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GOP Properties Socimi (XMAD:YGOP) EBIT : €7.03 Mil (TTM As of Dec. 2023)


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What is GOP Properties Socimi EBIT?

GOP Properties Socimi's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €2.25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €7.03 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GOP Properties Socimi's annualized ROC % for the quarter that ended in Dec. 2023 was 3.97%. GOP Properties Socimi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GOP Properties Socimi's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.49%.


GOP Properties Socimi EBIT Historical Data

The historical data trend for GOP Properties Socimi'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.

GOP Properties Socimi EBIT Chart

GOP Properties Socimi Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 11.27 3.17 6.78 9.74 7.03

GOP Properties Socimi Semi-Annual Data
Jun16 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 3.76 5.23 4.51 4.78 2.25

Competitive Comparison of GOP Properties Socimi's EBIT

For the REIT - Diversified subindustry, GOP Properties Socimi'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.


GOP Properties Socimi's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, GOP Properties Socimi's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where GOP Properties Socimi's EV-to-EBIT falls into.



GOP Properties Socimi 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 €7.03 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.


GOP Properties Socimi  (XMAD:YGOP) EBIT Explanation

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

GOP Properties Socimi'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 )
=8.36 * ( 1 - -3% )/( (217.751 + 215.746)/ 2 )
=8.6108/216.7485
=3.97 %

where

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:

GOP Properties Socimi'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 )
=4.496/( ( (0 + max(-3.458, 0)) + (0 + max(-1.965, 0)) )/ 2 )
=4.496/( ( 0 + 0 )/ 2 )
=4.496/0
= %

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)
=(0.833 + 0.015 + 0) - (2.701 + 0 + 1.605)
=-3.458

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.643 + 0.001 + 0.00099999999999989) - (2.104 + 0 + 1.506)
=-1.965

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:

GOP Properties Socimi's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=7.027/156.580
=4.49 %

* 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.


GOP Properties Socimi EBIT Related Terms

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GOP Properties Socimi (XMAD:YGOP) Business Description

Traded in Other Exchanges
N/A
Address
Avenida del Ensanche de Vallecas, 44, Madrid, ESP, 28051
GOP Properties Socimi SA is a Real Estate Investment Trust. The purpose of the company is to manage and operate a diversified portfolio of assets. Its assets are located mainly in Madrid. The main strategy of the company is aimed at generating recurring income for the shareholder and the creation of value in the assets of its present and future portfolio.

GOP Properties Socimi (XMAD:YGOP) Headlines

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