Vicinity Centres (FRA:C98) EV-to-EBIT: 12.42 (As of Aug. 11, 2026) — Near Median

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FRA:C98 Vicinity Centres FRA:C98
76 GF Score
Price €1.58
GF Value €1.06
! 9 Warning Signs
View Full Analysis

What is Vicinity Centres EV-to-EBIT?

Vicinity Centres FRA:C98 -0.63% 76 EV-to-EBIT is 12.42 as of Aug. 11, 2026, which is 4% above its 10-year median of 11.90. GuruFocus rates FRA:C98 with a GF Score™ of 76/100 and a GF Value™ of €1.06. The stock has 9 warning signs investors should review. Among 657 REITs companies, Vicinity Centres ranks better than 73.97% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Vicinity Centres's Enterprise Value is €10,626.4 Mil. Vicinity Centres's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €855.8 Mil. Therefore, Vicinity Centres's EV-to-EBIT for today is 12.42.

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

FRA:C98' s EV-to-EBIT Range Over the Past 10 Years
Min: -112.99   Med: 11.9   Max: 31.65
Current: 11.52

During the past 13 years, the highest EV-to-EBIT of Vicinity Centres was 31.65. The lowest was -112.99. And the median was 11.90.

FRA:C98's EV-to-EBIT is ranked better than
73.97% of 657 companies
in the REITs industry
Industry Median: 18.06 vs FRA:C98: 11.52

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Vicinity Centres's Enterprise Value for the quarter that ended in Dec. 2025 was €9,192.5 Mil. Vicinity Centres's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €855.8 Mil. Vicinity Centres's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 9.31%.


Vicinity Centres  (FRA:C98) 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) %.

Vicinity Centres's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=855.759/9192.5405
=9.31 %

Vicinity Centres's Enterprise Value for the quarter that ended in Dec. 2025 was €9,192.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vicinity Centres's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €855.8 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.


Vicinity Centres EV-to-EBIT Related Terms


Vicinity Centres EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Vicinity Centres'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.

Vicinity Centres EV-to-EBIT Chart

Vicinity Centres Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -98.31 9.10 28.67 17.76 13.33

Vicinity Centres Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 17.76 0.00 13.33 0.00

FRA:C98 vs SPG, O, KIM: EV-to-EBIT Comparison

For the REIT - Retail subindustry, Vicinity Centres'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.


Vicinity Centres EV-to-EBIT vs REITs Industry

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

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


FRA:C98
76GF Score
Vicinity Centres FRA:C98
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vicinity Centres EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10626.416/855.759
=12.42

Vicinity Centres's current Enterprise Value is €10,626.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vicinity Centres's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €855.8 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 12.42 mean?
Vicinity Centres (FRA:C98) has a EV-to-EBIT of 12.42 as of Aug. 11, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Vicinity Centres and its competitors. This is near median its historical median of 11.90. According to the industry distribution chart, Vicinity Centres ranks #171 out of 657 companies in the REITs industry, placing it in the top 26%.
Is Vicinity Centres' EV-to-EBIT too high?
Vicinity Centres' current EV-to-EBIT of 12.42 is near median its 10-year median of 11.90. The REITs industry median EV-to-EBIT is 18.06. Vicinity Centres' value of 12.42 is 31.2% below this industry median. Based on the distribution chart, Vicinity Centres ranks #171 out of 657 companies in the REITs industry, which is above the industry midpoint. Overall, Vicinity Centres has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Vicinity Centres' EV-to-EBIT compare to SPG and O?
According to the REITs industry distribution chart, Vicinity Centres ranks #171 out of 657 companies for EV-to-EBIT. This puts Vicinity Centres in the upper half of its industry. The industry median EV-to-EBIT is 18.06. Vicinity Centres' value of 12.42 is 31.2% below this benchmark. While the company's 10-year median is 11.90 vs. the industry median of 18.06, Vicinity Centres 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 18.06, based on 657 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. Vicinity Centres's current EV-to-EBIT of 12.42 is 31.2% 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 Vicinity Centres and its competitors. For the REITs industry, the median EV-to-EBIT is 18.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicinity Centres's current EV-to-EBIT is 12.42, which is near median its own 10-year median of 11.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicinity Centres stock overvalued right now?
Vicinity Centres (FRA:C98) has a current EV-to-EBIT of 12.42. The stock's GF Value™ is €1.06, compared to a current price of €1.58 — trading 49.1% above its estimated fair value. The current EV-to-EBIT is 12.42, which is near median its 10-year median of 11.90 and 31.2% below the REITs industry median of 18.06. Vicinity Centres' overall GF Score™ is 76/100 with 9 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 Vicinity Centres (FRA:C98), the current EV-to-EBIT is 12.42 as of Aug. 11, 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 Vicinity Centres (FRA:C98) Overvalued in 2026?

Based on GuruFocus' analysis, Vicinity Centres stock appears to be overvalued. The current stock price of €1.58 is trading 49.1% above its estimated GF Value™ of €1.06.

Key valuation signals for FRA:C98:

  • EV-to-EBIT: 12.42 (near median its 10-year median of 11.90)
  • GF Value™: €1.06 vs. price of €1.58 (49.1% above fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 31.2% below the REITs median (#171 of 657)

No single metric tells the full story. See the FRA:C98 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vicinity Centres Business Description

Industry Real EstateREITs
Other Exchanges CNRAF:USAVCX:Australia
Address 1341 Dandenong Road, Level 4, Chadstone Tower One, Chadstone, Melbourne, VIC, AUS, 3148
Vicinity Centres operates about 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne's Chadstone, Vicinity's crown jewel, is Australia's largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
76GF Score

Get the complete analysis for FRA:C98

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

€1.58
Price
€1.06
GF Value