GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) » Definitions » EBIT

Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) EBIT : ₺788.2 Mil (TTM As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Adra Gayrimenkul Yatirim Ortakligi AS EBIT?

Adra Gayrimenkul Yatirim Ortakligi AS's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was ₺150.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₺788.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Adra Gayrimenkul Yatirim Ortakligi AS's annualized ROC % for the quarter that ended in Sep. 2023 was 30.31%. Adra Gayrimenkul Yatirim Ortakligi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 93.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Adra Gayrimenkul Yatirim Ortakligi AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 12.80%.


Adra Gayrimenkul Yatirim Ortakligi AS EBIT Historical Data

The historical data trend for Adra Gayrimenkul Yatirim Ortakligi AS'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.

Adra Gayrimenkul Yatirim Ortakligi AS EBIT Chart

Adra Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec20 Dec21 Dec22
EBIT
- 79.11 813.07

Adra Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
EBIT Get a 7-Day Free Trial - -2.16 637.56 - 150.66

Competitive Comparison of Adra Gayrimenkul Yatirim Ortakligi AS's EBIT

For the REIT - Residential subindustry, Adra Gayrimenkul Yatirim Ortakligi AS'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.


Adra Gayrimenkul Yatirim Ortakligi AS's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Adra Gayrimenkul Yatirim Ortakligi AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Adra Gayrimenkul Yatirim Ortakligi AS's EV-to-EBIT falls into.



Adra Gayrimenkul Yatirim Ortakligi AS 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺788.2 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.


Adra Gayrimenkul Yatirim Ortakligi AS  (IST:ADGYO) EBIT Explanation

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

Adra Gayrimenkul Yatirim Ortakligi AS's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=471.464 * ( 1 - 0% )/( (1476.336 + 1634.647)/ 2 )
=471.464/1555.4915
=30.31 %

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))
=1736.349 - 7.145 - ( 252.868 - max(0, 16.418 - 840.757+252.868))
=1476.336

Invested Capital(Q: Sep. 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))
=3558.622 - 6.078 - ( 1917.897 - max(0, 35.802 - 2651.854+1917.897))
=1634.647

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Adra Gayrimenkul Yatirim Ortakligi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=602.628/( ( (5.061 + max(571.333, 0)) + (16.238 + max(697.881, 0)) )/ 2 )
=602.628/( ( 576.394 + 714.119 )/ 2 )
=602.628/645.2565
=93.39 %

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)
=(9.362 + 523.98 + 54.409) - (7.145 + 0 + 9.273)
=571.333

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.517 + 653.902 + 51.23) - (6.078 + 0 + 29.69)
=697.881

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Adra Gayrimenkul Yatirim Ortakligi AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=788.219/6158.887
=12.80 %

* 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.


Adra Gayrimenkul Yatirim Ortakligi AS EBIT Related Terms

Thank you for viewing the detailed overview of Adra Gayrimenkul Yatirim Ortakligi AS's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Caybasi Mahallesi Aydin, Cad No:51A Torbali, Izmir, TUR
Adra Gayrimenkul Yatirim Ortakligi AS is a Turkey company based providing real estate services. The company has undertaken projects which are Adra Yali, Adra Yasam, Adra Edremit..

Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) Headlines

No Headlines