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Real Matters (TSX:REAL) EBIT : C$-0.5 Mil (TTM As of Sep. 2024)


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What is Real Matters EBIT?

Real Matters's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$-0.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$-0.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Real Matters's annualized ROC % for the quarter that ended in Sep. 2024 was -3.22%. Real Matters's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -11.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Real Matters's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.13%.


Real Matters EBIT Historical Data

The historical data trend for Real Matters'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.

Real Matters EBIT Chart

Real Matters Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.86 58.94 -16.12 -11.99 -0.62

Real Matters 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 2.15 -5.55 2.67 2.72 -0.36

Competitive Comparison of Real Matters's EBIT

For the Real Estate Services subindustry, Real Matters'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.


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

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

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



Real Matters 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 C$-0.5 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.


Real Matters  (TSX:REAL) EBIT Explanation

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

Real Matters'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 )
=-7.392 * ( 1 - 56.2% )/( (103.896 + 97.376)/ 2 )
=-3.237696/100.636
=-3.22 %

where

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

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

Real Matters'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 )
=-1.452/( ( (4.17 + max(12.695, 0)) + (4.049 + max(3.576, 0)) )/ 2 )
=-1.452/( ( 16.865 + 7.625 )/ 2 )
=-1.452/12.245
=-11.86 %

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)
=(24.203 + 0 + 4.713) - (16.221 + 0 + 0)
=12.695

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.314 + 0 + 4.213) - (17.951 + 0 + 0)
=3.576

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.532/425.576
=-0.13 %

* 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.


Real Matters EBIT Related Terms

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Real Matters Business Description

Traded in Other Exchanges
Address
50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8
Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title, and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.
Executives
Kay Brekken Director
Frank Vincent Mcmahon Director
Ryan Jacob Smith Senior Officer
Karen Lynne Martin Director
William Thomas Holland Director
Garry Foster Director
Brian Lang Director, Senior Officer
Jason Smith Director
Robert John Smith Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Craig Rowsell Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Loren Cooke Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Kimberly Sue Montgomery Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Peter Michael Vukanovich Director
Kevin Alan Walton Senior Officer
William Peter Melvin Herman Senior Officer