BOC Aviation (FRA:8BO) EBIT: €710 Mil (TTM As of Dec. 2025)


FRA:8BO BOC Aviation Ltd FRA:8BO
84 GF Score
Price €8.60
GF Value €8.25
Valuation Fairly Valued
! 5 Warning Signs
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What is BOC Aviation EBIT?

BOC Aviation FRA:8BO +0.58% 84 EBIT is €710 Mil as of Dec. 2025. GuruFocus rates FRA:8BO with a GF Score™ of 84/100 and a GF Value™ of €8.25 (Fairly Valued). The stock has 5 warning signs investors should review.

BOC Aviation's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €397 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €710 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BOC Aviation's annualized ROC % for the quarter that ended in Dec. 2025 was 2.88%. BOC Aviation's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BOC Aviation's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.42%.


BOC Aviation  (FRA:8BO) EBIT Explanation

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

BOC Aviation'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 )
=793.46 * ( 1 - 15.95% )/( (22778.264 + 23455.818)/ 2 )
=666.90313/23117.041
=2.88 %

where

Invested Capital(Q: Jun. 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))
=22167.892 - 215.604 - ( 462.313 - max(0, 1955.909 - 1129.933+462.313))
=22778.264

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))
=22492.87 - 318.635 - ( 341.422 - max(0, 2108.091 - 826.508+341.422))
=23455.818

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:

BOC Aviation'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 )
=793.46/( ( (17849.083 + max(59.413, 0)) + (18215.445 + max(-241.783, 0)) )/ 2 )
=793.46/( ( 17908.496 + 18215.445 )/ 2 )
=793.46/18061.9705
=4.39 %

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)
=(6.574 + 0 + 457.858) - (215.604 + 0 + 189.415)
=59.413

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.935 + 0 + 250.593) - (318.635 + 0 + 183.676)
=-241.783

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:

BOC Aviation's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=709.977/20785.191
=3.42 %

* 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.


BOC Aviation EBIT Related Terms


BOC Aviation EBIT Historical Data

* Premium members only.

The historical data trend for BOC Aviation'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.

BOC Aviation EBIT Chart

BOC Aviation 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 685.35 759.73 504.28 550.62 705.28

BOC Aviation 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 266.87 256.36 287.08 313.25 396.73

FRA:8BO vs URI, SUNB, AER: EBIT Comparison

For the Rental & Leasing Services subindustry, BOC Aviation'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.


BOC Aviation EV-to-EBIT vs Business Services Industry

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

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


FRA:8BO
84GF Score
BOC Aviation Ltd FRA:8BO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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BOC Aviation 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 €710 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 €710 Mil mean?
BOC Aviation (FRA:8BO) has a EBIT of €710 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on BOC Aviation.
Is BOC Aviation's EBIT too high?
BOC Aviation's current EBIT is €710 Mil. Overall, BOC Aviation has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BOC Aviation's EBIT compare to URI and SUNB?
BOC Aviation's EBIT of €710 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 BOC Aviation. BOC Aviation's current EBIT is €710 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Aviation stock overvalued right now?
Based on GuruFocus' analysis, BOC Aviation (FRA:8BO) is currently considered Fairly Valued. The stock's GF Value™ is €8.25, compared to a current price of €8.60 — trading 4.2% above its estimated fair value. The current EBIT is €710 Mil. BOC Aviation's overall GF Score™ is 84/100 with 5 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 BOC Aviation (FRA:8BO), the current EBIT is €710 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 BOC Aviation (FRA:8BO) Overvalued in 2026?

Based on GuruFocus' analysis, BOC Aviation stock appears to be overvalued. The current stock price of €8.60 is trading 4.2% above its estimated GF Value™ of €8.25. GuruFocus considers BOC Aviation to be Fairly Valued.

Key valuation signals for FRA:8BO:

  • EBIT: €710 Mil
  • GF Value™: €8.25 vs. price of €8.60 (4.2% above fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the FRA:8BO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BOC Aviation Business Description

Other Exchanges 02588:Hong Kong8BO:Germany
Address 79 Robinson Road, No. 15-01, Singapore, SGP, 068897
BOC Aviation Ltd is an aircraft leasing company by net book value of owned aircraft, with a portfolio of commercial passenger and cargo aircraft. All revenues are derived from the Group's principal activities of aircraft leasing, management of aircraft leases and other related activities. BOC Aviation offers a wide range of services to airlines and aircraft owners, including direct operating leases and finance leases for aircraft, sale and leaseback facilities, engine finance leases and third party asset management. The company also provides comprehensive aircraft remarketing and technical management services to airlines, banks and other investors. BOC Aviation seeks to provide the highest level of personalized service, adapting its products to meet the needs of individual customers.
84GF Score

Get the complete analysis for FRA:8BO

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

€8.60
Price
€8.25
GF Value