NTT DC REIT (FRA:X3E) EBIT: € Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:X3E NTT DC REIT FRA:X3E
20 GF Score
Price €0.79
! 7 Warning Signs
View Full Analysis

What is NTT DC REIT EBIT?

NTT DC REIT FRA:X3E +1.33% 20 EBIT is € Mil as of Mar. 2026. GuruFocus rates FRA:X3E with a GF Score™ of 20/100. The stock has 7 warning signs investors should review.

NTT DC REIT's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was €9.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NTT DC REIT's annualized ROC % for the quarter that ended in Mar. 2026 was 1.38%. NTT DC REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

NTT DC REIT  (FRA:X3E) EBIT Explanation

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

NTT DC 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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=19.012 * ( 1 - 0% )/( (1277.409 + 1476.283)/ 2 )
=19.012/1376.846
=1.38 %

where

Invested Capital(Q: Sep. 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))
=1369.726 - 65.788 - ( 45.878 - max(0, 65.788 - 92.317+45.878))
=1277.409

Invested Capital(Q: Mar. 2026 )
=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))
=1534.334 - 18.268 - ( 39.783 - max(0, 38.069 - 79.826+39.783))
=1476.283

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

NTT DC 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=18.6/( ( (1274.731 + max(-19.349, 0)) + (1442.139 + max(-7.276, 0)) )/ 2 )
=18.6/( ( 1274.731 + 1442.139 )/ 2 )
=18.6/1358.435
=1.37 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46.438 + 0 + 0.00099999999999056) - (65.788 + 0 + 0)
=-19.349

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.557 + 0 + 5.236) - (18.268 + 0 + 19.801)
=-7.276

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=/1239.942
= %

* 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.

NTT DC REIT EBIT Related Terms

NTT DC REIT EBIT Historical Data

* Premium members only.

The historical data trend for NTT DC 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.

NTT DC REIT EBIT Chart

NTT DC REIT Annual Data
Trend Mar22 Mar23 Mar24 Mar26
EBIT
20.62 20.91 -7.88 13.12

NTT DC REIT Semi-Annual Data
Mar24 Sep25 Mar26
EBIT 0.00 3.77 9.30

FRA:X3E vs VICI, WPC, BNL: EBIT Comparison

For the REIT - Diversified subindustry, NTT DC 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.

NTT DC REIT EV-to-EBIT vs REITs Industry

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

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


FRA:X3E
20GF Score
NTT DC REIT FRA:X3E
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTT DC 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 semi-annually data reported by the company within the most recent 12 months, which was € 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 € Mil mean?
NTT DC REIT (FRA:X3E) has a EBIT of € Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NTT DC REIT.
Is NTT DC REIT's EBIT too high?
NTT DC REIT's current EBIT is € Mil. Overall, NTT DC REIT has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does NTT DC REIT's EBIT compare to VICI and WPC?
NTT DC REIT's EBIT of € 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 NTT DC REIT. NTT DC REIT's current EBIT is € Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT DC REIT stock overvalued right now?
NTT DC REIT (FRA:X3E) has a current EBIT of € Mil. The current EBIT is € Mil. NTT DC REIT's overall GF Score™ is 20/100 with 7 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 NTT DC REIT (FRA:X3E), the current EBIT is € 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.

NTT DC REIT Business Description

Industry Real EstateREITs
Other Exchanges NTDU:Singapore
Address 8 Kallang Avenue, No.14-01/02, Aperia Tower 1, Singapore, SGP, 339509
NTT DC REIT is a Singapore real estate investment trust (S-REIT) established with the principal of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used for data center purposes, as well as assets necessary to support the digital economy. Its key objectives are to provide Unitholders with regular and stable distributions and to achieve long-term growth in DPU and net asset value (NAV) per Unit, while maintaining an appropriate capital structure.
20GF Score

Get the complete analysis for FRA:X3E

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

€0.79
Price