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LEG Immobilien SE (XTER:LEG) EBIT : €-1,861 Mil (TTM As of Mar. 2024)


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What is LEG Immobilien SE EBIT?

LEG Immobilien SE's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €121 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €-1,861 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. LEG Immobilien SE's annualized ROC % for the quarter that ended in Mar. 2024 was 1.89%. LEG Immobilien SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 307.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. LEG Immobilien SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -11.99%.


LEG Immobilien SE EBIT Historical Data

The historical data trend for LEG Immobilien SE'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.

LEG Immobilien SE EBIT Chart

LEG Immobilien SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,176.80 1,496.20 2,258.40 651.00 -1,817.30

LEG Immobilien SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 164.30 -1,382.10 116.20 -715.70 121.10

Competitive Comparison of LEG Immobilien SE's EBIT

For the Real Estate Services subindustry, LEG Immobilien SE'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.


LEG Immobilien SE's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, LEG Immobilien SE's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where LEG Immobilien SE's EV-to-EBIT falls into.



LEG Immobilien SE 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 quarterly data reported by the company within the most recent 12 months, which was €-1,861 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.


LEG Immobilien SE  (XTER:LEG) EBIT Explanation

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

LEG Immobilien SE'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: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=496 * ( 1 - 25.61% )/( (19427.9 + 19545.6)/ 2 )
=368.9744/19486.75
=1.89 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

LEG Immobilien SE'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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=484.4/( ( (139.8 + max(38.1, 0)) + (137.6 + max(-406, 0)) )/ 2 )
=484.4/( ( 177.9 + 137.6 )/ 2 )
=484.4/157.75
=307.07 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(272.8 + 4.8 + 89.9) - (8 + 0 + 321.4)
=38.1

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(343.2 + 26.7 + 57.2) - (7.7 + 0 + 825.4)
=-406

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

LEG Immobilien SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-1860.5/15513.917
=-11.99 %

* 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.


LEG Immobilien SE EBIT Related Terms

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LEG Immobilien SE (XTER:LEG) Business Description

Traded in Other Exchanges
Address
Flughafenstrasse 99, Dusseldorf, NW, DEU, D-40474
LEG Immobilien SE is a general real estate company. The company's portfolio consists primarily of residential units, followed by garages, parking spaces, and commercial units. The business model is supplemented by the targeted development of innovative value-added services. LEG is primarily focused on the German market of the North Rhine-Westphalia region. The company divides its portfolio into three groups: high growth markets, stable markets, and higher-yielding markets. LEG considers merger and acquisition investment as a potential component of its operational growth strategy.
Executives
Dr. Volker Wiegel Board of Directors
Dr. Kathrin Köhling Board of Directors
Michael Zimmer Supervisory Board
Lars Von Lackum Board of Directors
Susanne Schröter-crossan Board of Directors
Martin Wiesmann Supervisory Board

LEG Immobilien SE (XTER:LEG) Headlines

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