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Sekisui House Reit (TSE:3309) EBIT : 円18,424 Mil (TTM As of Oct. 2024)


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What is Sekisui House Reit EBIT?

Sekisui House Reit's earnings before interest and taxes (EBIT) for the six months ended in Oct. 2024 was 円12,678 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2024 was 円18,424 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sekisui House Reit's annualized ROC % for the quarter that ended in Oct. 2024 was 4.50%. Sekisui House Reit's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was 5.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sekisui House Reit's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was 3.14%.


Sekisui House Reit EBIT Historical Data

The historical data trend for Sekisui House 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.

Sekisui House Reit EBIT Chart

Sekisui House Reit Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,431.22 17,063.43 15,354.77 15,549.00 18,423.70

Sekisui House Reit Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 7,921.12 7,357.94 8,191.06 5,745.92 12,677.78

Competitive Comparison of Sekisui House Reit's EBIT

For the REIT - Diversified subindustry, Sekisui House 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.


Sekisui House Reit's EV-to-EBIT Distribution in the REITs Industry

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

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


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Sekisui House 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 Oct. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円18,424 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.


Sekisui House Reit  (TSE:3309) EBIT Explanation

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

Sekisui House Reit's annualized ROC % for the quarter that ended in Oct. 2024 is calculated as:

ROC % (Q: Oct. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Oct. 2024 ))/ count )
=25698.13 * ( 1 - 0.01% )/( (563402.631 + 579171.808)/ 2 )
=25695.560187/571287.2195
=4.50 %

where

Invested Capital(Q: Apr. 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))
=565030.712 - 4421.089 - ( 33680.216 - max(0, 55143.875 - 52350.867+33680.216))
=563402.631

Invested Capital(Q: Oct. 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))
=568345.244 - 5263.457 - ( 14645.874 - max(0, 54751.276 - 38661.255+14645.874))
=579171.808

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

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

Sekisui House Reit's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Oct. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=25355.552/( ( (505274.793 + max(13191.776, 0)) + (464704.45 + max(17637.105, 0)) )/ 2 )
=25355.552/( ( 518466.569 + 482341.555 )/ 2 )
=25355.552/500404.062
=5.07 %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(221.518 + 0 + 18449.133) - (4421.089 + 0 + 1057.786)
=13191.776

Working Capital(Q: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(684.692 + 0 + 23330.689) - (5263.457 + 0 + 1114.819)
=17637.105

When net working capital is negative, 0 is used.

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

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

Sekisui House Reit's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2024 )
=18423.697/586980.611
=3.14 %

* 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.


Sekisui House Reit EBIT Related Terms

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Sekisui House Reit Business Description

Traded in Other Exchanges
N/A
Address
4-15-1 Akasaka, Minato-ku, Tokyo, JPN, 107-0051
Sekisui House Reit Inc is a Japan-based company that operates as a real estate investment trust. The company invests in commercial properties predominantly in office and commercial buildings, hotels, and retail properties located in the Tokyo Metropolitan Areas, Osaka, and Nagoya areas. The asset manager of the company is a subsidiary of Sekisui House, Ltd.

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