Harboes Bryggeri AS (FRA:DX4) EBIT: €5.2 Mil (TTM As of Jan. 2026)


FRA:DX4 Harboes Bryggeri AS FRA:DX4
71 GF Score
Price €14.46
GF Value €16.22
! 6 Warning Signs
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What is Harboes Bryggeri AS EBIT?

Harboes Bryggeri AS FRA:DX4 +0.42% 71 EBIT is €5.2 Mil as of Jan. 2026. GuruFocus rates FRA:DX4 with a GF Score™ of 71/100 and a GF Value™ of €16.22. The stock has 6 warning signs investors should review.

Harboes Bryggeri AS's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2026 was €0.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2026 was €5.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harboes Bryggeri AS's annualized ROC % for the quarter that ended in Jan. 2026 was 0.41%. Harboes Bryggeri AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 0.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Harboes Bryggeri AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 5.82%.


Harboes Bryggeri AS  (FRA:DX4) EBIT Explanation

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

Harboes Bryggeri AS's annualized ROC % for the quarter that ended in Jan. 2026 is calculated as:

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=0.964 * ( 1 - 34.09% )/( (157.428 + 149.91)/ 2 )
=0.6353724/153.669
=0.41 %

where

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

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

Harboes Bryggeri AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.984/( ( (99.483 + max(32.352, 0)) + (102.736 + max(32.439, 0)) )/ 2 )
=0.984/( ( 131.835 + 135.175 )/ 2 )
=0.984/133.505
=0.74 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.937 + 27.689 + 0) - (31.908 + 0 + 21.366)
=32.352

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47.069 + 27.908 + -1.4210854715202E-14) - (32.31 + 0 + 10.228)
=32.439

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Harboes Bryggeri AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2026 )
=5.16/88.691
=5.82 %

* 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.


Harboes Bryggeri AS EBIT Related Terms


Harboes Bryggeri AS EBIT Historical Data

* Premium members only.

The historical data trend for Harboes Bryggeri AS'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.

Harboes Bryggeri AS EBIT Chart

Harboes Bryggeri AS Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 -0.25 -0.20 10.40 8.79

Harboes Bryggeri AS Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 1.35 -0.02 2.82 2.11 0.25

FRA:DX4 vs STZ, TAP: EBIT Comparison

For the Beverages - Brewers subindustry, Harboes Bryggeri AS'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.


Harboes Bryggeri AS EV-to-EBIT vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Harboes Bryggeri AS's EV-to-EBIT falls into.


FRA:DX4
71GF Score
Harboes Bryggeri AS FRA:DX4
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Harboes Bryggeri AS 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 Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €5.2 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 €5.2 Mil mean?
Harboes Bryggeri AS (FRA:DX4) has a EBIT of €5.2 Mil as of Jan. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Harboes Bryggeri AS.
Is Harboes Bryggeri AS's EBIT too high?
Harboes Bryggeri AS's current EBIT is €5.2 Mil. Overall, Harboes Bryggeri AS has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Harboes Bryggeri AS's EBIT compare to STZ and TAP?
Harboes Bryggeri AS's EBIT of €5.2 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good EBIT depends on the Beverages - Alcoholic 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 Harboes Bryggeri AS. Harboes Bryggeri AS's current EBIT is €5.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harboes Bryggeri AS stock overvalued right now?
Harboes Bryggeri AS (FRA:DX4) has a current EBIT of €5.2 Mil. The stock's GF Value™ is €16.22, compared to a current price of €14.46 — trading 10.9% below its estimated fair value. The current EBIT is €5.2 Mil. Harboes Bryggeri AS's overall GF Score™ is 71/100 with 6 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 Harboes Bryggeri AS (FRA:DX4), the current EBIT is €5.2 Mil as of Jan. 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 Harboes Bryggeri AS (FRA:DX4) Overvalued in 2026?

Based on GuruFocus' analysis, Harboes Bryggeri AS stock appears to be undervalued. The current stock price of €14.46 is trading 10.9% below its estimated GF Value™ of €16.22.

Key valuation signals for FRA:DX4:

  • EBIT: €5.2 Mil
  • GF Value™: €16.22 vs. price of €14.46 (10.9% below fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the FRA:DX4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harboes Bryggeri AS Business Description

Other Exchanges 0ENE:UKHARB B:Denmark
Address Spegerborgvej 34, Skaelskor, DNK, 4230
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.
71GF Score

Get the complete analysis for FRA:DX4

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

€14.46
Price
€16.22
GF Value