CRE Logistics REIT (TSE:3487) EBIT: 円5,069 Mil (TTM As of Dec. 2025)


TSE:3487 CRE Logistics REIT Inc TSE:3487
67 GF Score
Price 円143,600.00
GF Value 円154,402.52
Valuation Fairly Valued
! 8 Warning Signs
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What is CRE Logistics REIT EBIT?

CRE Logistics REIT TSE:3487 +1.77% 67 EBIT is 円5,069 Mil as of Dec. 2025. GuruFocus rates TSE:3487 with a GF Score™ of 67/100 and a GF Value™ of 円154,402.52 (Fairly Valued). The stock has 8 warning signs investors should review.

CRE Logistics REIT's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was 円2,563 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was 円5,069 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CRE Logistics REIT's annualized ROC % for the quarter that ended in Dec. 2025 was 3.15%. CRE Logistics REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CRE Logistics REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.23%.


CRE Logistics REIT  (TSE:3487) EBIT Explanation

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

CRE Logistics REIT'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 )
=5290.214 * ( 1 - 0.04% )/( (167946.82 + 167946.82)/ 2 )
=5288.0979144/167946.82
=3.15 %

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))
=158113.819 - 580.483 - ( 1480.005 - max(0, 16304.034 - 5890.55+1480.005))
=167946.82

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))
=158113.819 - 580.483 - ( 1480.005 - max(0, 16304.034 - 5890.55+1480.005))
=167946.82

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:

CRE Logistics REIT'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 )
=5126.818/( ( (151988.879 + max(2556.511, 0)) + (151988.879 + max(2556.511, 0)) )/ 2 )
=5126.818/( ( 154545.39 + 154545.39 )/ 2 )
=5126.818/154545.39
=3.32 %

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)
=(203.167 + 0 + 4207.378) - (580.483 + 0 + 1273.551)
=2556.511

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(203.167 + 0 + 4207.378) - (580.483 + 0 + 1273.551)
=2556.511

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=5069.162/156721.655
=3.23 %

* 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.


CRE Logistics REIT EBIT Related Terms


CRE Logistics REIT EBIT Historical Data

* Premium members only.

The historical data trend for CRE Logistics 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.

CRE Logistics REIT EBIT Chart

CRE Logistics REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only 3,631.10 5,727.86 4,580.78 4,757.47 5,069.16

CRE Logistics REIT Semi-Annual Data
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 2,389.09 2,293.02 2,464.45 2,505.75 2,563.41

TSE:3487 vs VICI, WPC: EBIT Comparison

For the REIT - Diversified subindustry, CRE Logistics 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.


CRE Logistics REIT EV-to-EBIT vs REITs Industry

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

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


TSE:3487
67GF Score
CRE Logistics REIT Inc TSE:3487
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CRE Logistics 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円5,069 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 円5,069 Mil mean?
CRE Logistics REIT (TSE:3487) has a EBIT of 円5,069 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CRE Logistics REIT.
Is CRE Logistics REIT's EBIT too high?
CRE Logistics REIT's current EBIT is 円5,069 Mil. Overall, CRE Logistics REIT has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CRE Logistics REIT's EBIT compare to VICI and WPC?
CRE Logistics REIT's EBIT of 円5,069 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 CRE Logistics REIT. CRE Logistics REIT's current EBIT is 円5,069 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRE Logistics REIT stock overvalued right now?
Based on GuruFocus' analysis, CRE Logistics REIT (TSE:3487) is currently considered Fairly Valued. The stock's GF Value™ is 円154,402.52, compared to a current price of 円143,600.00 — trading 7% below its estimated fair value. The current EBIT is 円5,069 Mil. CRE Logistics REIT's overall GF Score™ is 67/100 with 8 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 CRE Logistics REIT (TSE:3487), the current EBIT is 円5,069 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 CRE Logistics REIT (TSE:3487) Overvalued in 2026?

Based on GuruFocus' analysis, CRE Logistics REIT stock appears to be undervalued. The current stock price of 円143,600.00 is trading 7% below its estimated GF Value™ of 円154,402.52. GuruFocus considers CRE Logistics REIT to be Fairly Valued.

Key valuation signals for TSE:3487:

  • EBIT: 円5,069 Mil
  • GF Value™: 円154,402.52 vs. price of 円143,600.00 (7% below fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the TSE:3487 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRE Logistics REIT Business Description

Industry Real EstateREITs
Address 2-10-1, East Tower 19th Floor, Toranomon Twin Building, Toranomon, Minato-ku, Tokyo, JPN, 105-1001
CRE Logistics REIT Inc is a Japanese Real estate investment trust. The company focuses on logistics properties to deliver comprehensive services that span the development of logistics properties to leasing, and property management. It portfolio consist of Logisquare Kuki, Logisquare Tosu, and Logisquare Hanyu.
67GF Score

Get the complete analysis for TSE:3487

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

円143,600.00
Price
円154,402.52
GF Value