ASCOF (Ascopiave SpA) EBIT: $132.3 Mil (TTM As of Mar. 2026)


ASCOF Ascopiave SpA ASCOF
84 GF Score
Price $3.33
GF Value $4.02
! 3 Warning Signs
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What is Ascopiave SpA EBIT?

Ascopiave SpA ASCOF 84 EBIT is $132.3 Mil as of Mar. 2026. GuruFocus rates ASCOF with a GF Score™ of 84/100 and a GF Value™ of $4.02. The stock has 3 warning signs investors should review.

Ascopiave SpA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $17.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $132.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ascopiave SpA's annualized ROC % for the quarter that ended in Mar. 2026 was 2.43%. Ascopiave SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ascopiave SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.37%.


Ascopiave SpA  (OTCPK:ASCOF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Ascopiave SpA's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=77.724 * ( 1 - 35.77% )/( (1987.628 + 2122.8)/ 2 )
=49.9221252/2055.214
=2.43 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2145.548 - 234.65 - ( 41.635 - max(0, 329.782 - 253.052+41.635))
=1987.628

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2191.015 - 168.283 - ( 95.785 - max(0, 386.055 - 285.987+95.785))
=2122.8

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Ascopiave SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=70.16/( ( (215.744 + max(-156.618, 0)) + (212.238 + max(-138.47, 0)) )/ 2 )
=70.16/( ( 215.744 + 212.238 )/ 2 )
=70.16/213.991
=32.79 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(69.436 + 11.671 + 5.011) - (234.65 + 0 + 8.086)
=-156.618

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(79.089 + 19.682 + 4.967) - (168.283 + 0 + 73.925)
=-138.47

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Ascopiave SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=132.305/1412.367
=9.37 %

* 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.


Ascopiave SpA EBIT Related Terms


Ascopiave SpA EBIT Historical Data

* Premium members only.

The historical data trend for Ascopiave SpA's 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.

Ascopiave SpA EBIT Chart

Ascopiave SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.22 45.66 57.51 64.94 135.21

Ascopiave SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 17.92 71.55 22.04 21.18 17.54

ASCOF vs ATO, NI, UGI: EBIT Comparison

For the Utilities - Regulated Gas subindustry, Ascopiave SpA'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.


Ascopiave SpA EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ascopiave SpA's EV-to-EBIT distribution charts can be found below:

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


ASCOF
84GF Score
Ascopiave SpA ASCOF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ascopiave SpA EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

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 $132.3 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 EBIT →
What does a EBIT of $132.3 Mil mean?
Ascopiave SpA (ASCOF) has a EBIT of $132.3 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ascopiave SpA.
Is Ascopiave SpA's EBIT too high?
Ascopiave SpA's current EBIT is $132.3 Mil. Overall, Ascopiave SpA has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Ascopiave SpA's EBIT compare to ATO and NI?
Ascopiave SpA's EBIT of $132.3 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated industry context. However, 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ascopiave SpA. Ascopiave SpA's current EBIT is $132.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascopiave SpA stock overvalued right now?
Ascopiave SpA (ASCOF) has a current EBIT of $132.3 Mil. The stock's GF Value™ is $4.02, compared to a current price of $3.33 — trading 17.2% below its estimated fair value. The current EBIT is $132.3 Mil. Ascopiave SpA's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Ascopiave SpA (ASCOF), the current EBIT is $132.3 Mil as of Mar. 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 Ascopiave SpA (ASCOF) Overvalued in 2026?

Based on GuruFocus' analysis, Ascopiave SpA stock appears to be undervalued. The current stock price of $3.33 is trading 17.2% below its estimated GF Value™ of $4.02.

Key valuation signals for ASCOF:

  • EBIT: $132.3 Mil
  • GF Value™: $4.02 vs. price of $3.33 (17.2% below fair value)
  • GF Score™: 84/100 with 3 warning signs

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


Ascopiave SpA Business Description

Other Exchanges ASC:Italy0DME:UKAVA:Germany
Address Via Verizzo, 1030, Pieve di Soligo, Treviso, ITA, 31053
Ascopiave SpA is an Italy-based company engaged in the utility sector. It operates mainly in the field of natural gas distribution through its natural gas and LPG distribution networks across several towns. The Group is also present in the renewable energy sector, owning hydroelectric and wind power plants. Additionally, it is present in the field of cogeneration and heat management, as well as in the water sector, through its strategic investments. Ascopiave's operating business segments are: Gas Distribution, Renewables energies, and Other. Maximum revenue is generated from its Gas Distribution business. Geographically, the Group operates only in Italy.
84GF Score

Get the complete analysis for ASCOF

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

$3.33
Price
$4.02
GF Value