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SK REIT Co (XKRX:395400) EBIT : ₩36,079 Mil (TTM As of Jun. 2024)


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What is SK REIT Co EBIT?

SK REIT Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was ₩36,079 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ₩36,079 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SK REIT Co's annualized ROC % for the quarter that ended in Jun. 2024 was 0.72%. SK REIT Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SK REIT Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.93%.

SK REIT Co EBIT Historical Data

The historical data trend for SK REIT Co'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.

SK REIT Co EBIT Chart

SK REIT Co Annual Data
Trend Jun21 Mar22 Mar23 Mar24
EBIT
- 15,421.47 23,112.81 36,469.74

SK REIT Co Semi-Annual Data
Jun21 Jun22 Jun23 Jun24
EBIT - 15,255.68 22,973.24 36,078.83

Competitive Comparison of SK REIT Co's EBIT

For the REIT - Office subindustry, SK REIT Co'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.

SK REIT Co's EV-to-EBIT Distribution in the REITs Industry

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

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


SK REIT Co 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was ₩36,079 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.

SK REIT Co  (XKRX:395400) EBIT Explanation

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

SK REIT Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=34450.972 * ( 1 - 0% )/( (3610362.737 + 5993461.236)/ 2 )
=34450.972/4801911.9865
=0.72 %

where

Invested Capital(Q: Jun. 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))
=3117646.566 - 18036.923 - ( 74570.613 - max(0, 590904.945 - 80151.851+74570.613))
=3610362.737

Invested Capital(Q: Jun. 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))
=4422943.409 - 12172.056 - ( 252131.104 - max(0, 1847418.824 - 264728.941+252131.104))
=5993461.236

Note: The Operating Income data used here is one times the annual (Jun. 2024) data.

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

SK REIT Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=36078.827/( ( (0 + max(-24241.544, 0)) + (0 + max(-27037.702, 0)) )/ 2 )
=36078.827/( ( 0 + 0 )/ 2 )
=36078.827/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 2010.302) - (18036.923 + 0 + 8214.923)
=-24241.544

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1953.647) - (12172.056 + 0 + 16819.293)
=-27037.702

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=36078.827/3884048.944
=0.93 %

* 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.

SK REIT Co EBIT Related Terms

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SK REIT Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SK REIT Co Ltd (XKRX:395400) » Definitions » EBIT
Comparable Companies
XKRX:293940 XKRX:448730 XKRX:451800 XKRX:334890 XKRX:432320 ARE BXP XPAR:GFC TSE:8951 TSE:8952 ASX:DXS VNO BOM:542602 KRC TSE:8954 XMAD:COL XPAR:FLY CUZ CDP LSE:DLN
Traded in Other Exchanges
N/A
Address
136 Sejong-daero, 15th Floor, Taepyeong-ro 1-ga, Finance Building, Jung-gu, Seoul, KOR
Website
http://www.skreit.co.kr
SK REIT Co Ltd operates as a Real Estate Investment Trust. Its assets investment comprises of SK Seorin Building which is an integrated office building and SK gas station assets comprising its land and building.

SK REIT Co Headlines

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