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BHG Retail REIT (SGX:BMGU) EBIT : S$28.58 Mil (TTM As of Jun. 2024)


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What is BHG Retail REIT EBIT?

BHG Retail REIT's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was S$17.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was S$28.58 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BHG Retail REIT's annualized ROC % for the quarter that ended in Jun. 2024 was 1.81%. BHG Retail REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7,292.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BHG Retail REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.70%.

BHG Retail REIT EBIT Historical Data

The historical data trend for BHG Retail REIT'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.

BHG Retail REIT EBIT Chart

BHG Retail REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 98.20 20.69 38.37 37.03 29.20

BHG Retail REIT Semi-Annual Data
Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 19.36 17.68 18.38 10.82 17.76

Competitive Comparison of BHG Retail REIT's EBIT

For the REIT - Retail subindustry, BHG Retail REIT'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.

BHG Retail REIT's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where BHG Retail REIT's EV-to-EBIT falls into.


BHG Retail REIT 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$28.58 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.

BHG Retail REIT  (SGX:BMGU) EBIT Explanation

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

BHG Retail REIT'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 )
=35.308 * ( 1 - 39.14% )/( (1181.972 + 1187.634)/ 2 )
=21.4884488/1184.803
=1.81 %

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))
=926.883 - 27.949 - ( 42.898 - max(0, 330.493 - 47.455+42.898))
=1181.972

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))
=926.929 - 27.175 - ( 31.781 - max(0, 333.083 - 45.203+31.781))
=1187.634

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:

BHG Retail REIT'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 )
=35.516/( ( (0.476 + max(-35.36, 0)) + (0.498 + max(-27.987, 0)) )/ 2 )
=35.516/( ( 0.476 + 0.498 )/ 2 )
=35.516/0.487
=7,292.81 %

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)
=(2.545 + 0 + 0.97299999999999) - (27.949 + 0 + 10.929)
=-35.36

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.679 + 0 + 0.743) - (27.175 + 0 + 14.234)
=-27.987

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:

BHG Retail REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=28.579/501.414
=5.70 %

* 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.

BHG Retail REIT EBIT Related Terms

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BHG Retail REIT Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BHG Retail REIT (SGX:BMGU) » Definitions » EBIT
Comparable Companies
SGX:ODBU SGX:D5IU SGX:CRPU SGX:P40U ASX:SCG SPG O ASX:VCX HKSE:00823 KIM REG SGX:C38U FRT XPAR:LI XPAR:URW NNN BRX ADC TSE:3462 SGX:N2IU
Traded in Other Exchanges
N/A
Address
12 Marina Boulevard, Level 44, Marina Bay Financial Centre, Tower 3, Singapore, SGP, 018982
Website
http://www.bhgreit.com
BHG Retail REIT invests directly or indirectly, in a diversified portfolio of income-producing real estate that is used for retail purposes. Its portfolio comprises six retail properties, Beijing Wanliu Mall, Chengdu Konggang Mall, Hefei Mengchenglu Mall, Hefei Changjiangxilu, Xining Huayuan Mall and Dalian Jinsanjiao Property.

BHG Retail REIT Headlines

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