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Canadian Net REIT (TSXV:NET.UN) EV-to-EBIT

: 10.52 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Canadian Net REIT's Enterprise Value is C$272.01 Mil. Canadian Net REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$25.87 Mil. Therefore, Canadian Net REIT's EV-to-EBIT for today is 10.52.

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

TSXV:NET.UN' s EV-to-EBIT Range Over the Past 10 Years
Min: -322.5   Med: 16.34   Max: 3744.83
Current: 10.52

During the past 13 years, the highest EV-to-EBIT of Canadian Net REIT was 3744.83. The lowest was -322.50. And the median was 16.34.

TSXV:NET.UN's EV-to-EBIT is ranked better than
75.74% of 577 companies
in the REITs industry
Industry Median: 19.83 vs TSXV:NET.UN: 10.52

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Canadian Net REIT's Enterprise Value for the quarter that ended in Dec. 2023 was C$271.44 Mil. Canadian Net REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$25.87 Mil. Canadian Net REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.53%.


Canadian Net REIT EV-to-EBIT Historical Data

The historical data trend for Canadian Net 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.

* Premium members only.

Canadian Net REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.33 17.62 10.23 3,553.24 10.49

Canadian Net REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 3,553.24 72.88 33.10 22.27 10.49

Competitive Comparison

For the REIT - Diversified subindustry, Canadian Net 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.


Canadian Net REIT EV-to-EBIT Distribution

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

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



Canadian Net REIT EV-to-EBIT Calculation

Canadian Net REIT's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=272.014/25.869
=10.52

Canadian Net REIT's current Enterprise Value is C$272.01 Mil.
Canadian Net REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$25.87 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.


Canadian Net REIT  (TSXV:NET.UN) 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) %.

Canadian Net REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=25.869/271.444225
=9.53 %

Canadian Net REIT's Enterprise Value for the quarter that ended in Dec. 2023 was C$271.44 Mil.
Canadian Net REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$25.87 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.


Canadian Net REIT EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Canadian Net REIT's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Net REIT (TSXV:NET.UN) Business Description

Traded in Other Exchanges
Address
106 Gun Avenue, A/S Jason Parravano, Pointe Claire, QC, CAN, H9R 3X3
Canadian Net REIT is an open-ended trust that acquires and owns high-quality triple net and management-free commercial real estate properties. The Trust operates in one segment, commercial real estate located in Canada.

Canadian Net REIT (TSXV:NET.UN) Headlines

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