Real Matters (FRA:R3E) EBIT: €-4.6 Mil (TTM As of Mar. 2026)


FRA:R3E Real Matters Inc FRA:R3E
69 GF Score
Price €3.00
GF Value €3.74
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Real Matters EBIT?

Real Matters FRA:R3E -1.32% 69 EBIT is €-4.6 Mil as of Mar. 2026. GuruFocus rates FRA:R3E with a GF Score™ of 69/100 and a GF Value™ of €3.74 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Real Matters's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €1.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €-4.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Real Matters's annualized ROC % for the quarter that ended in Mar. 2026 was -1.62%. Real Matters's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 178.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Real Matters's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.14%.


Real Matters  (FRA:R3E) EBIT Explanation

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

Real Matters'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 )
=-0.86 * ( 1 - 16.26% )/( (43.304 + 45.602)/ 2 )
=-0.720164/44.453
=-1.62 %

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:

Real Matters'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 )
=5.22/( ( (1.544 + max(0.53800000000001, 0)) + (1.366 + max(2.393, 0)) )/ 2 )
=5.22/( ( 2.082 + 3.759 )/ 2 )
=5.22/2.9205
=178.74 %

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)
=(8.806 + 0 + 1.741) - (9.288 + 0 + 0.721)
=0.53800000000001

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.669 + 0 + 1.631) - (12.089 + 0 + 0.818)
=2.393

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:

Real Matters's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-4.573/213.955
=-2.14 %

* 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.


Real Matters EBIT Related Terms


Real Matters EBIT Historical Data

* Premium members only.

The historical data trend for Real Matters'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.

Real Matters EBIT Chart

Real Matters Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.54 -12.21 -8.30 -0.41 -4.01

Real Matters 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 -2.85 -4.66 1.49 -2.70 1.31

FRA:R3E vs CBRE, BEKE: EBIT Comparison

For the Real Estate Services subindustry, Real Matters'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.


Real Matters EV-to-EBIT vs Real Estate Industry

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

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


FRA:R3E
69GF Score
Real Matters Inc FRA:R3E
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Real Matters 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 €-4.6 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 €-4.6 Mil mean?
Real Matters (FRA:R3E) has a EBIT of €-4.6 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Real Matters.
Is Real Matters' EBIT too high?
Real Matters' current EBIT is €-4.6 Mil. Overall, Real Matters has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Real Matters' EBIT compare to CBRE and BEKE?
Real Matters' EBIT of €-4.6 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 Real Matters. Real Matters's current EBIT is €-4.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Matters stock overvalued right now?
Based on GuruFocus' analysis, Real Matters (FRA:R3E) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.74, compared to a current price of €3.00 — trading 19.8% below its estimated fair value. The current EBIT is €-4.6 Mil. Real Matters' overall GF Score™ is 69/100 with 2 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 Real Matters (FRA:R3E), the current EBIT is €-4.6 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 Real Matters (FRA:R3E) Overvalued in 2026?

Based on GuruFocus' analysis, Real Matters stock appears to be undervalued. The current stock price of €3.00 is trading 19.8% below its estimated GF Value™ of €3.74. GuruFocus considers Real Matters to be Modestly Undervalued.

Key valuation signals for FRA:R3E:

  • EBIT: €-4.6 Mil
  • GF Value™: €3.74 vs. price of €3.00 (19.8% below fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the FRA:R3E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Real Matters Business Description

Other Exchanges RLLMF:USAREAL:Canada
Address 50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8
Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title, and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.
69GF Score

Get the complete analysis for FRA:R3E

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

€3.00
Price
€3.74
GF Value