ENZN (Viskase Holdings) EBIT: $-43.9 Mil (TTM As of Dec. 2025)


ENZN Viskase Holdings Inc ENZN
44 GF Score
Price $5.25
GF Value $13.76
Valuation Possible Value Trap
! 4 Warning Signs
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What is Viskase Holdings EBIT?

Viskase Holdings ENZN 44 EBIT is $-43.9 Mil as of Dec. 2025. GuruFocus rates ENZN with a GF Score™ of 44/100 and a GF Value™ of $13.76 (Possible Value Trap). The stock has 4 warning signs investors should review.

Viskase Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $-43.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $-43.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Viskase Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -4.88%. Viskase Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -15.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Viskase Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -23.34%.


Viskase Holdings  (OTCPK:ENZN) EBIT Explanation

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

Viskase Holdings'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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-17.268 * ( 1 - 0% )/( (0 + 353.596)/ 1 )
=-17.268/353.596
=-4.88 %

where

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

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

Viskase Holdings'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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-43.887/( ( (0 + max(0, 0)) + (161.25 + max(130.807, 0)) )/ 1 )
=-43.887/( ( 0 + 292.057 )/ 1 )
=-43.887/292.057
=-15.03 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(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)
=(60.182 + 96.755 + 42.494) - (54.415 + 0 + 14.209)
=130.807

When net working capital is negative, 0 is used.

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

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

Viskase Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-43.887/188.031
=-23.34 %

* 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.


Viskase Holdings EBIT Related Terms


Viskase Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Viskase Holdings'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.

Viskase Holdings EBIT Chart

Viskase Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.39 -2.72 28.99 4.90 -43.89

Viskase Holdings Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec23 Dec24 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 29.39 -2.72 28.99 4.90 -43.89

ENZN vs MGIH, GFLT, YHGJ: EBIT Comparison

For the Packaging & Containers subindustry, Viskase Holdings'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.


Viskase Holdings EV-to-EBIT vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Viskase Holdings's EV-to-EBIT distribution charts can be found below:

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


ENZN
44GF Score
Viskase Holdings Inc ENZN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Viskase Holdings 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-43.9 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 $-43.9 Mil mean?
Viskase Holdings (ENZN) has a EBIT of $-43.9 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Viskase Holdings.
Is Viskase Holdings' EBIT too high?
Viskase Holdings' current EBIT is $-43.9 Mil. Overall, Viskase Holdings has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Viskase Holdings' EBIT compare to MGIH and GFLT?
Viskase Holdings' EBIT of $-43.9 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good EBIT depends on the Packaging & Containers 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 Viskase Holdings. Viskase Holdings's current EBIT is $-43.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viskase Holdings stock overvalued right now?
Based on GuruFocus' analysis, Viskase Holdings (ENZN) is currently considered Possible Value Trap. The stock's GF Value™ is $13.76, compared to a current price of $5.25 — trading 61.8% below its estimated fair value. The current EBIT is $-43.9 Mil. Viskase Holdings' overall GF Score™ is 44/100 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 Viskase Holdings (ENZN), the current EBIT is $-43.9 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 Viskase Holdings (ENZN) Overvalued in 2026?

Based on GuruFocus' analysis, Viskase Holdings stock appears to be undervalued. The current stock price of $5.25 is trading 61.8% below its estimated GF Value™ of $13.76. GuruFocus considers Viskase Holdings to be Possible Value Trap.

Key valuation signals for ENZN:

  • EBIT: $-43.9 Mil
  • GF Value™: $13.76 vs. price of $5.25 (61.8% below fair value)
  • GF Score™: 44/100 with 4 warning signs

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


Viskase Holdings Business Description

Address 333 East Butterfield Road, Suite 400, Lombard, IL, USA, 60148-5679
Viskase Holdings Inc operates as the parent of Viskase Companies, LLC. It produces non-edible cellulosic, fibrous, and plastic casings used in the preparation and packaging of processed meat and poultry products. It also provides product-related support services to its customers, including consumer goods companies.
44GF Score

Get the complete analysis for ENZN

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

$5.25
Price
$13.76
GF Value