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Sasseur REIT (SGX:CRPU) EBIT : S$108.5 Mil (TTM As of Dec. 2023)


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What is Sasseur REIT EBIT?

Sasseur REIT's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was S$50.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was S$108.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sasseur REIT's annualized ROC % for the quarter that ended in Dec. 2023 was 4.56%. Sasseur REIT'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. Sasseur REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.50%.


Sasseur REIT EBIT Historical Data

The historical data trend for Sasseur REIT'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.

Sasseur REIT EBIT Chart

Sasseur REIT Annual Data
Trend Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 198.02 84.37 181.60 99.74 108.51

Sasseur REIT Semi-Annual Data
Dec16 Sep18 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 124.57 54.30 45.44 57.92 50.59

Competitive Comparison of Sasseur REIT's EBIT

For the REIT - Retail subindustry, Sasseur 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.


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

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

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



Sasseur REIT 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$108.5 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.


Sasseur REIT  (SGX:CRPU) EBIT Explanation

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

Sasseur REIT'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 )
=116.784 * ( 1 - 35.4% )/( (1722.904 + 1586.648)/ 2 )
=75.442464/1654.776
=4.56 %

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))
=1707.739 - 55.665 - ( 86.124 - max(0, 188.561 - 117.731+86.124))
=1722.904

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))
=1747.68 - 179.466 - ( 131.197 - max(0, 185.924 - 167.49+131.197))
=1586.648

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:

Sasseur REIT'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 )
=101.182/( ( (0 + max(-103.877, 0)) + (0 + max(-154.383, 0)) )/ 2 )
=101.182/( ( 0 + 0 )/ 2 )
=101.182/0
= %

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)
=(7.863 + 0 + 17.98) - (55.665 + 0 + 74.055)
=-103.877

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.302 + 0 + 17.8) - (179.466 + 0 + 1.019)
=-154.383

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:

Sasseur REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=108.509/1142.243
=9.50 %

* 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.


Sasseur REIT EBIT Related Terms

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Sasseur REIT (SGX:CRPU) Business Description

Traded in Other Exchanges
N/A
Address
7 Temasek Boulevard, No. 06-05, Suntec Tower One, Singapore, SGP, 038987
Sasseur REIT operates as a real estate investment trust. The firm invests in a diversified portfolio of income-producing retail real estate assets. Sasseur Real Estate Investment Trust serves customers in Asia. Its reportable segments are investment properties located in China which consist of Chongqing Outlets; Bishan Outlets; Hefei Outlets; Kunming Outlets.

Sasseur REIT (SGX:CRPU) Headlines

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