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INET Freehold and Leasehold REIT (BKK:INETREIT) EBIT : ฿332.5 Mil (TTM As of Mar. 2024)


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What is INET Freehold and Leasehold REIT EBIT?

INET Freehold and Leasehold REIT's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ฿74.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ฿332.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. INET Freehold and Leasehold REIT's annualized ROC % for the quarter that ended in Mar. 2024 was 5.38%. INET Freehold and 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. INET Freehold and Leasehold REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.95%.


INET Freehold and Leasehold REIT EBIT Historical Data

The historical data trend for INET Freehold and 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.

INET Freehold and Leasehold REIT EBIT Chart

INET Freehold and Leasehold REIT Annual Data
Trend Dec21 Dec22 Dec23
EBIT
351.96 542.94 347.17

INET Freehold and Leasehold REIT Quarterly Data
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 88.71 87.78 83.98 86.70 74.08

Competitive Comparison of INET Freehold and Leasehold REIT's EBIT

For the REIT - Specialty subindustry, INET Freehold and 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.


INET Freehold and Leasehold REIT's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where INET Freehold and Leasehold REIT's EV-to-EBIT falls into.



INET Freehold and 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 ฿332.5 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.


INET Freehold and Leasehold REIT  (BKK:INETREIT) EBIT Explanation

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

INET Freehold and 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 )
=302.66 * ( 1 - 0% )/( (4430.765 + 6813.732)/ 2 )
=302.66/5622.2485
=5.38 %

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))
=7309.575 - 83.787 - ( 491.754 - max(0, 141.247 - 553.303+491.754))
=6813.732

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

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

INET Freehold and 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 )
=296.3/( ( (0 + max(-4.097, 0)) + (0 + max(-81.38, 0)) )/ 2 )
=296.3/( ( 0 + 0 )/ 2 )
=296.3/0
= %

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)
=(0 + 0 + 5.573) - (9.67 + 0 + 0)
=-4.097

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 54.819 + 5.048) - (83.787 + 57.46 + 0)
=-81.38

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:

INET Freehold and Leasehold REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=332.542/5588.706
=5.95 %

* 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.


INET Freehold and Leasehold REIT EBIT Related Terms

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INET Freehold and Leasehold REIT (BKK:INETREIT) Business Description

Traded in Other Exchanges
N/A
Address
New Petchaburi Road, 1768 Thai Summit Tower, 24th Floor, Khwaeng Bang Kapi, Khet Huay Khwang, Bangkok, THA, 10310
INET Leasehold REIT invests in ownership of data center buildings, substation control towers, and buildings and equipment related to project operations. The Trust only operates in one business segment which is the investment in data center real estate in Thailand.

INET Freehold and Leasehold REIT (BKK:INETREIT) Headlines

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