CNNRF (Canadian Net REIT) EBIT: $12.17 Mil (TTM As of Mar. 2026)


CNNRF Canadian Net REIT CNNRF
77 GF Score
Price $4.51
GF Value $4.09
Valuation Fairly Valued
! 10 Warning Signs
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What is Canadian Net REIT EBIT?

Canadian Net REIT CNNRF -2.59% 77 EBIT is $12.17 Mil as of Mar. 2026. GuruFocus rates CNNRF with a GF Score™ of 77/100 and a GF Value™ of $4.09 (Fairly Valued). The stock has 10 warning signs investors should review.

Canadian Net REIT's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $3.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $12.17 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Canadian Net REIT's annualized ROC % for the quarter that ended in Mar. 2026 was 4.73%. Canadian Net REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Canadian Net REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.75%.


Canadian Net REIT  (OTCPK:CNNRF) EBIT Explanation

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

Canadian Net 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 )
=12.096 * ( 1 - 0% )/( (252.278 + 259.143)/ 2 )
=12.096/255.7105
=4.73 %

where

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

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

Canadian Net 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 )
=12.468/( ( (0 + max(-3.676, 0)) + (0 + max(-4.248, 0)) )/ 2 )
=12.468/( ( 0 + 0 )/ 2 )
=12.468/0
= %

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)
=(0 + 0 + 0.226) - (1.429 + 1.038 + 1.435)
=-3.676

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.099) - (1.364 + 1.3 + 1.683)
=-4.248

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=12.172/211.845
=5.75 %

* 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.


Canadian Net REIT EBIT Related Terms


Canadian Net REIT EBIT Historical Data

* Premium members only.

The historical data trend for Canadian Net 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.

Canadian Net REIT EBIT Chart

Canadian Net REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.37 0.06 19.28 10.06 17.78

Canadian Net 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 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 8.38 0.39 3.44 5.22 3.12

CNNRF vs VICI, WPC, BNL: EBIT Comparison

For the REIT - Diversified subindustry, Canadian Net 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.


Canadian Net REIT EV-to-EBIT vs REITs Industry

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

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


CNNRF
77GF Score
Canadian Net REIT CNNRF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Net 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 $12.17 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 $12.17 Mil mean?
Canadian Net REIT (CNNRF) has a EBIT of $12.17 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Canadian Net REIT.
Is Canadian Net REIT's EBIT too high?
Canadian Net REIT's current EBIT is $12.17 Mil. Overall, Canadian Net REIT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Net REIT's EBIT compare to VICI and WPC?
Canadian Net REIT's EBIT of $12.17 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 Canadian Net REIT. Canadian Net REIT's current EBIT is $12.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Net REIT stock overvalued right now?
Based on GuruFocus' analysis, Canadian Net REIT (CNNRF) is currently considered Fairly Valued. The stock's GF Value™ is $4.09, compared to a current price of $4.51 — trading 10.3% above its estimated fair value. The current EBIT is $12.17 Mil. Canadian Net REIT's overall GF Score™ is 77/100 with 10 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 Canadian Net REIT (CNNRF), the current EBIT is $12.17 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 Canadian Net REIT (CNNRF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Net REIT stock appears to be overvalued. The current stock price of $4.51 is trading 10.3% above its estimated GF Value™ of $4.09. GuruFocus considers Canadian Net REIT to be Fairly Valued.

Key valuation signals for CNNRF:

  • EBIT: $12.17 Mil
  • GF Value™: $4.09 vs. price of $4.51 (10.3% above fair value)
  • GF Score™: 77/100 with 10 warning signs

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


Canadian Net REIT Business Description

Industry Real EstateREITs
Other Exchanges NET.UN:Canada
Address 106 Gun Avenue, A/S Jason Parravano, Pointe Claire, QC, CAN, H9R 3X3
Canadian Net REIT is an open-ended trust that acquires and owns high-quality triple net and management-free commercial real estate properties. The Trust operates in one segment, commercial real estate located in Canada.
77GF Score

Get the complete analysis for CNNRF

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

$4.51
Price
$4.09
GF Value