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Budapest Ingatlan Nyrt (BUD:BIF) EBIT : Ft11,026 Mil (TTM As of Dec. 2023)


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What is Budapest Ingatlan Nyrt EBIT?

Budapest Ingatlan Nyrt's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was Ft8,173 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was Ft11,026 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Budapest Ingatlan Nyrt's annualized ROC % for the quarter that ended in Dec. 2023 was 6.11%. Budapest Ingatlan Nyrt's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2,341.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Budapest Ingatlan Nyrt's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.06%.


Budapest Ingatlan Nyrt EBIT Historical Data

The historical data trend for Budapest Ingatlan Nyrt'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.

Budapest Ingatlan Nyrt EBIT Chart

Budapest Ingatlan Nyrt 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 2,495.86 5,209.13 8,514.05 10,383.22 11,026.49

Budapest Ingatlan Nyrt Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,997.47 3,264.54 7,118.68 2,853.65 8,172.84

Competitive Comparison of Budapest Ingatlan Nyrt's EBIT

For the REIT - Diversified subindustry, Budapest Ingatlan Nyrt'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.


Budapest Ingatlan Nyrt's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where Budapest Ingatlan Nyrt's EV-to-EBIT falls into.



Budapest Ingatlan Nyrt 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 Ft11,026 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.


Budapest Ingatlan Nyrt  (BUD:BIF) EBIT Explanation

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

Budapest Ingatlan Nyrt'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 )
=4761.292 * ( 1 - 0.14% )/( (74392.164 + 81306.299)/ 2 )
=4754.6261912/77849.2315
=6.11 %

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))
=74034.596 - 1820.078 - ( 545.85 - max(0, 3444.585 - 1266.939+545.85))
=74392.164

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))
=86440.54 - 2126.697 - ( 6336.433 - max(0, 3883.879 - 6891.423+6336.433))
=81306.299

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:

Budapest Ingatlan Nyrt'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 )
=16345.678/( ( (431.221 + max(-1667.289, 0)) + (964.698 + max(-2251.929, 0)) )/ 2 )
=16345.678/( ( 431.221 + 964.698 )/ 2 )
=16345.678/697.9595
=2,341.92 %

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)
=(228.702 + 101.847 + 2.2737367544323E-13) - (1820.078 + 0 + 177.76)
=-1667.289

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(84.603 + 100.6 + 0) - (2126.697 + 0 + 310.435)
=-2251.929

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:

Budapest Ingatlan Nyrt's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=11026.493/136818.522
=8.06 %

* 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.


Budapest Ingatlan Nyrt EBIT Related Terms

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Budapest Ingatlan Nyrt (BUD:BIF) Business Description

Traded in Other Exchanges
N/A
Address
Polgar Utca 8-10, Budapest, HUN, 1033
Budapest Ingatlan Nyrt operates as a real estate investment trust. The company's property portfolio includes Office Buildings, Parking Garages, Construction Lots, Residential properties, Building plots and Hotels. Its properties include Bajscy Office Building, BIF Loft, Arcadia Hotel and Pest inn Hotel among others.

Budapest Ingatlan Nyrt (BUD:BIF) Headlines

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