Altus Holdings (HKSE:08149) EBIT : HK$24.17 Mil (TTM As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Altus Holdings EBIT?

Altus Holdings's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was HK$4.63 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$24.17 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Altus Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was 2.05%. Altus Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 48.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Altus Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 11.34%.

Altus Holdings EBIT Historical Data

The historical data trend for Altus Holdings'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.

Altus Holdings EBIT Chart

Altus Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

Get a 7-Day Free Trial

42.64

8.82

16.43

16.24

19.82

Altus Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															1.10	6.53	7.39	5.63	4.63

Competitive Comparison of Altus Holdings's EBIT

For the Conglomerates subindustry, Altus Holdings'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.

Altus Holdings's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Altus Holdings's EV-to-EBIT distribution charts can be found below:

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

Altus Holdings 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$24.17 Mil.

Altus Holdings (HKSE:08149) EBIT Explanation

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

Altus Holdings's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	18.06 * ( 1 - 31.44% )	/	( (0	+	603.046)	/ 1 )
=	12.381936	/	603.046
=	2.05 %

where

	Invested Capital		(Q: Jun. 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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	584.441	-	15.311	-	( 34.069	-	max(0, 71.566	-	37.65	+	34.069	))
=	603.046

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Altus Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	18.5	/	( ( (0 + max(0, 0))	+	(37.927 + max(-11.73, 0)) )	/	1 )
=	18.5	/	( ( 0	+	37.927 )	/	1 )
=	18.5	/	37.927
=	48.78 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.581	+	0	+	-7.105427357601E-15)	-	(15.311	+	0	+	0)
=	-11.73

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	24.165	/	213.016
	=	11.34 %

Altus Holdings EBIT Related Terms

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

Altus Holdings (HKSE:08149) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Altus Holdings Ltd (HKSE:08149) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Wing Wo Street, Central, Hong Kong, HKG

Website

https://www.altus.com.hk

Altus Holdings Ltd is an investment holding company. It operates in two segments namely Advisory and consulting and Proprietary investments. The company generates maximum revenue from the Proprietary investments segment. The Proprietary investments segment includes leasing of investment properties for residential and commercial use and derives rental income therefrom as well as holding of a portfolio of securities for dividend income and aims for capital gain.

Executives

Flying Castle Limited	2101 Beneficial owner
Kinley-hecico Holdings Limited	2201 Interest of corporation controlled by you
Landmark Trust Switzerland Sa	2201 Interest of corporation controlled by you
Ho Shuk Yee Samantha	2202 Interest of your spouse
Ip Arnold Tin Chee	2501 Other
Chan Kit Lai Cecilia	2307 Founder of a discretionary trust who can infl
Lam Ip Tin Wai Chyvette	2501 Other

Altus Holdings (HKSE:08149) Headlines

No Headlines