Ageas/ NV (CHIX:AGSB) EBIT: €2,460 Mil (TTM As of Dec. 2025)


CHIX:AGSB Ageas SA/ NV CHIX:AGSB
69 GF Score
Price €68.18
GF Value €56.19
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Ageas/ NV EBIT?

Ageas/ NV CHIX:AGSB 69 EBIT is €2,460 Mil as of Dec. 2025. GuruFocus rates CHIX:AGSB with a GF Score™ of 69/100 and a GF Value™ of €56.19 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Ageas/ NV's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €1,438 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €2,460 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ageas/ NV's annualized ROC % for the quarter that ended in Dec. 2025 was 2.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ageas/ NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 11.90%.


Ageas/ NV  (CHIX:AGSb) EBIT Explanation

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

Ageas/ NV's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=2876 * ( 1 - 10.25% )/( (96149.35 + 103171.85)/ 2 )
=2581.21/99660.6
=2.59 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=99478 - 0 - ( 3563 - 5% * 4687 )
=96149.35

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=107073 - 1017 - ( 3102 - 5% * 4357 )
=103171.85

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

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

Ageas/ NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=2460/20680.629
=11.90 %

* 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.


Ageas/ NV EBIT Related Terms


Ageas/ NV EBIT Historical Data

* Premium members only.

The historical data trend for Ageas/ NV'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.

Ageas/ NV EBIT Chart

Ageas/ NV 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 1,357.00 1,642.00 1,703.00 1,861.00 2,460.00

Ageas/ NV 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 801.00 1,004.00 857.00 1,022.00 1,438.00

CHIX:AGSB vs BRK.A, AIG, HIG: EBIT Comparison

For the Insurance - Diversified subindustry, Ageas/ NV'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.


Ageas/ NV EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, Ageas/ NV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ageas/ NV's EV-to-EBIT falls into.


CHIX:AGSB
69GF Score
Ageas SA/ NV CHIX:AGSB
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ageas/ NV 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 €2,460 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 €2,460 Mil mean?
Ageas/ NV (CHIX:AGSB) has a EBIT of €2,460 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ageas/ NV.
Is Ageas/ NV's EBIT too high?
Ageas/ NV's current EBIT is €2,460 Mil. Overall, Ageas/ NV has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ageas/ NV's EBIT compare to BRK.A and AIG?
Ageas/ NV's EBIT of €2,460 Mil can be compared against companies in the Insurance 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 Insurance company?
A good EBIT depends on the Insurance 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 Ageas/ NV. Ageas/ NV's current EBIT is €2,460 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ageas/ NV stock overvalued right now?
Based on GuruFocus' analysis, Ageas/ NV (CHIX:AGSB) is currently considered Modestly Overvalued. The stock's GF Value™ is €56.19, compared to a current price of €68.18 — trading 21.3% above its estimated fair value. The current EBIT is €2,460 Mil. Ageas/ NV's overall GF Score™ is 69/100 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 Ageas/ NV (CHIX:AGSB), the current EBIT is €2,460 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 Ageas/ NV (CHIX:AGSB) Overvalued in 2026?

Based on GuruFocus' analysis, Ageas/ NV stock appears to be overvalued. The current stock price of €68.18 is trading 21.3% above its estimated GF Value™ of €56.19. GuruFocus considers Ageas/ NV to be Modestly Overvalued.

Key valuation signals for CHIX:AGSB:

  • EBIT: €2,460 Mil
  • GF Value™: €56.19 vs. price of €68.18 (21.3% above fair value)
  • GF Score™: 69/100 with 8 warning signs

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


Ageas/ NV Business Description

Address Avenue Du Boulevard 21, Manhattan Center, Saint-Josse-ten-Noode, Brussels, BEL, 1210
Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and overly ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralized debt. As Fortis' capital began to decline, the company initiated a rights issue, and suspended the dividend. As Fortis' share price began to decline and financial market conditions continued to deteriorate, with a series of leadership changes, customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgian government. It also spun off its asset management and insurance units which later became Ageas.
69GF Score

Get the complete analysis for CHIX:AGSB

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

€68.18
Price
€56.19
GF Value