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Suntec Real Estate Investment Trust (SGX:T82U) EBIT : S$365.9 Mil (TTM As of Dec. 2023)


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What is Suntec Real Estate Investment Trust EBIT?

Suntec Real Estate Investment Trust's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was S$209.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was S$365.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Suntec Real Estate Investment Trust's annualized ROC % for the quarter that ended in Dec. 2023 was 2.12%. Suntec Real Estate Investment Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 27,525.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Suntec Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.05%.


Suntec Real Estate Investment Trust EBIT Historical Data

The historical data trend for Suntec Real Estate Investment Trust'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.

Suntec Real Estate Investment Trust EBIT Chart

Suntec Real Estate Investment Trust 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 509.83 -23.05 624.52 650.35 365.85

Suntec Real Estate Investment Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 442.26 345.37 304.98 155.97 209.88

Competitive Comparison of Suntec Real Estate Investment Trust's EBIT

For the REIT - Diversified subindustry, Suntec Real Estate Investment Trust'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.


Suntec Real Estate Investment Trust's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where Suntec Real Estate Investment Trust's EV-to-EBIT falls into.



Suntec Real Estate Investment Trust 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 semi-annually data reported by the company within the most recent 12 months, which was S$365.9 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.


Suntec Real Estate Investment Trust  (SGX:T82U) EBIT Explanation

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

Suntec Real Estate Investment Trust'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 )
=246.256 * ( 1 - 0.35% )/( (11883.082 + 11307.813)/ 2 )
=245.394104/11595.4475
=2.12 %

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))
=11174.404 - 131.694 - ( 214.363 - max(0, 1155.918 - 315.546+214.363))
=11883.082

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))
=11129.228 - 64.929 - ( 217.925 - max(0, 552.37 - 308.856+217.925))
=11307.813

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Suntec Real Estate Investment Trust'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 )
=419.76/( ( (1.353 + max(-56.115, 0)) + (1.697 + max(-68.373, 0)) )/ 2 )
=419.76/( ( 1.353 + 1.697 )/ 2 )
=419.76/1.525
=27,525.25 %

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)
=(59.954 + 26.883 + 13.839) - (131.694 + 0 + 25.097)
=-56.115

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.026 + 39.761 + 16.357) - (64.929 + 0 + 87.588)
=-68.373

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Suntec Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=365.853/7242.803
=5.05 %

* 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.


Suntec Real Estate Investment Trust EBIT Related Terms

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Suntec Real Estate Investment Trust (SGX:T82U) Business Description

Traded in Other Exchanges
Address
5 Temasek Boulevard, No 12-01 Suntec Tower Five, Singapore, SGP, 038985
Suntec REIT owns a SGD 12.2 billion portfolio (as of Sep. 30, 2023) of income-producing office and retail properties in Singapore, Australia, and the U.K. The majority of its assets, based on asset values, are offices (78%) and located in Singapore (69%). Its flagship asset is Suntec City, one of Singapore's largest integrated developments, consisting of offices, retail and a convention center. The trust is externally managed by ARA Trust Management (Suntec), a wholly owned subsidiary of ESR Group that has a 9% stake in Suntec REIT.

Suntec Real Estate Investment Trust (SGX:T82U) Headlines

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