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Instone Real Estate Group SE (XTER:INS) EBIT : €67.3 Mil (TTM As of Mar. 2024)


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What is Instone Real Estate Group SE EBIT?

Instone Real Estate Group SE's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €16.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €67.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Instone Real Estate Group SE's annualized ROC % for the quarter that ended in Mar. 2024 was 2.67%. Instone Real Estate Group SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Instone Real Estate Group SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.79%.


Instone Real Estate Group SE EBIT Historical Data

The historical data trend for Instone Real Estate Group SE'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.

Instone Real Estate Group SE EBIT Chart

Instone Real Estate Group SE 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 82.36 82.26 133.39 78.82 67.64

Instone Real Estate Group SE 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 16.82 24.56 29.43 -3.17 16.51

Competitive Comparison of Instone Real Estate Group SE's EBIT

For the Real Estate - Development subindustry, Instone Real Estate Group SE'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.


Instone Real Estate Group SE's EV-to-EBIT Distribution in the Real Estate Industry

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

* The bar in red indicates where Instone Real Estate Group SE's EV-to-EBIT falls into.



Instone Real Estate Group SE 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 €67.3 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.


Instone Real Estate Group SE  (XTER:INS) EBIT Explanation

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

Instone Real Estate Group SE'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 )
=50.212 * ( 1 - 26.75% )/( (1422.547 + 1333.132)/ 2 )
=36.78029/1377.8395
=2.67 %

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))
=1839.573 - 152.677 - ( 264.349 - max(0, 770.122 - 1758.219+264.349))
=1422.547

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))
=1829.32 - 135.595 - ( 360.593 - max(0, 770.861 - 1753.039+360.593))
=1333.132

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

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

Instone Real Estate Group SE'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 )
=66.028/( ( (12.364 + max(605.979, 0)) + (11.571 + max(503.095, 0)) )/ 2 )
=66.028/( ( 618.343 + 514.666 )/ 2 )
=66.028/566.5045
=11.66 %

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)
=(6.467 + 1085.84 + 143.591) - (152.677 + 0 + 477.242)
=605.979

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.335 + 1095.687 + 9.4560000000001) - (135.595 + 0 + 470.788)
=503.095

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:

Instone Real Estate Group SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=67.326/623.939
=10.79 %

* 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.


Instone Real Estate Group SE EBIT Related Terms

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Instone Real Estate Group SE (XTER:INS) Business Description

Traded in Other Exchanges
Address
Grugaplatz 2-4, Essen, NW, DEU, 45131
Instone Real Estate Group SE is a real estate development company. It is engaged in the development of modern, urban, multi-family residential properties and the redevelopment of listed buildings for residential use. The company constructs apartment buildings and residential quarters, refurbishment of monument-protected properties, and new buildings of real estate properties and other related activities. The company operates only in one business segment and one geographical segment and generates revenue and holds majority assets in Germany.
Executives
David Dreyfus Board of Directors
Dr. Jochen Scharpe Supervisory Board
Dietmar P. Binkowska Supervisory Board
Dr. Foruhar Madjlessi Board of Directors
Stefan Brendgen Supervisory Board

Instone Real Estate Group SE (XTER:INS) Headlines

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