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Arena REIT (ASX:ARF) EV-to-EBIT : 27.69 (As of Apr. 28, 2024)


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What is Arena REIT EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Arena REIT's Enterprise Value is A$1,593.99 Mil. Arena REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$57.57 Mil. Therefore, Arena REIT's EV-to-EBIT for today is 27.69.

The historical rank and industry rank for Arena REIT's EV-to-EBIT or its related term are showing as below:

ASX:ARF' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.76   Med: 8.95   Max: 28.43
Current: 27.7

During the past 11 years, the highest EV-to-EBIT of Arena REIT was 28.43. The lowest was 4.76. And the median was 8.95.

ASX:ARF's EV-to-EBIT is ranked worse than
64.64% of 577 companies
in the REITs industry
Industry Median: 20.19 vs ASX:ARF: 27.70

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Arena REIT's Enterprise Value for the quarter that ended in Dec. 2023 was A$1,799.31 Mil. Arena REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$57.57 Mil. Arena REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.20%.


Arena REIT EV-to-EBIT Historical Data

The historical data trend for Arena REIT's EV-to-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.

Arena REIT EV-to-EBIT Chart

Arena REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.67 10.37 9.48 5.72 21.20

Arena REIT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-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 - 5.72 - 21.20 -

Competitive Comparison of Arena REIT's EV-to-EBIT

For the REIT - Specialty subindustry, Arena REIT'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.


Arena REIT's EV-to-EBIT Distribution in the REITs Industry

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

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



Arena REIT EV-to-EBIT Calculation

Arena REIT's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1593.987/57.566
=27.69

Arena REIT's current Enterprise Value is A$1,593.99 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Arena REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$57.57 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.


Arena REIT  (ASX:ARF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Arena REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=57.566/1799.3088
=3.20 %

Arena REIT's Enterprise Value for the quarter that ended in Dec. 2023 was A$1,799.31 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Arena REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$57.57 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.


Arena REIT EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Arena REIT's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Arena REIT (ASX:ARF) Business Description

Traded in Other Exchanges
N/A
Address
8 Exhibition Street, Level 32, Melbourne, VIC, AUS, 3000
Arena REIT is a childcare centre-focused real estate investment trust, or REIT, in Australia. The trust owns a portfolio of more than 230 long day care centres in Australia which provide preschool care for children aged from 0 to 5 years. Arena also owns 10 healthcare centres but childcare comprises majority of its portfolio based on property value. The Australian childcare and healthcare sectors both receive a significant amount of government funding which they expect to continue due to the essential nature of the services they provide.

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