ELME (Elme Communities) EV-to-EBIT: 6.48 (As of Jul. 31, 2026) — 74% Below Median

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.

ELME Elme Communities ELME
23 GF Score
Price $1.62
! 7 Warning Signs
View Full Analysis

What is Elme Communities EV-to-EBIT?

Elme Communities ELME -0.61% 23 EV-to-EBIT is 6.48 as of Jul. 31, 2026, which is 74% below its 10-year median of 24.51. GuruFocus rates ELME with a GF Score™ of 23/100. The stock has 7 warning signs investors should review. Among 655 REITs companies, Elme Communities ranks better than 90.38% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Elme Communities's Enterprise Value is $-667.9 Mil. Elme Communities's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-103.1 Mil. Therefore, Elme Communities's EV-to-EBIT for today is 6.48.

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

ELME' s EV-to-EBIT Range Over the Past 10 Years
Min: -3198.69   Med: 24.51   Max: 690.92
Current: 6.48

During the past 13 years, the highest EV-to-EBIT of Elme Communities was 690.92. The lowest was -3198.69. And the median was 24.51.

ELME's EV-to-EBIT is ranked better than
90.38% of 655 companies
in the REITs industry
Industry Median: 18.2 vs ELME: 6.48

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Elme Communities's Enterprise Value for the quarter that ended in Mar. 2026 was $137.9 Mil. Elme Communities's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-103.1 Mil. Elme Communities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -74.78%.


Elme Communities  (NYSE:ELME) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=-103.136/137.92257
=-74.78 %

Elme Communities's Enterprise Value for the quarter that ended in Mar. 2026 was $137.9 Mil.
Elme Communities's 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 $-103.1 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.


Elme Communities EV-to-EBIT Related Terms


Elme Communities EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Elme Communities'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.

Elme Communities EV-to-EBIT Chart

Elme Communities 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 -130.71 -354.65 -86.77 82.37 0.00

Elme Communities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 94.33 88.46 -22.62 0.00 -1.28

ELME vs FREVS, MRTI, CLPR: EV-to-EBIT Comparison

For the REIT - Residential subindustry, Elme Communities'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.


Elme Communities EV-to-EBIT vs REITs Industry

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

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


ELME
23GF Score
Elme Communities ELME
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elme Communities EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-667.932/-103.136
=6.48

Elme Communities's current Enterprise Value is $-667.9 Mil.
Elme Communities's 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 $-103.1 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 6.48 mean?
Elme Communities (ELME) has a EV-to-EBIT of 6.48 as of Jul. 31, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Elme Communities and its competitors. This is 74% below median its historical median of 24.51. According to the industry distribution chart, Elme Communities ranks #63 out of 655 companies in the REITs industry, placing it in the top 9.6%.
Is Elme Communities' EV-to-EBIT too high?
Elme Communities' current EV-to-EBIT of 6.48 is 74% below median its 10-year median of 24.51. The REITs industry median EV-to-EBIT is 18.20. Elme Communities' value of 6.48 is 64.4% below this industry median. Based on the distribution chart, Elme Communities ranks #63 out of 655 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Elme Communities has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Elme Communities' EV-to-EBIT compare to FREVS and MRTI?
According to the REITs industry distribution chart, Elme Communities ranks #63 out of 655 companies for EV-to-EBIT. This places Elme Communities in the top 10% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 18.20. Elme Communities' value of 6.48 is 64.4% below this benchmark. While the company's 10-year median is 24.51 vs. the industry median of 18.20, Elme Communities has consistently been below the industry average. 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 18.20, based on 655 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. Elme Communities's current EV-to-EBIT of 6.48 is 64.4% below the industry median. 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 Elme Communities and its competitors. For the REITs industry, the median EV-to-EBIT is 18.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elme Communities's current EV-to-EBIT is 6.48, which is 74% below median its own 10-year median of 24.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elme Communities stock overvalued right now?
Elme Communities (ELME) has a current EV-to-EBIT of 6.48. The current EV-to-EBIT is 6.48, which is 74% below median its 10-year median of 24.51 and 64.4% below the REITs industry median of 18.20. Elme Communities' overall GF Score™ is 23/100 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 Elme Communities (ELME), the current EV-to-EBIT is 6.48 as of Jul. 31, 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.

Elme Communities Business Description

Industry Real EstateREITs
Other Exchanges WRI:Germany
Address 7550 Wisconsin Avenue, Suite 900, Bethesda, MD, USA, 20814
Elme Communities is a real estate investment trust engaged in owning and operating properties in the greater Washington DC metropolitan area. The company's real estate portfolio is comprised of office, retail, and multifamily properties located near transportation nodes. It derives nearly all of its income in the form of rental revenue from tenants organized into long-term leases. The company's office assets contribute the majority of this income, while the rest is split fairly evenly between its retail and multifamily locations. Elme Communities' tenants are banking, consulting, law, and financial services firms. The company operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities.
23GF Score

Get the complete analysis for ELME

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

$1.62
Price