AX Real Estate (MAL:AXR) EV-to-EBIT: 6.39 (As of Jul. 16, 2026) — 70% 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.

MAL:AXR AX Real Estate PLC MAL:AXR
29 GF Score
Price €0.49
GF Value €0.82
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is AX Real Estate EV-to-EBIT?

AX Real Estate MAL:AXR 29 EV-to-EBIT is 6.39 as of Jul. 16, 2026, which is 70% below its 10-year median of 21.04. GuruFocus rates MAL:AXR with a GF Score™ of 29/100 and a GF Value™ of €0.82 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,357 Real Estate companies, AX Real Estate ranks better than 80.62% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, AX Real Estate's Enterprise Value is €218.71 Mil. AX Real Estate's EBIT for the trailing twelve months (TTM) ended in Oct. 2025 was €34.20 Mil. Therefore, AX Real Estate's EV-to-EBIT for today is 6.39.

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

MAL:AXR' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.84   Med: 21.04   Max: 23.22
Current: 6.39

During the past 4 years, the highest EV-to-EBIT of AX Real Estate was 23.22. The lowest was 4.84. And the median was 21.04.

MAL:AXR's EV-to-EBIT is ranked better than
80.62% of 1357 companies
in the Real Estate industry
Industry Median: 13.68 vs MAL:AXR: 6.39

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. AX Real Estate's Enterprise Value for the quarter that ended in Oct. 2025 was €167.68 Mil. AX Real Estate's EBIT for the trailing twelve months (TTM) ended in Oct. 2025 was €34.20 Mil. AX Real Estate's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2025 was 20.40%.


AX Real Estate  (MAL:AXR) 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) %.

AX Real Estate's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Oct. 2025 ) =EBIT / Enterprise Value (Q: Oct. 2025 )
=34.203/167.682448
=20.40 %

AX Real Estate's Enterprise Value for the quarter that ended in Oct. 2025 was €167.68 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AX Real Estate's EBIT for the trailing twelve months (TTM) ended in Oct. 2025 was €34.20 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.


AX Real Estate EV-to-EBIT Related Terms


AX Real Estate EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for AX Real Estate'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.

AX Real Estate EV-to-EBIT Chart

AX Real Estate Annual Data
Trend Oct22 Oct23 Oct24 Oct25
EV-to-EBIT
24.39 21.24 11.05 4.90

AX Real Estate Semi-Annual Data
Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
EV-to-EBIT Get a 7-Day Free Trial 21.24 0.00 11.05 0.00 4.90

AX Real Estate EV-to-EBIT Competitor Comparison

For the Real Estate - Diversified subindustry, AX Real Estate'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.


AX Real Estate EV-to-EBIT vs Real Estate Industry

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

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


MAL:AXR
29GF Score
AX Real Estate PLC MAL:AXR
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AX Real Estate EV-to-EBIT Calculation

AX Real Estate's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=218.709/34.203
=6.39

AX Real Estate's current Enterprise Value is €218.71 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AX Real Estate's EBIT for the trailing twelve months (TTM) ended in Oct. 2025 was €34.20 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 6.39 mean?
AX Real Estate (MAL:AXR) has a EV-to-EBIT of 6.39 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on AX Real Estate and its competitors. This is 70% below median its historical median of 21.04. Over the past decade, AX Real Estate's EV-to-EBIT has ranged from 4.84 to 23.22. According to the industry distribution chart, AX Real Estate ranks #263 out of 1357 companies in the Real Estate industry, placing it in the top 19.4%.
Is AX Real Estate's EV-to-EBIT too high?
AX Real Estate's current EV-to-EBIT of 6.39 is 70% below median its 10-year median of 21.04. Over the past 10 years, this metric has ranged from a low of 4.84 to a high of 23.22. The Real Estate industry median EV-to-EBIT is 13.68. AX Real Estate's value of 6.39 is 53.3% below this industry median. Based on the distribution chart, AX Real Estate ranks #263 out of 1357 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, AX Real Estate has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AX Real Estate's EV-to-EBIT compare to competitors?
According to the Real Estate industry distribution chart, AX Real Estate ranks #263 out of 1357 companies for EV-to-EBIT. This places AX Real Estate in the top 19% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 13.68. AX Real Estate's value of 6.39 is 53.3% below this benchmark. Historically, AX Real Estate's own EV-to-EBIT has ranged from 4.84 to 23.22 over the past decade. While the company's 10-year median is 21.04 vs. the industry median of 13.68, AX Real Estate 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 Real Estate company?
The median EV-to-EBIT among Real Estate companies is 13.68, based on 1,357 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. AX Real Estate's current EV-to-EBIT of 6.39 is 53.3% 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 AX Real Estate and its competitors. For the Real Estate industry, the median EV-to-EBIT is 13.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AX Real Estate's current EV-to-EBIT is 6.39, which is 70% below median its own 10-year median of 21.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AX Real Estate stock overvalued right now?
Based on GuruFocus' analysis, AX Real Estate (MAL:AXR) is currently considered Possible Value Trap. The stock's GF Value™ is €0.82, compared to a current price of €0.49 — trading 40.2% below its estimated fair value. The current EV-to-EBIT is 6.39, which is 70% below median its 10-year median of 21.04 and 53.3% below the Real Estate industry median of 13.68. AX Real Estate's overall GF Score™ is 29/100 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 AX Real Estate (MAL:AXR), the current EV-to-EBIT is 6.39 as of Jul. 16, 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 AX Real Estate (MAL:AXR) Overvalued in 2026?

Based on GuruFocus' analysis, AX Real Estate stock appears to be undervalued. The current stock price of €0.49 is trading 40.2% below its estimated GF Value™ of €0.82. GuruFocus considers AX Real Estate to be Possible Value Trap.

Key valuation signals for MAL:AXR:

  • EV-to-EBIT: 6.39 (70% below median its 10-year median of 21.04)
  • GF Value™: €0.82 vs. price of €0.49 (40.2% below fair value)
  • GF Score™: 29/100 with 9 warning signs
  • Industry Position: 53.3% below the Real Estate median (#263 of 1357)

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


AX Real Estate Business Description

Address AX Business Centre, Triq Id-Difiza Civili, Mosta, MLT, MST 1741
AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. It is engaged in four main business sectors namely, Care, Construction, Hospitality, Real Estate, and Development, and is also involved in renewable energy. It generates rental revenues from Hospitality, Care home, Offices, Residential, and Warehousing. It generates the majority of its revenue from the Hospitality segment.
29GF Score

Get the complete analysis for MAL:AXR

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

€0.49
Price
€0.82
GF Value