NRWRF (NewRiver REIT) EBIT: $69.2 Mil (TTM As of Mar. 2026)


NRWRF NewRiver REIT PLC NRWRF
69 GF Score
Price $1.02
GF Value $1.17
Valuation Modestly Undervalued
! 4 Warning Signs
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What is NewRiver REIT EBIT?

NewRiver REIT NRWRF 69 EBIT is $69.2 Mil as of Mar. 2026. GuruFocus rates NRWRF with a GF Score™ of 69/100 and a GF Value™ of $1.17 (Modestly Undervalued). The stock has 4 warning signs investors should review.

NewRiver REIT's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was $36.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $69.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NewRiver REIT's annualized ROC % for the quarter that ended in Mar. 2026 was 6.28%. NewRiver REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 226.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NewRiver REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.18%.

NewRiver REIT  (OTCPK:NRWRF) EBIT Explanation

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

NewRiver 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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=78.934 * ( 1 - 1.14% )/( (1271.352 + 1214.8)/ 2 )
=78.0341524/1243.076
=6.28 %

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))
=1373.919 - 30.27 - ( 119.73 - max(0, 76.757 - 149.054+119.73))
=1271.352

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))
=1362.667 - 26.933 - ( 154 - max(0, 64.933 - 185.867+154))
=1214.8

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:

NewRiver 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=73.6/( ( (28.243 + max(-57.704, 0)) + (36.667 + max(-43.599, 0)) )/ 2 )
=73.6/( ( 28.243 + 36.667 )/ 2 )
=73.6/32.455
=226.78 %

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)
=(3.378 + 0 + 13.648) - (30.27 + 0 + 44.46)
=-57.704

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.067 + 0 + 13.867) - (26.933 + 0 + 35.6)
=-43.599

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:

NewRiver REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=69.232/964.661
=7.18 %

* 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.

NewRiver REIT EBIT Related Terms

NewRiver REIT EBIT Historical Data

* Premium members only.

The historical data trend for NewRiver 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.

NewRiver REIT EBIT Chart

NewRiver REIT 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 35.31 -1.70 23.25 56.07 68.80

NewRiver REIT 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 16.90 20.90 35.66 32.43 36.80

NRWRF vs SPG, O, KIM: EBIT Comparison

For the REIT - Retail subindustry, NewRiver 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.

NewRiver REIT EV-to-EBIT vs REITs Industry

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

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


NRWRF
69GF Score
NewRiver REIT PLC NRWRF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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NewRiver 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 semi-annually data reported by the company within the most recent 12 months, which was $69.2 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 $69.2 Mil mean?
NewRiver REIT (NRWRF) has a EBIT of $69.2 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NewRiver REIT.
Is NewRiver REIT's EBIT too high?
NewRiver REIT's current EBIT is $69.2 Mil. Overall, NewRiver REIT has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NewRiver REIT's EBIT compare to SPG and O?
NewRiver REIT's EBIT of $69.2 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 NewRiver REIT. NewRiver REIT's current EBIT is $69.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NewRiver REIT stock overvalued right now?
Based on GuruFocus' analysis, NewRiver REIT (NRWRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.17, compared to a current price of $1.02 — trading 12.8% below its estimated fair value. The current EBIT is $69.2 Mil. NewRiver REIT's overall GF Score™ is 69/100 with 4 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 NewRiver REIT (NRWRF), the current EBIT is $69.2 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 NewRiver REIT (NRWRF) Overvalued in 2026?

Based on GuruFocus' analysis, NewRiver REIT stock appears to be undervalued. The current stock price of $1.02 is trading 12.8% below its estimated GF Value™ of $1.17. GuruFocus considers NewRiver REIT to be Modestly Undervalued.

Key valuation signals for NRWRF:

  • EBIT: $69.2 Mil
  • GF Value™: $1.17 vs. price of $1.02 (12.8% below fair value)
  • GF Score™: 69/100 with 4 warning signs

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

NewRiver REIT Business Description

Industry Real EstateREITs
Other Exchanges NRRl:UKNRR:UK087:Germany
Address 89 Whitfield Street, London, GBR, W1T 4DE
NewRiver REIT PLC is a real estate investment trust that invests in, manages, and develops retail and leisure properties. The company's property portfolio comprises shopping centers, retail warehouses, and pubs across the United Kingdom. The retail properties contribute a substantial amount to the total revenue, and these are largely located in Yorkshire and Humberside, London, Northeast and Southeast England, Scotland, and Wales. The company generates a majority of its revenue from leasing properties to tenants, which include discount retailers, fashion and accessory stores, groceries, homeware and furniture stores, and dining venues among others.
69GF Score

Get the complete analysis for NRWRF

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

$1.02
Price
$1.17
GF Value