learnd SE (FRA:LRND) EBIT: €-1.51 Mil (TTM As of Dec. 2025)


FRA:LRND learnd SE FRA:LRND
37 GF Score
Price €2.20
GF Value €0.79
Valuation Significantly Overvalued
! 3 Warning Signs
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What is learnd SE EBIT?

learnd SE FRA:LRND +1.85% 37 EBIT is €-1.51 Mil as of Dec. 2025. GuruFocus rates FRA:LRND with a GF Score™ of 37/100 and a GF Value™ of €0.79 (Significantly Overvalued). The stock has 3 warning signs investors should review.

learnd SE's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €-8.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €-1.51 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. learnd SE's annualized ROC % for the quarter that ended in Dec. 2025 was -49.19%. learnd SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -555.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. learnd SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -5.96%.

learnd SE  (FRA:LRND) EBIT Explanation

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

learnd SE'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 )
=-15.33 * ( 1 - 0% )/( (41.183 + 21.153)/ 2 )
=-15.33/31.168
=-49.19 %

where

Invested Capital(Q: Jun. 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))
=55.019 - 14.399 - ( 3.546 - max(0, 26.525 - 25.962+3.546))
=41.183

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))
=30.266 - 2.169 - ( 6.944 - max(0, 2.493 - 10.206+6.944))
=21.153

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:

learnd SE'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 )
=-16.168/( ( (5.816 + max(-8.477, 0)) + (0 + max(-0.429, 0)) )/ 2 )
=-16.168/( ( 5.816 + 0 )/ 2 )
=-16.168/2.908
=-555.98 %

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)
=(11.253 + 0.946 + 2.289) - (14.399 + 0 + 8.566)
=-8.477

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 2.064) - (2.169 + 0 + 0.324)
=-0.429

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:

learnd SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-1.508/25.300
=-5.96 %

* 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.

learnd SE EBIT Related Terms

learnd SE EBIT Historical Data

* Premium members only.

The historical data trend for learnd SE'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.

learnd SE EBIT Chart

learnd SE Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
0.00 0.10 -56.82 5.08 -1.69

learnd SE Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only -5.81 6.39 -1.45 6.58 -8.08

FRA:LRND vs XXI, CCXI, DMII: EBIT Comparison

For the Shell Companies subindustry, learnd SE'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.

learnd SE EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, learnd SE's EV-to-EBIT distribution charts can be found below:

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


FRA:LRND
37GF Score
learnd SE FRA:LRND
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

learnd SE 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 €-1.51 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 €-1.51 Mil mean?
learnd SE (FRA:LRND) has a EBIT of €-1.51 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on learnd SE.
Is learnd SE's EBIT too high?
learnd SE's current EBIT is €-1.51 Mil. Overall, learnd SE has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does learnd SE's EBIT compare to XXI and CCXI?
learnd SE's EBIT of €-1.51 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good EBIT depends on the Diversified Financial Services 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 learnd SE. learnd SE's current EBIT is €-1.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is learnd SE stock overvalued right now?
Based on GuruFocus' analysis, learnd SE (FRA:LRND) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.79, compared to a current price of €2.20 — trading 178.5% above its estimated fair value. The current EBIT is €-1.51 Mil. learnd SE's overall GF Score™ is 37/100 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 learnd SE (FRA:LRND), the current EBIT is €-1.51 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 learnd SE (FRA:LRND) Overvalued in 2026?

Based on GuruFocus' analysis, learnd SE stock appears to be overvalued. The current stock price of €2.20 is trading 178.5% above its estimated GF Value™ of €0.79. GuruFocus considers learnd SE to be Significantly Overvalued.

Key valuation signals for FRA:LRND:

  • EBIT: €-1.51 Mil
  • GF Value™: €0.79 vs. price of €2.20 (178.5% above fair value)
  • GF Score™: 37/100 with 3 warning signs

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

learnd SE Business Description

Other Exchanges LRND:Germany
Address 5, Heienhaff, Senningerberg, Luxembourg, LUX, L-1736
learnd SE is engaged in the design, installation, service and maintenance of Building Management Systems (BMS) and Building Energy Management Systems, and the provision of associated bureau services.
37GF Score

Get the complete analysis for FRA:LRND

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

€2.20
Price
€0.79
GF Value