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NNN REITHAM:CZ2 +0.07%83 EV-to-EBIT is 24.12 as of Jul. 24, 2026, which is 3% below its 10-year median of 24.80. GuruFocus rates HAM:CZ2 with a GF Score™ of 83/100 and a GF Value™ of €39.76 (Fairly Valued). The stock has 9 warning signs investors should review. Among 663 REITs companies, NNN REIT ranks worse than 60.48% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NNN REIT's Enterprise Value is €12,359.3 Mil.
NNN REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €512.4 Mil. Therefore, NNN REIT's EV-to-EBIT for today is 24.12.
The historical rank and industry rank for NNN REIT's EV-to-EBIT or its related term are showing as below:
HAM:CZ2'
s EV-to-EBIT Range Over the Past 10 Years
Min: 19.2 Med: 24.8 Max: 34.34
Current: 23.65
During the past 13 years, the highest EV-to-EBIT of NNN REIT was 34.34. The lowest was 19.20. And the median was 24.80.
HAM:CZ2's EV-to-EBIT is ranked worse than 60.48% of 663
companies
in the REITs industry
Industry Median: 18.24
vs HAM:CZ2: 23.65
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.
NNN REIT's Enterprise Value for the quarter that ended in Mar. 2026 was €11,198.0 Mil.
NNN REIT'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 €512.4 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.
NNN REIT EV-to-EBIT Related Terms
NNN REIT EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for NNN REIT'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.
For the REIT - Retail subindustry, NNN REIT'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.
NNN REIT EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, NNN REIT's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where NNN REIT's EV-to-EBIT falls into.
NNN REIT's current Enterprise Value is €12,359.3 Mil.
NNN REIT'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 €512.4 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.
NNN REIT (HAM:CZ2) has a EV-to-EBIT of 24.12 as of Jul. 24, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on NNN REIT and its competitors. This is near median its historical median of 24.80. Over the past decade, NNN REIT's EV-to-EBIT has ranged from 19.20 to 34.34. According to the industry distribution chart, NNN REIT ranks #401 out of 663 companies in the REITs industry, placing it in the top 60.5%.
Is NNN REIT's EV-to-EBIT too high?
NNN REIT's current EV-to-EBIT of 24.12 is near median its 10-year median of 24.80. Over the past 10 years, this metric has ranged from a low of 19.20 to a high of 34.34. The REITs industry median EV-to-EBIT is 18.24. NNN REIT's value of 24.12 is 32.2% above this industry median. Based on the distribution chart, NNN REIT ranks #401 out of 663 companies in the REITs industry, which is below the industry midpoint. Overall, NNN REIT has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NNN REIT's EV-to-EBIT compare to ADC and BRX?
According to the REITs industry distribution chart, NNN REIT ranks #401 out of 663 companies for EV-to-EBIT. This places NNN REIT in the lower half of its industry. The industry median EV-to-EBIT is 18.24. NNN REIT's value of 24.12 is 32.2% above this benchmark. Historically, NNN REIT's own EV-to-EBIT has ranged from 19.20 to 34.34 over the past decade. While the company's 10-year median is 24.80 vs. the industry median of 18.24, NNN REIT has consistently been above 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 18.24, based on 663 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. NNN REIT's current EV-to-EBIT of 24.12 is 32.2% above 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 NNN REIT and its competitors. For the REITs industry, the median EV-to-EBIT is 18.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NNN REIT's current EV-to-EBIT is 24.12, which is near median its own 10-year median of 24.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NNN REIT stock overvalued right now?
Based on GuruFocus' analysis, NNN REIT (HAM:CZ2) is currently considered Fairly Valued. The stock's GF Value™ is €39.76, compared to a current price of €43.00 — trading 8.1% above its estimated fair value. The current EV-to-EBIT is 24.12, which is near median its 10-year median of 24.80 and 32.2% above the REITs industry median of 18.24. NNN REIT's overall GF Score™ is 83/100 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 NNN REIT (HAM:CZ2), the current EV-to-EBIT is 24.12 as of Jul. 24, 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 NNN REIT (HAM:CZ2) Overvalued in 2026?
Based on GuruFocus' analysis, NNN REIT stock appears to be overvalued.
The current stock price of €43.00 is trading 8.1% above its estimated GF Value™ of €39.76.
GuruFocus considers NNN REIT to be Fairly Valued.
Key valuation signals for HAM:CZ2:
EV-to-EBIT: 24.12 (near median its 10-year median of 24.80)
GF Value™: €39.76 vs. price of €43.00 (8.1% above fair value)
Industry Position: 32.2% above the REITs median (#401 of 663)
No single metric tells the full story. See the HAM:CZ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NNN REIT Inc is a real estate investment trust that acquires, owns, invests in, and develops high-quality properties mainly leased under long-term net leases with minimal capital expenditure requirements. The company focuses mainly on retail properties, with a portfolio including convenience stores, automotive service properties, restaurants, theatres, entertainment venues, dealerships, and other retail-related assets. Primary business objectives emphasize retail properties, and it may invest in a wide variety of property and tenant types, leases, mortgages, loans secured by personal property, loans secured by partnership or membership interests, and securities of other REITs or other issuers.
83GF Score
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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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