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PropNex (SGX:OYY) EBIT : S$38.8 Mil (TTM As of Dec. 2023)


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What is PropNex EBIT?

PropNex's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was S$0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was S$38.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PropNex's annualized ROC % for the quarter that ended in Dec. 2023 was 0.00%. PropNex's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PropNex's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.64%.


PropNex EBIT Historical Data

The historical data trend for PropNex'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.

PropNex EBIT Chart

PropNex Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 25.66 36.72 78.71 79.12 59.52

PropNex Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 16.20 16.02 22.80 - -

Competitive Comparison of PropNex's EBIT

For the Real Estate Services subindustry, PropNex'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.


PropNex's EV-to-EBIT Distribution in the Real Estate Industry

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

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



PropNex 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was S$38.8 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.


PropNex  (SGX:OYY) EBIT Explanation

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

PropNex's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=0 * ( 1 - 0% )/( (9.968 + 25.954)/ 2 )
=0/17.961
=0.00 %

where

Invested Capital(Q: Jun. 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))
=304.509 - 179.036 - ( 144.735 - max(0, 182.871 - 298.376+144.735))
=9.968

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))
=343.063 - 209.352 - ( 138.352 - max(0, 215.734 - 323.491+138.352))
=25.954

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

PropNex's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (5.317 + max(-28.922, 0)) + (4.166 + max(-28.553, 0)) )/ 2 )
=0/( ( 5.317 + 4.166 )/ 2 )
=0/4.7415
=0.00 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(148.733 + 0 + 3.057) - (179.036 + 0 + 1.676)
=-28.922

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(184.631 + 0 + 0.50799999999998) - (209.352 + 0 + 4.34)
=-28.553

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=38.82/508.414
=7.64 %

* 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.


PropNex EBIT Related Terms

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PropNex (SGX:OYY) Business Description

Traded in Other Exchanges
N/A
Address
480 Lorong 6 Toa Payoh, HDB HUB East Wing No. 10-01, Singapore, SGP, 310480
PropNex Ltd is a real estate service provider that offers real estate brokerage services for residential corporate leasing, luxury properties, commercial & industrial properties. It operates in the following segments: Agency services which derive majority revenue engaging in the sale and lease of public and private residential and commercial/industrial properties; Project marketing services include services rendered in the sale of new private residential development projects for third-party property developers; Administrative support services related to use of space and other ancillary services; Property management services consist of real estate management services rendered to private residential properties: and Training services include real estate related courses and training programs.

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