Moreld ASA (FRA:C28) EBIT: €34.9 Mil (TTM As of Mar. 2026)


FRA:C28 Moreld ASA FRA:C28
14 GF Score
Price €1.72
! 8 Warning Signs
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What is Moreld ASA EBIT?

Moreld ASA FRA:C28 -0.58% 14 EBIT is €34.9 Mil as of Mar. 2026. GuruFocus rates FRA:C28 with a GF Score™ of 14/100. The stock has 8 warning signs investors should review.

Moreld ASA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-9.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €34.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Moreld ASA's annualized ROC % for the quarter that ended in Mar. 2026 was -10.93%. Moreld ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -29.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Moreld ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.79%.

Moreld ASA  (FRA:C28) EBIT Explanation

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

Moreld 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 )
=-59.872 * ( 1 - 21.55% )/( (420.97 + 438.683)/ 2 )
=-46.969584/429.8265
=-10.93 %

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))
=489.461 - 71.99 - ( 91.944 - max(0, 227.801 - 224.302+91.944))
=420.97

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))
=461.759 - 52.6 - ( 83.551 - max(0, 224.083 - 194.559+83.551))
=438.683

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

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

Moreld 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 )
=-39.768/( ( (138.526 + max(-69.873, 0)) + (132.189 + max(-70.089, 0)) )/ 2 )
=-39.768/( ( 138.526 + 132.189 )/ 2 )
=-39.768/135.3575
=-29.38 %

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)
=(78.509 + 4.211 + 12.207) - (71.99 + 0 + 92.81)
=-69.873

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.952 + 4.479 + 18.546) - (52.6 + 0 + 102.466)
=-70.089

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=34.909/448.181
=7.79 %

* 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.

Moreld ASA EBIT Related Terms

Moreld ASA EBIT Historical Data

* Premium members only.

The historical data trend for Moreld 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.

Moreld ASA EBIT Chart

Moreld ASA Annual Data
Trend Dec23 Dec24 Dec25
EBIT
-1.60 -49.28 59.62

Moreld ASA Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.95 29.59 9.31 5.95 -9.94

FRA:C28 vs SLB, BKR, HAL: EBIT Comparison

For the Oil & Gas Equipment & Services subindustry, Moreld 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.

Moreld ASA EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Moreld ASA's EV-to-EBIT distribution charts can be found below:

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


FRA:C28
14GF Score
Moreld ASA FRA:C28
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Moreld 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 €34.9 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 €34.9 Mil mean?
Moreld ASA (FRA:C28) has a EBIT of €34.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Moreld ASA.
Is Moreld ASA's EBIT too high?
Moreld ASA's current EBIT is €34.9 Mil. Overall, Moreld ASA has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Moreld ASA's EBIT compare to SLB and BKR?
Moreld ASA's EBIT of €34.9 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 Moreld ASA. Moreld ASA's current EBIT is €34.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moreld ASA stock overvalued right now?
Moreld ASA (FRA:C28) has a current EBIT of €34.9 Mil. The current EBIT is €34.9 Mil. Moreld ASA's overall GF Score™ is 14/100 with 8 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 Moreld ASA (FRA:C28), the current EBIT is €34.9 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.

Moreld ASA Business Description

Industry EnergyOil & Gas
Other Exchanges MORLD:Norway
Address Moseidsletta 122, Stavanger, NOR, 4033
Moreld ASA is providing a range of offshore services and integrated solutions for the energy, marine, and industrial sectors, driving growth and innovation. The group operates through three main segments: Ocean Installer, Moreld Apply, and Global Maritime. It derives maximum revenue from Moreld Apply segment, which focuses on offshore and onshore maintenance and modification projects, delivering services from concept development through to project completion. Geographically, the group operates in Norway, Africa, Europe (excluding Norway), Asia and Australia, incl. Middle East, Americas, and Other Countries. It generates majority of its revenue from Norway.
14GF Score

Get the complete analysis for FRA:C28

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

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