KWIPF (Kiwi Property Group) EBIT: $77.9 Mil (TTM As of Mar. 2026)


KWIPF Kiwi Property Group Ltd KWIPF
41 GF Score
Price $0.54
GF Value $0.48
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Kiwi Property Group EBIT?

Kiwi Property Group KWIPF 41 EBIT is $77.9 Mil as of Mar. 2026. GuruFocus rates KWIPF with a GF Score™ of 41/100 and a GF Value™ of $0.48 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Kiwi Property Group's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was $47.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $77.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kiwi Property Group's annualized ROC % for the quarter that ended in Mar. 2026 was 2.97%. Kiwi Property Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 59.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kiwi Property Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.02%.

Kiwi Property Group  (OTCPK:KWIPF) EBIT Explanation

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

Kiwi Property Group'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 )
=76.004 * ( 1 - 25.76% )/( (1929.035 + 1867.82)/ 2 )
=56.4253696/1898.4275
=2.97 %

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))
=1964.568 - 27.294 - ( 8.239 - max(0, 90.474 - 196.311+8.239))
=1929.035

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))
=1900.461 - 26.558 - ( 6.083 - max(0, 29.322 - 191.052+6.083))
=1867.82

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:

Kiwi Property Group'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 )
=94.444/( ( (0.709 + max(157.355, 0)) + (0.651 + max(157.109, 0)) )/ 2 )
=94.444/( ( 158.064 + 157.76 )/ 2 )
=94.444/157.912
=59.81 %

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)
=(7.607 + 57.647 + 122.818) - (27.294 + 2.865 + 0.55800000000001)
=157.355

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.82 + 57.602 + 123.973) - (26.558 + 2.334 + 0.394)
=157.109

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:

Kiwi Property Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=77.933/1552.774
=5.02 %

* 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.

Kiwi Property Group EBIT Related Terms

Kiwi Property Group EBIT Historical Data

* Premium members only.

The historical data trend for Kiwi Property Group'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.

Kiwi Property Group EBIT Chart

Kiwi Property Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 205.17 -106.07 44.66 87.08 77.75

Kiwi Property Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 45.59 51.74 39.46 30.71 47.22

KWIPF vs VICI, WPC, BNL: EBIT Comparison

For the REIT - Diversified subindustry, Kiwi Property Group'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.

Kiwi Property Group EV-to-EBIT vs REITs Industry

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

* The bar in red indicates where Kiwi Property Group's EV-to-EBIT falls into.


KWIPF
41GF Score
Kiwi Property Group Ltd KWIPF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Kiwi Property Group 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 $77.9 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 $77.9 Mil mean?
Kiwi Property Group (KWIPF) has a EBIT of $77.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kiwi Property Group.
Is Kiwi Property Group's EBIT too high?
Kiwi Property Group's current EBIT is $77.9 Mil. Overall, Kiwi Property Group has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's EBIT compare to VICI and WPC?
Kiwi Property Group's EBIT of $77.9 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 Kiwi Property Group. Kiwi Property Group's current EBIT is $77.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (KWIPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.48, compared to a current price of $0.54 — trading 12.5% above its estimated fair value. The current EBIT is $77.9 Mil. Kiwi Property Group's overall GF Score™ is 41/100 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 Kiwi Property Group (KWIPF), the current EBIT is $77.9 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 Kiwi Property Group (KWIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued. The current stock price of $0.54 is trading 12.5% above its estimated GF Value™ of $0.48. GuruFocus considers Kiwi Property Group to be Modestly Overvalued.

Key valuation signals for KWIPF:

  • EBIT: $77.9 Mil
  • GF Value™: $0.48 vs. price of $0.54 (12.5% above fair value)
  • GF Score™: 41/100 with 10 warning signs

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

Kiwi Property Group Business Description

Industry Real EstateREITs
Other Exchanges KPG:New Zealand
Address 48 Shortland Street, P.O. Box 2071, Level 7, Vero Centre, Auckland, NTL, NZL, 1140
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
41GF Score

Get the complete analysis for KWIPF

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

$0.54
Price
$0.48
GF Value