Activia Properties (FRA:7ZY) EBIT: €94.4 Mil (TTM As of Nov. 2025)


FRA:7ZY Activia Properties Inc FRA:7ZY
75 GF Score
Price €740.00
GF Value €712.19
Valuation Fairly Valued
! 10 Warning Signs
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What is Activia Properties EBIT?

Activia Properties FRA:7ZY -0.67% 75 EBIT is €94.4 Mil as of Nov. 2025. GuruFocus rates FRA:7ZY with a GF Score™ of 75/100 and a GF Value™ of €712.19 (Fairly Valued). The stock has 10 warning signs investors should review.

Activia Properties's earnings before interest and taxes (EBIT) for the six months ended in Nov. 2025 was €46.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2025 was €94.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Activia Properties's annualized ROC % for the quarter that ended in Nov. 2025 was 2.82%. Activia Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was 3.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Activia Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was 3.03%.


Activia Properties  (FRA:7ZY) EBIT Explanation

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

Activia Properties's annualized ROC % for the quarter that ended in Nov. 2025 is calculated as:

ROC % (Q: Nov. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2025 ) + Invested Capital (Q: Nov. 2025 ))/ count )
=95.426 * ( 1 - 0.01% )/( (3556.297 + 3215.277)/ 2 )
=95.4164574/3385.787
=2.82 %

where

Invested Capital(Q: May. 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))
=3429.177 - 10.789 - ( 94.256 - max(0, 268.094 - 130.185+94.256))
=3556.297

Invested Capital(Q: Nov. 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))
=3129.199 - 13.237 - ( 92.69 - max(0, 224.216 - 124.901+92.69))
=3215.277

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

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

Activia Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2025  Q: Nov. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=93.134/( ( (3224.791 + max(15.905, 0)) + (2936.631 + max(10.489, 0)) )/ 2 )
=93.134/( ( 3240.696 + 2947.12 )/ 2 )
=93.134/3093.908
=3.01 %

where Working Capital is:

Working Capital(Q: May. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.622 + 0 + 31.307) - (10.789 + 0 + 9.235)
=15.905

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.15 + 0 + 28.061) - (13.237 + 0 + 8.485)
=10.489

When net working capital is negative, 0 is used.

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

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

Activia Properties's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2025 )
=94.427/3116.965
=3.03 %

* 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.


Activia Properties EBIT Related Terms


Activia Properties EBIT Historical Data

* Premium members only.

The historical data trend for Activia Properties'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.

Activia Properties EBIT Chart

Activia Properties Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.79 118.01 117.10 96.64 90.15

Activia Properties Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 57.82 48.57 46.48 47.86 46.57

FRA:7ZY vs VICI, WPC: EBIT Comparison

For the REIT - Diversified subindustry, Activia Properties'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.


Activia Properties EV-to-EBIT vs REITs Industry

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

* The bar in red indicates where Activia Properties's EV-to-EBIT falls into.


FRA:7ZY
75GF Score
Activia Properties Inc FRA:7ZY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Activia Properties 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 Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €94.4 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 €94.4 Mil mean?
Activia Properties (FRA:7ZY) has a EBIT of €94.4 Mil as of Nov. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Activia Properties.
Is Activia Properties' EBIT too high?
Activia Properties' current EBIT is €94.4 Mil. Overall, Activia Properties has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Activia Properties' EBIT compare to VICI and WPC?
Activia Properties' EBIT of €94.4 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 Activia Properties. Activia Properties's current EBIT is €94.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Activia Properties stock overvalued right now?
Based on GuruFocus' analysis, Activia Properties (FRA:7ZY) is currently considered Fairly Valued. The stock's GF Value™ is €712.19, compared to a current price of €740.00 — trading 3.9% above its estimated fair value. The current EBIT is €94.4 Mil. Activia Properties' overall GF Score™ is 75/100 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 Activia Properties (FRA:7ZY), the current EBIT is €94.4 Mil as of Nov. 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 Activia Properties (FRA:7ZY) Overvalued in 2026?

Based on GuruFocus' analysis, Activia Properties stock appears to be overvalued. The current stock price of €740.00 is trading 3.9% above its estimated GF Value™ of €712.19. GuruFocus considers Activia Properties to be Fairly Valued.

Key valuation signals for FRA:7ZY:

  • EBIT: €94.4 Mil
  • GF Value™: €712.19 vs. price of €740.00 (3.9% above fair value)
  • GF Score™: 75/100 with 10 warning signs

No single metric tells the full story. See the FRA:7ZY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Activia Properties Business Description

Industry Real EstateREITs
Other Exchanges 3279:Japan
Address 21-1 Dogenzaka 1-chome, Shibuya Solasta 18th Floor, Shibuya-ku, Tokyo, JPN, 150-0043
Activia Properties Inc, or API, is a Japanese real estate investment trust principally involved in the ownership of properties in the Greater Tokyo area. The majority of these properties are either urban retail units near train stations, corporate office properties, or other popular areas in Tokyo. API derives the vast majority of its income in the form of rental revenue from its real estate holdings. Its urban retail properties encompass the larger overall share of these holdings. The company's tenants include the Tokyu Land Corporation, a Japanese railway operator. Tokyu Land Corp is also the controlling shareholder of the firm that works with Activia through an asset management agreement, TLC Activia Investment Management Inc.
75GF Score

Get the complete analysis for FRA:7ZY

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

€740.00
Price
€712.19
GF Value