Newmark Property REIT (ASX:NPR) EBIT : A$-27.16 Mil (TTM As of Dec. 2023)

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What is Newmark Property REIT EBIT?

Newmark Property REIT's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-19.19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-27.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Newmark Property REIT's annualized ROC % for the quarter that ended in Dec. 2023 was 3.40%. Newmark Property REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -112.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Newmark Property REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.20%.

Newmark Property REIT EBIT Historical Data

The historical data trend for Newmark Property REIT'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.

Newmark Property REIT EBIT Chart

Newmark Property REIT Annual Data

Trend

Jun22

Jun23

EBIT

55.59

-1.41

Newmark Property REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	6.21	49.39	6.57	-7.97	-19.19

Competitive Comparison of Newmark Property REIT's EBIT

For the REIT - Diversified subindustry, Newmark Property 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.

Newmark Property REIT's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where Newmark Property REIT's EV-to-EBIT falls into.

Newmark Property REIT 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-27.16 Mil.

Newmark Property REIT (ASX:NPR) EBIT Explanation

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

Newmark Property REIT'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: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	23.742 * ( 1 - 0% )	/	( (542.898	+	854.704)	/ 2 )
=	23.742	/	698.801
=	3.40 %

where

	Invested Capital		(Q: Jun. 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	))
=	555.943	-	7.955	-	( 5.09	-	max(0, 19.963	-	93.57	+	5.09	))
=	542.898

	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	))
=	581.55	-	1.946	-	( 4.028	-	max(0, 283.499	-	8.399	+	4.028	))
=	854.704

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

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

Newmark Property REIT'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: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-38.374	/	( ( (0 + max(68.517, 0))	+	(0 + max(-4.506, 0)) )	/	2 )
=	-38.374	/	( ( 68.517	+	0 )	/	2 )
=	-38.374	/	34.2585
=	-112.01 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.251	+	0	+	88.229)	-	(7.955	+	2.008	+	10)
=	68.517

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.091	+	0	+	4.28)	-	(1.946	+	0	+	6.931)
=	-4.506

When net working capital is negative, 0 is used.

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

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

Newmark Property REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-27.16	/	522.210
	=	-5.20 %

Newmark Property REIT EBIT Related Terms

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Newmark Property REIT (ASX:NPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Newmark Property REIT (ASX:NPR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

644 Chapel Street, Como Centre, Level 17, South Yarra, Yarra, VIC, AUS, 3141

Website

https://www.newmarkcapital.com.au

Newmark Property REIT is a real estate investment trust. It offers investors access to Australian hardware and large-format retail properties. The group receives the majority of its revenue through rental income.

Newmark Property REIT (ASX:NPR) Headlines

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