VEF AB (CHIX:VEFABS) EBIT: kr327.64 Mil (TTM As of Jun. 2026)

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What is VEF AB EBIT?

VEF AB CHIX:VEFABS 41 EBIT is kr327.64 Mil as of Jun. 2026. GuruFocus rates CHIX:VEFABS with a GF Score™ of 41/100 and a GF Value™ of kr0.02. The stock has 3 warning signs investors should review.

VEF AB's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was kr-17.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was kr327.64 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. VEF AB's annualized ROC % for the quarter that ended in Jun. 2026 was -2.05%. VEF AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. VEF AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 19.30%.

VEF AB (CHIX:VEFABs) EBIT Explanation

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

VEF AB's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

	ROC % (Q: Jun. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2026 )	+	Invested Capital (Q: Jun. 2026 ))	/ count )
=	-87.276 * ( 1 - 0% )	/	( (4239.634	+	4293.46)	/ 2 )
=	-87.276	/	4266.547
=	-2.05 %

where

	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	))
=	4088.49	-	1.025	-	( 90.927	-	max(0, 248.22	-	96.051	+	90.927	))
=	4239.634

	Invested Capital		(Q: Jun. 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	))
=	4137.206	-	1.418	-	( 78.255	-	max(0, 238.887	-	81.215	+	78.255	))
=	4293.46

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

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

VEF AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2026		Q: Jun. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-69.768	/	( ( (0 + max(-245.91, 0))	+	(0 + max(-237.354, 0)) )	/	2 )
=	-69.768	/	( ( 0	+	0 )	/	2 )
=	-69.768	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	2.31)	-	(1.025	+	0	+	247.195)
=	-245.91

	Working Capital		(Q: Jun. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	1.533)	-	(1.418	+	0	+	237.469)
=	-237.354

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

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

VEF AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2026 )
	=	327.638	/	1697.190
	=	19.30 %

* 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.

VEF AB EBIT Related Terms

VEF AB EBIT Historical Data

* Premium members only.

The historical data trend for VEF AB's EBIT can be seen below:

VEF AB EBIT Chart

VEF AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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2,504.57

-3,884.68

699.20

-898.01

830.76

VEF AB Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26	Jun26
EBIT	Get a 7-Day Free Trial															214.58	308.34	267.33	-230.59	-17.44

CHIX:VEFABS vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, VEF AB'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.

VEF AB EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, VEF AB's EV-to-EBIT distribution charts can be found below:

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

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41GF Score

VEF AB CHIX:VEFABS

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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VEF AB 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr327.64 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of kr327.64 Mil mean?

VEF AB (CHIX:VEFABS) has a EBIT of kr327.64 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on VEF AB.

Is VEF AB's EBIT too high?

VEF AB's current EBIT is kr327.64 Mil. Overall, VEF AB has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.

How does VEF AB's EBIT compare to BLK and BX?

VEF AB's EBIT of kr327.64 Mil can be compared against companies in the Asset Management 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 Asset Management company?

A good EBIT depends on the Asset Management 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 VEF AB. VEF AB's current EBIT is kr327.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is VEF AB stock overvalued right now?

VEF AB (CHIX:VEFABS) has a current EBIT of kr327.64 Mil. The stock's GF Value™ is kr0.02, compared to a current price of kr1.90 — trading 9410% above its estimated fair value. The current EBIT is kr327.64 Mil. VEF AB's overall GF Score™ is 41/100 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 VEF AB (CHIX:VEFABS), the current EBIT is kr327.64 Mil as of Jun. 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 VEF AB (CHIX:VEFABS) Overvalued in 2026?

Based on GuruFocus' analysis, VEF AB stock appears to be overvalued. The current stock price of kr1.90 is trading 9410% above its estimated GF Value™ of kr0.02.

Key valuation signals for CHIX:VEFABS:

EBIT: kr327.64 Mil
GF Value™: kr0.02 vs. price of kr1.90 (9410% above fair value)
GF Score™: 41/100 with 3 warning signs

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

VEF AB Business Description

Industry Financial Services Asset Management

Comparable Companies OSTO:CAT A OSTO:VNV NGM:ARBO A NGM:CPEI OSTO:CASE OSTO:HILB B OSTO:SEAF OSTO:BMC OSTO:NAXS NGM:GARPCO B BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT AMP LSE:III

Other Exchanges VEFAB:Sweden 0TX:Germany

Address Master Samuelsgatan 1, 1st Floor, Stockholm, SWE, 111 44

Website https://www.vef.vc

VEF AB is an investment company that invests in growth-stage private fintech companies. The Company focuses on scaling emerging markets and invests across various areas of financial services, including payments, credit, mobile money, and wealth advisory. Its investment portfolio is concentrated in emerging markets such as Brazil, Mexico, India, and Pakistan.

41GF Score

Get the complete analysis for CHIX:VEFABS

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

kr1.90

Price

kr0.02

GF Value

View CHIX:VEFABS Analysis

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