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Olav Thon Eiendomsselskap (OSTO:OLTO) EBIT : kr-445 Mil (TTM As of Mar. 2024)


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What is Olav Thon Eiendomsselskap EBIT?

Olav Thon Eiendomsselskap's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was kr1,145 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was kr-445 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Olav Thon Eiendomsselskap's annualized ROC % for the quarter that ended in Mar. 2024 was 4.06%. Olav Thon Eiendomsselskap's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3,318.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Olav Thon Eiendomsselskap's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.03%.


Olav Thon Eiendomsselskap EBIT Historical Data

The historical data trend for Olav Thon Eiendomsselskap'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.

Olav Thon Eiendomsselskap EBIT Chart

Olav Thon Eiendomsselskap 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 3,045.00 1,054.00 5,457.00 3,894.00 -1,115.00

Olav Thon Eiendomsselskap Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 473.00 419.00 -491.00 -1,518.00 1,145.00

Competitive Comparison of Olav Thon Eiendomsselskap's EBIT

For the Real Estate Services subindustry, Olav Thon Eiendomsselskap'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.


Olav Thon Eiendomsselskap's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Olav Thon Eiendomsselskap's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Olav Thon Eiendomsselskap's EV-to-EBIT falls into.



Olav Thon Eiendomsselskap 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-445 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.


Olav Thon Eiendomsselskap  (OSTO:OLTO) EBIT Explanation

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

Olav Thon Eiendomsselskap's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=3256 * ( 1 - 21.87% )/( (61693 + 63485)/ 2 )
=2543.9128/62589
=4.06 %

where

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

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

Olav Thon Eiendomsselskap's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4580/( ( (230 + max(-489, 0)) + (46 + max(-619, 0)) )/ 2 )
=4580/( ( 230 + 46 )/ 2 )
=4580/138
=3,318.84 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(937 + 0 + 1) - (640 + 0 + 787)
=-489

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1106 + 0 + 0) - (738 + 0 + 987)
=-619

When net working capital is negative, 0 is used.

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

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

Olav Thon Eiendomsselskap's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-445/43126.796
=-1.03 %

* 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.


Olav Thon Eiendomsselskap EBIT Related Terms

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Olav Thon Eiendomsselskap (OSTO:OLTO) Business Description

Traded in Other Exchanges
Address
Stenersgata 2A, Sentrum, P.O. Box 489, Oslo, NOR, 0105
Olav Thon Eiendomsselskap is a general real estate company that operates in two segments: shopping centers and commercial property. The vast majority of revenue is derived from its shopping center segment. Olav generates most of its revenue in Norway, followed by Sweden. The company aims to realize portfolio returns through active development, effective management, and satisfied tenants. The company considers merger and acquisition investment as a component of its operational growth strategy.

Olav Thon Eiendomsselskap (OSTO:OLTO) Headlines

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