KONE Oyj (FRA:KC4) EBIT: €1,393 Mil (TTM As of Mar. 2026)


FRA:KC4 KONE Oyj FRA:KC4
77 GF Score
Price €49.27
GF Value €52.00
Valuation Fairly Valued
! 3 Warning Signs
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What is KONE Oyj EBIT?

KONE Oyj FRA:KC4 -1.46% 77 EBIT is €1,393 Mil as of Mar. 2026. GuruFocus rates FRA:KC4 with a GF Score™ of 77/100 and a GF Value™ of €52.00 (Fairly Valued). The stock has 3 warning signs investors should review.

KONE Oyj's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €292 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €1,393 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. KONE Oyj's annualized ROC % for the quarter that ended in Mar. 2026 was 11.33%. KONE Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 123.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. KONE Oyj's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.41%.

KONE Oyj  (FRA:KC4) EBIT Explanation

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

KONE Oyj's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1132 * ( 1 - 23.01% )/( (7453.9 + 7925.6)/ 2 )
=871.5268/7689.75
=11.33 %

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))
=9052 - 1189.8 - ( 1698.9 - max(0, 5273.1 - 5681.4+1698.9))
=7453.9

Invested Capital(Q: Mar. 2026 )
=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))
=8828.5 - 1172.8 - ( 410.3 - max(0, 5704.5 - 5434.6+410.3))
=7925.6

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

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

KONE Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1169.2/( ( (942.5 + max(-1537.1, 0)) + (958.4 + max(-323.5, 0)) )/ 2 )
=1169.2/( ( 942.5 + 958.4 )/ 2 )
=1169.2/950.45
=123.02 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2350.7 + 826.7 + 215.3) - (1189.8 + 0 + 3740)
=-1537.1

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2420.2 + 853.8 + 1750.3) - (1172.8 + 0 + 4175)
=-323.5

When net working capital is negative, 0 is used.

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

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

KONE Oyj's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1393.4/25742.947
=5.41 %

* 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.

KONE Oyj EBIT Related Terms

KONE Oyj EBIT Historical Data

* Premium members only.

The historical data trend for KONE Oyj'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.

KONE Oyj EBIT Chart

KONE Oyj 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 1,341.80 1,051.20 1,231.40 1,289.40 1,367.20

KONE Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 290.90 372.20 334.30 394.60 292.30

FRA:KC4 vs GEV, ETN, PH: EBIT Comparison

For the Specialty Industrial Machinery subindustry, KONE Oyj'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.

KONE Oyj EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, KONE Oyj's EV-to-EBIT distribution charts can be found below:

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


FRA:KC4
77GF Score
KONE Oyj FRA:KC4
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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KONE Oyj 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,393 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 €1,393 Mil mean?
KONE Oyj (FRA:KC4) has a EBIT of €1,393 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on KONE Oyj.
Is KONE Oyj's EBIT too high?
KONE Oyj's current EBIT is €1,393 Mil. Overall, KONE Oyj has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KONE Oyj's EBIT compare to GEV and ETN?
KONE Oyj's EBIT of €1,393 Mil can be compared against companies in the Industrial 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 an Industrial Products company?
A good EBIT depends on the Industrial 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 KONE Oyj. KONE Oyj's current EBIT is €1,393 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KONE Oyj stock overvalued right now?
Based on GuruFocus' analysis, KONE Oyj (FRA:KC4) is currently considered Fairly Valued. The stock's GF Value™ is €52.00, compared to a current price of €49.27 — trading 5.2% below its estimated fair value. The current EBIT is €1,393 Mil. KONE Oyj's overall GF Score™ is 77/100 with 3 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 KONE Oyj (FRA:KC4), the current EBIT is €1,393 Mil as of Mar. 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 KONE Oyj (FRA:KC4) Overvalued in 2026?

Based on GuruFocus' analysis, KONE Oyj stock appears to be undervalued. The current stock price of €49.27 is trading 5.2% below its estimated GF Value™ of €52.00. GuruFocus considers KONE Oyj to be Fairly Valued.

Key valuation signals for FRA:KC4:

  • EBIT: €1,393 Mil
  • GF Value™: €52.00 vs. price of €49.27 (5.2% below fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the FRA:KC4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

KONE Oyj Business Description

Address Keilasatama 3, P.O. Box 7, Espoo, FIN, 02150
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to closest competitors Otis, Schindler, and TK Elevator.
77GF Score

Get the complete analysis for FRA:KC4

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

€49.27
Price
€52.00
GF Value