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CapitaLand Integrated Commercial Trust (FRA:M3T) EBIT : €835 Mil (TTM As of Jun. 2024)


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What is CapitaLand Integrated Commercial Trust EBIT?

CapitaLand Integrated Commercial Trust's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €380 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €835 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CapitaLand Integrated Commercial Trust's annualized ROC % for the quarter that ended in Jun. 2024 was 4.08%. CapitaLand Integrated Commercial Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 22,730.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CapitaLand Integrated Commercial Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.02%.


CapitaLand Integrated Commercial Trust EBIT Historical Data

The historical data trend for CapitaLand Integrated Commercial Trust'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.

CapitaLand Integrated Commercial Trust EBIT Chart

CapitaLand Integrated Commercial Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 539.40 296.21 833.68 673.13 843.25

CapitaLand Integrated Commercial Trust Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 355.51 309.87 386.47 455.23 379.60

Competitive Comparison of CapitaLand Integrated Commercial Trust's EBIT

For the REIT - Retail subindustry, CapitaLand Integrated Commercial Trust'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.


CapitaLand Integrated Commercial Trust's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where CapitaLand Integrated Commercial Trust's EV-to-EBIT falls into.



CapitaLand Integrated Commercial Trust 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €835 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.


CapitaLand Integrated Commercial Trust  (FRA:M3T) EBIT Explanation

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

CapitaLand Integrated Commercial Trust's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=731.378 * ( 1 - 0.66% )/( (17660.989 + 17974.818)/ 2 )
=726.5509052/17817.9035
=4.08 %

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))
=17030.087 - 235.924 - ( 96.856 - max(0, 1000.743 - 133.917+96.856))
=17660.989

Invested Capital(Q: Jun. 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))
=17052.848 - 219.882 - ( 101.147 - max(0, 1296.044 - 154.192+101.147))
=17974.818

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

CapitaLand Integrated Commercial Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=759.196/( ( (3.406 + max(-285.043, 0)) + (3.274 + max(-233.386, 0)) )/ 2 )
=759.196/( ( 3.406 + 3.274 )/ 2 )
=759.196/3.34
=22,730.42 %

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)
=(13.921 + 0 + 11.446) - (235.924 + 0 + 74.486)
=-285.043

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47.963 + 0 + 5.082) - (219.882 + 0 + 66.549)
=-233.386

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

CapitaLand Integrated Commercial Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=834.825/16618.344
=5.02 %

* 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.


CapitaLand Integrated Commercial Trust EBIT Related Terms

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CapitaLand Integrated Commercial Trust Business Description

Traded in Other Exchanges
Address
168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand Integrated Commercial Trust was established following the merger between CapitaLand Mall Trust and CapitaLand Commercial Trust in October 2020. The trust has a diversified portfolio of 26 properties valued at SGD 13.7 billion as at June 30, 2024. These includes offices (mainly in the central business district), retail malls (includes urban and suburban malls), and integrated development. Most of its properties are located in Singapore, with assets in Germany and Australia making up less than 10% of its portfolio. The trust is externally managed by CapitaLand Integrated Commercial Trust Management; parent CapitaLand retains a 24% stake in CICT.

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