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SIMEF (Sime Darby Property Bhd) EBIT : $163.9 Mil (TTM As of Sep. 2024)


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What is Sime Darby Property Bhd EBIT?

Sime Darby Property Bhd's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $47.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $163.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sime Darby Property Bhd's annualized ROC % for the quarter that ended in Sep. 2024 was 4.03%. Sime Darby Property Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 44.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sime Darby Property Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.63%.


Sime Darby Property Bhd EBIT Historical Data

The historical data trend for Sime Darby Property Bhd'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.

Sime Darby Property Bhd EBIT Chart

Sime Darby Property Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.03 -116.96 64.32 102.59 123.42

Sime Darby Property Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 54.50 14.94 41.93 59.31 47.75

Competitive Comparison of Sime Darby Property Bhd's EBIT

For the Real Estate - Development subindustry, Sime Darby Property Bhd'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.


Sime Darby Property Bhd's EV-to-EBIT Distribution in the Real Estate Industry

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

* The bar in red indicates where Sime Darby Property Bhd's EV-to-EBIT falls into.



Sime Darby Property Bhd 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $163.9 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.


Sime Darby Property Bhd  (OTCPK:SIMEF) EBIT Explanation

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

Sime Darby Property Bhd's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=185.452 * ( 1 - 30.4% )/( (3108.91 + 3301.365)/ 2 )
=129.074592/3205.1375
=4.03 %

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))
=3481.306 - 320.077 - ( 52.319 - max(0, 581.318 - 1101.335+52.319))
=3108.91

Invested Capital(Q: Sep. 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))
=3787.551 - 396.263 - ( 89.923 - max(0, 626.282 - 1151.74+89.923))
=3301.365

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Sime Darby Property Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=190.992/( ( (124.505 + max(343.987, 0)) + (134.593 + max(257.701, 0)) )/ 2 )
=190.992/( ( 468.492 + 392.294 )/ 2 )
=190.992/430.393
=44.38 %

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)
=(242.372 + 458.289 + 95.699) - (320.077 + 0 + 132.296)
=343.987

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(169.126 + 497.184 + 104.872) - (396.263 + 0 + 117.218)
=257.701

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Sime Darby Property Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=163.922/2913.183
=5.63 %

* 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.


Sime Darby Property Bhd EBIT Related Terms

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Sime Darby Property Bhd Business Description

Traded in Other Exchanges
Address
No. 2, Jalan PJU 1A/7A, Ara Damansara, PJU 1A, Level 10, Block G, Petaling Jaya, SGR, MYS, 47301
Sime Darby Property Bhd is a property development company. The company is engaged in property investment, asset management, hospitality, and leisure activities. The company's townships include USJ Heights, East Residence, Putra Residence, Inspirasiku, Ara Damansara, PJ Midtown, KL East, and Chemara Hills among others.

Sime Darby Property Bhd Headlines

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