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Olimpo Real Estate SOCIMI (XMAD:YORE) EBIT : €12.51 Mil (TTM As of Jun. 2024)


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What is Olimpo Real Estate SOCIMI EBIT?

Olimpo Real Estate SOCIMI's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €5.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €12.51 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Olimpo Real Estate SOCIMI's annualized ROC % for the quarter that ended in Jun. 2024 was 3.95%. Olimpo Real Estate SOCIMI'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. Olimpo Real Estate SOCIMI's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.53%.

Olimpo Real Estate SOCIMI EBIT Historical Data

The historical data trend for Olimpo Real Estate SOCIMI'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 SOCIMI EBIT Chart

Olimpo Real Estate SOCIMI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 12.28 3.24 14.00 9.55 12.03

Olimpo Real Estate SOCIMI Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 5.73 3.82 5.23 6.81 5.70

Competitive Comparison of Olimpo Real Estate SOCIMI's EBIT

For the REIT - Retail subindustry, Olimpo Real Estate SOCIMI'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 SOCIMI's EV-to-EBIT Distribution in the REITs Industry

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

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


Olimpo Real Estate SOCIMI 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €12.51 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 SOCIMI  (XMAD:YORE) 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 SOCIMI'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: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=13.924 * ( 1 - 9.63% )/( (320.092 + 316.836)/ 2 )
=12.5831188/318.464
=3.95 %

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))
=325.55 - 2.082 - ( 5.704 - max(0, 4.285 - 7.661+5.704))
=320.092

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))
=320.705 - 2.604 - ( 4.705 - max(0, 5.07 - 6.335+4.705))
=316.836

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

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

Olimpo Real Estate SOCIMI'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: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11.408/( ( (0 + max(-2.235, 0)) + (0 + max(-2.934, 0)) )/ 2 )
=11.408/( ( 0 + 0 )/ 2 )
=11.408/0
= %

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)
=(0.379 + 0 + 0.0060000000000002) - (2.082 + 0 + 0.538)
=-2.235

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.056 + 0 + 0.011) - (2.604 + 0 + 0.397)
=-2.934

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=12.509/354.349
=3.53 %

* 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 SOCIMI EBIT Related Terms

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Olimpo Real Estate SOCIMI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Olimpo Real Estate SOCIMI SA (XMAD:YORE) » Definitions » EBIT
Comparable Companies
XMAD:MONI XMAD:PVA XMAD:YPARK XMAD:IFF XMAD:NBI XMAD:VYT XMAD:YHSP XMAD:SEC XMAD:LLN XMAD:YAML ASX:SCG O SPG HKSE:00823 ASX:VCX KIM REG SGX:C38U XAMS:URW FRT
Traded in Other Exchanges
N/A
Address
Calle Goya, 22 - 3 planta, Madrid, ESP, 28001
Website
https://www.ores-socimi.com
Olimpo Real Estate SOCIMI SA is engaged in the acquisition and management of commercial real estate assets in Spain and Portugal. Its main objective is to generate value for its clients through the long-term management of commercial real estate assets.

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