Vukile Property Fund (NAM:VKN) EBIT: N$7,348 Mil (TTM As of Mar. 2026)


NAM:VKN Vukile Property Fund Ltd NAM:VKN
73 GF Score
Price N$24.89
GF Value N$21.63
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Vukile Property Fund EBIT?

Vukile Property Fund NAM:VKN 73 EBIT is N$7,348 Mil as of Mar. 2026. GuruFocus rates NAM:VKN with a GF Score™ of 73/100 and a GF Value™ of N$21.63 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Vukile Property Fund's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was N$4,204 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was N$7,348 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vukile Property Fund's annualized ROC % for the quarter that ended in Mar. 2026 was 5.77%. Vukile Property Fund's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 535.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vukile Property Fund's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.00%.


Vukile Property Fund  (NAM:VKN) EBIT Explanation

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

Vukile Property Fund'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 )
=3313.892 * ( 1 - 0.92% )/( (54444.99 + 59418.411)/ 2 )
=3283.4041936/56931.7005
=5.77 %

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))
=55006.835 - 1095.267 - ( 2220.852 - max(0, 3354.018 - 2820.596+2220.852))
=54444.99

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))
=63513.955 - 620.985 - ( 3526.801 - max(0, 7452.806 - 10927.365+3526.801))
=59418.411

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:

Vukile Property Fund'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 )
=8407.94/( ( (0 + max(-587.427, 0)) + (74.912 + max(3067.469, 0)) )/ 2 )
=8407.94/( ( 0 + 3142.381 )/ 2 )
=8407.94/1571.1905
=535.13 %

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)
=(514.472 + 0 + 85.272) - (1095.267 + 0 + 91.904)
=-587.427

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 7302.981) - (620.985 + 0 + 3614.527)
=3067.469

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=7347.651/61254.952
=12.00 %

* 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.


Vukile Property Fund EBIT Related Terms


Vukile Property Fund EBIT Historical Data

* Premium members only.

The historical data trend for Vukile Property Fund'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.

Vukile Property Fund EBIT Chart

Vukile Property Fund 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 2,999.60 2,592.26 2,357.18 4,087.75 7,474.49

Vukile Property Fund 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 883.83 1,827.87 2,326.82 3,143.68 4,203.97

NAM:VKN vs SPG, O, KIM: EBIT Comparison

For the REIT - Retail subindustry, Vukile Property Fund'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.


Vukile Property Fund EV-to-EBIT vs REITs Industry

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

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


NAM:VKN
73GF Score
Vukile Property Fund Ltd NAM:VKN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Vukile Property Fund 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 N$7,348 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 N$7,348 Mil mean?
Vukile Property Fund (NAM:VKN) has a EBIT of N$7,348 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vukile Property Fund.
Is Vukile Property Fund's EBIT too high?
Vukile Property Fund's current EBIT is N$7,348 Mil. Overall, Vukile Property Fund has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vukile Property Fund's EBIT compare to SPG and O?
Vukile Property Fund's EBIT of N$7,348 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 Vukile Property Fund. Vukile Property Fund's current EBIT is N$7,348 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vukile Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Vukile Property Fund (NAM:VKN) is currently considered Modestly Overvalued. The stock's GF Value™ is N$21.63, compared to a current price of N$24.89 — trading 15.1% above its estimated fair value. The current EBIT is N$7,348 Mil. Vukile Property Fund's overall GF Score™ is 73/100 with 6 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 Vukile Property Fund (NAM:VKN), the current EBIT is N$7,348 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 Vukile Property Fund (NAM:VKN) Overvalued in 2026?

Based on GuruFocus' analysis, Vukile Property Fund stock appears to be overvalued. The current stock price of N$24.89 is trading 15.1% above its estimated GF Value™ of N$21.63. GuruFocus considers Vukile Property Fund to be Modestly Overvalued.

Key valuation signals for NAM:VKN:

  • EBIT: N$7,348 Mil
  • GF Value™: N$21.63 vs. price of N$24.89 (15.1% above fair value)
  • GF Score™: 73/100 with 6 warning signs

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


Vukile Property Fund Business Description

Industry Real EstateREITs
Other Exchanges VKE:South Africa
Address 11 Ninth Street, 4th Floor, Houghton Estate, Johannesburg, GT, ZAF, 2198
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue predominantly from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also its portfolio constituents. The majority of the company's tenants are large, listed national companies and franchises, with the remainder comprising government and midsize to large professional firms. The company's geographical segment includes South Africa and the Iberian Peninsula, which is further disaggregated into Spain and Portugal.
73GF Score

Get the complete analysis for NAM:VKN

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

N$24.89
Price
N$21.63
GF Value