Ebro Foods (FRA:AZU) EBIT: €389 Mil (TTM As of Dec. 2025)


FRA:AZU Ebro Foods SA FRA:AZU
70 GF Score
Price €17.96
GF Value €16.08
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Ebro Foods EBIT?

Ebro Foods FRA:AZU -0.11% 70 EBIT is €389 Mil as of Dec. 2025. GuruFocus rates FRA:AZU with a GF Score™ of 70/100 and a GF Value™ of €16.08 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Ebro Foods's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €184 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €389 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ebro Foods's annualized ROC % for the quarter that ended in Dec. 2025 was 6.87%. Ebro Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 24.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ebro Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.90%.


Ebro Foods  (FRA:AZU) EBIT Explanation

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

Ebro Foods'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 )
=299.092 * ( 1 - 27.04% )/( (3130.074 + 3218.859)/ 2 )
=218.2175232/3174.4665
=6.87 %

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))
=3898.749 - 498.979 - ( 269.696 - max(0, 1199.731 - 1640.226+269.696))
=3130.074

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))
=3942.802 - 422.889 - ( 301.054 - max(0, 1009.672 - 1675.991+301.054))
=3218.859

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:

Ebro Foods'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 )
=367.622/( ( (947.246 + max(515.773, 0)) + (959.973 + max(569.238, 0)) )/ 2 )
=367.622/( ( 1463.019 + 1529.211 )/ 2 )
=367.622/1496.115
=24.57 %

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)
=(431.722 + 859.863 + 43.317) - (498.979 + 0 + 320.15)
=515.773

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(428.141 + 804.494 + 87.64) - (422.889 + 0 + 328.148)
=569.238

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:

Ebro Foods's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=389.039/3016.555
=12.90 %

* 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.


Ebro Foods EBIT Related Terms


Ebro Foods EBIT Historical Data

* Premium members only.

The historical data trend for Ebro Foods'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.

Ebro Foods EBIT Chart

Ebro Foods 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 204.01 193.87 289.38 324.20 333.72

Ebro Foods 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 191.31 186.60 186.71 205.23 183.81

FRA:AZU vs KHC, GIS, JBS: EBIT Comparison

For the Packaged Foods subindustry, Ebro Foods'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.


Ebro Foods EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ebro Foods's EV-to-EBIT distribution charts can be found below:

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


FRA:AZU
70GF Score
Ebro Foods SA FRA:AZU
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ebro Foods 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 €389 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 €389 Mil mean?
Ebro Foods (FRA:AZU) has a EBIT of €389 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ebro Foods.
Is Ebro Foods' EBIT too high?
Ebro Foods' current EBIT is €389 Mil. Overall, Ebro Foods has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ebro Foods' EBIT compare to KHC and GIS?
Ebro Foods' EBIT of €389 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 Ebro Foods. Ebro Foods's current EBIT is €389 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ebro Foods stock overvalued right now?
Based on GuruFocus' analysis, Ebro Foods (FRA:AZU) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.08, compared to a current price of €17.96 — trading 11.7% above its estimated fair value. The current EBIT is €389 Mil. Ebro Foods' overall GF Score™ is 70/100 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 Ebro Foods (FRA:AZU), the current EBIT is €389 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 Ebro Foods (FRA:AZU) Overvalued in 2026?

Based on GuruFocus' analysis, Ebro Foods stock appears to be overvalued. The current stock price of €17.96 is trading 11.7% above its estimated GF Value™ of €16.08. GuruFocus considers Ebro Foods to be Modestly Overvalued.

Key valuation signals for FRA:AZU:

  • EBIT: €389 Mil
  • GF Value™: €16.08 vs. price of €17.96 (11.7% above fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Ebro Foods Business Description

Address Paseo de la Castellana, n 20, Madrid, ESP, 28046
Ebro Foods SA is a Spanish international food group operating in the pasta, rice, and sauces segments. The company is present in more than 25 countries in Europe, North America, Asia, and Africa, through its wide network of subsidiaries and brands. The core businesses are rice and pasta, offered in dry, fresh, precooked, and frozen varieties. Aside from pasta and rice, Ebro Food offers ready meals, fresh potato, sauces among others. The largest geographical segment for the rice division is in Europe, followed by North America, Asia, and Africa. Pasta, sauces, and other products, accounting for almost half of revenue, are mainly present in Europe and North America.
70GF Score

Get the complete analysis for FRA:AZU

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

€17.96
Price
€16.08
GF Value