GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Aedifica SA (CHIX:AEDb) » Definitions » EBIT

Aedifica (CHIX:AEDB) EBIT : €149.1 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Aedifica EBIT?

Aedifica's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €80.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €149.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aedifica's annualized ROC % for the quarter that ended in Mar. 2024 was 4.60%. Aedifica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 911.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aedifica's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.94%.


Aedifica EBIT Historical Data

The historical data trend for Aedifica'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.

Aedifica EBIT Chart

Aedifica Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.99 140.12 358.15 411.50 69.56

Aedifica Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 0.83 49.13 45.49 -25.88 80.36

Competitive Comparison of Aedifica's EBIT

For the REIT - Healthcare Facilities subindustry, Aedifica'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.


Aedifica's EV-to-EBIT Distribution in the REITs Industry

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

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



Aedifica 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 €149.1 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.


Aedifica  (CHIX:AEDb) EBIT Explanation

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

Aedifica'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 )
=277.74 * ( 1 - -7.6% )/( (6405.768 + 6579.504)/ 2 )
=298.84824/6492.636
=4.60 %

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))
=6176.811 - 51.014 - ( 18.253 - max(0, 407.308 - 127.337+18.253))
=6405.768

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))
=6276.952 - 0.009 - ( 16.608 - max(0, 456.906 - 154.345+16.608))
=6579.504

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

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

Aedifica'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 )
=321.444/( ( (2.185 + max(14.25, 0)) + (2.104 + max(52.002, 0)) )/ 2 )
=321.444/( ( 16.435 + 54.106 )/ 2 )
=321.444/35.2705
=911.37 %

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)
=(23.29 + 0 + 73.921) - (51.014 + 0 + 31.947)
=14.25

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.628 + 0 + 106.112) - (0.009 + 0 + 65.729)
=52.002

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:

Aedifica's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=149.098/5064.632
=2.94 %

* 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.


Aedifica EBIT Related Terms

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


Aedifica (CHIX:AEDB) Business Description

Traded in Other Exchanges
Address
Rue Belliard 40 (box 11), Brussels, BEL, B-1040
Aedifica SA is a Belgian real estate investment trust that invests in, develops, and leases healthcare properties. The company focuses on providing housing for the aging population in Western Europe and the growing populations in Belgium's major cities. The majority of Aedifica's real estate portfolio is composed of Elderly care homes. The company derives the vast majority of its income in the form of rental revenue. Its geographical segments are Belgium, Germany, Netherlands, Ireland, United Kingdom, Finland, and Sweden.

Aedifica (CHIX:AEDB) Headlines

No Headlines