KAP AG (FRA:IUR) EBIT: €-60.2 Mil (TTM As of Dec. 2025)


FRA:IUR KAP AG FRA:IUR
41 GF Score
Price €1.87
GF Value €8.45
Valuation Possible Value Trap
! 4 Warning Signs
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What is KAP AG EBIT?

KAP AG FRA:IUR +5.65% 41 EBIT is €-60.2 Mil as of Dec. 2025. GuruFocus rates FRA:IUR with a GF Score™ of 41/100 and a GF Value™ of €8.45 (Possible Value Trap). The stock has 4 warning signs investors should review.

KAP AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €-54.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €-60.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. KAP AG's annualized ROC % for the quarter that ended in Dec. 2025 was -56.28%. KAP AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -94.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. KAP AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -74.75%.


KAP AG  (FRA:IUR) EBIT Explanation

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

KAP AG'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 )
=-120.56 * ( 1 - 0.09% )/( (232.407 + 195.662)/ 2 )
=-120.451496/214.0345
=-56.28 %

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))
=198.098 - 26.151 - ( 30.785 - max(0, 131.296 - 107.581+30.785))
=195.662

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:

KAP AG'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 )
=-108.476/( ( (124.467 + max(-39.388, 0)) + (75.297 + max(30.843, 0)) )/ 2 )
=-108.476/( ( 124.467 + 106.14 )/ 2 )
=-108.476/115.3035
=-94.08 %

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)
=(30.947 + 43.152 + 7.488) - (29.625 + 0 + 91.35)
=-39.388

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.418 + 45.755 + 8.142) - (26.151 + 0 + 18.321)
=30.843

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:

KAP AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-60.234/80.577
=-74.75 %

* 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.


KAP AG EBIT Related Terms


KAP AG EBIT Historical Data

* Premium members only.

The historical data trend for KAP AG'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.

KAP AG EBIT Chart

KAP AG 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 30.88 5.27 2.96 -22.74 -60.23

KAP AG 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 -35.11 -2.06 -20.68 -6.00 -54.24

FRA:IUR vs HON, MMM: EBIT Comparison

For the Conglomerates subindustry, KAP AG'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.


KAP AG EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, KAP AG's EV-to-EBIT distribution charts can be found below:

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


FRA:IUR
41GF Score
KAP AG FRA:IUR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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KAP AG 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 €-60.2 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 €-60.2 Mil mean?
KAP AG (FRA:IUR) has a EBIT of €-60.2 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on KAP AG.
Is KAP AG's EBIT too high?
KAP AG's current EBIT is €-60.2 Mil. Overall, KAP AG has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KAP AG's EBIT compare to HON and MMM?
KAP AG's EBIT of €-60.2 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good EBIT depends on the Conglomerates 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 KAP AG. KAP AG's current EBIT is €-60.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KAP AG stock overvalued right now?
Based on GuruFocus' analysis, KAP AG (FRA:IUR) is currently considered Possible Value Trap. The stock's GF Value™ is €8.45, compared to a current price of €1.87 — trading 77.9% below its estimated fair value. The current EBIT is €-60.2 Mil. KAP AG's overall GF Score™ is 41/100 with 4 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 KAP AG (FRA:IUR), the current EBIT is €-60.2 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 KAP AG (FRA:IUR) Overvalued in 2026?

Based on GuruFocus' analysis, KAP AG stock appears to be undervalued. The current stock price of €1.87 is trading 77.9% below its estimated GF Value™ of €8.45. GuruFocus considers KAP AG to be Possible Value Trap.

Key valuation signals for FRA:IUR:

  • EBIT: €-60.2 Mil
  • GF Value™: €8.45 vs. price of €1.87 (77.9% below fair value)
  • GF Score™: 41/100 with 4 warning signs

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


KAP AG Business Description

Other Exchanges 0EWJ:UKIUR:Germany
Address Edelzeller Strasse 44, Fulda, HE, DEU, 36043
KAP AG is a German industrial holding company that provides engineered products and automotive components. The Flexible films segment generates maximum revenue, it is into extrusion coatings, calendaring and the conditioning of coated products. The engineered products segment includes develops, produces and sells technical fabrics and yarns whereas Surface technologies with chemical and physical conditioning specialized surface processes for refining metallic materials such as aluminum, magnesium, zinc die-casting or steel. Precision components segment manufacturers the precision components Geographically, the business presence of the firm is seen in the region of Germany, Rest of Europe, North/South America, Asia and in Other Countries.
41GF Score

Get the complete analysis for FRA:IUR

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

€1.87
Price
€8.45
GF Value