MNULF (Manulife US REIT) EV-to-EBIT: -12.59 (As of Aug. 03, 2026)

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MNULF Manulife US REIT MNULF
29 GF Score
Price $0.13
GF Value $0.13
! 7 Warning Signs
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What is Manulife US REIT EV-to-EBIT?

Manulife US REIT MNULF 29 EV-to-EBIT is -12.59 as of Aug. 03, 2026. GuruFocus rates MNULF with a GF Score™ of 29/100 and a GF Value™ of $0.13. The stock has 7 warning signs investors should review. Among 656 REITs companies, Manulife US REIT ranks worse than 152438.87% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Manulife US REIT's Enterprise Value is $605.8 Mil. Manulife US REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-48.1 Mil. Therefore, Manulife US REIT's EV-to-EBIT for today is -12.59.

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

MNULF' s EV-to-EBIT Range Over the Past 10 Years
Min: -53.37   Med: 10.36   Max: 29.28
Current: -12.55

During the past 13 years, the highest EV-to-EBIT of Manulife US REIT was 29.28. The lowest was -53.37. And the median was 10.36.

MNULF's EV-to-EBIT is ranked worse than
100% of 656 companies
in the REITs industry
Industry Median: 18.18 vs MNULF: -12.55

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Manulife US REIT's Enterprise Value for the quarter that ended in Dec. 2025 was $743.3 Mil. Manulife US REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-48.1 Mil. Manulife US REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -6.48%.


Manulife US REIT  (OTCPK:MNULF) 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) %.

Manulife US REIT'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 )
=-48.128/743.275381
=-6.48 %

Manulife US REIT's Enterprise Value for the quarter that ended in Dec. 2025 was $743.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Manulife US REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-48.1 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.


Manulife US REIT EV-to-EBIT Related Terms


Manulife US REIT EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Manulife US 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.

Manulife US REIT EV-to-EBIT Chart

Manulife US REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.66 -12.48 -2.64 -6.06 -11.71

Manulife US REIT Semi-Annual Data
Dec15 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 -2.64 0.00 -6.06 0.00 -11.71

MNULF vs BXP, ARE, VNO: EV-to-EBIT Comparison

For the REIT - Office subindustry, Manulife US 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.


Manulife US REIT EV-to-EBIT vs REITs Industry

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

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


MNULF
29GF Score
Manulife US REIT MNULF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Manulife US REIT EV-to-EBIT Calculation

Manulife US REIT's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=605.769/-48.128
=-12.59

Manulife US REIT's current Enterprise Value is $605.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Manulife US REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-48.1 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -12.59 mean?
Manulife US REIT (MNULF) has a EV-to-EBIT of -12.59 as of Aug. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Manulife US REIT and its competitors. According to the industry distribution chart, Manulife US REIT ranks #999999 out of 656 companies in the REITs industry.
Is Manulife US REIT's EV-to-EBIT too high?
Manulife US REIT's current EV-to-EBIT is -12.59. Based on the distribution chart, Manulife US REIT ranks #999999 out of 656 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Manulife US REIT has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Manulife US REIT's EV-to-EBIT compare to BXP and ARE?
According to the REITs industry distribution chart, Manulife US REIT ranks #999999 out of 656 companies for EV-to-EBIT. This places Manulife US REIT in the lower half of its industry. The industry median EV-to-EBIT is 18.18. 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 656 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. 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 Manulife US REIT 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. Manulife US REIT's current EV-to-EBIT is -12.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife US REIT stock overvalued right now?
Manulife US REIT (MNULF) has a current EV-to-EBIT of -12.59. The stock's GF Value™ is $0.13, compared to a current price of $0.13 — trading 2% below its estimated fair value. The current EV-to-EBIT is -12.59. Manulife US REIT's overall GF Score™ is 29/100 with 7 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 Manulife US REIT (MNULF), the current EV-to-EBIT is -12.59 as of Aug. 03, 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 Manulife US REIT (MNULF) Overvalued in 2026?

Based on GuruFocus' analysis, Manulife US REIT stock appears to be undervalued. The current stock price of $0.13 is trading 2% below its estimated GF Value™ of $0.13.

Key valuation signals for MNULF:

  • EV-to-EBIT: -12.59
  • GF Value™: $0.13 vs. price of $0.13 (2% below fair value)
  • GF Score™: 29/100 with 7 warning signs

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


Manulife US REIT Business Description

Industry Real EstateREITs
Other Exchanges BTOU:Singapore
Address 8 Cross Street, No.16-03 Manulife Tower, Singapore, SGP, 048424
Manulife US REIT is a pure-play U.S. office REIT in Asia. The company along with its subsidiaries invests, directly or indirectly, in a portfolio of income-producing office real estate in markets in the U.S., as well as real estate-related assets. The Group's investment properties comprise commercial office properties. Some of its properties include Figueroa and Michelson in California along with Plaza and Exchange in New Jersey. Geographically, the majority is derived from the United States.
29GF Score

Get the complete analysis for MNULF

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

$0.13
Price
$0.13
GF Value