Downer EDI (FRA:DNE) EBIT: €180 Mil (TTM As of Dec. 2025)


FRA:DNE Downer EDI Ltd FRA:DNE
65 GF Score
Price €4.82
GF Value €2.72
! 7 Warning Signs
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What is Downer EDI EBIT?

Downer EDI FRA:DNE -0.41% 65 EBIT is €180 Mil as of Dec. 2025. GuruFocus rates FRA:DNE with a GF Score™ of 65/100 and a GF Value™ of €2.72. The stock has 7 warning signs investors should review.

Downer EDI's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €180 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Downer EDI's annualized ROC % for the quarter that ended in Dec. 2025 was 3.54%. Downer EDI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 30.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Downer EDI's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.78%.


Downer EDI  (FRA:DNE) EBIT Explanation

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

Downer EDI'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 )
=131.42 * ( 1 - 30.64% )/( (2664.05 + 2492.829)/ 2 )
=91.152912/2578.4395
=3.54 %

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))
=3657.092 - 1162.265 - ( 473.971 - max(0, 1897.917 - 1728.694+473.971))
=2664.05

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))
=3450.954 - 1149.921 - ( 394.259 - max(0, 1751.296 - 1559.5+394.259))
=2492.829

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:

Downer EDI'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 )
=193.724/( ( (648.726 + max(-193.099, 0)) + (603.077 + max(-240.313, 0)) )/ 2 )
=193.724/( ( 648.726 + 603.077 )/ 2 )
=193.724/625.9015
=30.95 %

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)
=(1017.54 + 113.455 + 123.728) - (1162.265 + 26.812 + 258.745)
=-193.099

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1002.273 + 110.765 + 52.203) - (1149.921 + 29.45 + 226.183)
=-240.313

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:

Downer EDI's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=179.611/3761.080
=4.78 %

* 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.


Downer EDI EBIT Related Terms


Downer EDI EBIT Historical Data

* Premium members only.

The historical data trend for Downer EDI'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.

Downer EDI EBIT Chart

Downer EDI Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 197.54 201.83 -166.39 102.83 154.38

Downer EDI 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 73.72 28.75 76.75 82.75 96.86

FRA:DNE vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Downer EDI'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.


Downer EDI EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Downer EDI's EV-to-EBIT distribution charts can be found below:

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


FRA:DNE
65GF Score
Downer EDI Ltd FRA:DNE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Downer EDI 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 €180 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 €180 Mil mean?
Downer EDI (FRA:DNE) has a EBIT of €180 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Downer EDI.
Is Downer EDI's EBIT too high?
Downer EDI's current EBIT is €180 Mil. Overall, Downer EDI has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Downer EDI's EBIT compare to PWR and FIX?
Downer EDI's EBIT of €180 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Downer EDI. Downer EDI's current EBIT is €180 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Downer EDI stock overvalued right now?
Downer EDI (FRA:DNE) has a current EBIT of €180 Mil. The stock's GF Value™ is €2.72, compared to a current price of €4.82 — trading 77.2% above its estimated fair value. The current EBIT is €180 Mil. Downer EDI's overall GF Score™ is 65/100 with 7 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 Downer EDI (FRA:DNE), the current EBIT is €180 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 Downer EDI (FRA:DNE) Overvalued in 2026?

Based on GuruFocus' analysis, Downer EDI stock appears to be overvalued. The current stock price of €4.82 is trading 77.2% above its estimated GF Value™ of €2.72.

Key valuation signals for FRA:DNE:

  • EBIT: €180 Mil
  • GF Value™: €2.72 vs. price of €4.82 (77.2% above fair value)
  • GF Score™: 65/100 with 7 warning signs

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


Downer EDI Business Description

Other Exchanges DNE:GermanyDOW:Australia
Address 39 Delhi Road, Level 2, Triniti III, Triniti Business Campus, North Ryde, Sydney, NSW, AUS, 2113
Downer conducts construction and maintenance in the transport, technology and communications, utilities, rail, and defense segments. The future of Downer is focused on urban services, with mining and higher-risk construction businesses exited. Downer has strong relationships with local and state governments that outsource operational and management activities, ensuring a relatively consistent stream of recurring contract work. The transport segment contributes the majority of earnings.
65GF Score

Get the complete analysis for FRA:DNE

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

€4.82
Price
€2.72
GF Value