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Mistral Gayrimenkul Yatirim Ortakligi AS (IST:MSGYO) EBIT : ₺851.2 Mil (TTM As of Jun. 2024)


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What is Mistral Gayrimenkul Yatirim Ortakligi AS EBIT?

Mistral Gayrimenkul Yatirim Ortakligi AS's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ₺109.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ₺851.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mistral Gayrimenkul Yatirim Ortakligi AS's annualized ROC % for the quarter that ended in Jun. 2024 was 5.58%. Mistral Gayrimenkul Yatirim Ortakligi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 145.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mistral Gayrimenkul Yatirim Ortakligi AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 51.68%.


Mistral Gayrimenkul Yatirim Ortakligi AS EBIT Historical Data

The historical data trend for Mistral Gayrimenkul Yatirim Ortakligi AS'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.

Mistral Gayrimenkul Yatirim Ortakligi AS EBIT Chart

Mistral Gayrimenkul Yatirim Ortakligi AS 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 37.31 12.61 215.59 826.08 872.58

Mistral Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 111.70 89.90 653.48 -1.70 109.51

Competitive Comparison of Mistral Gayrimenkul Yatirim Ortakligi AS's EBIT

For the REIT - Diversified subindustry, Mistral Gayrimenkul Yatirim Ortakligi AS'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.


Mistral Gayrimenkul Yatirim Ortakligi AS's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mistral Gayrimenkul Yatirim Ortakligi AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mistral Gayrimenkul Yatirim Ortakligi AS's EV-to-EBIT falls into.


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Mistral Gayrimenkul Yatirim Ortakligi AS 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 quarterly data reported by the company within the most recent 12 months, which was ₺851.2 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.


Mistral Gayrimenkul Yatirim Ortakligi AS  (IST:MSGYO) EBIT Explanation

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

Mistral Gayrimenkul Yatirim Ortakligi AS'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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=199.108 * ( 1 - 0% )/( (3338.684 + 3802.233)/ 2 )
=199.108/3570.4585
=5.58 %

where

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))
=3618.482 - 13.231 - ( 266.567 - max(0, 165.108 - 519.019+266.567))
=3338.684

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))
=4092.789 - 6.744 - ( 283.812 - max(0, 239.862 - 948.174+283.812))
=3802.233

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

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

Mistral Gayrimenkul Yatirim Ortakligi AS'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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=438.056/( ( (137.405 + max(66.875, 0)) + (5.914 + max(391.842, 0)) )/ 2 )
=438.056/( ( 204.28 + 397.756 )/ 2 )
=438.056/301.018
=145.52 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.643 + 206.47 + 24.87) - (13.231 + 0 + 151.877)
=66.875

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.155 + 613.338 + 18.211) - (6.744 + 0 + 233.118)
=391.842

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

Mistral Gayrimenkul Yatirim Ortakligi AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=851.193/1646.935
=51.68 %

* 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.


Mistral Gayrimenkul Yatirim Ortakligi AS EBIT Related Terms

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Mistral Gayrimenkul Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Cinarli Mah.Ankara Asfalti, Cad. Mistral Office Tower No: 15 Floor: 20 D, 202 Konak iZMiR, Izmir, TUR
Mistral Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estate properties, real estate based capital market instruments, real estate projects and real estate based rights.

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