GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tropicana Corp Bhd (XKLS:5401) » Definitions » EBIT

Tropicana Bhd (XKLS:5401) EBIT : RM122 Mil (TTM As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Tropicana Bhd EBIT?

Tropicana Bhd's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was RM66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was RM122 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tropicana Bhd's annualized ROC % for the quarter that ended in Mar. 2024 was 0.13%. Tropicana Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 58.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tropicana Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.08%.


Tropicana Bhd EBIT Historical Data

The historical data trend for Tropicana Bhd'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.

Tropicana Bhd EBIT Chart

Tropicana Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 443.32 402.69 165.47 -278.95 106.48

Tropicana Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 50.89 52.02 75.38 -71.82 66.19

Competitive Comparison of Tropicana Bhd's EBIT

For the Real Estate Services subindustry, Tropicana Bhd'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.


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

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

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



Tropicana Bhd 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 quarterly data reported by the company within the most recent 12 months, which was RM122 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.


Tropicana Bhd  (XKLS:5401) EBIT Explanation

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

Tropicana Bhd'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: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=56.292 * ( 1 - 74.31% )/( (11076.078 + 10405.502)/ 2 )
=14.4614148/10740.79
=0.13 %

where

Invested Capital(Q: Dec. 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))
=11978.611 - 1183.684 - ( 425.862 - max(0, 3219.914 - 2938.763+425.862))
=11076.078

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))
=11683.7 - 1686.884 - ( 669.69 - max(0, 2987.352 - 2578.666+669.69))
=10405.502

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

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

Tropicana Bhd'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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=264.772/( ( (454.543 + max(-29.763000000001, 0)) + (450.143 + max(-360.561, 0)) )/ 2 )
=264.772/( ( 454.543 + 450.143 )/ 2 )
=264.772/452.343
=58.53 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(174.472 + 598.921 + 1061.167) - (1183.684 + 0 + 680.639)
=-29.763000000001

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(390.142 + 581.523 + 471.733) - (1686.884 + 0 + 117.075)
=-360.561

When net working capital is negative, 0 is used.

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

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

Tropicana Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=121.776/5855.624
=2.08 %

* 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.


Tropicana Bhd EBIT Related Terms

Thank you for viewing the detailed overview of Tropicana Bhd's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Tropicana Bhd (XKLS:5401) Business Description

Traded in Other Exchanges
N/A
Address
No. 2A, Persiaran Surian, Unit 1301, Level 13, Tropicana Gardens Office Tower, Tropicana Indah, Petaling Jaya, SGR, MYS, 47810
Tropicana Corp Bhd has diversified business interests including Property Development & Property Management, Property Investment, Recreation & Resorts, Investment Holdings and more. The company is organized into three segments - Property development and property management involved in the development of residential and commercial properties; Property investment, recreation and resort involved in the management and operation of hotels, resort, golf course, clubhouse and investments in commercial and other properties and Investment holding and others that provides landscape services, management and operation of private school services and other operations. Maximum revenue is generated by the property development and property management segment.

Tropicana Bhd (XKLS:5401) Headlines

No Headlines