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Land & General Bhd (XKLS:3174) EBIT : RM57.8 Mil (TTM As of Dec. 2023)


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What is Land & General Bhd EBIT?

Land & General Bhd's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was RM7.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was RM57.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Land & General Bhd's annualized ROC % for the quarter that ended in Dec. 2023 was 1.41%. Land & General Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Land & General Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.08%.


Land & General Bhd EBIT Historical Data

The historical data trend for Land & General Bhd'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.

Land & General Bhd EBIT Chart

Land & General Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.34 28.81 38.28 30.33 46.76

Land & General Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 14.17 15.65 5.02 30.17 7.00

Competitive Comparison of Land & General Bhd's EBIT

For the Real Estate - Development subindustry, Land & General Bhd'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.


Land & General Bhd's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Land & General Bhd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Land & General Bhd's EV-to-EBIT falls into.



Land & General Bhd 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 quarterly data reported by the company within the most recent 12 months, which was RM57.8 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.


Land & General Bhd  (XKLS:3174) EBIT Explanation

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

Land & General Bhd'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=16.788 * ( 1 - -13.8% )/( (1379.247 + 1332.798)/ 2 )
=19.104744/1356.0225
=1.41 %

where

Invested Capital(Q: Sep. 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))
=1702.581 - 183.121 - ( 140.213 - max(0, 210.004 - 630.684+140.213))
=1379.247

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))
=1684.315 - 161.24 - ( 190.277 - max(0, 181.434 - 617.56+190.277))
=1332.798

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

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

Land & General Bhd'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=27.988/( ( (137.24 + max(258.855, 0)) + (137.84 + max(203.291, 0)) )/ 2 )
=27.988/( ( 396.095 + 341.131 )/ 2 )
=27.988/368.613
=7.59 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(149.54 + 293.287 + 16.761) - (183.121 + 0 + 17.612)
=258.855

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.94 + 307.427 + 24.513) - (161.24 + 0 + 13.349)
=203.291

When net working capital is negative, 0 is used.

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

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

Land & General Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=57.846/442.150
=13.08 %

* 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.


Land & General Bhd EBIT Related Terms

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Land & General Bhd (XKLS:3174) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Cempaka SD 12/5, 8trium, Level 21, Menara 1, Bandar Sri Damansara, Kuala Lumpur, SGR, MYS, 52200
Land & General Bhd is an investment holding, leasing of assets, and provision of management services. Its operating segment includes Property Development; Education; and Others. It generates maximum revenue from the Property development segment which engaged in the development of residential and commercial properties. The Education segment is engaged in the operation of co-education schooling from kindergarten to secondary education. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Australia.

Land & General Bhd (XKLS:3174) Headlines

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