Bulgarian Real Estate Fund REIT (LTS:0I43) EBIT: лв25.19 Mil (TTM As of Mar. 2026)


LTS:0I43 Bulgarian Real Estate Fund REIT LTS:0I43
71 GF Score
Price лв1.92
GF Value лв11.00
! 5 Warning Signs
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What is Bulgarian Real Estate Fund REIT EBIT?

Bulgarian Real Estate Fund REIT LTS:0I43 71 EBIT is лв25.19 Mil as of Mar. 2026. GuruFocus rates LTS:0I43 with a GF Score™ of 71/100 and a GF Value™ of лв11.00. The stock has 5 warning signs investors should review.

Bulgarian Real Estate Fund REIT's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was лв1.93 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was лв25.19 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bulgarian Real Estate Fund REIT's annualized ROC % for the quarter that ended in Mar. 2026 was 4.45%. Bulgarian Real Estate Fund REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 51,520.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bulgarian Real Estate Fund REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.54%.


Bulgarian Real Estate Fund REIT  (LTS:0I43) EBIT Explanation

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

Bulgarian Real Estate Fund 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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=7.584 * ( 1 - 0% )/( (176.505 + 164.562)/ 2 )
=7.584/170.5335
=4.45 %

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:

Bulgarian Real Estate Fund 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7.728/( ( (0.016 + max(-13.192, 0)) + (0.014 + max(-10.544, 0)) )/ 2 )
=7.728/( ( 0.016 + 0.014 )/ 2 )
=7.728/0.015
=51,520.00 %

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)
=(0.411 + 0 + 5.524) - (8.477 + 0 + 10.65)
=-13.192

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.944 + 0 + 0.045999999999999) - (11.114 + 0 + 0.42)
=-10.544

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:

Bulgarian Real Estate Fund REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=25.187/94.919
=26.54 %

* 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.


Bulgarian Real Estate Fund REIT EBIT Related Terms


Bulgarian Real Estate Fund REIT EBIT Historical Data

* Premium members only.

The historical data trend for Bulgarian Real Estate Fund 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.

Bulgarian Real Estate Fund REIT EBIT Chart

Bulgarian Real Estate Fund REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.14 12.17 16.15 19.05 25.12

Bulgarian Real Estate Fund REIT Quarterly Data
Mar21 Jun21 Sep21 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 1.69 2.00 2.11 19.15 1.93

LTS:0I43 vs VICI, WPC: EBIT Comparison

For the REIT - Diversified subindustry, Bulgarian Real Estate Fund 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.


Bulgarian Real Estate Fund REIT EV-to-EBIT vs REITs Industry

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

* The bar in red indicates where Bulgarian Real Estate Fund REIT's EV-to-EBIT falls into.


LTS:0I43
71GF Score
Bulgarian Real Estate Fund REIT LTS:0I43
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Bulgarian Real Estate Fund 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 quarterly data reported by the company within the most recent 12 months, which was лв25.19 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 лв25.19 Mil mean?
Bulgarian Real Estate Fund REIT (LTS:0I43) has a EBIT of лв25.19 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bulgarian Real Estate Fund REIT.
Is Bulgarian Real Estate Fund REIT's EBIT too high?
Bulgarian Real Estate Fund REIT's current EBIT is лв25.19 Mil. Overall, Bulgarian Real Estate Fund REIT has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Real Estate Fund REIT's EBIT compare to VICI and WPC?
Bulgarian Real Estate Fund REIT's EBIT of лв25.19 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 Bulgarian Real Estate Fund REIT. Bulgarian Real Estate Fund REIT's current EBIT is лв25.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Real Estate Fund REIT stock overvalued right now?
Bulgarian Real Estate Fund REIT (LTS:0I43) has a current EBIT of лв25.19 Mil. The stock's GF Value™ is лв11.00, compared to a current price of лв1.92 — trading 82.5% below its estimated fair value. The current EBIT is лв25.19 Mil. Bulgarian Real Estate Fund REIT's overall GF Score™ is 71/100 with 5 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 Bulgarian Real Estate Fund REIT (LTS:0I43), the current EBIT is лв25.19 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 Bulgarian Real Estate Fund REIT (LTS:0I43) Overvalued in 2026?

Based on GuruFocus' analysis, Bulgarian Real Estate Fund REIT stock appears to be undervalued. The current stock price of лв1.92 is trading 82.5% below its estimated GF Value™ of лв11.00.

Key valuation signals for LTS:0I43:

  • EBIT: лв25.19 Mil
  • GF Value™: лв11.00 vs. price of лв1.92 (82.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the LTS:0I43 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bulgarian Real Estate Fund REIT Business Description

Industry Real EstateREITs
Other Exchanges BREF:Bulgaria
Address 111 R Tsarigradsko shose Boulevard, Floor 16, Sofia, BGR, 1784
Bulgarian Real Estate Fund REIT is a special investment purpose joint-stock entity seated in the Republic of Bulgaria. The main activity of the fund is investing the cash funds raised through securities issuance in real property /securitization of real property/ through the purchase of ownership rights and other real rights over real property, carrying out construction and improvements therein for the purpose of making it available for management, renting, leasing and/or sale. Its investment objective is to achieve capital appreciation by means of diversified investments in business buildings, residential and other high-class properties, retail premises and agricultural land on the territory of Bulgaria.
71GF Score

Get the complete analysis for LTS:0I43

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

лв1.92
Price
лв11.00
GF Value