Desarrolladora HomexB de CV (MEX:HOMEX) EBIT: MXN470 Mil (TTM As of Mar. 2022)


MEX:HOMEX Desarrolladora Homex SAB de CV MEX:HOMEX
8 GF Score
Price MXN0.00
View Full Analysis

What is Desarrolladora HomexB de CV EBIT?

Desarrolladora HomexB de CV MEX:HOMEX 8 EBIT is MXN470 Mil as of Mar. 2022. GuruFocus rates MEX:HOMEX with a GF Score™ of 8/100.

Desarrolladora HomexB de CV's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2022 was MXN64 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2022 was MXN470 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Desarrolladora HomexB de CV's annualized ROC % for the quarter that ended in Mar. 2022 was 0.85%. Desarrolladora HomexB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 111.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Desarrolladora HomexB de CV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 936.77%.


Desarrolladora HomexB de CV  (MEX:HOMEX) EBIT Explanation

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

Desarrolladora HomexB de CV's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

ROC % (Q: Mar. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Mar. 2022 ))/ count )
=7.964 * ( 1 - 0% )/( (914.783 + 952.345)/ 2 )
=7.964/933.564
=0.85 %

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))
=1083.402 - 423.222 - ( 28.847 - max(0, 752.955 - 498.352+28.847))
=914.783

Invested Capital(Q: Mar. 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))
=1159.074 - 446.66 - ( 57.914 - max(0, 811.764 - 571.833+57.914))
=952.345

Note: The Operating Income data used here is four times the quarterly (Mar. 2022) data.

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

Desarrolladora HomexB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Mar. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=255.188/( ( (230.019 + max(-291.334, 0)) + (229.15 + max(-248.504, 0)) )/ 2 )
=255.188/( ( 230.019 + 229.15 )/ 2 )
=255.188/229.5845
=111.15 %

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)
=(54.682 + 152.213 + 200.934) - (423.222 + 0 + 275.941)
=-291.334

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(73.642 + 131.53 + 308.747) - (446.66 + 0 + 315.763)
=-248.504

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

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

Desarrolladora HomexB de CV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2022 )
=469.545/50.124
=936.77 %

* 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.


Desarrolladora HomexB de CV EBIT Related Terms


Desarrolladora HomexB de CV EBIT Historical Data

* Premium members only.

The historical data trend for Desarrolladora HomexB de CV'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.

Desarrolladora HomexB de CV EBIT Chart

Desarrolladora HomexB de CV Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,261.93 1,140.99 -378.22 459.39 340.06

Desarrolladora HomexB de CV Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -65.63 378.14 -34.53 62.14 63.80

MEX:HOMEX vs DHI, LEN, NVR: EBIT Comparison

For the Residential Construction subindustry, Desarrolladora HomexB de CV'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.


Desarrolladora HomexB de CV EV-to-EBIT vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Desarrolladora HomexB de CV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Desarrolladora HomexB de CV's EV-to-EBIT falls into.


MEX:HOMEX
8GF Score
Desarrolladora Homex SAB de CV MEX:HOMEX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Desarrolladora HomexB de CV 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN470 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN470 Mil mean?
Desarrolladora HomexB de CV (MEX:HOMEX) has a EBIT of MXN470 Mil as of Mar. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Desarrolladora HomexB de CV.
Is Desarrolladora HomexB de CV's EBIT too high?
Desarrolladora HomexB de CV's current EBIT is MXN470 Mil. Overall, Desarrolladora HomexB de CV has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Desarrolladora HomexB de CV's EBIT compare to DHI and LEN?
Desarrolladora HomexB de CV's EBIT of MXN470 Mil can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Homebuilding & Construction company?
A good EBIT depends on the Homebuilding & Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Desarrolladora HomexB de CV. Desarrolladora HomexB de CV's current EBIT is MXN470 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desarrolladora HomexB de CV stock overvalued right now?
Desarrolladora HomexB de CV (MEX:HOMEX) has a current EBIT of MXN470 Mil. The current EBIT is MXN470 Mil. Desarrolladora HomexB de CV's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Desarrolladora HomexB de CV (MEX:HOMEX), the current EBIT is MXN470 Mil as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Desarrolladora HomexB de CV Business Description

Address Boulevard Rotarismo No. 1140, 1st Floor, Tres Rios Urban Development, Culiacan, SIN, MEX, 80200
Desarrolladora Homex SAB de CV is a home development company engaged in development of its own housing projects and the provision of comprehensive services for the development, construction and sale of social housing, middle-income housing and residential in Mexico.
8GF Score

Get the complete analysis for MEX:HOMEX

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN0.00
Price