Lamda Development (LTS:0NCY) EBIT: €197.0 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.

LTS:0NCY Lamda Development SA LTS:0NCY
50 GF Score
Price €5.70
GF Value €7.67
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Lamda Development EBIT?

Lamda Development LTS:0NCY 50 EBIT is €197.0 Mil as of Mar. 2026. GuruFocus rates LTS:0NCY with a GF Score™ of 50/100 and a GF Value™ of €7.67 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Lamda Development's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €14.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €197.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lamda Development's annualized ROC % for the quarter that ended in Mar. 2026 was 1.08%. Lamda Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lamda Development's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.95%.

Lamda Development  (LTS:0NCY) EBIT Explanation

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

Lamda Development'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 )
=38.4 * ( 1 - 0% )/( (3596.063 + 3537.832)/ 2 )
=38.4/3566.9475
=1.08 %

where

Invested Capital(Q: Dec. 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))
=5015.786 - 669.325 - ( 750.398 - max(0, 853.462 - 1821.339+750.398))
=3596.063

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))
=5007.785 - 687.512 - ( 782.441 - max(0, 900.309 - 1769.235+782.441))
=3537.832

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Lamda Development'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 )
=59.024/( ( (243.666 + max(242.95, 0)) + (244.264 + max(115.454, 0)) )/ 2 )
=59.024/( ( 486.616 + 359.718 )/ 2 )
=59.024/423.167
=13.95 %

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)
=(264.316 + 678.665 + 127.96) - (669.325 + 0 + 158.666)
=242.95

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(220.832 + 669.808 + 96.154) - (687.512 + 0 + 183.828)
=115.454

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:

Lamda Development's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=196.967/1979.724
=9.95 %

* 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.

Lamda Development EBIT Related Terms

Lamda Development EBIT Historical Data

* Premium members only.

The historical data trend for Lamda Development'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.

Lamda Development EBIT Chart

Lamda Development 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 326.73 69.79 129.49 146.69 200.56

Lamda Development 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 18.35 193.34 41.99 -53.13 14.76

Lamda Development EBIT Competitor Comparison

For the Real Estate - Development subindustry, Lamda Development'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.

Lamda Development EV-to-EBIT vs Real Estate Industry

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

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


LTS:0NCY
50GF Score
Lamda Development SA LTS:0NCY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lamda Development 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 €197.0 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 €197.0 Mil mean?
Lamda Development (LTS:0NCY) has a EBIT of €197.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lamda Development.
Is Lamda Development's EBIT too high?
Lamda Development's current EBIT is €197.0 Mil. Overall, Lamda Development has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lamda Development's EBIT compare to competitors?
Lamda Development's EBIT of €197.0 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 Lamda Development. Lamda Development's current EBIT is €197.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lamda Development stock overvalued right now?
Based on GuruFocus' analysis, Lamda Development (LTS:0NCY) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.67, compared to a current price of €5.70 — trading 25.7% below its estimated fair value. The current EBIT is €197.0 Mil. Lamda Development's overall GF Score™ is 50/100 with 9 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 Lamda Development (LTS:0NCY), the current EBIT is €197.0 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 Lamda Development (LTS:0NCY) Overvalued in 2026?

Based on GuruFocus' analysis, Lamda Development stock appears to be undervalued. The current stock price of €5.70 is trading 25.7% below its estimated GF Value™ of €7.67. GuruFocus considers Lamda Development to be Modestly Undervalued.

Key valuation signals for LTS:0NCY:

  • EBIT: €197.0 Mil
  • GF Value™: €7.67 vs. price of €5.70 (25.7% below fair value)
  • GF Score™: 50/100 with 9 warning signs

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

Lamda Development Business Description

Other Exchanges LAMDA:GreeceLDQ:Germany
Address 37A Kifissias Avenue, Maroussi, GRC, 15123
Lamda Development SA is a holding company specializing in real estate development, investment, and management. The company's development portfolio includes three commercial and leisure centers, namely The Mall Athens, Golden Hall, and Mediterranean Cosmos; office buildings, and residential complexes. The company is operating in the business segment of real estate in Greece and Balkan countries. The company's investment portfolio is located in Greece and is mostly in the retail industry. In addition, Lamda Development develops land, builds marinas, maintains yachts, and provides refurbishing and airport services.
50GF Score

Get the complete analysis for LTS:0NCY

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

€5.70
Price
€7.67
GF Value