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APAC Realty (SGX:CLN) EBIT : S$15.7 Mil (TTM As of Dec. 2023)


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What is APAC Realty EBIT?

APAC Realty's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was S$8.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was S$15.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. APAC Realty's annualized ROC % for the quarter that ended in Dec. 2023 was 7.30%. APAC Realty's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 23.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. APAC Realty's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.03%.


APAC Realty EBIT Historical Data

The historical data trend for APAC Realty'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.

APAC Realty EBIT Chart

APAC Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.01 20.72 43.39 33.86 15.69

APAC Realty Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 22.61 20.56 13.31 6.89 8.80

Competitive Comparison of APAC Realty's EBIT

For the Real Estate Services subindustry, APAC Realty'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.


APAC Realty's EV-to-EBIT Distribution in the Real Estate Industry

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

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



APAC Realty 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 S$15.7 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.


APAC Realty  (SGX:CLN) EBIT Explanation

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

APAC Realty'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 )
=22.114 * ( 1 - 18.79% )/( (236.374 + 255.364)/ 2 )
=17.9587794/245.869
=7.30 %

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))
=349.156 - 136.607 - ( 32.135 - max(0, 187.92 - 164.095+32.135))
=236.374

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:

APAC Realty'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 )
=17.602/( ( (74.834 + max(-31.146, 0)) + (73.526 + max(-29.835, 0)) )/ 2 )
=17.602/( ( 74.834 + 73.526 )/ 2 )
=17.602/74.18
=23.73 %

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)
=(109.226 + 0 + 2.481) - (136.607 + 0 + 6.246)
=-31.146

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(99.495 + 0 + 5.312) - (67.95 + 0 + 66.692)
=-29.835

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:

APAC Realty's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=15.689/142.301
=11.03 %

* 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.


APAC Realty EBIT Related Terms

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APAC Realty (SGX:CLN) Business Description

Traded in Other Exchanges
N/A
Address
450 Lorong 6 Toa Payoh, No 03-01 ERA APAC Centre, Singapore, SGP, 319394
APAC Realty Ltd is a real estate services provider in Asia. The company operates three main business segments, namely, real estate brokerage services; franchise arrangements; training, valuation, and other ancillary services. Its real estate brokerage services are operated by its wholly-owned subsidiary ERA Realty Network Pte Ltd under the ERA brand. ERA Realty derives commission-based fees through the provision of property brokerage services for primary sales; secondary sales; and rental of residential, commercial and industrial properties.

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