Industrie De Nora SpA (CHIX:DNRM) EBIT: €122.8 Mil (TTM As of Mar. 2026)


CHIX:DNRM Industrie De Nora SpA CHIX:DNRM
82 GF Score
Price €7.52
GF Value €10.13
! 3 Warning Signs
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What is Industrie De Nora SpA EBIT?

Industrie De Nora SpA CHIX:DNRM 82 EBIT is €122.8 Mil as of Mar. 2026. GuruFocus rates CHIX:DNRM with a GF Score™ of 82/100 and a GF Value™ of €10.13. The stock has 3 warning signs investors should review.

Industrie De Nora SpA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €25.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €122.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Industrie De Nora SpA's annualized ROC % for the quarter that ended in Mar. 2026 was 6.98%. Industrie De Nora SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Industrie De Nora SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.07%.


Industrie De Nora SpA  (CHIX:DNRm) EBIT Explanation

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

Industrie De Nora 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 )
=104.908 * ( 1 - 30.16% )/( (990.271 + 1110.097)/ 2 )
=73.2677472/1050.184
=6.98 %

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))
=1272.02 - 172.682 - ( 109.067 - max(0, 247.826 - 598.93+109.067))
=990.271

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))
=1347.28 - 153.14 - ( 84.043 - max(0, 293.092 - 665.205+84.043))
=1110.097

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

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

Industrie De Nora 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 )
=103.184/( ( (315.552 + max(193.746, 0)) + (321.745 + max(284.834, 0)) )/ 2 )
=103.184/( ( 509.298 + 606.579 )/ 2 )
=103.184/557.9385
=18.49 %

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)
=(152.948 + 214.38 + 56.069) - (172.682 + 0 + 56.969)
=193.746

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(163.89 + 278.631 + 61.651) - (153.14 + 0 + 66.198)
=284.834

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=122.813/1354.076
=9.07 %

* 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.


Industrie De Nora SpA EBIT Related Terms


Industrie De Nora SpA EBIT Historical Data

* Premium members only.

The historical data trend for Industrie De Nora 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.

Industrie De Nora SpA EBIT Chart

Industrie De Nora SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 98.22 126.85 274.01 124.16 123.02

Industrie De Nora 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 26.01 30.07 34.24 32.72 25.80

CHIX:DNRM vs VRT, BE, NVT: EBIT Comparison

For the Electrical Equipment & Parts subindustry, Industrie De Nora 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.


Industrie De Nora SpA EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Industrie De Nora SpA's EV-to-EBIT distribution charts can be found below:

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


CHIX:DNRM
82GF Score
Industrie De Nora SpA CHIX:DNRM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrie De Nora 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 €122.8 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 €122.8 Mil mean?
Industrie De Nora SpA (CHIX:DNRM) has a EBIT of €122.8 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Industrie De Nora SpA.
Is Industrie De Nora SpA's EBIT too high?
Industrie De Nora SpA's current EBIT is €122.8 Mil. Overall, Industrie De Nora SpA has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Industrie De Nora SpA's EBIT compare to VRT and BE?
Industrie De Nora SpA's EBIT of €122.8 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good EBIT depends on the Industrial Products 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 Industrie De Nora SpA. Industrie De Nora SpA's current EBIT is €122.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrie De Nora SpA stock overvalued right now?
Industrie De Nora SpA (CHIX:DNRM) has a current EBIT of €122.8 Mil. The stock's GF Value™ is €10.13, compared to a current price of €7.52 — trading 25.7% below its estimated fair value. The current EBIT is €122.8 Mil. Industrie De Nora SpA's overall GF Score™ is 82/100 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 Industrie De Nora SpA (CHIX:DNRM), the current EBIT is €122.8 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 Industrie De Nora SpA (CHIX:DNRM) Overvalued in 2026?

Based on GuruFocus' analysis, Industrie De Nora SpA stock appears to be undervalued. The current stock price of €7.52 is trading 25.7% below its estimated GF Value™ of €10.13.

Key valuation signals for CHIX:DNRM:

  • EBIT: €122.8 Mil
  • GF Value™: €10.13 vs. price of €7.52 (25.7% below fair value)
  • GF Score™: 82/100 with 3 warning signs

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


Industrie De Nora SpA Business Description

Other Exchanges DNR:Italy0ABI:UKM3D:Germany
Address Via Leonardo Bistolfi, 35, Milan, ITA, 20134
Industrie De Nora SpA manufactures and distributes chemicals. The company is organized into three segments: the Electrode Technologies business, Energy Transition and the Water Technologies business. Electrode Technologies segment earns the majority of companies revenues. The company's products include Analyzers & Detectors, Anodes for Chlorine Evolution, Anodes for oxygen evolution, Cathodes for Hydrogen Evolution, Disinfection systems, Electrochlorination systems, Filtration Solutions, Membrane Technologies, Contaminant removal systems.
82GF Score

Get the complete analysis for CHIX:DNRM

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

€7.52
Price
€10.13
GF Value