Zalaris ASA (FRA:81Y) EBIT: €10.1 Mil (TTM As of Mar. 2026)


FRA:81Y Zalaris ASA FRA:81Y
84 GF Score
Price €8.76
GF Value €8.27
Valuation Fairly Valued
! 6 Warning Signs
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What is Zalaris ASA EBIT?

Zalaris ASA FRA:81Y -0.90% 84 EBIT is €10.1 Mil as of Mar. 2026. GuruFocus rates FRA:81Y with a GF Score™ of 84/100 and a GF Value™ of €8.27 (Fairly Valued). The stock has 6 warning signs investors should review.

Zalaris ASA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €3.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €10.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zalaris ASA's annualized ROC % for the quarter that ended in Mar. 2026 was 16.54%. Zalaris ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 235.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zalaris ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.66%.


Zalaris ASA  (FRA:81Y) EBIT Explanation

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

Zalaris ASA'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 )
=17.792 * ( 1 - 21.63% )/( (82.533 + 86.049)/ 2 )
=13.9435904/84.291
=16.54 %

where

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

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

Zalaris ASA'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 )
=13.648/( ( (5.465 + max(-16.055, 0)) + (6.133 + max(-19.092, 0)) )/ 2 )
=13.648/( ( 5.465 + 6.133 )/ 2 )
=13.648/5.799
=235.35 %

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)
=(24.504 + 0 + 3.262) - (9.539 + 0 + 34.282)
=-16.055

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.686 + 0 + 0.0010000000000048) - (8.567 + 0 + 36.212)
=-19.092

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:

Zalaris ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=10.103/216.760
=4.66 %

* 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.


Zalaris ASA EBIT Related Terms


Zalaris ASA EBIT Historical Data

* Premium members only.

The historical data trend for Zalaris ASA'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.

Zalaris ASA EBIT Chart

Zalaris ASA 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 3.34 0.42 2.30 8.23 10.36

Zalaris ASA 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 3.85 2.24 3.44 1.01 3.41

FRA:81Y vs KFY, RHI, TNET: EBIT Comparison

For the Staffing & Employment Services subindustry, Zalaris ASA'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.


Zalaris ASA EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Zalaris ASA's EV-to-EBIT distribution charts can be found below:

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


FRA:81Y
84GF Score
Zalaris ASA FRA:81Y
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Zalaris ASA 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 €10.1 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 €10.1 Mil mean?
Zalaris ASA (FRA:81Y) has a EBIT of €10.1 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zalaris ASA.
Is Zalaris ASA's EBIT too high?
Zalaris ASA's current EBIT is €10.1 Mil. Overall, Zalaris ASA has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zalaris ASA's EBIT compare to KFY and RHI?
Zalaris ASA's EBIT of €10.1 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 Zalaris ASA. Zalaris ASA's current EBIT is €10.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalaris ASA stock overvalued right now?
Based on GuruFocus' analysis, Zalaris ASA (FRA:81Y) is currently considered Fairly Valued. The stock's GF Value™ is €8.27, compared to a current price of €8.76 — trading 5.9% above its estimated fair value. The current EBIT is €10.1 Mil. Zalaris ASA's overall GF Score™ is 84/100 with 6 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 Zalaris ASA (FRA:81Y), the current EBIT is €10.1 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 Zalaris ASA (FRA:81Y) Overvalued in 2026?

Based on GuruFocus' analysis, Zalaris ASA stock appears to be overvalued. The current stock price of €8.76 is trading 5.9% above its estimated GF Value™ of €8.27. GuruFocus considers Zalaris ASA to be Fairly Valued.

Key valuation signals for FRA:81Y:

  • EBIT: €10.1 Mil
  • GF Value™: €8.27 vs. price of €8.76 (5.9% above fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the FRA:81Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zalaris ASA Business Description

Address Hoffsveien 4, Oslo, NOR, NO-0275
Zalaris ASA is a company that offers outsourced personnel and payroll services. The company has two reportable segments: Managed Services and Zalaris Consulting. Managed Services include payroll and HR outsourcing services, cloud system solutions and services, and contribute to the majority of the revenue. The Zalaris Consulting segment includes the implementation of SAP HCM & Payroll and SuccessFactors, based on Zalaris templates, or implementation of customer-specific functionalities. Zalaris operates in Norway, Northern Europe, Central Europe, the UK, Ireland, and APAC.
84GF Score

Get the complete analysis for FRA:81Y

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

€8.76
Price
€8.27
GF Value