Service Stream (ASX:SSM) EBIT: A$79 Mil (TTM As of Dec. 2025)


ASX:SSM Service Stream Ltd ASX:SSM
79 GF Score
Price A$2.68
GF Value A$1.48
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Service Stream EBIT?

Service Stream ASX:SSM +1.52% 79 EBIT is A$79 Mil as of Dec. 2025. GuruFocus rates ASX:SSM with a GF Score™ of 79/100 and a GF Value™ of A$1.48 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Service Stream's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$79 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Service Stream's annualized ROC % for the quarter that ended in Dec. 2025 was 6.48%. Service Stream's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 41.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Service Stream's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.82%.


Service Stream  (ASX:SSM) EBIT Explanation

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

Service Stream's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=60.786 * ( 1 - 26.69% )/( (696.245 + 678.67)/ 2 )
=44.5622166/687.4575
=6.48 %

where

Invested Capital(Q: Jun. 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))
=1045.946 - 276.148 - ( 73.553 - max(0, 401.512 - 534.941+73.553))
=696.245

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))
=1020.59 - 254.333 - ( 87.587 - max(0, 358.316 - 499.704+87.587))
=678.67

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Service Stream's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=79.046/( ( (98.834 + max(82.62, 0)) + (118 + max(81.466, 0)) )/ 2 )
=79.046/( ( 181.454 + 199.466 )/ 2 )
=79.046/190.46
=41.50 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(148.742 + 16.437 + 294.718) - (276.148 + 26.683 + 74.446)
=82.62

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108.809 + 16.495 + 286.813) - (254.333 + 0 + 76.318)
=81.466

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Service Stream's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=78.856/1634.546
=4.82 %

* 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.


Service Stream EBIT Related Terms


Service Stream EBIT Historical Data

* Premium members only.

The historical data trend for Service Stream'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.

Service Stream EBIT Chart

Service Stream Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.95 -28.44 18.32 57.57 85.26

Service Stream Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 24.12 33.45 45.93 39.33 39.52

ASX:SSM vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Service Stream'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.


Service Stream EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Service Stream's EV-to-EBIT distribution charts can be found below:

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


ASX:SSM
79GF Score
Service Stream Ltd ASX:SSM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Service Stream 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$79 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$79 Mil mean?
Service Stream (ASX:SSM) has a EBIT of A$79 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Service Stream.
Is Service Stream's EBIT too high?
Service Stream's current EBIT is A$79 Mil. Overall, Service Stream has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Service Stream's EBIT compare to PWR and FIX?
Service Stream's EBIT of A$79 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Service Stream. Service Stream's current EBIT is A$79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Service Stream stock overvalued right now?
Based on GuruFocus' analysis, Service Stream (ASX:SSM) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.48, compared to a current price of A$2.68 — trading 81.1% above its estimated fair value. The current EBIT is A$79 Mil. Service Stream's overall GF Score™ is 79/100 with 6 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 Service Stream (ASX:SSM), the current EBIT is A$79 Mil as of Dec. 2025. 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 Service Stream (ASX:SSM) Overvalued in 2026?

Based on GuruFocus' analysis, Service Stream stock appears to be overvalued. The current stock price of A$2.68 is trading 81.1% above its estimated GF Value™ of A$1.48. GuruFocus considers Service Stream to be Significantly Overvalued.

Key valuation signals for ASX:SSM:

  • EBIT: A$79 Mil
  • GF Value™: A$1.48 vs. price of A$2.68 (81.1% above fair value)
  • GF Score™: 79/100 with 6 warning signs

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


Service Stream Business Description

Other Exchanges UFY:Germany
Address 655 Collins Street, Level 5, Docklands, VIC, AUS, 3008
Service Stream Ltd is engaged in the provision of telecommunications and network services. Its segments are Telecommunications, Transport, and Utilities. The Telecommunications segment provides a range of operations, maintenance, installation, design, and construction services to the owners of fixed-line and wireless telecommunication networks in Australia. Transport provides long-term operational support and maintenance services to public and private road and tunnel asset owners. The utilities segment provides operations, maintenance, design, and construction services, specialist metering, new energy, and inspection services to gas, water, and electricity network owners, among others. It generates revenue from the Telecommunications segment.
79GF Score

Get the complete analysis for ASX:SSM

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

A$2.68
Price
A$1.48
GF Value