Dyno Nobel (ASX:DNL) EBIT: A$459 Mil (TTM As of Mar. 2026)


ASX:DNL Dyno Nobel Ltd ASX:DNL
61 GF Score
Price A$3.86
GF Value A$2.23
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Dyno Nobel EBIT?

Dyno Nobel ASX:DNL +0.26% 61 EBIT is A$459 Mil as of Mar. 2026. GuruFocus rates ASX:DNL with a GF Score™ of 61/100 and a GF Value™ of A$2.23 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Dyno Nobel's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was A$235 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was A$459 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dyno Nobel's annualized ROC % for the quarter that ended in Mar. 2026 was 3.83%. Dyno Nobel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dyno Nobel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.60%.


Dyno Nobel  (ASX:DNL) EBIT Explanation

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

Dyno Nobel'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=306.6 * ( 1 - 20.82% )/( (6564.8 + 6109.9)/ 2 )
=242.76588/6337.35
=3.83 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Dyno Nobel'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=470/( ( (2365.6 + max(502, 0)) + (2265.1 + max(197.1, 0)) )/ 2 )
=470/( ( 2867.6 + 2462.2 )/ 2 )
=470/2664.9
=17.64 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(719.6 + 519.1 + 228.3) - (733.7 + 8.7 + 222.6)
=502

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(566.4 + 491.4 + 171.1) - (712.4 + 8.3 + 311.1)
=197.1

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

Dyno Nobel's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=458.5/8184.292
=5.60 %

* 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.


Dyno Nobel EBIT Related Terms


Dyno Nobel EBIT Historical Data

* Premium members only.

The historical data trend for Dyno Nobel'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.

Dyno Nobel EBIT Chart

Dyno Nobel Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 269.30 1,462.30 467.70 -535.20 344.20

Dyno Nobel Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -283.70 -251.50 120.70 223.50 235.00

ASX:DNL vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Dyno Nobel'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.


Dyno Nobel EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dyno Nobel's EV-to-EBIT distribution charts can be found below:

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


ASX:DNL
61GF Score
Dyno Nobel Ltd ASX:DNL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Dyno Nobel 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 semi-annually data reported by the company within the most recent 12 months, which was A$459 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 A$459 Mil mean?
Dyno Nobel (ASX:DNL) has a EBIT of A$459 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Dyno Nobel.
Is Dyno Nobel's EBIT too high?
Dyno Nobel's current EBIT is A$459 Mil. Overall, Dyno Nobel has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dyno Nobel's EBIT compare to LIN and SHW?
Dyno Nobel's EBIT of A$459 Mil can be compared against companies in the Chemicals 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 a Chemicals company?
A good EBIT depends on the Chemicals 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 Dyno Nobel. Dyno Nobel's current EBIT is A$459 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dyno Nobel stock overvalued right now?
Based on GuruFocus' analysis, Dyno Nobel (ASX:DNL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$2.23, compared to a current price of A$3.86 — trading 73.1% above its estimated fair value. The current EBIT is A$459 Mil. Dyno Nobel's overall GF Score™ is 61/100 with 8 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 Dyno Nobel (ASX:DNL), the current EBIT is A$459 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 Dyno Nobel (ASX:DNL) Overvalued in 2026?

Based on GuruFocus' analysis, Dyno Nobel stock appears to be overvalued. The current stock price of A$3.86 is trading 73.1% above its estimated GF Value™ of A$2.23. GuruFocus considers Dyno Nobel to be Significantly Overvalued.

Key valuation signals for ASX:DNL:

  • EBIT: A$459 Mil
  • GF Value™: A$2.23 vs. price of A$3.86 (73.1% above fair value)
  • GF Score™: 61/100 with 8 warning signs

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


Dyno Nobel Business Description

Other Exchanges DNLZY:USAI5P0:Germany
Address 28 Freshwater Place, Level 8, Southbank, Melbourne, VIC, AUS, 3006
Dyno Nobel is a leading global explosives company with operations in Australia, Asia, and the Americas. We estimate its share of the global commercial explosives market at about 15%. Explosives traditionally contributed around 80% of EBIT, but with the sale of the fertilizers business, this moves to 100%.
61GF Score

Get the complete analysis for ASX:DNL

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

A$3.86
Price
A$2.23
GF Value