VBL (MAL:VBL) EV-to-EBIT: 26.40 (As of Aug. 12, 2026) — 46% Above 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:VBL VBL PLC MAL:VBL
64 GF Score
Price €0.23
GF Value €0.15
! 9 Warning Signs
View Full Analysis

What is VBL EV-to-EBIT?

VBL MAL:VBL 64 EV-to-EBIT is 26.40 as of Aug. 12, 2026, which is 46% above its 10-year median of 18.08. GuruFocus rates MAL:VBL with a GF Score™ of 64/100 and a GF Value™ of €0.15. The stock has 9 warning signs investors should review. Among 1,356 Real Estate companies, VBL ranks worse than 76.4% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, VBL's Enterprise Value is €70.71 Mil. VBL's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €2.68 Mil. Therefore, VBL's EV-to-EBIT for today is 26.40.

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

MAL:VBL' s EV-to-EBIT Range Over the Past 10 Years
Min: -256.65   Med: 18.08   Max: 28.82
Current: 26.4

During the past 6 years, the highest EV-to-EBIT of VBL was 28.82. The lowest was -256.65. And the median was 18.08.

MAL:VBL's EV-to-EBIT is ranked worse than
76.4% of 1356 companies
in the Real Estate industry
Industry Median: 13.39 vs MAL:VBL: 26.40

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. VBL's Enterprise Value for the quarter that ended in Dec. 2025 was €60.24 Mil. VBL's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €2.68 Mil. VBL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.45%.


VBL  (MAL:VBL) 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) %.

VBL'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 )
=2.678/60.244294
=4.45 %

VBL's Enterprise Value for the quarter that ended in Dec. 2025 was €60.24 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. VBL's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €2.68 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.


VBL EV-to-EBIT Related Terms


VBL EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for VBL'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.

VBL EV-to-EBIT Chart

VBL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial 12.11 10.66 28.93 18.91 22.50

VBL Semi-Annual Data
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 28.93 0.00 18.91 0.00 22.50

VBL EV-to-EBIT Competitor Comparison

For the Real Estate - Diversified subindustry, VBL'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.


VBL EV-to-EBIT vs Real Estate Industry

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

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


MAL:VBL
64GF Score
VBL PLC MAL:VBL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VBL EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=70.711/2.678
=26.40

VBL's current Enterprise Value is €70.71 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. VBL's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €2.68 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 26.40 mean?
VBL (MAL:VBL) has a EV-to-EBIT of 26.40 as of Aug. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on VBL and its competitors. This is 46% above median its historical median of 18.08. According to the industry distribution chart, VBL ranks #1036 out of 1356 companies in the Real Estate industry, placing it in the top 76.4%.
Is VBL's EV-to-EBIT too high?
VBL's current EV-to-EBIT of 26.40 is 46% above median its 10-year median of 18.08. The Real Estate industry median EV-to-EBIT is 13.39. VBL's value of 26.40 is 97.2% above this industry median. Based on the distribution chart, VBL ranks #1036 out of 1356 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, VBL has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does VBL's EV-to-EBIT compare to competitors?
According to the Real Estate industry distribution chart, VBL ranks #1036 out of 1356 companies for EV-to-EBIT. This places VBL in the lower half of its industry. The industry median EV-to-EBIT is 13.39. VBL's value of 26.40 is 97.2% above this benchmark. While the company's 10-year median is 18.08 vs. the industry median of 13.39, VBL 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 Real Estate company?
The median EV-to-EBIT among Real Estate companies is 13.39, based on 1,356 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. VBL's current EV-to-EBIT of 26.40 is 97.2% 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 VBL and its competitors. For the Real Estate industry, the median EV-to-EBIT is 13.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VBL's current EV-to-EBIT is 26.40, which is 46% above median its own 10-year median of 18.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VBL stock overvalued right now?
VBL (MAL:VBL) has a current EV-to-EBIT of 26.40. The stock's GF Value™ is €0.15, compared to a current price of €0.23 — trading 52% above its estimated fair value. The current EV-to-EBIT is 26.40, which is 46% above median its 10-year median of 18.08 and 97.2% above the Real Estate industry median of 13.39. VBL's overall GF Score™ is 64/100 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 VBL (MAL:VBL), the current EV-to-EBIT is 26.40 as of Aug. 12, 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 VBL (MAL:VBL) Overvalued in 2026?

Based on GuruFocus' analysis, VBL stock appears to be overvalued. The current stock price of €0.23 is trading 52% above its estimated GF Value™ of €0.15.

Key valuation signals for MAL:VBL:

  • EV-to-EBIT: 26.40 (46% above median its 10-year median of 18.08)
  • GF Value™: €0.15 vs. price of €0.23 (52% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 97.2% above the Real Estate median (#1036 of 1356)

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


VBL Business Description

Address 54, Marsamxett Road, Valletta, MLT, VLT 1853
VBL PLC is a private owner of real estate in Valletta with a diversified portfolio of residential, hospitality, commercial, and office space. It is involved in property ownership and the full process of real estate acquisitions, integrated real estate development, property management, operations, utilisation (rental), and disposal of properties. Some of its projects include Palazzo Stella Valletta, Casa San Domenico, Orangery Phase 1, Silver Horse Phase 1 - The Gut, Dormitory, Palazzo Zoe, and Old Lodge. Its services include Hospitality Management, Property Management and Operations, and Development. The firm generates the majority of its revenue from Rental Income.
64GF Score

Get the complete analysis for MAL:VBL

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

€0.23
Price
€0.15
GF Value