DVCMY (Davide Campari-Milano NV) EBIT: $651 Mil (TTM As of Dec. 2025)


DVCMY Davide Campari-Milano NV DVCMY
77 GF Score
Price $6.15
GF Value $9.16
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Davide Campari-Milano NV EBIT?

Davide Campari-Milano NV DVCMY +0.33% 77 EBIT is $651 Mil as of Dec. 2025. GuruFocus rates DVCMY with a GF Score™ of 77/100 and a GF Value™ of $9.16 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Davide Campari-Milano NV's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was $101 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $651 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Davide Campari-Milano NV's annualized ROC % for the quarter that ended in Dec. 2025 was 7.94%. Davide Campari-Milano NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Davide Campari-Milano NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.85%.


Davide Campari-Milano NV  (OTCPK:DVCMY) EBIT Explanation

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

Davide Campari-Milano 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: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=594.38 * ( 1 - 0% )/( (0 + 7485.48)/ 1 )
=594.38/7485.48
=7.94 %

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))
=9498.126 - 1173.185 - ( 839.461 - max(0, 1565.457 - 3470.023+839.461))
=7485.48

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Davide Campari-Milano 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: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=403.28/( ( (0 + max(0, 0)) + (1769.204 + max(1388.056, 0)) )/ 1 )
=403.28/( ( 0 + 3157.26 )/ 1 )
=403.28/3157.26
=12.77 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(383.021 + 2015.222 + 214.169) - (1173.185 + 0 + 51.171)
=1388.056

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Davide Campari-Milano NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=651.352/9509.620
=6.85 %

* 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.


Davide Campari-Milano NV EBIT Related Terms


Davide Campari-Milano NV EBIT Historical Data

* Premium members only.

The historical data trend for Davide Campari-Milano 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.

Davide Campari-Milano NV EBIT Chart

Davide Campari-Milano 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 471.07 536.55 585.93 382.93 662.30

Davide Campari-Milano NV Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -140.21 145.84 246.71 157.98 100.82

DVCMY vs BF.B: EBIT Comparison

For the Beverages - Wineries & Distilleries subindustry, Davide Campari-Milano 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.


Davide Campari-Milano NV EV-to-EBIT vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Davide Campari-Milano NV's EV-to-EBIT distribution charts can be found below:

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


DVCMY
77GF Score
Davide Campari-Milano NV DVCMY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Davide Campari-Milano 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 quarterly data reported by the company within the most recent 12 months, which was $651 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 $651 Mil mean?
Davide Campari-Milano NV (DVCMY) has a EBIT of $651 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Davide Campari-Milano NV.
Is Davide Campari-Milano NV's EBIT too high?
Davide Campari-Milano NV's current EBIT is $651 Mil. Overall, Davide Campari-Milano NV has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Davide Campari-Milano NV's EBIT compare to BF.B?
Davide Campari-Milano NV's EBIT of $651 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good EBIT depends on the Beverages - Alcoholic 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 Davide Campari-Milano NV. Davide Campari-Milano NV's current EBIT is $651 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Davide Campari-Milano NV stock overvalued right now?
Based on GuruFocus' analysis, Davide Campari-Milano NV (DVCMY) is currently considered Significantly Undervalued. The stock's GF Value™ is $9.16, compared to a current price of $6.15 — trading 32.9% below its estimated fair value. The current EBIT is $651 Mil. Davide Campari-Milano NV's overall GF Score™ is 77/100 with 4 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 Davide Campari-Milano NV (DVCMY), the current EBIT is $651 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 Davide Campari-Milano NV (DVCMY) Overvalued in 2026?

Based on GuruFocus' analysis, Davide Campari-Milano NV stock appears to be undervalued. The current stock price of $6.15 is trading 32.9% below its estimated GF Value™ of $9.16. GuruFocus considers Davide Campari-Milano NV to be Significantly Undervalued.

Key valuation signals for DVCMY:

  • EBIT: $651 Mil
  • GF Value™: $9.16 vs. price of $6.15 (32.9% below fair value)
  • GF Score™: 77/100 with 4 warning signs

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


Davide Campari-Milano NV Business Description

Address Via Franco Sacchetti 20, Sesto San Giovanni, Milan, ITA, 20099
Davide Campari-Milano is the Italian-headquartered parent of Campari Group and is the world's leading manufacturer of bitters, with a volume share of around 24% in 2025, according to Euromonitor. The company's liqueur portfolio includes Aperol, Campari, and Grand Marnier. The remainder of the portfolio spans a wide range of categories, including global brands Skyy vodka and Wild Turkey bourbon and niche brands such as Appleton Estate rum, Bulldog gin, and Espolòn tequila. Campari also produces and markets a range of Champagne and sparkling wines. Campari is controlled by Lagfin, a Luxembourg-based holding company, which holds 52% of the share capital and over 60% of the voting rights. The rest of the equity is free floating.
77GF Score

Get the complete analysis for DVCMY

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

$6.15
Price
$9.16
GF Value