Sirius Real Estate (Sirius Real Estate) EBIT : $146.6 Mil (TTM As of Mar. 2024)

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What is Sirius Real Estate EBIT?

Sirius Real Estate's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was $96.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $146.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sirius Real Estate's annualized ROC % for the quarter that ended in Mar. 2024 was 4.70%. Sirius Real Estate's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 846.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sirius Real Estate's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.83%.

Sirius Real Estate EBIT Historical Data

The historical data trend for Sirius Real Estate'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.

Sirius Real Estate EBIT Chart

Sirius Real Estate Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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136.05

206.58

203.08

112.42

147.50

Sirius Real Estate Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
EBIT	Get a 7-Day Free Trial															110.63	82.18	23.56	50.37	96.20

Competitive Comparison of Sirius Real Estate's EBIT

For the Real Estate Services subindustry, Sirius Real Estate'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.

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

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

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

Sirius Real Estate 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $146.6 Mil.

Sirius Real Estate (OTCPK:SRRLF) EBIT Explanation

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

Sirius Real Estate's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	124.13 * ( 1 - -1.06% )	/	( (2699.146	+	2636.74)	/ 2 )
=	125.445778	/	2667.943
=	4.70 %

where

	Invested Capital		(Q: Sep. 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	))
=	2539.594	-	35.112	-	( 97.332	-	max(0, 356.777	-	162.113	+	97.332	))
=	2699.146

	Invested Capital		(Q: Mar. 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	))
=	2820.87	-	39.565	-	( 233.152	-	max(0, 166.957	-	311.522	+	233.152	))
=	2636.74

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

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

Sirius Real Estate's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	192.392	/	( ( (23.266 + max(-52.828, 0))	+	(22.174 + max(-72.065, 0)) )	/	2 )
=	192.392	/	( ( 23.266	+	22.174 )	/	2 )
=	192.392	/	22.72
=	846.80 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(30.309	+	0	+	34.472)	-	(35.112	+	0	+	82.497)
=	-52.828

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(14.022	+	0	+	46.196)	-	(39.565	+	0	+	92.718)
=	-72.065

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	146.57	/	2513.868
	=	5.83 %

Sirius Real Estate EBIT Related Terms

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Sirius Real Estate (Sirius Real Estate) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sirius Real Estate Ltd (OTCPK:SRRLF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

SRE:South Africa SREl:UK SRE:UK EYI:Germany

Address

Admiral Park, Trafalgar Court, 2nd Floor, East Wing, Channel Islands, St Peter Port, GGY, GY1 3EL

Website

https://www.sirius-real-estate.com

Sirius Real Estate Ltd is in the business of investment in and acquisition of the commercial property to provide workspace in Germany. It operates in two segments that is Germany; and United Kingdom. The Company invests in large mixed-use commercial real estate assets in Germany. The firm derives revenues in the form of rental income from operations in Germany. Its portfolio includes Conventional offices, Smartspace Office, Officepods, Virtual office, Classical storage spaces, Smart space Storage, Flexi storage, Workshop spaces, and others.