MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) EBIT: ฿141.1 Mil (TTM As of Mar. 2026)

What is MFC Industrial Investment Freehold and Leasehold REIT EBIT?

MFC Industrial Investment Freehold and Leasehold REIT BKK:MII 66 EBIT is ฿141.1 Mil as of Mar. 2026. GuruFocus rates BKK:MII with a GF Score™ of 66/100 and a GF Value™ of ฿6.20 (Fairly Valued). The stock has 4 warning signs investors should review.

MFC Industrial Investment Freehold and Leasehold REIT's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿30.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿141.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MFC Industrial Investment Freehold and Leasehold REIT's annualized ROC % for the quarter that ended in Mar. 2026 was 6.67%. MFC Industrial Investment Freehold and Leasehold REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 442.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MFC Industrial Investment Freehold and Leasehold REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.50%.

MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) EBIT Explanation

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

MFC Industrial Investment Freehold and Leasehold REIT's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	125.028 * ( 1 - 0% )	/	( (1867.195	+	1881.144)	/ 2 )
=	125.028	/	1874.1695
=	6.67 %

where

	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	))
=	1886.768	-	3.776	-	( 15.797	-	max(0, 3.776	-	47.12	+	15.797	))
=	1867.195

	Invested Capital		(Q: Mar. 2026 )
=	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	))
=	1889.489	-	2.407	-	( 5.938	-	max(0, 2.78	-	36.322	+	5.938	))
=	1881.144

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

MFC Industrial Investment Freehold and Leasehold REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	121.928	/	( ( (0 + max(27.544, 0))	+	(0 + max(27.581, 0)) )	/	2 )
=	121.928	/	( ( 27.544	+	27.581 )	/	2 )
=	121.928	/	27.5625
=	442.37 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.193	+	0	+	26.127)	-	(3.776	+	0	+	0)
=	27.544

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.157	+	0	+	25.204)	-	(2.407	+	0.373	+	-4.4408920985006E-16)
=	27.581

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

MFC Industrial Investment Freehold and Leasehold REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	141.082	/	1128.904
	=	12.50 %

* 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.

MFC Industrial Investment Freehold and Leasehold REIT EBIT Related Terms

MFC Industrial Investment Freehold and Leasehold REIT EBIT Historical Data

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The historical data trend for MFC Industrial Investment Freehold and Leasehold REIT's EBIT can be seen below:

MFC Industrial Investment Freehold and Leasehold REIT EBIT Chart

MFC Industrial Investment Freehold and Leasehold REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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131.10

121.92

133.95

0.00

140.10

MFC Industrial Investment Freehold and Leasehold REIT Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															29.50	29.14	49.70	31.76	30.48

BKK:MII vs VICI, WPC, BNL: EBIT Comparison

For the REIT - Diversified subindustry, MFC Industrial Investment Freehold and Leasehold 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.

MFC Industrial Investment Freehold and Leasehold REIT EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, MFC Industrial Investment Freehold and Leasehold REIT's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MFC Industrial Investment Freehold and Leasehold REIT's EV-to-EBIT falls into.

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66GF Score

MFC Industrial Investment Freehold and Leasehold REIT BKK:MII

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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MFC Industrial Investment Freehold and Leasehold 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿141.1 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of ฿141.1 Mil mean?

MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) has a EBIT of ฿141.1 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on MFC Industrial Investment Freehold and Leasehold REIT.

Is MFC Industrial Investment Freehold and Leasehold REIT's EBIT too high?

MFC Industrial Investment Freehold and Leasehold REIT's current EBIT is ฿141.1 Mil. Overall, MFC Industrial Investment Freehold and Leasehold REIT has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does MFC Industrial Investment Freehold and Leasehold REIT's EBIT compare to VICI and WPC?

MFC Industrial Investment Freehold and Leasehold REIT's EBIT of ฿141.1 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 MFC Industrial Investment Freehold and Leasehold REIT. MFC Industrial Investment Freehold and Leasehold REIT's current EBIT is ฿141.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is MFC Industrial Investment Freehold and Leasehold REIT stock overvalued right now?

Based on GuruFocus' analysis, MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.20, compared to a current price of ฿5.80 — trading 6.5% below its estimated fair value. The current EBIT is ฿141.1 Mil. MFC Industrial Investment Freehold and Leasehold REIT's overall GF Score™ is 66/100 with 4 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 MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII), the current EBIT is ฿141.1 Mil as of Mar. 2026. 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 MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) Overvalued in 2026?

Based on GuruFocus' analysis, MFC Industrial Investment Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿5.80 is trading 6.5% below its estimated GF Value™ of ฿6.20. GuruFocus considers MFC Industrial Investment Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:MII:

EBIT: ฿141.1 Mil
GF Value™: ฿6.20 vs. price of ฿5.80 (6.5% below fair value)
GF Score™: 66/100 with 4 warning signs

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

MFC Industrial Investment Freehold and Leasehold REIT Business Description

Industry Real Estate REITs

Comparable Companies BKK:SPRIME BKK:HYDROGEN BKK:KTBSTMR ASX:GMG VICI WPC BSP:HSRE11 ASX:SGP XPAR:COV ASX:CHC ASX:GPT MEX:FUNO11 LSE:LAND LSE:BLND ASX:MGR TSE:8972 XKLS:5235SS BNL LSE:UTG JSE:GRT

Other Exchanges MII-F:Thailand

Address Wireless Road, 195 One Bangkok Tower 4, 16th-17th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330

Website https://www.mfcfund.com

MFC Industrial Investment Freehold and Leasehold REIT is a close-ended property fund with no maturity date. Its objective of supporting the conversion from a Fund and to raise funds to invest in real estate or accept the transfer of leasehold rights to real estate, sub-leasehold rights to real estate, including movable properties and equipment related to operations and to generate benefits from real estate. The Trust has operated under one geographical activity for segment information which is the rental of properties in Thailand.

66GF Score

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

฿5.80

Price

฿6.20

GF Value

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