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Frasers Property (Frasers Property) EBIT : $605 Mil (TTM As of Mar. 2024)


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What is Frasers Property EBIT?

Frasers Property's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was $463 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $605 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Frasers Property's annualized ROC % for the quarter that ended in Mar. 2024 was 1.46%. Frasers Property's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 30.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Frasers Property's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.47%.


Frasers Property EBIT Historical Data

The historical data trend for Frasers Property'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 EBIT Chart

Frasers Property Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,301.32 965.86 1,828.37 1,784.47 679.48

Frasers Property Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 539.71 1,266.09 547.22 141.57 463.42

Competitive Comparison of Frasers Property's EBIT

For the Real Estate - Diversified subindustry, Frasers Property'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's EV-to-EBIT Distribution in the Real Estate Industry

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

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



Frasers Property 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 semi-annually data reported by the company within the most recent 12 months, which was $605 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  (OTCPK:FSRPF) EBIT Explanation

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

Frasers Property'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: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=638.84 * ( 1 - 36.59% )/( (27470.951 + 28000.937)/ 2 )
=405.088444/27735.944
=1.46 %

where

Invested Capital(Q: Sep. 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))
=29171.632 - 940.518 - ( 1896.815 - max(0, 4865.413 - 5625.576+1896.815))
=27470.951

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))
=29929.685 - 1431.102 - ( 1966.608 - max(0, 5262.89 - 5760.536+1966.608))
=28000.937

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

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

Frasers Property'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: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=926.832/( ( (1543.268 + max(1205.177, 0)) + (1586.073 + max(1710.599, 0)) )/ 2 )
=926.832/( ( 2748.445 + 3296.672 )/ 2 )
=926.832/3022.5585
=30.66 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(73.101 + 2656.468 + 476.596) - (940.518 + 0 + 1060.47)
=1205.177

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(697.468 + 2772.994 + 280.692) - (1431.102 + 0 + 609.453)
=1710.599

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=604.983/13520.621
=4.47 %

* 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 EBIT Related Terms

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Frasers Property (Frasers Property) Business Description

Traded in Other Exchanges
Address
438 Alexandra Road, No. 21-00 Alexandra Point, Singapore, SGP, 119958
Frasers Property Ltd owns, develops and manages a diverse, integrated portfolio of properties. Its assets range from residential, retail, commercial and business parks, to industrial and logistics in Singapore, Australia, Europe, China, and Southeast Asia. The Company's reportable operating segments comprise four strategic business units which are Singapore , Australia and Industrial, Hospitality, Thailand & Vietnam and Others. It generates majority of the revenue from singapore segment.

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