Beijer Ref AB (FRA:BRZ0) EBIT: €326 Mil (TTM As of Mar. 2026)


FRA:BRZ0 Beijer Ref AB FRA:BRZ0
95 GF Score
Price €12.66
GF Value €14.06
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Beijer Ref AB EBIT?

Beijer Ref AB FRA:BRZ0 -0.94% 95 EBIT is €326 Mil as of Mar. 2026. GuruFocus rates FRA:BRZ0 with a GF Score™ of 95/100 and a GF Value™ of €14.06 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Beijer Ref AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €69 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €326 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Beijer Ref AB's annualized ROC % for the quarter that ended in Mar. 2026 was 5.86%. Beijer Ref AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Beijer Ref AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.47%.


Beijer Ref AB  (FRA:BRZ0) EBIT Explanation

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

Beijer Ref AB'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 )
=277.032 * ( 1 - 24.45% )/( (3464.243 + 3676.054)/ 2 )
=209.297676/3570.1485
=5.86 %

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))
=4090.948 - 312.801 - ( 313.904 - max(0, 1229.793 - 1841.244+313.904))
=3464.243

Invested Capital(Q: Mar. 2026 )
=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))
=4339.761 - 397.537 - ( 266.17 - max(0, 1315.065 - 1977.193+266.17))
=3676.054

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

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

Beijer Ref AB'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 )
=277.032/( ( (445.953 + max(806.446, 0)) + (461.224 + max(395.958, 0)) )/ 2 )
=277.032/( ( 1252.399 + 857.182 )/ 2 )
=277.032/1054.7905
=26.26 %

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)
=(405.428 + 971.576 + 47.233) - (312.801 + 0 + 304.99)
=806.446

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(595.934 + 1115.183 + -0.094000000000051) - (397.537 + 0 + 917.528)
=395.958

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:

Beijer Ref AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=325.667/7282.148
=4.47 %

* 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.


Beijer Ref AB EBIT Related Terms


Beijer Ref AB EBIT Historical Data

* Premium members only.

The historical data trend for Beijer Ref AB'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.

Beijer Ref AB EBIT Chart

Beijer Ref AB 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 133.39 173.10 279.10 314.80 331.64

Beijer Ref AB 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 71.02 107.60 98.08 50.72 69.26

FRA:BRZ0 vs GWW, FAST, FERG: EBIT Comparison

For the Industrial Distribution subindustry, Beijer Ref AB'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.


Beijer Ref AB EV-to-EBIT vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Beijer Ref AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Beijer Ref AB's EV-to-EBIT falls into.


FRA:BRZ0
95GF Score
Beijer Ref AB FRA:BRZ0
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijer Ref AB 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 €326 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 €326 Mil mean?
Beijer Ref AB (FRA:BRZ0) has a EBIT of €326 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Beijer Ref AB.
Is Beijer Ref AB's EBIT too high?
Beijer Ref AB's current EBIT is €326 Mil. Overall, Beijer Ref AB has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijer Ref AB's EBIT compare to GWW and FAST?
Beijer Ref AB's EBIT of €326 Mil can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good EBIT depends on the Industrial Distribution 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 Beijer Ref AB. Beijer Ref AB's current EBIT is €326 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijer Ref AB stock overvalued right now?
Based on GuruFocus' analysis, Beijer Ref AB (FRA:BRZ0) is currently considered Modestly Undervalued. The stock's GF Value™ is €14.06, compared to a current price of €12.66 — trading 10% below its estimated fair value. The current EBIT is €326 Mil. Beijer Ref AB's overall GF Score™ is 95/100 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 Beijer Ref AB (FRA:BRZ0), the current EBIT is €326 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 Beijer Ref AB (FRA:BRZ0) Overvalued in 2026?

Based on GuruFocus' analysis, Beijer Ref AB stock appears to be undervalued. The current stock price of €12.66 is trading 10% below its estimated GF Value™ of €14.06. GuruFocus considers Beijer Ref AB to be Modestly Undervalued.

Key valuation signals for FRA:BRZ0:

  • EBIT: €326 Mil
  • GF Value™: €14.06 vs. price of €12.66 (10% below fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the FRA:BRZ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijer Ref AB Business Description

Address Stortorget 8, Malmo, SWE, SE-211 34
Beijer Ref AB is a technology-oriented trading group that, through value-added products, offers its customers competitive solutions in refrigeration and air conditioning. The product range consists mainly of products from international manufacturers, and also some manufacturing of the group's own products combined with service and support for the products. Its segments include EMEA, North America and APAC.
95GF Score

Get the complete analysis for FRA:BRZ0

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

€12.66
Price
€14.06
GF Value