GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mindspace Business Parks REIT (BOM:543217) » Definitions » EV-to-EBIT

Mindspace Business Parks REIT (BOM:543217) EV-to-EBIT : 16.86 (As of Jun. 10, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Mindspace Business Parks REIT EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Mindspace Business Parks REIT's Enterprise Value is ₹269,435 Mil. Mindspace Business Parks REIT's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ₹15,983 Mil. Therefore, Mindspace Business Parks REIT's EV-to-EBIT for today is 16.86.

The historical rank and industry rank for Mindspace Business Parks REIT's EV-to-EBIT or its related term are showing as below:

BOM:543217' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.68   Med: 20.09   Max: 114.91
Current: 16.86

During the past 7 years, the highest EV-to-EBIT of Mindspace Business Parks REIT was 114.91. The lowest was 12.68. And the median was 20.09.

BOM:543217's EV-to-EBIT is ranked better than
58.81% of 590 companies
in the REITs industry
Industry Median: 21.1 vs BOM:543217: 16.86

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Mindspace Business Parks REIT's Enterprise Value for the quarter that ended in Sep. 2023 was ₹254,504 Mil. Mindspace Business Parks REIT's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ₹15,983 Mil. Mindspace Business Parks REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 6.28%.


Mindspace Business Parks REIT EV-to-EBIT Historical Data

The historical data trend for Mindspace Business Parks REIT's EV-to-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.

Mindspace Business Parks REIT EV-to-EBIT Chart

Mindspace Business Parks REIT Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
Get a 7-Day Free Trial - 33.44 26.10 23.40 20.33

Mindspace Business Parks REIT Quarterly Data
Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
EV-to-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 14.30 23.40 16.15 15.92 -

Competitive Comparison of Mindspace Business Parks REIT's EV-to-EBIT

For the REIT - Office subindustry, Mindspace Business Parks REIT'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.


Mindspace Business Parks REIT's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mindspace Business Parks REIT's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mindspace Business Parks REIT's EV-to-EBIT falls into.



Mindspace Business Parks REIT EV-to-EBIT Calculation

Mindspace Business Parks REIT's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=269434.637/15983
=16.86

Mindspace Business Parks REIT's current Enterprise Value is ₹269,435 Mil.
Mindspace Business Parks REIT's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹15,983 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.


Mindspace Business Parks REIT  (BOM:543217) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Mindspace Business Parks REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=15983/254503.7939
=6.28 %

Mindspace Business Parks REIT's Enterprise Value for the quarter that ended in Sep. 2023 was ₹254,504 Mil.
Mindspace Business Parks REIT's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹15,983 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.


Mindspace Business Parks REIT EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Mindspace Business Parks REIT's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Mindspace Business Parks REIT (BOM:543217) Business Description

Traded in Other Exchanges
Address
Plot No. C-30, Raheja Tower, Level 8, Block G, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
Mindspace Business Parks REIT is a real estate investment company. It owns an office portfolio located in four key office markets such as Mumbai Region, Hyderabad, Pune and Chennai in India. The company's portfolio has five integrated business parks with superior infrastructure and amenities (such as restaurants, creches and outdoor sports arenas) and five quality independent offices.

Mindspace Business Parks REIT (BOM:543217) Headlines

No Headlines