Lighthouse Properties (FRA:87O) EBIT: €125.5 Mil (TTM As of Dec. 2025)


FRA:87O Lighthouse Properties PLC FRA:87O
50 GF Score
Price €0.38
GF Value €0.58
Valuation Possible Value Trap
! 9 Warning Signs
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What is Lighthouse Properties EBIT?

Lighthouse Properties FRA:87O 50 EBIT is €125.5 Mil as of Dec. 2025. GuruFocus rates FRA:87O with a GF Score™ of 50/100 and a GF Value™ of €0.58 (Possible Value Trap). The stock has 9 warning signs investors should review.

Lighthouse Properties's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €81.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €125.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lighthouse Properties's annualized ROC % for the quarter that ended in Dec. 2025 was 6.02%. Lighthouse Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 44,258.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lighthouse Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.78%.

Lighthouse Properties  (FRA:87O) EBIT Explanation

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

Lighthouse Properties'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 )
=93.938 * ( 1 - 0.46% )/( (1506.203 + 1601.808)/ 2 )
=93.5058852/1554.0055
=6.02 %

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))
=1611.95 - 39.629 - ( 87.86 - max(0, 46.788 - 112.906+87.86))
=1506.203

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))
=1662.046 - 14.641 - ( 62.51 - max(0, 45.82 - 91.417+62.51))
=1601.808

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:

Lighthouse Properties'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 )
=163.314/( ( (0.401 + max(-17.376, 0)) + (0.337 + max(-12.987, 0)) )/ 2 )
=163.314/( ( 0.401 + 0.337 )/ 2 )
=163.314/0.369
=44,258.54 %

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)
=(22.486 + 0 + 0.0010000000000048) - (39.629 + 0 + 0.234)
=-17.376

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.742 + 0 + 9.379) - (14.641 + 0 + 23.467)
=-12.987

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=125.481/1429.219
=8.78 %

* 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.

Lighthouse Properties EBIT Related Terms

Lighthouse Properties EBIT Historical Data

* Premium members only.

The historical data trend for Lighthouse 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.

Lighthouse Properties EBIT Chart

Lighthouse Properties Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.57 50.10 385.90 67.53 125.48

Lighthouse Properties Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 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 358.05 24.38 43.15 43.82 81.66

FRA:87O vs CBRE, BEKE, CSGP: EBIT Comparison

For the Real Estate Services subindustry, Lighthouse 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.

Lighthouse Properties EV-to-EBIT vs Real Estate Industry

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

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


FRA:87O
50GF Score
Lighthouse Properties PLC FRA:87O
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Lighthouse 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €125.5 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 €125.5 Mil mean?
Lighthouse Properties (FRA:87O) has a EBIT of €125.5 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lighthouse Properties.
Is Lighthouse Properties' EBIT too high?
Lighthouse Properties' current EBIT is €125.5 Mil. Overall, Lighthouse Properties has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lighthouse Properties' EBIT compare to CBRE and BEKE?
Lighthouse Properties' EBIT of €125.5 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good EBIT depends on the Real Estate 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 Lighthouse Properties. Lighthouse Properties's current EBIT is €125.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lighthouse Properties stock overvalued right now?
Based on GuruFocus' analysis, Lighthouse Properties (FRA:87O) is currently considered Possible Value Trap. The stock's GF Value™ is €0.58, compared to a current price of €0.38 — trading 35.2% below its estimated fair value. The current EBIT is €125.5 Mil. Lighthouse Properties' overall GF Score™ is 50/100 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 Lighthouse Properties (FRA:87O), the current EBIT is €125.5 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 Lighthouse Properties (FRA:87O) Overvalued in 2026?

Based on GuruFocus' analysis, Lighthouse Properties stock appears to be undervalued. The current stock price of €0.38 is trading 35.2% below its estimated GF Value™ of €0.58. GuruFocus considers Lighthouse Properties to be Possible Value Trap.

Key valuation signals for FRA:87O:

  • EBIT: €125.5 Mil
  • GF Value™: €0.58 vs. price of €0.38 (35.2% below fair value)
  • GF Score™: 50/100 with 9 warning signs

No single metric tells the full story. See the FRA:87O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lighthouse Properties Business Description

Other Exchanges LTE:South Africa
Address IL-Piazzetta, Tower Road, 4th Floor, Office 41, Block A, Sliema, MLT, SLM 1605
Lighthouse Properties PLC focuses on investing in dominant and defensive malls located in large Western European cities. Its activities include acquiring and investing in high-quality malls, enhancing property value through redevelopment, refurbishment, and improvements, and leasing space to tenants to generate rental income. The Group operates through two segments: direct property investments and indirect property investments, which involve temporary investments in listed real estate equity securities until capital is deployed into acquisitions, expansions, or refurbishments. The company's property portfolio is located across Spain, Portugal, and France, with the majority of revenue generated from Spain.
50GF Score

Get the complete analysis for FRA:87O

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

€0.38
Price
€0.58
GF Value