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Mountview Estates (LSE:MTVW) EBIT : £36.94 Mil (TTM As of Sep. 2023)


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What is Mountview Estates EBIT?

Mountview Estates's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was £21.51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was £36.94 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mountview Estates's annualized ROC % for the quarter that ended in Sep. 2023 was 7.02%. Mountview Estates's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 9.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mountview Estates's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 8.37%.


Mountview Estates EBIT Historical Data

The historical data trend for Mountview Estates'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.

Mountview Estates EBIT Chart

Mountview Estates Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.65 35.93 38.81 35.17 33.97

Mountview Estates Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 15.81 19.36 18.55 15.43 21.51

Competitive Comparison of Mountview Estates's EBIT

For the Real Estate Services subindustry, Mountview Estates'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.


Mountview Estates's EV-to-EBIT Distribution in the Real Estate Industry

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

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



Mountview Estates 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 semi-annually data reported by the company within the most recent 12 months, which was £36.94 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.


Mountview Estates  (LSE:MTVW) EBIT Explanation

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

Mountview Estates'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: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=43.022 * ( 1 - 25.03% )/( (452.458 + 465.939)/ 2 )
=32.2535934/459.1985
=7.02 %

where

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

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

Mountview Estates'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: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=43.022/( ( (1.493 + max(424.2, 0)) + (1.464 + max(439.06, 0)) )/ 2 )
=43.022/( ( 425.693 + 440.524 )/ 2 )
=43.022/433.1085
=9.93 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.306 + 422.742 + -5.6843418860808E-14) - (3.848 + 0 + 0)
=424.2

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.593 + 442.231 + 0) - (5.764 + 0 + 0)
=439.06

When net working capital is negative, 0 is used.

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

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

Mountview Estates's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=36.937/441.522
=8.37 %

* 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.


Mountview Estates EBIT Related Terms

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Mountview Estates (LSE:MTVW) Business Description

Traded in Other Exchanges
Address
151 High Street, Mountview House, Southgate, London, GBR, N14 6EW
Mountview Estates PLC is a property trading company. The company owns and acquires tenanted residential property throughout the United Kingdom and sells such property when it becomes vacant. Its operating segment includes Property Trading and Property Investment. The company derives maximum revenue from the Property Trading segment. It generates revenue from sales of properties, and rental income from properties held as trading stock, investment, and others.

Mountview Estates (LSE:MTVW) Headlines

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