AIR Global (FRA:J1B) EBIT: € Mil (TTM As of Dec. 2025)


FRA:J1B AIR Global PLC FRA:J1B
21 GF Score
Price €5.40
! 2 Warning Signs
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What is AIR Global EBIT?

AIR Global FRA:J1B +1.98% 21 EBIT is € Mil as of Dec. 2025. GuruFocus rates FRA:J1B with a GF Score™ of 21/100. The stock has 2 warning signs investors should review.

AIR Global's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €71.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AIR Global's annualized ROC % for the quarter that ended in Dec. 2025 was 13.37%. AIR Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 128.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


AIR Global  (FRA:J1B) EBIT Explanation

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

AIR Global'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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=74.909 * ( 1 - 11.42% )/( (557.949 + 434.406)/ 2 )
=66.3543922/496.1775
=13.37 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=626.496 - 86.715 - ( 68.475 - max(0, 224.777 - 206.609+68.475))
=557.949

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))
=617.604 - 81.183 - ( 102.015 - max(0, 117.862 - 229.061+102.015))
=434.406

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

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

AIR Global'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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=71.03/( ( (38.994 + max(37.306, 0)) + (34.222 + max(-42.022, 0)) )/ 2 )
=71.03/( ( 76.3 + 34.222 )/ 2 )
=71.03/55.261
=128.54 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(67.329 + 52.857 + 9.264) - (86.715 + 5.429 + -2.8421709430404E-14)
=37.306

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 47.253 + 0.23400000000001) - (81.183 + 6.723 + 1.603)
=-42.022

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

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

AIR Global's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=/1200.540
= %

* 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.


AIR Global EBIT Related Terms


AIR Global EBIT Historical Data

* Premium members only.

The historical data trend for AIR Global'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.

AIR Global EBIT Chart

AIR Global Annual Data
Trend Dec23 Dec24 Dec25
EBIT
64.59 91.05 71.03

AIR Global Semi-Annual Data
Dec23 Dec24 Dec25
EBIT 64.59 91.05 71.03

FRA:J1B vs UVV, TPB, ISPR: EBIT Comparison

For the Tobacco subindustry, AIR Global'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.


AIR Global EV-to-EBIT vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, AIR Global's EV-to-EBIT distribution charts can be found below:

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


FRA:J1B
21GF Score
AIR Global PLC FRA:J1B
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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AIR Global 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was € 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 € Mil mean?
AIR Global (FRA:J1B) has a EBIT of € Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on AIR Global.
Is AIR Global's EBIT too high?
AIR Global's current EBIT is € Mil. Overall, AIR Global has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does AIR Global's EBIT compare to UVV and TPB?
AIR Global's EBIT of € Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good EBIT depends on the Tobacco Products 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 AIR Global. AIR Global's current EBIT is € Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIR Global stock overvalued right now?
AIR Global (FRA:J1B) has a current EBIT of € Mil. The current EBIT is € Mil. AIR Global's overall GF Score™ is 21/100 with 2 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 AIR Global (FRA:J1B), the current EBIT is € 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.

AIR Global Business Description

Other Exchanges AIIR:USA
Address Festival Office Tower, Dubai Festival City, 7th Floor, Dubai, ARE
AIR Global PLC operates in the social inhalation products sector and has operations across multiple international markets. Its portfolio includes businesses and products related to shisha and hookah, including flavored shisha molasses, hookah and shisha e-commerce platforms, and charcoal-free shisha devices. The company also conducts product research and testing in partnership with independent laboratories to support the development of inhalation-related products and technologies.
21GF Score

Get the complete analysis for FRA:J1B

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

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