Immobel (STU:R5L) EBIT: €63.2 Mil (TTM As of Dec. 2025)


STU:R5L Immobel STU:R5L
55 GF Score
Price €22.70
GF Value €49.50
Valuation Possible Value Trap
! 6 Warning Signs
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What is Immobel EBIT?

Immobel STU:R5L +1.79% 55 EBIT is €63.2 Mil as of Dec. 2025. GuruFocus rates STU:R5L with a GF Score™ of 55/100 and a GF Value™ of €49.50 (Possible Value Trap). The stock has 6 warning signs investors should review.

Immobel's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €34.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €63.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Immobel's annualized ROC % for the quarter that ended in Dec. 2025 was 3.55%. Immobel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Immobel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.95%.


Immobel  (STU:R5L) EBIT Explanation

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

Immobel'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 )
=66.108 * ( 1 - 34.36% )/( (1270.931 + 1172.098)/ 2 )
=43.3932912/1221.5145
=3.55 %

where

Invested Capital(Q: Jun. 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))
=1488.579 - 61.856 - ( 155.792 - max(0, 593.654 - 1138.687+155.792))
=1270.931

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))
=1379.456 - 82.019 - ( 125.339 - max(0, 555.157 - 1040.145+125.339))
=1172.098

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:

Immobel'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 )
=68.114/( ( (10.001 + max(852.656, 0)) + (9.072 + max(780.284, 0)) )/ 2 )
=68.114/( ( 862.657 + 789.356 )/ 2 )
=68.114/826.0065
=8.25 %

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)
=(31.74 + 916.854 + 23.181) - (61.856 + 0 + 57.263)
=852.656

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.324 + 826.585 + 40.248) - (82.019 + 0 + 37.854)
=780.284

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=63.21/909.170
=6.95 %

* 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.


Immobel EBIT Related Terms


Immobel EBIT Historical Data

* Premium members only.

The historical data trend for Immobel'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.

Immobel EBIT Chart

Immobel 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 100.21 17.30 -15.46 -74.56 63.21

Immobel 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 -18.59 -82.80 8.24 29.15 34.06

Immobel EBIT Competitor Comparison

For the Real Estate - Development subindustry, Immobel'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.


Immobel EV-to-EBIT vs Real Estate Industry

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

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


STU:R5L
55GF Score
Immobel STU:R5L
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Immobel 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 €63.2 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 €63.2 Mil mean?
Immobel (STU:R5L) has a EBIT of €63.2 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Immobel.
Is Immobel's EBIT too high?
Immobel's current EBIT is €63.2 Mil. Overall, Immobel has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Immobel's EBIT compare to competitors?
Immobel's EBIT of €63.2 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 Immobel. Immobel's current EBIT is €63.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Immobel stock overvalued right now?
Based on GuruFocus' analysis, Immobel (STU:R5L) is currently considered Possible Value Trap. The stock's GF Value™ is €49.50, compared to a current price of €22.70 — trading 54.1% below its estimated fair value. The current EBIT is €63.2 Mil. Immobel's overall GF Score™ is 55/100 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 Immobel (STU:R5L), the current EBIT is €63.2 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 Immobel (STU:R5L) Overvalued in 2026?

Based on GuruFocus' analysis, Immobel stock appears to be undervalued. The current stock price of €22.70 is trading 54.1% below its estimated GF Value™ of €49.50. GuruFocus considers Immobel to be Possible Value Trap.

Key valuation signals for STU:R5L:

  • EBIT: €63.2 Mil
  • GF Value™: €49.50 vs. price of €22.70 (54.1% below fair value)
  • GF Score™: 55/100 with 6 warning signs

No single metric tells the full story. See the STU:R5L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Immobel Business Description

Address Boulevard Anspach 1, Brussels, BEL, 1000
Immobel develops mixed real estate with a variety of functions such as living, working, shopping, and leisure. Its project portfolio includes residential, offices, and land banking. The company's real estate development, is carried out in Belgium, Luxembourg, France, Germany, Poland, Spain and the United Kingdom. It derives maximum revenue from Belgium. Its Projects include: Sablon, O'Sea, Brouck'r, Oxy, Kiem 2050, Eden, The Commodore, Saint-Antoine, Canal 44, Heros, Tati-La Passerelle Neo Barbes, Ilot Saint-Roch, The Frame, Slachthuissite and Others.
55GF Score

Get the complete analysis for STU:R5L

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

€22.70
Price
€49.50
GF Value