT?

Frasers Property Thailand Industrial Freehold & Leasehold REIT's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿654 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ฿3,154 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Frasers Property Thailand Industrial Freehold & Leasehold REIT's annualized ROC % for the quarter that ended in Mar. 2024 was 5.64%. Frasers Property Thailand Industrial Freehold & Leasehold REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Frasers Property Thailand Industrial Freehold & Leasehold REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.29%.


Frasers Property Thailand Industrial Freehold & Leasehold REIT EBIT Historical Data

The historical data trend for Frasers Property Thailand Industrial Freehold & Leasehold 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.

Frasers Property Thailand Industrial Freehold & Leasehold REIT EBIT Chart

Frasers Property Thailand Industrial Freehold & Leasehold REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only 2,118.67 1,509.02 2,522.95 2,768.33 3,252.03

Frasers Property Thailand Industrial Freehold & Leasehold REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 717.73 769.20 995.44 735.08 654.30

Competitive Comparison of Frasers Property Thailand Industrial Freehold & Leasehold REIT's EBIT

For the REIT - Industrial subindustry, Frasers Property Thailand Industrial Freehold & Leasehold 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.


Frasers Property Thailand Industrial Freehold & Leasehold REIT's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Frasers Property Thailand Industrial Freehold & Leasehold REIT's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Frasers Property Thailand Industrial Freehold & Leasehold REIT's EV-to-EBIT falls into.



Frasers Property Thailand Industrial Freehold & Leasehold 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿3,154 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.


Frasers Property Thailand Industrial Freehold & Leasehold REIT  (BKK:FTREIT-F) EBIT Explanation

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

Frasers Property Thailand Industrial Freehold & Leasehold REIT's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=2967.236 * ( 1 - 0% )/( (52569.68 + 52582.681)/ 2 )
=2967.236/52576.1805
=5.64 %

where

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))
=50254.612 - 232.432 - ( 150.364 - max(0, 2836.511 - 289.011+150.364))
=52569.68

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))
=50363.289 - 311.904 - ( 305.079 - max(0, 2985.61 - 454.314+305.079))
=52582.681

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

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

Frasers Property Thailand Industrial Freehold & Leasehold REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2617.216/( ( (0 + max(-1438.938, 0)) + (0 + max(-1506.076, 0)) )/ 2 )
=2617.216/( ( 0 + 0 )/ 2 )
=2617.216/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(87.873 + 0 + 5.6843418860808E-14) - (232.432 + 1294.379 + 0)
=-1438.938

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(101.534 + 0 + 0) - (311.904 + 1295.706 + 4.5474735088646E-13)
=-1506.076

When net working capital is negative, 0 is used.

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

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

Frasers Property Thailand Industrial Freehold & Leasehold REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=3154.026/43275.600
=7.29 %

* 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.


Frasers Property Thailand Industrial Freehold & Leasehold REIT EBIT Related Terms

Thank you for viewing the detailed overview of Frasers Property Thailand Industrial Freehold & Leasehold REIT's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT-F) Business Description

Traded in Other Exchanges
Address
Rama 4 Road, No.944 Mitrtown Office Tower, 22nd-23rd Floor, Wang Mai Sub-district, Pathum Wan District, Bangkok, THA, 10330
Frasers Property Thailand Industrial Freehold & Leasehold REIT buys land and parks to develop factory building and offer it for rent in Thailand. The company also provides logistic warehouse, custom factories and warehouse and sales and leasebacks. The trust's objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease and/or sub-lease of immovable properties.

Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT-F) Headlines

No Headlines