SWPFF (Swire Properties) EBIT: $112 Mil (TTM As of Dec. 2025)


SWPFF Swire Properties Ltd SWPFF
64 GF Score
Price $2.60
GF Value $2.47
Valuation Fairly Valued
! 5 Warning Signs
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What is Swire Properties EBIT?

Swire Properties SWPFF -2.99% 64 EBIT is $112 Mil as of Dec. 2025. GuruFocus rates SWPFF with a GF Score™ of 64/100 and a GF Value™ of $2.47 (Fairly Valued). The stock has 5 warning signs investors should review.

Swire Properties's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $118 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $112 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Swire Properties's annualized ROC % for the quarter that ended in Dec. 2025 was 0.00%. Swire Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 26.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Swire Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.57%.


Swire Properties  (OTCPK:SWPFF) EBIT Explanation

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

Swire Properties'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 )
=956.972 * ( 1 - 100% )/( (43371.429 + 44165.125)/ 2 )
=0/43768.277
=0.00 %

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))
=45584.053 - 1559.132 - ( 1688.709 - max(0, 3389.012 - 4042.504+1688.709))
=43371.429

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))
=45436.459 - 764.703 - ( 1308.734 - max(0, 3323.566 - 3830.197+1308.734))
=44165.125

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:

Swire Properties'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 )
=236.48/( ( (779.375 + max(224.625, 0)) + (778.84 + max(-53.850999999999, 0)) )/ 2 )
=236.48/( ( 1004 + 778.84 )/ 2 )
=236.48/891.42
=26.53 %

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)
=(40.007 + 1849.629 + 63.068) - (1559.132 + 0 + 168.947)
=224.625

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(53.465 + 1996.967 + 6.1690000000003) - (764.703 + 0 + 1345.749)
=-53.850999999999

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=112.252/19847.537
=0.57 %

* 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.


Swire Properties EBIT Related Terms


Swire Properties EBIT Historical Data

* Premium members only.

The historical data trend for Swire Properties'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.

Swire Properties EBIT Chart

Swire Properties 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 1,236.06 1,347.14 636.12 331.13 112.20

Swire Properties 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 195.65 458.64 -129.67 -5.99 118.24

SWPFF vs CBRE, BEKE, CSGP: EBIT Comparison

For the Real Estate Services subindustry, Swire Properties'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.


Swire Properties EV-to-EBIT vs Real Estate Industry

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

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


SWPFF
64GF Score
Swire Properties Ltd SWPFF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Swire Properties 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 $112 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 $112 Mil mean?
Swire Properties (SWPFF) has a EBIT of $112 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Swire Properties.
Is Swire Properties' EBIT too high?
Swire Properties' current EBIT is $112 Mil. Overall, Swire Properties has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Swire Properties' EBIT compare to CBRE and BEKE?
Swire Properties' EBIT of $112 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 Swire Properties. Swire Properties's current EBIT is $112 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swire Properties stock overvalued right now?
Based on GuruFocus' analysis, Swire Properties (SWPFF) is currently considered Fairly Valued. The stock's GF Value™ is $2.47, compared to a current price of $2.60 — trading 5.3% above its estimated fair value. The current EBIT is $112 Mil. Swire Properties' overall GF Score™ is 64/100 with 5 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 Swire Properties (SWPFF), the current EBIT is $112 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 Swire Properties (SWPFF) Overvalued in 2026?

Based on GuruFocus' analysis, Swire Properties stock appears to be overvalued. The current stock price of $2.60 is trading 5.3% above its estimated GF Value™ of $2.47. GuruFocus considers Swire Properties to be Fairly Valued.

Key valuation signals for SWPFF:

  • EBIT: $112 Mil
  • GF Value™: $2.47 vs. price of $2.60 (5.3% above fair value)
  • GF Score™: 64/100 with 5 warning signs

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


Swire Properties Business Description

Other Exchanges 01972:Hong KongSW9:Germany
Address 88 Queensway, 31st Floor, One Pacific Place, Hong Kong, HKG
Swire Properties is a Hong Kong-based property investor and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of grade A office contributing over 9 million square feet. The firm also holds investment properties and development projects in China, the United States, and Southeast Asia. Rental income accounts for more than 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 83% stake.
64GF Score

Get the complete analysis for SWPFF

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

$2.60
Price
$2.47
GF Value