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CapitaLand India Trust (SGX:CY6U) EBIT : S$326.3 Mil (TTM As of Dec. 2023)


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What is CapitaLand India Trust EBIT?

CapitaLand India Trust's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was S$235.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was S$326.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CapitaLand India Trust's annualized ROC % for the quarter that ended in Dec. 2023 was 2.80%. CapitaLand India Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1,683.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CapitaLand India Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.42%.


CapitaLand India Trust EBIT Historical Data

The historical data trend for CapitaLand India Trust'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.

CapitaLand India Trust EBIT Chart

CapitaLand India Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 325.72 237.57 319.43 283.33 326.33

CapitaLand India Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only 217.76 100.67 182.67 91.32 235.01

Competitive Comparison of CapitaLand India Trust's EBIT

For the Real Estate Services subindustry, CapitaLand India Trust'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.


CapitaLand India Trust's EV-to-EBIT Distribution in the Real Estate Industry

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

* The bar in red indicates where CapitaLand India Trust's EV-to-EBIT falls into.



CapitaLand India Trust 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$326.3 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.


CapitaLand India Trust  (SGX:CY6U) EBIT Explanation

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

CapitaLand India Trust'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 )
=160.71 * ( 1 - 33.12% )/( (3763.435 + 3912.498)/ 2 )
=107.482848/3837.9665
=2.80 %

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))
=3441.043 - 118.831 - ( 168.984 - max(0, 737.932 - 296.709+168.984))
=3763.435

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))
=3730.205 - 116.314 - ( 179.822 - max(0, 607.814 - 309.207+179.822))
=3912.498

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:

CapitaLand India Trust'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 )
=470.024/( ( (7.928 + max(-115.184, 0)) + (47.924 + max(-129.402, 0)) )/ 2 )
=470.024/( ( 7.928 + 47.924 )/ 2 )
=470.024/27.926
=1,683.11 %

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)
=(13.505 + 0.822 + 59.568) - (118.831 + 0 + 70.248)
=-115.184

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.575 + 0.795 + 54.879) - (116.314 + 0 + 76.337)
=-129.402

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:

CapitaLand India Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=326.33/2626.484
=12.42 %

* 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.


CapitaLand India Trust EBIT Related Terms

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CapitaLand India Trust (SGX:CY6U) Business Description

Traded in Other Exchanges
Address
No. 30-01, 168 Robinson Road, Capital Tower, Singapore, SGP, 068912
CapitaLand India Trust is a Singapore-listed property trust that obtains portfolio returns for unitholders by investing in information technology, or IT, parks, and office properties in major Indian cities. Group revenue is derived primarily from corporate tenants. The company focuses on the purchase and development of properties to be used primarily for business space. A-iTrust may also purchase, hold and develop land or uncompleted developments to be used for business space to hold the properties upon completion. A-iTrust is positioned to capitalize on the IT and business process management industries in India.

CapitaLand India Trust (SGX:CY6U) Headlines

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