Emirates REIT (CEIC) (DIFX:REIT) EBIT: $219.08 Mil (TTM As of Dec. 2025)

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Emirates REIT (CEIC) PLC DIFX:REIT

49 GF Score

Price $0.63

GF Value $0.26

Valuation Significantly Overvalued

4 Warning Signs

View Full Analysis

What is Emirates REIT (CEIC) EBIT?

Emirates REIT (CEIC) DIFX:REIT 49 EBIT is $219.08 Mil as of Dec. 2025. GuruFocus rates DIFX:REIT with a GF Score™ of 49/100 and a GF Value™ of $0.26 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Emirates REIT (CEIC)'s earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $33.15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $219.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Emirates REIT (CEIC)'s annualized ROC % for the quarter that ended in Dec. 2025 was 4.16%. Emirates REIT (CEIC)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 297.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Emirates REIT (CEIC)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 46.79%.

Emirates REIT (CEIC) (DIFX:REIT) EBIT Explanation

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

Emirates REIT (CEIC)'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 )
=	50.95 * ( 1 - 0% )	/	( (1216.414	+	1231.341)	/ 2 )
=	50.95	/	1223.8775
=	4.16 %

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	))
=	1223.883	-	19.009	-	( 21.042	-	max(0, 43.899	-	32.359	+	21.042	))
=	1216.414

	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	))
=	1245.121	-	31.758	-	( 29.912	-	max(0, 55.411	-	37.433	+	29.912	))
=	1231.341

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:

Emirates REIT (CEIC)'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 )
=	66.298	/	( ( (44.504 + max(-32.697, 0))	+	(0 + max(-47.06, 0)) )	/	2 )
=	66.298	/	( ( 44.504	+	0 )	/	2 )
=	66.298	/	22.252
=	297.94 %

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)
=	(2.224	+	0	+	4.068)	-	(19.009	+	0	+	19.98)
=	-32.697

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.767	+	0	+	4.351)	-	(31.758	+	0	+	20.42)
=	-47.06

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	219.083	/	468.249
	=	46.79 %

* 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.

Emirates REIT (CEIC) EBIT Related Terms

Emirates REIT (CEIC) EBIT Historical Data

* Premium members only.

The historical data trend for Emirates REIT (CEIC)'s EBIT can be seen below:

Emirates REIT (CEIC) EBIT Chart

Emirates REIT (CEIC) Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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65.85

84.72

129.87

211.25

219.08

Emirates REIT (CEIC) Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
EBIT	Get a 7-Day Free Trial															82.21	64.83	146.42	185.93	33.15

DIFX:REIT vs VICI, WPC, BNL: EBIT Comparison

For the REIT - Diversified subindustry, Emirates REIT (CEIC)'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.

Emirates REIT (CEIC) EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Emirates REIT (CEIC)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Emirates REIT (CEIC)'s EV-to-EBIT falls into.

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49GF Score

Emirates REIT (CEIC) PLC DIFX:REIT

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

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Emirates REIT (CEIC) 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 $219.08 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $219.08 Mil mean?

Emirates REIT (CEIC) (DIFX:REIT) has a EBIT of $219.08 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Emirates REIT (CEIC).

Is Emirates REIT (CEIC)'s EBIT too high?

Emirates REIT (CEIC)'s current EBIT is $219.08 Mil. Overall, Emirates REIT (CEIC) has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Emirates REIT (CEIC)'s EBIT compare to VICI and WPC?

Emirates REIT (CEIC)'s EBIT of $219.08 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 Emirates REIT (CEIC). Emirates REIT (CEIC)'s current EBIT is $219.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Emirates REIT (CEIC) stock overvalued right now?

Based on GuruFocus' analysis, Emirates REIT (CEIC) (DIFX:REIT) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.26, compared to a current price of $0.63 — trading 142.7% above its estimated fair value. The current EBIT is $219.08 Mil. Emirates REIT (CEIC)'s overall GF Score™ is 49/100 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 Emirates REIT (CEIC) (DIFX:REIT), the current EBIT is $219.08 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 Emirates REIT (CEIC) (DIFX:REIT) Overvalued in 2026?

Based on GuruFocus' analysis, Emirates REIT (CEIC) stock appears to be overvalued. The current stock price of $0.63 is trading 142.7% above its estimated GF Value™ of $0.26. GuruFocus considers Emirates REIT (CEIC) to be Significantly Overvalued.

Key valuation signals for DIFX:REIT:

EBIT: $219.08 Mil
GF Value™: $0.26 vs. price of $0.63 (142.7% above fair value)
GF Score™: 49/100 with 4 warning signs

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

Emirates REIT (CEIC) Business Description

Industry Real Estate REITs

Comparable Companies DFM:AMCREIT ASX:GMG VICI WPC BSP:HSRE11 ASX:CHC ASX:SGP XPAR:COV ASX:GPT LSE:LAND MEX:FUNO11 LSE:BLND ASX:MGR BNL XKLS:5235SS TSE:8972 JSE:GRT LSE:UTG TSE:8984 SGX:T82U

Address Dubai International Financial Centre, Po Box 482015, Index Tower - East Entrance, Level 23, Dubai, ARE

Website https://www.reit.ae

Emirates REIT (CEIC) PLC is a closed-ended investment company with a mandate to invest in a diversified portfolio of Shari'a-compliant real estate properties. The Investment objective of the company is to provide shareholders with a Shari'a-compliant income by maintaining a stable dividend distribution and increasing shareholder value through accretive acquisitions, active asset management, and capital appreciation. The property portfolio of the company Index Tower, Loft Offices, Building 24, Indigo 7, European Business Centre, Index Mall, Lycee Francais Jean Mermoz, GEMS World Academy, and Durham School Dubai.

49GF Score

Get the complete analysis for DIFX:REIT

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

$0.63

Price

$0.26

GF Value

View DIFX:REIT Analysis

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