IGB Real Estate Investment Trust (XKLS:5227) EBIT: RM784.9 Mil (TTM As of Mar. 2026)


XKLS:5227 IGB Real Estate Investment Trust XKLS:5227
91 GF Score
Price RM2.74
GF Value RM2.62
Valuation Fairly Valued
! 2 Warning Signs
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What is IGB Real Estate Investment Trust EBIT?

IGB Real Estate Investment Trust XKLS:5227 +0.37% 91 EBIT is RM784.9 Mil as of Mar. 2026. GuruFocus rates XKLS:5227 with a GF Score™ of 91/100 and a GF Value™ of RM2.62 (Fairly Valued). The stock has 2 warning signs investors should review.

IGB Real Estate Investment Trust's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was RM185.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was RM784.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IGB Real Estate Investment Trust's annualized ROC % for the quarter that ended in Mar. 2026 was 8.97%. IGB Real Estate Investment Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 34,791.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IGB Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.71%.


IGB Real Estate Investment Trust  (XKLS:5227) EBIT Explanation

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

IGB Real Estate Investment Trust'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 )
=753.396 * ( 1 - 0% )/( (8407.104 + 8386.026)/ 2 )
=753.396/8396.565
=8.97 %

where

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))
=8758.241 - 225.402 - ( 305.389 - max(0, 261.265 - 387+305.389))
=8407.104

Invested Capital(Q: Mar. 2026 )
=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))
=8792.484 - 241.006 - ( 341.746 - max(0, 253.956 - 419.408+341.746))
=8386.026

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

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

IGB Real Estate Investment Trust'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 )
=743.144/( ( (2.073 + max(-189.349, 0)) + (2.199 + max(-163.344, 0)) )/ 2 )
=743.144/( ( 2.073 + 2.199 )/ 2 )
=743.144/2.136
=34,791.39 %

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)
=(27.338 + 0 + 25.809) - (225.402 + 0 + 17.094)
=-189.349

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(77.662 + 0 + 0) - (241.006 + 0 + 0)
=-163.344

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:

IGB Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=784.918/13752.010
=5.71 %

* 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.


IGB Real Estate Investment Trust EBIT Related Terms


IGB Real Estate Investment Trust EBIT Historical Data

* Premium members only.

The historical data trend for IGB Real Estate Investment Trust'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.

IGB Real Estate Investment Trust EBIT Chart

IGB Real Estate Investment Trust 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 253.21 449.50 571.66 633.95 719.03

IGB Real Estate Investment Trust 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 119.90 105.98 109.24 383.92 185.79

XKLS:5227 vs SPG, O, KIM: EBIT Comparison

For the REIT - Retail subindustry, IGB Real Estate Investment Trust'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.


IGB Real Estate Investment Trust EV-to-EBIT vs REITs Industry

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

* The bar in red indicates where IGB Real Estate Investment Trust's EV-to-EBIT falls into.


XKLS:5227
91GF Score
IGB Real Estate Investment Trust XKLS:5227
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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IGB Real Estate Investment Trust 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 RM784.9 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 RM784.9 Mil mean?
IGB Real Estate Investment Trust (XKLS:5227) has a EBIT of RM784.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on IGB Real Estate Investment Trust.
Is IGB Real Estate Investment Trust's EBIT too high?
IGB Real Estate Investment Trust's current EBIT is RM784.9 Mil. Overall, IGB Real Estate Investment Trust has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Real Estate Investment Trust's EBIT compare to SPG and O?
IGB Real Estate Investment Trust's EBIT of RM784.9 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 IGB Real Estate Investment Trust. IGB Real Estate Investment Trust's current EBIT is RM784.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, IGB Real Estate Investment Trust (XKLS:5227) is currently considered Fairly Valued. The stock's GF Value™ is RM2.62, compared to a current price of RM2.74 — trading 4.6% above its estimated fair value. The current EBIT is RM784.9 Mil. IGB Real Estate Investment Trust's overall GF Score™ is 91/100 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 IGB Real Estate Investment Trust (XKLS:5227), the current EBIT is RM784.9 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 IGB Real Estate Investment Trust (XKLS:5227) Overvalued in 2026?

Based on GuruFocus' analysis, IGB Real Estate Investment Trust stock appears to be overvalued. The current stock price of RM2.74 is trading 4.6% above its estimated GF Value™ of RM2.62. GuruFocus considers IGB Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for XKLS:5227:

  • EBIT: RM784.9 Mil
  • GF Value™: RM2.62 vs. price of RM2.74 (4.6% above fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGB Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address Level 32, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, SGR, MYS, 59200
IGB Real Estate Investment Trust is a Malaysian retail property investment company. The company's portfolio includes retail properties and mixed-use developments which have a retail component. Properties are located both domestically and internationally. The company has two retail malls in its portfolio: MVM, which is the Mid Valley Megamall; and TGM, which refers to the Gardens Mall. MVM delivers more than twice as much revenue as TGM. The trust generates the majority of revenue from leasing its properties, in addition to service and promotional charges from tenants.
91GF Score

Get the complete analysis for XKLS:5227

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

RM2.74
Price
RM2.62
GF Value