Dawn Properties (XZIM:DAWN.ZW) EBIT : ZWL-1,787.90 Mil (TTM As of Jun. 2020)

View and export this data going back to . Start your Free Trial

What is Dawn Properties EBIT?

Dawn Properties's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2020 was ZWL998.43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2020 was ZWL-1,787.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dawn Properties's annualized ROC % for the quarter that ended in Jun. 2020 was 1.52%. Dawn Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2020 was 1,242.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dawn Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2020 was -181.91%.

Dawn Properties EBIT Historical Data

The historical data trend for Dawn Properties'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.

Dawn Properties EBIT Chart

Dawn Properties Annual Data

Trend

Mar09

Mar11

Mar12

Dec18

Dec19

EBIT

21.98

2,137.22

479.00

29.65

913.62

Dawn Properties Semi-Annual Data
	Mar09	Mar11	Sep11	Mar12	Sep12	Jun18	Dec18	Jun19	Dec19	Jun20
EBIT	Get a 7-Day Free Trial					1.51	28.14	3,699.95	-2,786.33	998.43

Competitive Comparison of Dawn Properties's EBIT

For the Real Estate Services subindustry, Dawn Properties'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.

Dawn Properties's EV-to-EBIT Distribution in the Real Estate Industry

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

* The bar in red indicates where Dawn Properties's EV-to-EBIT falls into.

Dawn Properties 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. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWL-1,787.90 Mil.

Dawn Properties (XZIM:DAWN.ZW) EBIT Explanation

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

Dawn Properties's annualized ROC % for the quarter that ended in Jun. 2020 is calculated as:

	ROC % (Q: Jun. 2020 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2019 )	+	Invested Capital (Q: Jun. 2020 ))	/ count )
=	43.204 * ( 1 - -13.63% )	/	( (1518.761	+	4953.474)	/ 2 )
=	49.0927052	/	3236.1175
=	1.52 %

where

	Invested Capital		(Q: Dec. 2019 )
=	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	))
=	1523.178	-	3.543	-	( 0.874	-	max(0, 7.898	-	17.256	+	0.874	))
=	1518.761

	Invested Capital		(Q: Jun. 2020 )
=	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	))
=	4981.442	-	14.86	-	( 13.108	-	max(0, 16.337	-	304.271	+	13.108	))
=	4953.474

Note: The Operating Income data used here is two times the semi-annual (Jun. 2020) data.

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

Dawn Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2020 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2020 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2019		Q: Jun. 2020
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1996.864	/	( ( (9.338 + max(12.186, 0))	+	(26.597 + max(273.237, 0)) )	/	2 )
=	1996.864	/	( ( 21.524	+	299.834 )	/	2 )
=	1996.864	/	160.679
=	1,242.77 %

where Working Capital is:

	Working Capital		(Q: Dec. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(6.944	+	1.735	+	7.665)	-	(3.543	+	0	+	0.615)
=	12.186

	Working Capital		(Q: Jun. 2020 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(10.136	+	277.165	+	0.82900000000001)	-	(14.86	+	0	+	0.033000000000001)
=	273.237

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2020) EBIT data.

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

Dawn Properties's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2020 )
	=	-1787.896	/	982.869
	=	-181.91 %

Dawn Properties EBIT Related Terms

Thank you for viewing the detailed overview of Dawn Properties's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Dawn Properties (XZIM:DAWN.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dawn Properties Ltd (XZIM:DAWN.ZW) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Nelson Mandela Avenue, 8th Floor, Beverley Court, Harare, ZWE

Website

http://www.dawnpropertieslimited.co.zw

Dawn Properties Ltd is a Zimbabwe-based company which operates in the Real Estate industry. The company's operating segment includes Property investments; Property consultancy and Property development. Property investments segment principal business is that of investing in investment properties in the form of seven hotel properties and tracts of land. It generates maximum revenue from the Property investments in the form of rental income from lessees and property valuation, management, and consultancy services.

Dawn Properties (XZIM:DAWN.ZW) Headlines

No Headlines