Icade (CDMGF) EV-to-EBIT: -52.66 (As of Jul. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CDMGF Icade CDMGF
54 GF Score
Price $20.15
GF Value $20.80
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Icade EV-to-EBIT?

Icade CDMGF 54 EV-to-EBIT is -52.66 as of Jul. 29, 2026. GuruFocus rates CDMGF with a GF Score™ of 54/100 and a GF Value™ of $20.80 (Fairly Valued). The stock has 7 warning signs investors should review. Among 658 REITs companies, Icade ranks worse than 151975.53% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Icade's Enterprise Value is $5,368 Mil. Icade's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-102 Mil. Therefore, Icade's EV-to-EBIT for today is -52.66.

The historical rank and industry rank for Icade's EV-to-EBIT or its related term are showing as below:

CDMGF' s EV-to-EBIT Range Over the Past 10 Years
Min: -194.64   Med: 27.09   Max: 259.92
Current: -53.08

During the past 13 years, the highest EV-to-EBIT of Icade was 259.92. The lowest was -194.64. And the median was 27.09.

CDMGF's EV-to-EBIT is ranked worse than
100% of 658 companies
in the REITs industry
Industry Median: 18.275 vs CDMGF: -53.08

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Icade's Enterprise Value for the quarter that ended in Jun. 2026 was $5,463 Mil. Icade's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-102 Mil. Icade's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -1.87%.


Icade  (OTCPK:CDMGF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Icade's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=-101.949/5462.51575
=-1.87 %

Icade's Enterprise Value for the quarter that ended in Jun. 2026 was $5,463 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Icade's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-102 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.


Icade EV-to-EBIT Related Terms


Icade EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Icade's EV-to-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.

Icade EV-to-EBIT Chart

Icade Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.07 -118.05 -4.75 -18.48 -195.41

Icade Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-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 0.00 -18.48 0.00 -195.41 0.00

CDMGF vs VICI, WPC, BNL: EV-to-EBIT Comparison

For the REIT - Diversified subindustry, Icade'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.


Icade EV-to-EBIT vs REITs Industry

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

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


CDMGF
54GF Score
Icade CDMGF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Icade EV-to-EBIT Calculation

Icade's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5368.227/-101.949
=-52.66

Icade's current Enterprise Value is $5,368 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Icade's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-102 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 EV-to-EBIT →
What does a EV-to-EBIT of -52.66 mean?
Icade (CDMGF) has a EV-to-EBIT of -52.66 as of Jul. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Icade and its competitors. According to the industry distribution chart, Icade ranks #999999 out of 658 companies in the REITs industry.
Is Icade's EV-to-EBIT too high?
Icade's current EV-to-EBIT is -52.66. Based on the distribution chart, Icade ranks #999999 out of 658 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Icade has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Icade's EV-to-EBIT compare to VICI and WPC?
According to the REITs industry distribution chart, Icade ranks #999999 out of 658 companies for EV-to-EBIT. This places Icade in the lower half of its industry. The industry median EV-to-EBIT is 18.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.28, based on 658 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Icade and its competitors. For the REITs industry, the median EV-to-EBIT is 18.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icade's current EV-to-EBIT is -52.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icade stock overvalued right now?
Based on GuruFocus' analysis, Icade (CDMGF) is currently considered Fairly Valued. The stock's GF Value™ is $20.80, compared to a current price of $20.15 — trading 3.1% below its estimated fair value. The current EV-to-EBIT is -52.66. Icade's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Icade (CDMGF), the current EV-to-EBIT is -52.66 as of Jul. 29, 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 Icade (CDMGF) Overvalued in 2026?

Based on GuruFocus' analysis, Icade stock appears to be undervalued. The current stock price of $20.15 is trading 3.1% below its estimated GF Value™ of $20.80. GuruFocus considers Icade to be Fairly Valued.

Key valuation signals for CDMGF:

  • EV-to-EBIT: -52.66
  • GF Value™: $20.80 vs. price of $20.15 (3.1% below fair value)
  • GF Score™: 54/100 with 7 warning signs

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


Icade Business Description

Industry Real EstateREITs
Address No. 1, avenue du General-deGaulle, Hyfive Tower, Puteaux, FRA, 92800
Icade is a French real estate investment trust involved in the ownership and management of commercial property around Paris. The company's real estate portfolio consists of offices, business premises (TV and photo studios, data centers, warehouses, etc.), other assets such as hotels, shops, and land reserves. Its flagship projects include EDENN, HYFIVE, and EQHO. The company has two operating segments: the Property Investment business and the Property Development business. The majority of revenue is derived from the Property Investment business, which focuses on holding and developing office properties and business parks for the rental of these assets and active management of this asset portfolio.
54GF Score

Get the complete analysis for CDMGF

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

$20.15
Price
$20.80
GF Value