Aspen (Group) Holdings (SGX:1F3) EBIT : S$-13.97 Mil (TTM As of Jun. 2024)

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What is Aspen (Group) Holdings EBIT?

Aspen (Group) Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was S$-43.64 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was S$-13.97 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aspen (Group) Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was -34.25%. Aspen (Group) Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -197.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aspen (Group) Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -19.69%.

Aspen (Group) Holdings EBIT Historical Data

The historical data trend for Aspen (Group) 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.

Aspen (Group) Holdings EBIT Chart

Aspen (Group) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun23

Jun24

EBIT

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27.33

15.57

29.70

-24.07

-13.86

Aspen (Group) Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial													-19.98	4.99	-28.80	29.67	-43.64

Competitive Comparison of Aspen (Group) Holdings's EBIT

For the Real Estate - Development subindustry, Aspen (Group) 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.

Aspen (Group) Holdings's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aspen (Group) Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Aspen (Group) Holdings's EV-to-EBIT falls into.

Aspen (Group) 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-13.97 Mil.

Aspen (Group) Holdings (SGX:1F3) EBIT Explanation

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

Aspen (Group) Holdings'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: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-66.518 * ( 1 - 0.21% )	/	( (189.512	+	198.098)	/ 2 )
=	-66.3783122	/	193.805
=	-34.25 %

where

	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	))
=	286.541	-	91.899	-	( 5.13	-	max(0, 111.141	-	138.284	+	5.13	))
=	189.512

	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	))
=	282.373	-	87.69	-	( 8.726	-	max(0, 136.515	-	133.1	+	8.726	))
=	198.098

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Aspen (Group) Holdings'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: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-87.272	/	( ( (31.527 + max(25.527, 0))	+	(31.245 + max(-13.735, 0)) )	/	2 )
=	-87.272	/	( ( 57.054	+	31.245 )	/	2 )
=	-87.272	/	44.1495
=	-197.67 %

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)
=	(17.459	+	99.34	+	5.437)	-	(91.899	+	0	+	4.81)
=	25.527

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.453	+	96.872	+	7.05)	-	(87.69	+	0	+	34.42)
=	-13.735

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-13.966	/	70.915
	=	-19.69 %

Aspen (Group) Holdings EBIT Related Terms

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Aspen (Group) Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aspen (Group) Holdings Ltd (SGX:1F3) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

300, Jalan Macalister, Aspen House, George Town, PNG, MYS, 10450

Website

https://www.aspen.com.my

Aspen (Group) Holdings Ltd is a property development group. It focuses on developing affordable residential and mixed-development properties at strategic locations with quality infrastructure and amenities, which target middle-income mass market purchasers. It operates through the below segments: Property development which includes development of residential and commercial properties and others which includes sales of food and beverages and investment holdings. Substantial portion of the company's overall revenue is generated from its Property development segment.

Aspen (Group) Holdings Headlines

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