Shaftesbury Capital (LSE:SHC) EBIT : £818.1 Mil (TTM As of Dec. 2023)

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What is Shaftesbury Capital EBIT?

Shaftesbury Capital's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £-8.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £818.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shaftesbury Capital's annualized ROC % for the quarter that ended in Dec. 2023 was 2.31%. Shaftesbury Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -127.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shaftesbury Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 19.65%.

Shaftesbury Capital EBIT Historical Data

The historical data trend for Shaftesbury Capital'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.

Shaftesbury Capital EBIT Chart

Shaftesbury Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-40.10

-680.60

67.20

-178.60

818.10

Shaftesbury Capital 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															156.20	9.00	-187.60	826.30	-8.20

Competitive Comparison of Shaftesbury Capital's EBIT

For the REIT - Retail subindustry, Shaftesbury Capital'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.

Shaftesbury Capital's EV-to-EBIT Distribution in the REITs Industry

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

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

Shaftesbury Capital 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 £818.1 Mil.

Shaftesbury Capital (LSE:SHC) EBIT Explanation

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

Shaftesbury Capital'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 )
=	117.8 * ( 1 - -0.41% )	/	( (5098.1	+	5138.4)	/ 2 )
=	118.28298	/	5118.25
=	2.31 %

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	))
=	5301	-	81.3	-	( 157.3	-	max(0, 81.8	-	203.4	+	157.3	))
=	5098.1

	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	))
=	5216.3	-	18.1	-	( 185.7	-	max(0, 191.4	-	251.2	+	185.7	))
=	5138.4

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:

Shaftesbury Capital'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 )
=	-16.4	/	( ( (1.7 + max(-55, 0))	+	(24 + max(-52.8, 0)) )	/	2 )
=	-16.4	/	( ( 1.7	+	24 )	/	2 )
=	-16.4	/	12.85
=	-127.63 %

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)
=	(11.9	+	0	+	14.4)	-	(81.3	+	0	+	0)
=	-55

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(13.6	+	0	+	29.8)	-	(18.1	+	0	+	78.1)
=	-52.8

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:

Shaftesbury Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	818.1	/	4163.605
	=	19.65 %

Shaftesbury Capital EBIT Related Terms

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Shaftesbury Capital (LSE:SHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Shaftesbury Capital Plc (LSE:SHC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

SHC:South Africa CCPPF:USA SHCl:UK C20:Germany

Address

14 James Street, Regal House, London, GBR, WC2E 8BU

Website

https://www.shaftesburycapital.com

Shaftesbury Capital Plc is a property management company that operates a portfolio of real estate assets. With a diverse mix of restaurants, cafés, bars, shops, residential, and offices, the company's destinations include the high footfall, and thriving neighborhoods of Covent Garden, Other, and Lillie Square. It has three operating segments Covent Garden, Other, and Lillie Square. The majority of revenue is generated from the Covent Garden. Geographically, all properties are in London.