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JR Global REIT (XKRX:348950) EBIT : ₩33,196 Mil (TTM As of Mar. 2024)


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What is JR Global REIT EBIT?

JR Global REIT's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₩17,791 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₩33,196 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JR Global REIT's annualized ROC % for the quarter that ended in Mar. 2024 was 1.29%. JR Global REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JR Global REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.76%.

JR Global REIT EBIT Historical Data

The historical data trend for JR Global 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.

JR Global REIT EBIT Chart

JR Global REIT Annual Data
Trend Jan20 Jun21 Jun22 Jun23
EBIT
-14.02 23,584.52 23,752.32 35,664.08

JR Global REIT Semi-Annual Data
Apr20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
EBIT Get a 7-Day Free Trial 10,900.77 13,871.61 17,596.26 15,404.09 17,791.46

Competitive Comparison of JR Global REIT's EBIT

For the REIT - Diversified subindustry, JR Global 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.

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

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

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


JR Global 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₩33,196 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.

JR Global REIT  (XKRX:348950) EBIT Explanation

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

JR Global REIT's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=33885.206 * ( 1 - 1.42% )/( (2064285.484 + 3121492.452)/ 2 )
=33404.0360748/2592888.968
=1.29 %

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))
=2150221.949 - 50086.307 - ( 138323.256 - max(0, 175642.813 - 211492.971+138323.256))
=2064285.484

Invested Capital(Q: Mar. 2024 )
=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))
=2131537.712 - 96095.044 - ( 104268.881 - max(0, 1266059.58 - 180009.796+104268.881))
=3121492.452

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

JR Global REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=35582.926/( ( (0 + max(-94374.961, 0)) + (0 + max(-87831.062, 0)) )/ 2 )
=35582.926/( ( 0 + 0 )/ 2 )
=35582.926/0
= %

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)
=(641.284 + 0 + 10642.289) - (50086.307 + 0 + 55572.227)
=-94374.961

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4549.798 + 0 + 10681.248) - (96095.044 + 0 + 6967.064)
=-87831.062

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=33195.551/1880799.631
=1.76 %

* 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.

JR Global REIT EBIT Related Terms

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JR Global REIT (XKRX:348950) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » JR Global REIT (XKRX:348950) » Definitions » EBIT
Comparable Companies
XKRX:357120 XKRX:123890 XKRX:088260 XKRX:034830 XKRX:377190 XKRX:400760 XKRX:338100 XKRX:404990 XKRX:417310 XKRX:145270 VICI ASX:MGR WPC FUNO11 ASX:SGP LSE:LAND SRC LSE:UTG ASX:GPT TSE:8984
Traded in Other Exchanges
N/A
Address
Eulji-ro 100, Jung-gu, Eulji-ro 2-ga, Pine Avenue B-dong, 21st Floor, Seoul, KOR, 05729
Website
https://www.jramc.com
JR Global REIT operates as a real estate investment trust. The company's portfolio consists of retail, hotel, hospital, residence, and office among others.

JR Global REIT (XKRX:348950) Headlines

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