ACDSF (CapitaLand Ascendas REIT) EBIT: $858 Mil (TTM As of Dec. 2025)


ACDSF CapitaLand Ascendas REIT ACDSF
81 GF Score
Price $1.95
GF Value $1.84
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is CapitaLand Ascendas REIT EBIT?

CapitaLand Ascendas REIT ACDSF +8.06% 81 EBIT is $858 Mil as of Dec. 2025. GuruFocus rates ACDSF with a GF Score™ of 81/100 and a GF Value™ of $1.84 (Fairly Valued). The stock has 9 warning signs investors should review.

CapitaLand Ascendas REIT's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $499 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $858 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CapitaLand Ascendas REIT's annualized ROC % for the quarter that ended in Dec. 2025 was 4.47%. CapitaLand Ascendas REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 202.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CapitaLand Ascendas REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.21%.


CapitaLand Ascendas REIT  (OTCPK:ACDSF) EBIT Explanation

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

CapitaLand Ascendas REIT's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=763.05 * ( 1 - 6.78% )/( (15332.936 + 16485.695)/ 2 )
=711.31521/15909.3155
=4.47 %

where

Invested Capital(Q: Jun. 2025 )
=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))
=14376.526 - 324.635 - ( 141.09 - max(0, 1600.381 - 319.336+141.09))
=15332.936

Invested Capital(Q: Dec. 2025 )
=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))
=15336.165 - 406.472 - ( 162.272 - max(0, 1855.136 - 299.134+162.272))
=16485.695

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

CapitaLand Ascendas REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=997.6/( ( (518.457 + max(-231.045, 0)) + (468.564 + max(-425.685, 0)) )/ 2 )
=997.6/( ( 518.457 + 468.564 )/ 2 )
=997.6/493.5105
=202.14 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(121.88 + 0 + 56.366) - (324.635 + 0 + 84.656)
=-231.045

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.42 + 0 + 47.093) - (406.472 + 0 + 88.726)
=-425.685

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=857.9/16480.356
=5.21 %

* 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.


CapitaLand Ascendas REIT EBIT Related Terms


CapitaLand Ascendas REIT EBIT Historical Data

* Premium members only.

The historical data trend for CapitaLand Ascendas 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.

CapitaLand Ascendas REIT EBIT Chart

CapitaLand Ascendas REIT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 882.91 761.58 312.24 751.32 855.62

CapitaLand Ascendas REIT Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -71.85 358.56 391.76 359.10 498.80

ACDSF vs PLD, PSA, EXR: EBIT Comparison

For the REIT - Industrial subindustry, CapitaLand Ascendas 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.


CapitaLand Ascendas REIT EV-to-EBIT vs REITs Industry

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

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


ACDSF
81GF Score
CapitaLand Ascendas REIT ACDSF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CapitaLand Ascendas 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $858 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $858 Mil mean?
CapitaLand Ascendas REIT (ACDSF) has a EBIT of $858 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CapitaLand Ascendas REIT.
Is CapitaLand Ascendas REIT's EBIT too high?
CapitaLand Ascendas REIT's current EBIT is $858 Mil. Overall, CapitaLand Ascendas REIT has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand Ascendas REIT's EBIT compare to PLD and PSA?
CapitaLand Ascendas REIT's EBIT of $858 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CapitaLand Ascendas REIT. CapitaLand Ascendas REIT's current EBIT is $858 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand Ascendas REIT stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand Ascendas REIT (ACDSF) is currently considered Fairly Valued. The stock's GF Value™ is $1.84, compared to a current price of $1.95 — trading 5.7% above its estimated fair value. The current EBIT is $858 Mil. CapitaLand Ascendas REIT's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For CapitaLand Ascendas REIT (ACDSF), the current EBIT is $858 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CapitaLand Ascendas REIT (ACDSF) Overvalued in 2026?

Based on GuruFocus' analysis, CapitaLand Ascendas REIT stock appears to be overvalued. The current stock price of $1.95 is trading 5.7% above its estimated GF Value™ of $1.84. GuruFocus considers CapitaLand Ascendas REIT to be Fairly Valued.

Key valuation signals for ACDSF:

  • EBIT: $858 Mil
  • GF Value™: $1.84 vs. price of $1.95 (5.7% above fair value)
  • GF Score™: 81/100 with 9 warning signs

No single metric tells the full story. See the ACDSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CapitaLand Ascendas REIT Business Description

Industry Real EstateREITs
Other Exchanges A17U:SingaporeS3Z:Germany
Address 168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2025, it held a SGD 18.2 billion portfolio of 222 properties across Singapore, Australia, Europe, and the US. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns a 17.5% stake in the trust.
81GF Score

Get the complete analysis for ACDSF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.95
Price
$1.84
GF Value