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Hankyu Hanshin REIT (TSE:8977) EBIT : 円4,927 Mil (TTM As of Nov. 2024)


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What is Hankyu Hanshin REIT EBIT?

Hankyu Hanshin REIT's earnings before interest and taxes (EBIT) for the six months ended in Nov. 2024 was 円2,529 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2024 was 円4,927 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hankyu Hanshin REIT's annualized ROC % for the quarter that ended in Nov. 2024 was 2.85%. Hankyu Hanshin REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was 2.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hankyu Hanshin REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was 2.63%.


Hankyu Hanshin REIT EBIT Historical Data

The historical data trend for Hankyu Hanshin 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.

Hankyu Hanshin REIT EBIT Chart

Hankyu Hanshin REIT Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,096.19 4,670.35 4,742.25 4,808.83 4,926.64

Hankyu Hanshin REIT Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 2,376.34 2,399.30 2,409.53 2,397.67 2,528.97

Competitive Comparison of Hankyu Hanshin REIT's EBIT

For the REIT - Diversified subindustry, Hankyu Hanshin 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.


Hankyu Hanshin REIT's EV-to-EBIT Distribution in the REITs Industry

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

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



Hankyu Hanshin 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 Nov. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円4,927 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.


Hankyu Hanshin REIT  (TSE:8977) EBIT Explanation

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

Hankyu Hanshin REIT's annualized ROC % for the quarter that ended in Nov. 2024 is calculated as:

ROC % (Q: Nov. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Nov. 2024 ))/ count )
=5149.3 * ( 1 - 0.07% )/( (178842.226 + 181761.995)/ 2 )
=5145.69549/180302.1105
=2.85 %

where

Invested Capital(Q: May. 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))
=182244.199 - 941.071 - ( 5621.639 - max(0, 8579.736 - 11040.638+5621.639))
=178842.226

Invested Capital(Q: Nov. 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))
=182637.106 - 1162.61 - ( 5594.841 - max(0, 11799.668 - 11512.169+5594.841))
=181761.995

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

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

Hankyu Hanshin REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Nov. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5057.942/( ( (169724.087 + max(3067.096, 0)) + (169683.717 + max(3645.493, 0)) )/ 2 )
=5057.942/( ( 172791.183 + 173329.21 )/ 2 )
=5057.942/173060.1965
=2.92 %

where Working Capital is:

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(76.64 + 1.135 + 5341.224) - (941.071 + 0 + 1410.832)
=3067.096

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(73.079 + 1.106 + 5843.143) - (1162.61 + 0 + 1109.225)
=3645.493

When net working capital is negative, 0 is used.

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

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

Hankyu Hanshin REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2024 )
=4926.638/187164.573
=2.63 %

* 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.


Hankyu Hanshin REIT EBIT Related Terms

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Hankyu Hanshin REIT Business Description

Traded in Other Exchanges
N/A
Address
19-19, Chayamachi, Kita-ku, Osaka, JPN, 530-0013
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.

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