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Goodman New Zealand and Goodman Property Services (FRA:NJK) 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.
Goodman New Zealand and Goodman Property Services's Enterprise Value for the quarter that ended in Sep. 2025 was €0.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Goodman New Zealand and Goodman Property Services's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 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.
Goodman New Zealand and Goodman Property Services EV-to-EBIT Related Terms
Goodman New Zealand and Goodman Property Services EV-to-EBIT Historical Data
* 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.
Goodman New Zealand and Goodman Property Services EV-to-EBIT Chart
Goodman New Zealand and Goodman Property Services Annual Data
* 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.
Goodman New Zealand and Goodman Property Services EV-to-EBIT vs REITs Industry
Goodman New Zealand and Goodman Property Services's current Enterprise Value is €1,736.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Goodman New Zealand and Goodman Property Services's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 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.
Goodman New Zealand and Goodman Property Services (FRA:NJK) has a EV-to-EBIT of 16.84 as of Aug. 28, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Goodman New Zealand and Goodman Property Services and its competitors. This is 79% above median its historical median of 9.39. According to the industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #307 out of 651 companies in the REITs industry, placing it in the top 47.2%.
Is Goodman New Zealand and Goodman Property Services' EV-to-EBIT too high?
Goodman New Zealand and Goodman Property Services' current EV-to-EBIT of 16.84 is 79% above median its 10-year median of 9.39. The REITs industry median EV-to-EBIT is 18.18. Goodman New Zealand and Goodman Property Services' value of 16.84 is 7.4% below this industry median. Based on the distribution chart, Goodman New Zealand and Goodman Property Services ranks #307 out of 651 companies in the REITs industry, which is above the industry midpoint. Overall, Goodman New Zealand and Goodman Property Services has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Goodman New Zealand and Goodman Property Services' EV-to-EBIT compare to PLD and PSA?
According to the REITs industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #307 out of 651 companies for EV-to-EBIT. This puts Goodman New Zealand and Goodman Property Services in the upper half of its industry. The industry median EV-to-EBIT is 18.18. Goodman New Zealand and Goodman Property Services' value of 16.84 is 7.4% below this benchmark. While the company's 10-year median is 9.39 vs. the industry median of 18.18, Goodman New Zealand and Goodman Property Services 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 18.18, based on 651 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. Goodman New Zealand and Goodman Property Services's current EV-to-EBIT of 16.84 is 7.4% 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 Goodman New Zealand and Goodman Property Services and its competitors. For the REITs industry, the median EV-to-EBIT is 18.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodman New Zealand and Goodman Property Services's current EV-to-EBIT is 16.84, which is 79% above median its own 10-year median of 9.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman New Zealand and Goodman Property Services stock overvalued right now?
Goodman New Zealand and Goodman Property Services (FRA:NJK) has a current EV-to-EBIT of 16.84. The stock's GF Value™ is €0.74, compared to a current price of €0.98 — trading 31.8% above its estimated fair value. The current EV-to-EBIT is 16.84, which is 79% above median its 10-year median of 9.39 and 7.4% below the REITs industry median of 18.18. Goodman New Zealand and Goodman Property Services' overall GF Score™ is 79/100 with 5 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 Goodman New Zealand and Goodman Property Services (FRA:NJK), the current EV-to-EBIT is 16.84 as of Aug. 28, 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 Goodman New Zealand and Goodman Property Services (FRA:NJK) Overvalued in 2026?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services stock appears to be overvalued.
The current stock price of €0.98 is trading 31.8% above its estimated GF Value™ of €0.74.
Key valuation signals for FRA:NJK:
EV-to-EBIT: 16.84 (79% above median its 10-year median of 9.39)
GF Value™: €0.74 vs. price of €0.98 (31.8% above fair value)
Industry Position: 7.4% below the REITs median (#307 of 651)
No single metric tells the full story. See the FRA:NJK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodman New Zealand Ltd and Goodman Property Services Ltd, formerly known as Goodman Property Trust, is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.
79GF Score
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