GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hiap Hoe Ltd (SGX:5JK) » Definitions » EBIT

Hiap Hoe (SGX:5JK) EBIT : S$55.7 Mil (TTM As of Dec. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Hiap Hoe EBIT?

Hiap Hoe's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was S$24.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was S$55.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hiap Hoe's annualized ROC % for the quarter that ended in Dec. 2024 was 0.97%. Hiap Hoe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 8.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hiap Hoe's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 10.04%.


Hiap Hoe EBIT Historical Data

The historical data trend for Hiap Hoe'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.

Hiap Hoe EBIT Chart

Hiap Hoe Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.37 37.42 -3.69 55.74 43.38

Hiap Hoe Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -6.71 19.62 23.76 31.42 24.32

Competitive Comparison of Hiap Hoe's EBIT

For the Lodging subindustry, Hiap Hoe'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.


Hiap Hoe's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hiap Hoe's EV-to-EBIT distribution charts can be found below:

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



Hiap Hoe 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$55.7 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.


Hiap Hoe  (SGX:5JK) EBIT Explanation

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

Hiap Hoe's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=13.166 * ( 1 - 1.26% )/( (1378.582 + 1296.602)/ 2 )
=13.0001084/1337.592
=0.97 %

where

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))
=1601.33 - 14.808 - ( 444.548 - max(0, 249.432 - 457.372+444.548))
=1378.582

Invested Capital(Q: Dec. 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))
=1590.167 - 15.799 - ( 468.164 - max(0, 202.567 - 480.333+468.164))
=1296.602

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

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

Hiap Hoe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=48.644/( ( (572.661 + max(-13.312, 0)) + (559.823 + max(-16.35, 0)) )/ 2 )
=48.644/( ( 572.661 + 559.823 )/ 2 )
=48.644/566.242
=8.59 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.163 + 1.656 + 4.005) - (14.808 + 0 + 11.328)
=-13.312

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.466 + 1.651 + 4.052) - (15.799 + 0 + 12.72)
=-16.35

When net working capital is negative, 0 is used.

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

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

Hiap Hoe's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=55.744/554.996
=10.04 %

* 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.


Hiap Hoe EBIT Related Terms

Thank you for viewing the detailed overview of Hiap Hoe's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Hiap Hoe Business Description

Traded in Other Exchanges
N/A
Address
18 Ah Hood Road, No. 13-51, Hiap Hoe Building At Zhongshan Park, Singapore, SGP, 329983
Hiap Hoe Ltd is a regional real estate group with a diversified portfolio of hospitality, retail, commercial and residential assets. It has the following reportable operating segments - Development Properties, Rental, Leisure, Hotel operations, Other investments, and the others segment. The Hotel Operations segment which generates the majority of the revenue, is operated under the brand names of Aloft Singapore Novena, Four Points by Sheraton Melbourne, Holiday Inn Express Trafford City, and Aloft Perth. The company has operations in Singapore which generates key revenue, Australia, and the United Kingdom.

Hiap Hoe Headlines

No Headlines