Urstadt Biddle Properties (Urstadt Biddle Properties) EBIT : $56.6 Mil (TTM As of Apr. 2023)

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What is Urstadt Biddle Properties EBIT?

Urstadt Biddle Properties's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2023 was $13.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2023 was $56.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Urstadt Biddle Properties's annualized ROC % for the quarter that ended in Apr. 2023 was 5.19%. Urstadt Biddle Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2023 was 106.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Urstadt Biddle Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2023 was 4.10%.

Urstadt Biddle Properties EBIT Historical Data

The historical data trend for Urstadt Biddle Properties'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.

Urstadt Biddle Properties EBIT Chart

Urstadt Biddle Properties Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

EBIT

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55.86

55.72

39.58

64.02

56.45

Urstadt Biddle Properties Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
EBIT	Get a 7-Day Free Trial															14.69	14.11	14.63	14.72	13.13

Competitive Comparison of Urstadt Biddle Properties's EBIT

For the REIT - Retail subindustry, Urstadt Biddle Properties'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.

Urstadt Biddle Properties's EV-to-EBIT Distribution in the REITs Industry

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

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

Urstadt Biddle Properties 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 Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $56.6 Mil.

Urstadt Biddle Properties (NYSE:UBA) EBIT Explanation

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

Urstadt Biddle Properties's annualized ROC % for the quarter that ended in Apr. 2023 is calculated as:

	ROC % (Q: Apr. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jan. 2023 )	+	Invested Capital (Q: Apr. 2023 ))	/ count )
=	50.296 * ( 1 - 0% )	/	( (971.589	+	967.474)	/ 2 )
=	50.296	/	969.5315
=	5.19 %

where

	Invested Capital		(Q: Jan. 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	))
=	995.316	-	9.633	-	( 14.094	-	max(0, 47.133	-	74.576	+	14.094	))
=	971.589

	Invested Capital		(Q: Apr. 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	))
=	986.593	-	5.666	-	( 13.453	-	max(0, 44.666	-	67.199	+	13.453	))
=	967.474

Note: The Operating Income data used here is four times the quarterly (Apr. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Urstadt Biddle Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Apr. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jan. 2023		Q: Apr. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	52.5	/	( ( (0 + max(50.849, 0))	+	(0 + max(48.08, 0)) )	/	2 )
=	52.5	/	( ( 50.849	+	48.08 )	/	2 )
=	52.5	/	49.4645
=	106.14 %

where Working Capital is:

	Working Capital		(Q: Jan. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(24.228	+	0	+	36.254)	-	(9.633	+	0	+	7.105427357601E-15)
=	50.849

	Working Capital		(Q: Apr. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(22.829	+	0	+	30.917)	-	(5.666	+	0	+	0)
=	48.08

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Apr. 2023 )
	=	56.58	/	1381.381
	=	4.10 %

Urstadt Biddle Properties EBIT Related Terms

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Urstadt Biddle Properties (Urstadt Biddle Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Urstadt Biddle Properties Inc (NYSE:UBA) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

321 Railroad Avenue, Greenwich, CT, USA, 06830

Website

https://www.ubproperties.com

Urstadt Biddle Properties Inc is a real estate investment trust. It is engaged in acquisition, ownership, and management of the commercial real estate. The company's business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on neighborhood and community shopping centers in the metropolitan New York tri-state area outside of the City of New York. The company's operating segment is one of its property, Ridgeway, located in Stamford, Connecticut, US.

Executives

Bryan O. Colley	director	83 NORTH SALEM ROAD, CROSS RIVER NY 10518
Kevin J Bannon	director	62 CROTON AVENUE, MOUNT KISCO NY 10549
Elinor F Urstadt	10 percent owner	6 BEECHWOOD ROAD, BRONXVILLE NY 10708
Estate Of Urstadt, Charles J.	10 percent owner	6 BEECHWOOD ROAD, BRONXVILLE NY 10708
Stephan A Rapaglia	officer: SVP and COO	8 OLD MUSKET LANE, RIDGEFIELD CT 06877
John T Hayes	officer: Senior VP and CFO	321 RAILROAD AVENUE, GREENWICH CT 06830
Stephens Willis H. Jr.	director	15 MT. EBO ROAD SOUTH, P.O. BOX 408, BREWSTER NY 10509
Charles J Urstadt	director, 10 percent owner, officer: Chairman of Board & CEO	321 RAILROAD AVE, GREENWICH CT 06830
Miyun Sung	officer: SVP and CLO	4-75 48TH AVENUE #705, LONG ISLAND CITY NY 11109
Carpenter Noble O Jr	director	18 HAWTHORNE ROAD, BRONXVILLE NY 10708
Thomas D Myers	officer: Co-Counsel	321 RAILROAD AVENUE, GREENWICH CT 06830
Catherine U Biddle	director	53 ELMWOOD ROAD, SOUTH SALEM NY 10590
Richard Grellier	director	4 EGGLESTON LANE, OLD GREENWICH CT 06870
Robert J Mueller	director	321 RAILROAD AVENUE, GREENWICH CT 06830
Raymond P Argila	officer: Senior Vice President	321 RAILROAD AVENUE, GREENWICH CT 06830