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Gecina Nom (LTS:0OPE) EBIT : €-1,702.9 Mil (TTM As of Dec. 2023)


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What is Gecina Nom EBIT?

Gecina Nom's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-1,167.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-1,702.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gecina Nom's annualized ROC % for the quarter that ended in Dec. 2023 was 2.91%. Gecina Nom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -162.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gecina Nom's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -12.31%.


Gecina Nom EBIT Historical Data

The historical data trend for Gecina Nom'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.

Gecina Nom EBIT Chart

Gecina Nom 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 1,623.02 239.69 941.40 253.89 -1,702.94

Gecina Nom Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 511.02 607.50 -353.60 -535.99 -1,166.96

Competitive Comparison of Gecina Nom's EBIT

For the REIT - Office subindustry, Gecina Nom'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.


Gecina Nom's EV-to-EBIT Distribution in the REITs Industry

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

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



Gecina Nom 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1,702.9 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.


Gecina Nom  (LTS:0OPE) EBIT Explanation

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

Gecina Nom's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=553.5 * ( 1 - -0.1% )/( (20148.933 + 17956.491)/ 2 )
=554.0535/19052.712
=2.91 %

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))
=19665.336 - 458.477 - ( 652.905 - max(0, 1952.554 - 1010.48+652.905))
=20148.933

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))
=17648.75 - 216.654 - ( 143.715 - max(0, 998.295 - 473.9+143.715))
=17956.491

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Gecina Nom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2333.914/( ( (1387.325 + max(-390.271, 0)) + (1489.467 + max(-124.461, 0)) )/ 2 )
=-2333.914/( ( 1387.325 + 1489.467 )/ 2 )
=-2333.914/1438.396
=-162.26 %

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)
=(60.14 + 171.29 + 25.409) - (458.477 + 0 + 188.633)
=-390.271

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62.338 + 184.715 + 27.183) - (216.654 + 0 + 182.043)
=-124.461

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Gecina Nom's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1702.942/13828.656
=-12.31 %

* 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.


Gecina Nom EBIT Related Terms

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Gecina Nom (LTS:0OPE) Business Description

Traded in Other Exchanges
Address
14-16, Rue des Capucines, Cedex 02, Paris, FRA, 75084
Gecina Nom is a French real estate investment trust with assets primarily located in Paris, France, and the surrounding region. The majority of Gecina's real estate property portfolio is comprised of office buildings with residential properties also making up a substantial percentage. Most of Gecina's properties are located in the City of Paris, while others are also located in the Paris region and other French cities, such as Lyon. Gecina primarily generates revenue from rental income and the sale of its real estate properties. Most of this rental revenue is derived from its office buildings. Gecina's customers and occupants include businesses, students, and individuals. The company also manages the construction, redevelopment, and environmental operations of its assets.

Gecina Nom (LTS:0OPE) Headlines

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