Retail Estates (STU:R6N) EBIT: €156.9 Mil (TTM As of Mar. 2026)


STU:R6N Retail Estates SA STU:R6N
75 GF Score
Price €69.20
GF Value €61.47
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Retail Estates EBIT?

Retail Estates STU:R6N +0.44% 75 EBIT is €156.9 Mil as of Mar. 2026. GuruFocus rates STU:R6N with a GF Score™ of 75/100 and a GF Value™ of €61.47 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Retail Estates's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was €96.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €156.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Retail Estates's annualized ROC % for the quarter that ended in Mar. 2026 was 5.01%. Retail Estates's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,803.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Retail Estates's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.16%.


Retail Estates  (STU:R6N) EBIT Explanation

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

Retail Estates'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 )
=119.472 * ( 1 - 2.92% )/( (2256.99 + 2371.538)/ 2 )
=115.9834176/2314.264
=5.01 %

where

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:

Retail Estates'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 )
=193.878/( ( (6.167 + max(-12.088, 0)) + (5.97 + max(9.364, 0)) )/ 2 )
=193.878/( ( 6.167 + 15.334 )/ 2 )
=193.878/10.7505
=1,803.43 %

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)
=(17.909 + 0 + 7.073) - (14.671 + 0 + 22.399)
=-12.088

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.535 + 0.078 + 25.249) - (7.331 + 0 + 26.167)
=9.364

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=156.863/1922.676
=8.16 %

* 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.


Retail Estates EBIT Related Terms


Retail Estates EBIT Historical Data

* Premium members only.

The historical data trend for Retail Estates'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.

Retail Estates EBIT Chart

Retail Estates 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 153.66 194.27 145.56 146.41 156.86

Retail Estates 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 48.92 53.45 92.96 59.92 96.94

STU:R6N vs SPG, O, KIM: EBIT Comparison

For the REIT - Retail subindustry, Retail Estates'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.


Retail Estates EV-to-EBIT vs REITs Industry

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

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


STU:R6N
75GF Score
Retail Estates SA STU:R6N
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Retail Estates 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 €156.9 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 €156.9 Mil mean?
Retail Estates (STU:R6N) has a EBIT of €156.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Retail Estates.
Is Retail Estates' EBIT too high?
Retail Estates' current EBIT is €156.9 Mil. Overall, Retail Estates has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Retail Estates' EBIT compare to SPG and O?
Retail Estates' EBIT of €156.9 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 Retail Estates. Retail Estates's current EBIT is €156.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Retail Estates stock overvalued right now?
Based on GuruFocus' analysis, Retail Estates (STU:R6N) is currently considered Modestly Overvalued. The stock's GF Value™ is €61.47, compared to a current price of €69.20 — trading 12.6% above its estimated fair value. The current EBIT is €156.9 Mil. Retail Estates' overall GF Score™ is 75/100 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 Retail Estates (STU:R6N), the current EBIT is €156.9 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 Retail Estates (STU:R6N) Overvalued in 2026?

Based on GuruFocus' analysis, Retail Estates stock appears to be overvalued. The current stock price of €69.20 is trading 12.6% above its estimated GF Value™ of €61.47. GuruFocus considers Retail Estates to be Modestly Overvalued.

Key valuation signals for STU:R6N:

  • EBIT: €156.9 Mil
  • GF Value™: €61.47 vs. price of €69.20 (12.6% above fair value)
  • GF Score™: 75/100 with 9 warning signs

No single metric tells the full story. See the STU:R6N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Retail Estates Business Description

Industry Real EstateREITs
Address Industrielaan 6, Ternat, BEL, 1740
Retail Estates SA is a real estate investment trust that invests mainly in retail properties. It is a niche player specialised in making out-of town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users. It has distinguished between two geographical segments: Belgium and the Netherlands. The majority of revenue comes from Belgium.
75GF Score

Get the complete analysis for STU:R6N

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

€69.20
Price
€61.47
GF Value