PSP Swiss Property AG (XSWX:PSPN) EBIT: CHF538.9 Mil (TTM As of Mar. 2026)


XSWX:PSPN PSP Swiss Property AG XSWX:PSPN
67 GF Score
Price CHF145.70
GF Value CHF122.47
Valuation Modestly Overvalued
! 5 Warning Signs
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What is PSP Swiss Property AG EBIT?

PSP Swiss Property AG XSWX:PSPN 67 EBIT is CHF538.9 Mil as of Mar. 2026. GuruFocus rates XSWX:PSPN with a GF Score™ of 67/100 and a GF Value™ of CHF122.47 (Modestly Overvalued). The stock has 5 warning signs investors should review.

PSP Swiss Property AG's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was CHF87.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF538.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PSP Swiss Property AG's annualized ROC % for the quarter that ended in Mar. 2026 was 2.28%. PSP Swiss Property AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 607.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PSP Swiss Property AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.40%.


PSP Swiss Property AG  (XSWX:PSPN) EBIT Explanation

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

PSP Swiss Property AG'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 )
=297.404 * ( 1 - 18.14% )/( (10584.275 + 10777.974)/ 2 )
=243.4549144/10681.1245
=2.28 %

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))
=10177.746 - 48.398 - ( 45.345 - max(0, 650.468 - 195.541+45.345))
=10584.275

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))
=10406.476 - 49.974 - ( 244.446 - max(0, 821.634 - 400.162+244.446))
=10777.974

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

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

PSP Swiss Property AG'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 )
=350.792/( ( (0.719 + max(49.736, 0)) + (0.685 + max(64.293, 0)) )/ 2 )
=350.792/( ( 50.455 + 64.978 )/ 2 )
=350.792/57.7165
=607.78 %

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)
=(8.386 + 132.428 + 9.382) - (48.398 + 0 + 52.062)
=49.736

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.589 + 135.685 + 10.442) - (49.974 + 0 + 41.449)
=64.293

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:

PSP Swiss Property AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=538.861/9974.453
=5.40 %

* 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.


PSP Swiss Property AG EBIT Related Terms


PSP Swiss Property AG EBIT Historical Data

* Premium members only.

The historical data trend for PSP Swiss Property AG'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.

PSP Swiss Property AG EBIT Chart

PSP Swiss Property AG 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 751.29 416.28 137.11 488.03 539.02

PSP Swiss Property AG 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 88.14 173.54 85.50 192.12 87.70

XSWX:PSPN vs CBRE, BEKE: EBIT Comparison

For the Real Estate Services subindustry, PSP Swiss Property AG'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.


PSP Swiss Property AG EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PSP Swiss Property AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PSP Swiss Property AG's EV-to-EBIT falls into.


XSWX:PSPN
67GF Score
PSP Swiss Property AG XSWX:PSPN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PSP Swiss Property AG 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 CHF538.9 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 CHF538.9 Mil mean?
PSP Swiss Property AG (XSWX:PSPN) has a EBIT of CHF538.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PSP Swiss Property AG.
Is PSP Swiss Property AG's EBIT too high?
PSP Swiss Property AG's current EBIT is CHF538.9 Mil. Overall, PSP Swiss Property AG has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PSP Swiss Property AG's EBIT compare to CBRE and BEKE?
PSP Swiss Property AG's EBIT of CHF538.9 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 PSP Swiss Property AG. PSP Swiss Property AG's current EBIT is CHF538.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Swiss Property AG stock overvalued right now?
Based on GuruFocus' analysis, PSP Swiss Property AG (XSWX:PSPN) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF122.47, compared to a current price of CHF145.70 — trading 19% above its estimated fair value. The current EBIT is CHF538.9 Mil. PSP Swiss Property AG's overall GF Score™ is 67/100 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 PSP Swiss Property AG (XSWX:PSPN), the current EBIT is CHF538.9 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 PSP Swiss Property AG (XSWX:PSPN) Overvalued in 2026?

Based on GuruFocus' analysis, PSP Swiss Property AG stock appears to be overvalued. The current stock price of CHF145.70 is trading 19% above its estimated GF Value™ of CHF122.47. GuruFocus considers PSP Swiss Property AG to be Modestly Overvalued.

Key valuation signals for XSWX:PSPN:

  • EBIT: CHF538.9 Mil
  • GF Value™: CHF122.47 vs. price of CHF145.70 (19% above fair value)
  • GF Score™: 67/100 with 5 warning signs

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


PSP Swiss Property AG Business Description

Address Kolinplatz 2, Zug, CHE, CH-6300
PSP Swiss Property AG is a general real estate company, with all its properties active in Switzerland. The company's operating segments are Real estate investments, Property management, and Holding. A majority of its revenue is generated from the Real estate investments segment, which comprises all properties of the Group, such as investment properties, investment properties for sale, own-used properties, development properties, as well as development projects for sale. Income in this segment is generated by the properties mainly in the form of rental income and net changes in fair value. The Property management segment includes all services and activities concerning the management of the company's real estate portfolio, and the Holding segment includes the traditional corporate functions.
67GF Score

Get the complete analysis for XSWX:PSPN

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

CHF145.70
Price
CHF122.47
GF Value