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IGB Commercial REIT (XKLS:5299) EBIT : RM107.5 Mil (TTM As of Dec. 2024)


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What is IGB Commercial REIT EBIT?

IGB Commercial REIT's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was RM21.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was RM107.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IGB Commercial REIT's annualized ROC % for the quarter that ended in Dec. 2024 was 2.96%. IGB Commercial REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IGB Commercial REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 5.28%.


IGB Commercial REIT EBIT Historical Data

The historical data trend for IGB Commercial 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.

IGB Commercial REIT EBIT Chart

IGB Commercial REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial 89.31 - 99.33 111.35 107.46

IGB Commercial REIT Quarterly Data
Dec18 Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 26.72 30.62 28.01 27.78 21.05

Competitive Comparison of IGB Commercial REIT's EBIT

For the REIT - Office subindustry, IGB Commercial 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.


IGB Commercial REIT's EV-to-EBIT Distribution in the REITs Industry

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

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


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IGB Commercial 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM107.5 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.


IGB Commercial REIT  (XKLS:5299) EBIT Explanation

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

IGB Commercial REIT's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=94.988 * ( 1 - 0% )/( (3162.294 + 3263.37)/ 2 )
=94.988/3212.832
=2.96 %

where

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))
=3276.945 - 135.051 - ( 99.927 - max(0, 136.345 - 115.945+99.927))
=3162.294

Invested Capital(Q: Dec. 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))
=3280.069 - 40.274 - ( 78.071 - max(0, 142.258 - 118.683+78.071))
=3263.37

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

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

IGB Commercial REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=84.18/( ( (0 + max(-119.033, 0)) + (0 + max(-101.608, 0)) )/ 2 )
=84.18/( ( 0 + 0 )/ 2 )
=84.18/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.018 + 0 + -1.4210854715202E-14) - (135.051 + 0 + 0)
=-119.033

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.377 + 0 + 37.603) - (40.274 + 0 + 100.314)
=-101.608

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=107.457/2035.704
=5.28 %

* 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.


IGB Commercial REIT EBIT Related Terms

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IGB Commercial REIT Business Description

Traded in Other Exchanges
N/A
Address
Lingkaran Syed Putra, Level 32, The Gardens South Tower, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200
IGB Commercial REIT is established with the investment strategy of principally investing, directly and indirectly, in commercial assets and real estate-related assets in Malaysia and overseas. The company's initial portfolio consists of several commercial buildings strategically located in the Klang Valley. These properties have a total net lettable area (NLA) of approximately 3.48 million square feet.

IGB Commercial REIT Headlines

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