PEH Wertpapier AG (FRA:PEH) EBIT: €13.8 Mil (TTM As of Dec. 2025)

What is PEH Wertpapier AG EBIT?

PEH Wertpapier AG FRA:PEH +0.69% 72 EBIT is €13.8 Mil as of Dec. 2025. GuruFocus rates FRA:PEH with a GF Score™ of 72/100 and a GF Value™ of €57.37 (Significantly Undervalued). The stock has 2 warning signs investors should review.

PEH Wertpapier AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €7.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €13.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PEH Wertpapier AG's annualized ROC % for the quarter that ended in Dec. 2025 was 47.47%. PEH Wertpapier AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 273.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PEH Wertpapier AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 48.10%.

PEH Wertpapier AG (FRA:PEH) EBIT Explanation

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

PEH Wertpapier 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 )
=	13.438 * ( 1 - 25.58% )	/	( (19.084	+	23.046)	/ 2 )
=	10.0005596	/	21.065
=	47.47 %

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	))
=	58.854	-	14.24	-	( 27.738	-	max(0, 23.612	-	49.142	+	27.738	))
=	19.084

	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	))
=	92.112	-	43.864	-	( 27.945	-	max(0, 54.258	-	79.46	+	27.945	))
=	23.046

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:

PEH Wertpapier 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 )
=	15.298	/	( ( (5.905 + max(-0.869, 0))	+	(5.297 + max(-1.486, 0)) )	/	2 )
=	15.298	/	( ( 5.905	+	5.297 )	/	2 )
=	15.298	/	5.601
=	273.13 %

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)
=	(18.239	+	0	+	3.165)	-	(14.24	+	0	+	8.033)
=	-0.869

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(50.054	+	0	+	1.461)	-	(43.864	+	0	+	9.137)
=	-1.486

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	13.837	/	28.767
	=	48.10 %

* 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.

PEH Wertpapier AG EBIT Related Terms

PEH Wertpapier AG EBIT Historical Data

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The historical data trend for PEH Wertpapier AG's EBIT can be seen below:

PEH Wertpapier AG EBIT Chart

PEH Wertpapier AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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13.55

10.10

10.07

10.68

13.84

PEH Wertpapier 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															4.59	5.75	4.94	6.19	7.65

FRA:PEH vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, PEH Wertpapier 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.

PEH Wertpapier AG EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PEH Wertpapier AG's EV-to-EBIT distribution charts can be found below:

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

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72GF Score

PEH Wertpapier AG FRA:PEH

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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PEH Wertpapier 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 €13.8 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of €13.8 Mil mean?

PEH Wertpapier AG (FRA:PEH) has a EBIT of €13.8 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PEH Wertpapier AG.

Is PEH Wertpapier AG's EBIT too high?

PEH Wertpapier AG's current EBIT is €13.8 Mil. Overall, PEH Wertpapier AG has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does PEH Wertpapier AG's EBIT compare to BLK and BX?

PEH Wertpapier AG's EBIT of €13.8 Mil can be compared against companies in the Asset Management 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 Asset Management company?

A good EBIT depends on the Asset Management 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 PEH Wertpapier AG. PEH Wertpapier AG's current EBIT is €13.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is PEH Wertpapier AG stock overvalued right now?

Based on GuruFocus' analysis, PEH Wertpapier AG (FRA:PEH) is currently considered Significantly Undervalued. The stock's GF Value™ is €57.37, compared to a current price of €29.00 — trading 49.5% below its estimated fair value. The current EBIT is €13.8 Mil. PEH Wertpapier AG's overall GF Score™ is 72/100 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 PEH Wertpapier AG (FRA:PEH), the current EBIT is €13.8 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 PEH Wertpapier AG (FRA:PEH) Overvalued in 2026?

Based on GuruFocus' analysis, PEH Wertpapier AG stock appears to be undervalued. The current stock price of €29.00 is trading 49.5% below its estimated GF Value™ of €57.37. GuruFocus considers PEH Wertpapier AG to be Significantly Undervalued.

Key valuation signals for FRA:PEH:

EBIT: €13.8 Mil
GF Value™: €57.37 vs. price of €29.00 (49.5% below fair value)
GF Score™: 72/100 with 2 warning signs

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

PEH Wertpapier AG Business Description

Industry Financial Services Asset Management

Comparable Companies XTER:SVE FRA:2INV FRA:UCA1 FRA:CPX HAM:GBQ XTER:PZS HAM:IRPA FRA:LEH HAM:C9T HAM:LSNA BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP

Other Exchanges PEH:Germany

Address Bettinastrasse 57-59, Frankfurt, HE, DEU, 60325

Website https://www.peh.de

PEH Wertpapier AG is an independent financial service provider in German-speaking countries. It offers asset management for private clients as well as special products and investment solutions for institutional investors. The various services offered by the company include asset management, wealth planning, general consultation, and foundation management. Additionally, it also operates various investment funds to cater to the demands of long-term investors who want to benefit from the growth opportunities of equity markets. The group is divided into three segments: PEH Asset Management, PEH Administration/Service segment, which generates maximum revenue, and PEH Sales. Geographically, it derives maximum revenue from Luxembourg, and the rest from Germany.

72GF Score

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

€29.00

Price

€57.37

GF Value

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