FairPlay Properties REIT (XBUL:FPP) EBIT: €9.97 Mil (TTM As of Mar. 2026)


XBUL:FPP FairPlay Properties REIT XBUL:FPP
72 GF Score
Price €0.52
GF Value €4.41
Valuation Possible Value Trap
! 2 Warning Signs
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What is FairPlay Properties REIT EBIT?

FairPlay Properties REIT XBUL:FPP 72 EBIT is €9.97 Mil as of Mar. 2026. GuruFocus rates XBUL:FPP with a GF Score™ of 72/100 and a GF Value™ of €4.41 (Possible Value Trap). The stock has 2 warning signs investors should review.

FairPlay Properties REIT's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €0.72 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €9.97 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FairPlay Properties REIT's annualized ROC % for the quarter that ended in Mar. 2026 was 6.26%. FairPlay Properties REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FairPlay Properties REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.32%.


FairPlay Properties REIT  (XBUL:FPP) EBIT Explanation

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

FairPlay Properties 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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=5.312 * ( 1 - 0% )/( (84.772 + 84.83)/ 2 )
=5.312/84.801
=6.26 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

FairPlay Properties 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.884/( ( (8.693 + max(30.066, 0)) + (8.758 + max(24.078, 0)) )/ 2 )
=2.884/( ( 38.759 + 32.836 )/ 2 )
=2.884/35.7975
=8.06 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.717 + 39.665 + 1.646) - (1.122 + 0 + 10.84)
=30.066

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.749 + 41.201 + 0.592) - (1.915 + 0 + 16.549)
=24.078

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=9.965/40.973
=24.32 %

* 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.


FairPlay Properties REIT EBIT Related Terms


FairPlay Properties REIT EBIT Historical Data

* Premium members only.

The historical data trend for FairPlay Properties 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.

FairPlay Properties REIT EBIT Chart

FairPlay Properties REIT 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 -0.10 3.21 1.89 5.28 10.10

FairPlay Properties REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.86 5.19 0.55 3.51 0.72

XBUL:FPP vs VICI, WPC: EBIT Comparison

For the REIT - Diversified subindustry, FairPlay Properties 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.


FairPlay Properties REIT EV-to-EBIT vs REITs Industry

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

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


XBUL:FPP
72GF Score
FairPlay Properties REIT XBUL:FPP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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FairPlay Properties 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 quarterly data reported by the company within the most recent 12 months, which was €9.97 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 €9.97 Mil mean?
FairPlay Properties REIT (XBUL:FPP) has a EBIT of €9.97 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on FairPlay Properties REIT.
Is FairPlay Properties REIT's EBIT too high?
FairPlay Properties REIT's current EBIT is €9.97 Mil. Overall, FairPlay Properties REIT has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FairPlay Properties REIT's EBIT compare to VICI and WPC?
FairPlay Properties REIT's EBIT of €9.97 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 FairPlay Properties REIT. FairPlay Properties REIT's current EBIT is €9.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FairPlay Properties REIT stock overvalued right now?
Based on GuruFocus' analysis, FairPlay Properties REIT (XBUL:FPP) is currently considered Possible Value Trap. The stock's GF Value™ is €4.41, compared to a current price of €0.52 — trading 88.2% below its estimated fair value. The current EBIT is €9.97 Mil. FairPlay Properties REIT's overall GF Score™ is 72/100 with 2 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 FairPlay Properties REIT (XBUL:FPP), the current EBIT is €9.97 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 FairPlay Properties REIT (XBUL:FPP) Overvalued in 2026?

Based on GuruFocus' analysis, FairPlay Properties REIT stock appears to be undervalued. The current stock price of €0.52 is trading 88.2% below its estimated GF Value™ of €4.41. GuruFocus considers FairPlay Properties REIT to be Possible Value Trap.

Key valuation signals for XBUL:FPP:

  • EBIT: €9.97 Mil
  • GF Value™: €4.41 vs. price of €0.52 (88.2% below fair value)
  • GF Score™: 72/100 with 2 warning signs

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


FairPlay Properties REIT Business Description

Industry Real EstateREITs
Address 51B Cherni Vruh Boulevard, Sofia, BGR, 1407
FairPlay Properties REIT is a real estate investment trust. The company's portfolio consists of apartment complexes, hotels, commercial buildings, residential buildings, and offices among others. Some of its projects are Fodder Kitchen, Fodder Plant, Moderato Restaurant, Greenville Hotel and Apartment Houses, and others.
72GF Score

Get the complete analysis for XBUL:FPP

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

€0.52
Price
€4.41
GF Value