Exmar NV (CHIX:EXMB) EBIT: €86.6 Mil (TTM As of Dec. 2025)


CHIX:EXMB Exmar NV CHIX:EXMB
60 GF Score
Price €11.52
GF Value €7.03
! 9 Warning Signs
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What is Exmar NV EBIT?

Exmar NV CHIX:EXMB 60 EBIT is €86.6 Mil as of Dec. 2025. GuruFocus rates CHIX:EXMB with a GF Score™ of 60/100 and a GF Value™ of €7.03. The stock has 9 warning signs investors should review.

Exmar NV's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €36.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €86.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Exmar NV's annualized ROC % for the quarter that ended in Dec. 2025 was 6.38%. Exmar NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 23.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Exmar NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.97%.


Exmar NV  (CHIX:EXMb) EBIT Explanation

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

Exmar NV'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 )
=41.684 * ( 1 - 13.69% )/( (556.718 + 570.741)/ 2 )
=35.9774604/563.7295
=6.38 %

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))
=771.36 - 48.443 - ( 153.586 - max(0, 88.029 - 240.205+153.586))
=570.741

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:

Exmar NV'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 )
=73.622/( ( (309.495 + max(4.836, 0)) + (317.205 + max(-0.92100000000001, 0)) )/ 2 )
=73.622/( ( 314.331 + 317.205 )/ 2 )
=73.622/315.768
=23.32 %

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)
=(39.123 + 0 + 18.759) - (53.047 + 0 + -0.00099999999999056)
=4.836

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.275 + 0 + 20.502) - (48.443 + 0 + 11.255)
=-0.92100000000001

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=86.566/965.068
=8.97 %

* 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.


Exmar NV EBIT Related Terms


Exmar NV EBIT Historical Data

* Premium members only.

The historical data trend for Exmar 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.

Exmar NV EBIT Chart

Exmar 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 25.75 324.15 79.50 199.87 85.82

Exmar 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 52.22 76.51 121.22 49.76 36.81

CHIX:EXMB vs SLB, BKR, HAL: EBIT Comparison

For the Oil & Gas Equipment & Services subindustry, Exmar 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.


Exmar NV EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Exmar NV's EV-to-EBIT distribution charts can be found below:

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


CHIX:EXMB
60GF Score
Exmar NV CHIX:EXMB
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Exmar 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 €86.6 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 €86.6 Mil mean?
Exmar NV (CHIX:EXMB) has a EBIT of €86.6 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Exmar NV.
Is Exmar NV's EBIT too high?
Exmar NV's current EBIT is €86.6 Mil. Overall, Exmar NV has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Exmar NV's EBIT compare to SLB and BKR?
Exmar NV's EBIT of €86.6 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 Exmar NV. Exmar NV's current EBIT is €86.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exmar NV stock overvalued right now?
Exmar NV (CHIX:EXMB) has a current EBIT of €86.6 Mil. The stock's GF Value™ is €7.03, compared to a current price of €11.52 — trading 63.9% above its estimated fair value. The current EBIT is €86.6 Mil. Exmar NV's overall GF Score™ is 60/100 with 9 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 Exmar NV (CHIX:EXMB), the current EBIT is €86.6 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 Exmar NV (CHIX:EXMB) Overvalued in 2026?

Based on GuruFocus' analysis, Exmar NV stock appears to be overvalued. The current stock price of €11.52 is trading 63.9% above its estimated GF Value™ of €7.03.

Key valuation signals for CHIX:EXMB:

  • EBIT: €86.6 Mil
  • GF Value™: €7.03 vs. price of €11.52 (63.9% above fair value)
  • GF Score™: 60/100 with 9 warning signs

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


Exmar NV Business Description

Industry EnergyOil & Gas
Address De Gerlachekaai 20, Antwerpen, BEL, 2000
Exmar NV is a liquefied natural gas (LNG) and liquefied petroleum gas (LPG) carrier. It provides industrial marine and energy logistical solutions for transport, regasification and liquefaction within the oil and gas industry. The company has three reportable segments: Shipping, Infrastructure, and Supporting Services. The activities in the shipping segment include the transportation of liquefied gas products such as Liquid Petroleum Gas, anhydrous ammonia, and petrochemical gases. The infrastructure segment includes LNG infrastructure and Offshore, and the segment supporting services include specialized supporting services such as ship management services and travel agency services. The majority of the revenue is generated from the Shipping segment.
60GF Score

Get the complete analysis for CHIX:EXMB

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

€11.52
Price
€7.03
GF Value