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GAG Immobilien AG (HAM:GWK3) EBIT : €85.3 Mil (TTM As of Dec. 2022)


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What is GAG Immobilien AG EBIT?

GAG Immobilien AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was €85.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was €85.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GAG Immobilien AG's annualized ROC % for the quarter that ended in Dec. 2022 was 0.82%. GAG Immobilien AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 2.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GAG Immobilien AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 2.74%.


GAG Immobilien AG EBIT Historical Data

The historical data trend for GAG Immobilien AG'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.

GAG Immobilien AG EBIT Chart

GAG Immobilien AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.00 94.97 98.04 82.28 85.33

GAG Immobilien AG Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 78.00 94.97 98.04 82.28 85.33

Competitive Comparison of GAG Immobilien AG's EBIT

For the Real Estate Services subindustry, GAG Immobilien AG'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.


GAG Immobilien AG's EV-to-EBIT Distribution in the Real Estate Industry

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

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



GAG Immobilien AG 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was €85.3 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.


GAG Immobilien AG  (HAM:GWK3) EBIT Explanation

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

GAG Immobilien AG's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=64.278 * ( 1 - 54.74% )/( (3550.894 + 3583.863)/ 2 )
=29.0922228/3567.3785
=0.82 %

where

Invested Capital(Q: Dec. 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))
=3270.131 - 28.031 - ( 2.599 - max(0, 421.093 - 112.299+2.599))
=3550.894

Invested Capital(Q: Dec. 2022 )
=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))
=3405.618 - 31.123 - ( 12.763 - max(0, 339.889 - 130.521+12.763))
=3583.863

Note: The Operating Income data used here is one times the annual (Dec. 2022) data.

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

GAG Immobilien AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=85.329/( ( (3156.184 + max(-76.39, 0)) + (3273.647 + max(-94.283, 0)) )/ 2 )
=85.329/( ( 3156.184 + 3273.647 )/ 2 )
=85.329/3214.9155
=2.65 %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.737 + 101.611 + 3.772) - (28.031 + 0 + 156.479)
=-76.39

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.812 + 106.976 + 3.944) - (31.123 + 0 + 178.892)
=-94.283

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

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

GAG Immobilien AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=85.329/3115.667
=2.74 %

* 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.


GAG Immobilien AG EBIT Related Terms

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GAG Immobilien AG (HAM:GWK3) Business Description

Traded in Other Exchanges
N/A
Address
Josef-Lammerting-Allee 20-22, Cologne, DEU, 50933
GAG Immobilien AG is a Germany based provider of real-estate services and consultation in the city of Cologne. The company operates as a landlord, and is focused on the business of Leasing, Selling and Managing properties. In the leasing business, the company focuses on leasing the properties it owns. The organization apart from being involved in the provision of leasing services, also sells homes, condominiums, flats and buildings. In the Managing business, the entity undertakes the management and administration of third-party apartments for their owners or owner associations.

GAG Immobilien AG (HAM:GWK3) Headlines

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