Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC) EBIT: €-0.81 Mil (TTM As of Dec. 2023)


What is Igis Neptune Barcelona Holdco Socimi EBIT?

Igis Neptune Barcelona Holdco Socimi XPAR:MLABC EBIT is €-0.81 Mil as of Dec. 2023.

Igis Neptune Barcelona Holdco Socimi's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-0.81 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.81 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Igis Neptune Barcelona Holdco Socimi's annualized ROC % for the quarter that ended in Dec. 2023 was -0.00%. Igis Neptune Barcelona Holdco Socimi'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.

Igis Neptune Barcelona Holdco Socimi  (XPAR:MLABC) EBIT Explanation

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

Igis Neptune Barcelona Holdco Socimi'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: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.004 * ( 1 - 0% )/( (127.348 + 206.339)/ 2 )
=-0.004/166.8435
=-0.00 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=129.64 - 0.776 - ( 4.143 - max(0, 2.719 - 4.235+4.143))
=127.348

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))
=122.389 - 0.089 - ( 2.245 - max(0, 86.384 - 2.345+2.245))
=206.339

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

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

Igis Neptune Barcelona Holdco Socimi'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: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.814/( ( (0 + max(-2.526, 0)) + (0 + max(-0.09, 0)) )/ 2 )
=-0.814/( ( 0 + 0 )/ 2 )
=-0.814/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 8.8817841970013E-16) - (0.776 + 0 + 1.75)
=-2.526

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + -0.00099999999999989) - (0.089 + 0 + 0)
=-0.09

When net working capital is negative, 0 is used.

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

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

Igis Neptune Barcelona Holdco Socimi's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.814/0.000
= %

* 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.

Igis Neptune Barcelona Holdco Socimi EBIT Related Terms

Igis Neptune Barcelona Holdco Socimi EBIT Historical Data

* Premium members only.

The historical data trend for Igis Neptune Barcelona Holdco 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.

Igis Neptune Barcelona Holdco Socimi EBIT Chart

Igis Neptune Barcelona Holdco Socimi Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
-1.41 -1.78 -1.22 -0.81

Igis Neptune Barcelona Holdco Socimi Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
EBIT -1.41 -1.78 -1.22 -0.81

XPAR:MLABC vs : EBIT Comparison

For the REIT - Industrial subindustry, Igis Neptune Barcelona Holdco 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.

Igis Neptune Barcelona Holdco Socimi EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Igis Neptune Barcelona Holdco Socimi's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Igis Neptune Barcelona Holdco Socimi's EV-to-EBIT falls into.


Igis Neptune Barcelona Holdco 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.81 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €-0.81 Mil mean?
Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC) has a EBIT of €-0.81 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Igis Neptune Barcelona Holdco Socimi.
Is Igis Neptune Barcelona Holdco Socimi's EBIT too high?
Igis Neptune Barcelona Holdco Socimi's current EBIT is €-0.81 Mil.
How does Igis Neptune Barcelona Holdco Socimi's EBIT compare to ?
Igis Neptune Barcelona Holdco Socimi's EBIT of €-0.81 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Igis Neptune Barcelona Holdco Socimi. Igis Neptune Barcelona Holdco Socimi's current EBIT is €-0.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igis Neptune Barcelona Holdco Socimi stock overvalued right now?
Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC) has a current EBIT of €-0.81 Mil. The current EBIT is €-0.81 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC), the current EBIT is €-0.81 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Igis Neptune Barcelona Holdco Socimi Business Description

Industry Real EstateREITs
Comparable Companies
Address Calle Principe de Vergara 112, 4th floor, Madrid, ESP, 28002
Igis Neptune Barcelona Holdco Socimi SA is a Real Estate Investment Trust (REIT) specialized in the holding and management of real estate located in Spain. The company currently holds one logistics real estate asset in Barcelona.