Bursa De Valori Bucuresti (FRA:N0N) EBIT: €4.34 Mil (TTM As of Mar. 2026)

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FRA:N0N Bursa De Valori Bucuresti SA FRA:N0N
72 GF Score
Price €16.60
GF Value €9.42
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Bursa De Valori Bucuresti EBIT?

Bursa De Valori Bucuresti FRA:N0N -2.35% 72 EBIT is €4.34 Mil as of Mar. 2026. GuruFocus rates FRA:N0N with a GF Score™ of 72/100 and a GF Value™ of €9.42 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Bursa De Valori Bucuresti's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €1.88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €4.34 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bursa De Valori Bucuresti's annualized ROC % for the quarter that ended in Mar. 2026 was 25.26%. Bursa De Valori Bucuresti's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 89.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bursa De Valori Bucuresti's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.83%.


Bursa De Valori Bucuresti  (FRA:N0N) EBIT Explanation

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

Bursa De Valori Bucuresti'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 )
=6.272 * ( 1 - 23.88% )/( (17.673 + 20.122)/ 2 )
=4.7742464/18.8975
=25.26 %

where

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

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

Bursa De Valori Bucuresti'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 )
=7.512/( ( (8.535 + max(-0.797, 0)) + (8.324 + max(-4.46, 0)) )/ 2 )
=7.512/( ( 8.535 + 8.324 )/ 2 )
=7.512/8.4295
=89.12 %

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)
=(1.71 + 0 + 4.538) - (5.757 + 0 + 1.288)
=-0.797

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.223 + 0 + 5.073) - (9.871 + 0 + 1.885)
=-4.46

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:

Bursa De Valori Bucuresti's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=4.343/153.359
=2.83 %

* 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.


Bursa De Valori Bucuresti EBIT Related Terms


Bursa De Valori Bucuresti EBIT Historical Data

* Premium members only.

The historical data trend for Bursa De Valori Bucuresti'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.

Bursa De Valori Bucuresti EBIT Chart

Bursa De Valori Bucuresti 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 1.29 2.44 5.98 3.22 2.32

Bursa De Valori Bucuresti 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 -0.15 0.58 1.14 0.74 1.88

FRA:N0N vs SPGI, CME, ICE: EBIT Comparison

For the Financial Data & Stock Exchanges subindustry, Bursa De Valori Bucuresti'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.


Bursa De Valori Bucuresti EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bursa De Valori Bucuresti's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bursa De Valori Bucuresti's EV-to-EBIT falls into.


FRA:N0N
72GF Score
Bursa De Valori Bucuresti SA FRA:N0N
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Bursa De Valori Bucuresti 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 €4.34 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 €4.34 Mil mean?
Bursa De Valori Bucuresti (FRA:N0N) has a EBIT of €4.34 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bursa De Valori Bucuresti.
Is Bursa De Valori Bucuresti's EBIT too high?
Bursa De Valori Bucuresti's current EBIT is €4.34 Mil. Overall, Bursa De Valori Bucuresti has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bursa De Valori Bucuresti's EBIT compare to SPGI and CME?
Bursa De Valori Bucuresti's EBIT of €4.34 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good EBIT depends on the Capital Markets 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 Bursa De Valori Bucuresti. Bursa De Valori Bucuresti's current EBIT is €4.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa De Valori Bucuresti stock overvalued right now?
Based on GuruFocus' analysis, Bursa De Valori Bucuresti (FRA:N0N) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.42, compared to a current price of €16.60 — trading 76.2% above its estimated fair value. The current EBIT is €4.34 Mil. Bursa De Valori Bucuresti's overall GF Score™ is 72/100 with 5 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 Bursa De Valori Bucuresti (FRA:N0N), the current EBIT is €4.34 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 Bursa De Valori Bucuresti (FRA:N0N) Overvalued in 2026?

Based on GuruFocus' analysis, Bursa De Valori Bucuresti stock appears to be overvalued. The current stock price of €16.60 is trading 76.2% above its estimated GF Value™ of €9.42. GuruFocus considers Bursa De Valori Bucuresti to be Significantly Overvalued.

Key valuation signals for FRA:N0N:

  • EBIT: €4.34 Mil
  • GF Value™: €9.42 vs. price of €16.60 (76.2% above fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the FRA:N0N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bursa De Valori Bucuresti Business Description

Other Exchanges BVB:Romania
Address 4-8 Nicolae Titulescu Avenue, 1st Floor, East Wing, America House Building, District 1, Bucharest, ROU, 011141
Bursa De Valori Bucuresti SA is engaged in the management and operation of financial markets. The company operates through four business segments, including Capital Markets, Post-trading Services, Registry Services, and CCP.RO Services. The Capital Markets segment involves trading in securities and financial instruments on regulated markets. Post-trading Services include services provided after the completion of transactions until funds are received and securities are transferred to portfolios. Registry Services involve maintaining and updating shareholder registers for listed companies. CCP.RO Services relate to the implementation and operation of central counterparty activities. The majority of the company's revenue is generated from Capital Markets trading services.
72GF Score

Get the complete analysis for FRA:N0N

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

€16.60
Price
€9.42
GF Value