Vastned NV (LTS:0ET5) EBIT: €75.93 Mil (TTM As of Dec. 2025)


LTS:0ET5 Vastned NV LTS:0ET5
61 GF Score
Price €29.65
GF Value €25.01
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Vastned NV EBIT?

Vastned NV LTS:0ET5 -0.34% 61 EBIT is €75.93 Mil as of Dec. 2025. GuruFocus rates LTS:0ET5 with a GF Score™ of 61/100 and a GF Value™ of €25.01 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Vastned NV's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €36.78 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €75.93 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vastned NV's annualized ROC % for the quarter that ended in Dec. 2025 was 3.25%. Vastned NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4,665.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vastned NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 7.81%.


Vastned NV  (LTS:0ET5) EBIT Explanation

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

Vastned NV'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 )
=55.174 * ( 1 - 19.33% )/( (1395.626 + 1339.951)/ 2 )
=44.5088658/1367.7885
=3.25 %

where

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:

Vastned NV'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 )
=73.556/( ( (1.659 + max(-16.363, 0)) + (1.494 + max(-14.226, 0)) )/ 2 )
=73.556/( ( 1.659 + 1.494 )/ 2 )
=73.556/1.5765
=4,665.78 %

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)
=(8.596 + 0 + 1.845) - (6.634 + 0 + 20.17)
=-16.363

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.835 + 0 + 2.318) - (6.58 + 0 + 17.799)
=-14.226

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:

Vastned NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=75.932/972.331
=7.81 %

* 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.


Vastned NV EBIT Related Terms


Vastned NV EBIT Historical Data

* Premium members only.

The historical data trend for Vastned NV'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.

Vastned NV EBIT Chart

Vastned NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.68 16.23 14.58 13.83 75.93

Vastned NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 6.56 10.19 3.64 39.15 36.78

LTS:0ET5 vs SPG, O, KIM: EBIT Comparison

For the REIT - Retail subindustry, Vastned NV'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.


Vastned NV EV-to-EBIT vs REITs Industry

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

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


LTS:0ET5
61GF Score
Vastned NV LTS:0ET5
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Vastned NV 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 €75.93 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 €75.93 Mil mean?
Vastned NV (LTS:0ET5) has a EBIT of €75.93 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vastned NV.
Is Vastned NV's EBIT too high?
Vastned NV's current EBIT is €75.93 Mil. Overall, Vastned NV has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vastned NV's EBIT compare to SPG and O?
Vastned NV's EBIT of €75.93 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 Vastned NV. Vastned NV's current EBIT is €75.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vastned NV stock overvalued right now?
Based on GuruFocus' analysis, Vastned NV (LTS:0ET5) is currently considered Modestly Overvalued. The stock's GF Value™ is €25.01, compared to a current price of €29.65 — trading 18.6% above its estimated fair value. The current EBIT is €75.93 Mil. Vastned NV's overall GF Score™ is 61/100 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 Vastned NV (LTS:0ET5), the current EBIT is €75.93 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 Vastned NV (LTS:0ET5) Overvalued in 2026?

Based on GuruFocus' analysis, Vastned NV stock appears to be overvalued. The current stock price of €29.65 is trading 18.6% above its estimated GF Value™ of €25.01. GuruFocus considers Vastned NV to be Modestly Overvalued.

Key valuation signals for LTS:0ET5:

  • EBIT: €75.93 Mil
  • GF Value™: €25.01 vs. price of €29.65 (18.6% above fair value)
  • GF Score™: 61/100 with 10 warning signs

No single metric tells the full story. See the LTS:0ET5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vastned NV Business Description

Industry Real EstateREITs
Other Exchanges VASTB:Belgium
Address Generaal Lemanstraat 61, Antwerp, BEL, 2018
Vastned NV, formerly Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.
61GF Score

Get the complete analysis for LTS:0ET5

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

€29.65
Price
€25.01
GF Value