Fomento de Construcciones y Contratas (FRA:FCC) EBIT: €350 Mil (TTM As of Dec. 2025)

What is Fomento de Construcciones y Contratas EBIT?

Fomento de Construcciones y Contratas FRA:FCC +0.83% 73 EBIT is €350 Mil as of Dec. 2025. GuruFocus rates FRA:FCC with a GF Score™ of 73/100 and a GF Value™ of €10.67 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Fomento de Construcciones y Contratas's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was €-439 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €350 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fomento de Construcciones y Contratas's annualized ROC % for the quarter that ended in Dec. 2025 was -16.73%. Fomento de Construcciones y Contratas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -39.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fomento de Construcciones y Contratas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.61%.

Fomento de Construcciones y Contratas (FRA:FCC) EBIT Explanation

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

Fomento de Construcciones y Contratas'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: Sep. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	-1893.596 * ( 1 - 0% )	/	( (0	+	11319.56)	/ 1 )
=	-1893.596	/	11319.56
=	-16.73 %

where

	Invested Capital		(Q: Sep. 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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	15802.885	-	2253.826	-	( 2994.484	-	max(0, 4829.661	-	7059.16	+	2994.484	))
=	11319.56

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Fomento de Construcciones y Contratas'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: Sep. 2025		Q: Dec. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1757.82	/	( ( (0 + max(0, 0))	+	(3910.766 + max(578.727, 0)) )	/	1 )
=	-1757.82	/	( ( 0	+	4489.493 )	/	1 )
=	-1757.82	/	4489.493
=	-39.15 %

where Working Capital is:

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2987.728	+	331.308	+	745.64)	-	(2253.826	+	0	+	1232.123)
=	578.727

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Fomento de Construcciones y Contratas's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	350.174	/	9712.930
	=	3.61 %

* 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.

Fomento de Construcciones y Contratas EBIT Related Terms

Fomento de Construcciones y Contratas EBIT Historical Data

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The historical data trend for Fomento de Construcciones y Contratas's EBIT can be seen below:

Fomento de Construcciones y Contratas EBIT Chart

Fomento de Construcciones y Contratas Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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914.98

670.90

788.92

805.57

619.15

Fomento de Construcciones y Contratas Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23	Mar24	Jun24	Sep24	Dec24	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															0.00	0.00	789.63	-439.46	0.00

FRA:FCC vs WM, RSG, WCN: EBIT Comparison

For the Waste Management subindustry, Fomento de Construcciones y Contratas'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.

Fomento de Construcciones y Contratas EV-to-EBIT vs Waste Management Industry

For the Waste Management industry and Industrials sector, Fomento de Construcciones y Contratas's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fomento de Construcciones y Contratas's EV-to-EBIT falls into.

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73GF Score

Fomento de Construcciones y Contratas SA FRA:FCC

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Fomento de Construcciones y Contratas 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 quarterly data reported by the company within the most recent 12 months, which was €350 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of €350 Mil mean?

Fomento de Construcciones y Contratas (FRA:FCC) has a EBIT of €350 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Fomento de Construcciones y Contratas.

Is Fomento de Construcciones y Contratas' EBIT too high?

Fomento de Construcciones y Contratas' current EBIT is €350 Mil. Overall, Fomento de Construcciones y Contratas has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Fomento de Construcciones y Contratas' EBIT compare to WM and RSG?

Fomento de Construcciones y Contratas' EBIT of €350 Mil can be compared against companies in the Waste Management 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 Waste Management company?

A good EBIT depends on the Waste Management 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 Fomento de Construcciones y Contratas. Fomento de Construcciones y Contratas's current EBIT is €350 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Fomento de Construcciones y Contratas stock overvalued right now?

Based on GuruFocus' analysis, Fomento de Construcciones y Contratas (FRA:FCC) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.67, compared to a current price of €12.12 — trading 13.6% above its estimated fair value. The current EBIT is €350 Mil. Fomento de Construcciones y Contratas' overall GF Score™ is 73/100 with 9 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 Fomento de Construcciones y Contratas (FRA:FCC), the current EBIT is €350 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 Fomento de Construcciones y Contratas (FRA:FCC) Overvalued in 2026?

Based on GuruFocus' analysis, Fomento de Construcciones y Contratas stock appears to be overvalued. The current stock price of €12.12 is trading 13.6% above its estimated GF Value™ of €10.67. GuruFocus considers Fomento de Construcciones y Contratas to be Modestly Overvalued.

Key valuation signals for FRA:FCC:

EBIT: €350 Mil
GF Value™: €10.67 vs. price of €12.12 (13.6% above fair value)
GF Score™: 73/100 with 9 warning signs

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

Fomento de Construcciones y Contratas Business Description

Industry Industrials Waste Management

Comparable Companies WM RSG WCN XPAR:VIE CLH GFL XBRU:UMI SZSE:002340 CWST SHSE:603568 HKSE:00257 ASX:CWY TSX:SES OSL:TOM XTAE:VRDS SHSE:603588 SZSE:300779 SZSE:002310 TSE:9336 SZSE:301500

Other Exchanges FMOCF:USA 0HAA:UK FCC:Spain

Address Federico Salmon, 13, Madrid, ESP, 28016

Website http://www.fcc.es

Fomento de Construcciones y Contratas SA is in the business of environmental services, end to end water management, construction and cement. The company's activities include services related to urban water treatment, waste recovery, end to end water cycle and also infrastructure construction projects, building construction, manufacturing of cement and concrete and operation of quarries and mineral deposits. The firm derives majority of its revenues from environmental services segment. It carries out international operations in European, the US and Latin American markets.

73GF Score

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

€12.12

Price

€10.67

GF Value

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