IRSA Propiedades Comerciales (BUE:IRCP) EBIT: ARS-26,977 Mil (TTM As of Sep. 2021)


BUE:IRCP IRSA Propiedades Comerciales SA BUE:IRCP
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Price ARS128.90
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What is IRSA Propiedades Comerciales EBIT?

IRSA Propiedades Comerciales BUE:IRCP 5 EBIT is ARS-26,977 Mil as of Sep. 2021. GuruFocus rates BUE:IRCP with a GF Score™ of 5/100.

IRSA Propiedades Comerciales's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2021 was ARS-1,476 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2021 was ARS-26,977 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IRSA Propiedades Comerciales's annualized ROC % for the quarter that ended in Sep. 2021 was 2.75%. IRSA Propiedades Comerciales's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -66.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IRSA Propiedades Comerciales's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -26.78%.

IRSA Propiedades Comerciales  (BUE:IRCP) EBIT Explanation

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

IRSA Propiedades Comerciales's annualized ROC % for the quarter that ended in Sep. 2021 is calculated as:

ROC % (Q: Sep. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2021 ) + Invested Capital (Q: Sep. 2021 ))/ count )
=7244 * ( 1 - 36.7% )/( (163589 + 170415)/ 2 )
=4585.452/167002
=2.75 %

where

Invested Capital(Q: Jun. 2021 )
=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))
=177404 - 4917 - ( 8898 - max(0, 13122 - 22652+8898))
=163589

Invested Capital(Q: Sep. 2021 )
=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))
=186758 - 5452 - ( 12588 - max(0, 12282 - 23173+12588))
=170415

Note: The Operating Income data used here is four times the quarterly (Sep. 2021) data.

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

IRSA Propiedades Comerciales's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2021  Q: Sep. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5904/( ( (2183 + max(8419, 0)) + (2415 + max(4781, 0)) )/ 2 )
=-5904/( ( 10602 + 7196 )/ 2 )
=-5904/8899
=-66.34 %

where Working Capital is:

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13565 + 46 + 143) - (4917 + 0 + 418)
=8419

Working Capital(Q: Sep. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10408 + 49 + 128) - (5452 + 0 + 352)
=4781

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

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

IRSA Propiedades Comerciales's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2021 )
=-26977/100731.549
=-26.78 %

* 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.

IRSA Propiedades Comerciales EBIT Related Terms

IRSA Propiedades Comerciales EBIT Historical Data

* Premium members only.

The historical data trend for IRSA Propiedades Comerciales'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.

IRSA Propiedades Comerciales EBIT Chart

IRSA Propiedades Comerciales Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 656.32 15,954.65 -43,756.00 40,251.00 -4,004.00

IRSA Propiedades Comerciales Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 28,217.00 -11,660.00 -12,520.00 -1,321.00 -1,476.00

BUE:IRCP vs TCI, QK, NEN: EBIT Comparison

For the Real Estate Services subindustry, IRSA Propiedades Comerciales'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.

IRSA Propiedades Comerciales EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IRSA Propiedades Comerciales's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where IRSA Propiedades Comerciales's EV-to-EBIT falls into.


BUE:IRCP
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IRSA Propiedades Comerciales SA BUE:IRCP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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IRSA Propiedades Comerciales 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS-26,977 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ARS-26,977 Mil mean?
IRSA Propiedades Comerciales (BUE:IRCP) has a EBIT of ARS-26,977 Mil as of Sep. 2021. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on IRSA Propiedades Comerciales.
Is IRSA Propiedades Comerciales' EBIT too high?
IRSA Propiedades Comerciales' current EBIT is ARS-26,977 Mil. Overall, IRSA Propiedades Comerciales has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does IRSA Propiedades Comerciales' EBIT compare to TCI and QK?
IRSA Propiedades Comerciales' EBIT of ARS-26,977 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Real Estate company?
A good EBIT depends on the Real Estate industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on IRSA Propiedades Comerciales. IRSA Propiedades Comerciales's current EBIT is ARS-26,977 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRSA Propiedades Comerciales stock overvalued right now?
IRSA Propiedades Comerciales (BUE:IRCP) has a current EBIT of ARS-26,977 Mil. The current EBIT is ARS-26,977 Mil. IRSA Propiedades Comerciales' overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For IRSA Propiedades Comerciales (BUE:IRCP), the current EBIT is ARS-26,977 Mil as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IRSA Propiedades Comerciales Business Description

Address Moreno 877, 22nd Floor, Ciudad Autonoma de Buenos Aires, Buenos Aires, ARG, C1091AAQ
IRSA Propiedades Comerciales SA is engaged in the ownership, lease, management, development, operation, and purchase of shopping centers. Its primarily owns, purchases, develops, leases, manages and operates shopping centers. Its business segments include Shopping Malls, Offices, Sales and Developments, and Others. The Shopping Malls segment is a key revenue driver, is engaged in the operation and development of shopping malls. Offices and Others segment consists of leasing of properties and other rental properties and services related to them. Its Sales and Development segment covers sales of undeveloped parcels of land and properties and activities relating to property maintenance.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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