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Olimpo Real Estate Portugal SIGI (XLIS:MLORE) EBIT : €2.79 Mil (TTM As of Dec. 2023)


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What is Olimpo Real Estate Portugal SIGI EBIT?

Olimpo Real Estate Portugal SIGI's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €1.60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €2.79 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Olimpo Real Estate Portugal SIGI's annualized ROC % for the quarter that ended in Dec. 2023 was 2.85%. Olimpo Real Estate Portugal SIGI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Olimpo Real Estate Portugal SIGI's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.64%.

Olimpo Real Estate Portugal SIGI EBIT Historical Data

The historical data trend for Olimpo Real Estate Portugal SIGI'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.

Olimpo Real Estate Portugal SIGI EBIT Chart

Olimpo Real Estate Portugal SIGI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
- -0.03 1.09 1.19 2.79

Olimpo Real Estate Portugal SIGI Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial 0.66 0.59 0.60 1.19 1.60

Competitive Comparison of Olimpo Real Estate Portugal SIGI's EBIT

For the REIT - Diversified subindustry, Olimpo Real Estate Portugal SIGI'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.

Olimpo Real Estate Portugal SIGI's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where Olimpo Real Estate Portugal SIGI's EV-to-EBIT falls into.


Olimpo Real Estate Portugal SIGI 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2.79 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.

Olimpo Real Estate Portugal SIGI  (XLIS:MLORE) EBIT Explanation

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

Olimpo Real Estate Portugal SIGI's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=2.722 * ( 1 - 10.66% )/( (86.091 + 84.299)/ 2 )
=2.4318348/85.195
=2.85 %

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))
=87.851 - 1.269 - ( 1.571 - max(0, 1.356 - 1.847+1.571))
=86.091

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))
=86.924 - 0.713 - ( 2.543 - max(0, 0.801 - 2.713+2.543))
=84.299

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Olimpo Real Estate Portugal SIGI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.196/( ( (0 + max(-1.324, 0)) + (0 + max(-0.675, 0)) )/ 2 )
=3.196/( ( 0 + 0 )/ 2 )
=3.196/0
= %

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)
=(0.01 + 0 + 0.022) - (1.269 + 0 + 0.087)
=-1.324

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.094 + 0 + 0.032) - (0.713 + 0 + 0.088)
=-0.675

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Olimpo Real Estate Portugal SIGI's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2.791/76.633
=3.64 %

* 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.

Olimpo Real Estate Portugal SIGI EBIT Related Terms

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Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Olimpo Real Estate Portugal SIGI SA (XLIS:MLORE) » Definitions » EBIT
Comparable Companies
SAU:4007 SAU:4004 SAU:4002 SAU:9518 SAU:4005 SAU:9530 SAU:4009 VICI ASX:GMG WPC ASX:CHC ASX:ABP ASX:DXS STOR ASX:CLW LSE:LAND XPAR:COV ASX:SGP ASX:GPT ASX:GOZ
Traded in Other Exchanges
N/A
Address
Lugar do Espido, Via Norte, Miaia, PRT, 4471-909
Website
https://www.ores-portugal.com
Olimpo Real Estate Portugal SIGI SA is a real estate investment and asset management company. The company's objectives are to acquire offices and commercial real estate assets with long-term growth potential in the Portuguese and Spanish markets.

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Headlines

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