Pine Technology Holdings (FRA:PNY) EBIT: €-1.92 Mil (TTM As of Dec. 2025)

What is Pine Technology Holdings EBIT?

Pine Technology Holdings FRA:PNY 41 EBIT is €-1.92 Mil as of Dec. 2025. GuruFocus rates FRA:PNY with a GF Score™ of 41/100 and a GF Value™ of €0.02 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Pine Technology Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €-0.86 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €-1.92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pine Technology Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -39.81%. Pine Technology Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -55.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pine Technology Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -4.99%.

Pine Technology Holdings (FRA:PNY) EBIT Explanation

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

Pine Technology Holdings'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 )
=	-1.948 * ( 1 - 0% )	/	( (0.785	+	9.002)	/ 2 )
=	-1.948	/	4.8935
=	-39.81 %

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	))
=	8.285	-	0.043	-	( 7.569	-	max(0, 0.487	-	7.944	+	7.569	))
=	0.785

	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	))
=	10.819	-	0.015	-	( 1.802	-	max(0, 0.717	-	10.509	+	1.802	))
=	9.002

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:

Pine Technology Holdings'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 )
=	-1.722	/	( ( (0.016 + max(-0.057, 0))	+	(0 + max(6.208, 0)) )	/	2 )
=	-1.722	/	( ( 0.016	+	6.208 )	/	2 )
=	-1.722	/	3.112
=	-55.33 %

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)
=	(0.203	+	0.024	+	0.029)	-	(0.043	+	0	+	0.27)
=	-0.057

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.038	+	6.619	+	-0.00099999999999945)	-	(0.015	+	0	+	0.433)
=	6.208

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:

Pine Technology Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	-1.921	/	38.514
	=	-4.99 %

* 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.

Pine Technology Holdings EBIT Related Terms

Pine Technology Holdings EBIT Historical Data

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The historical data trend for Pine Technology Holdings's EBIT can be seen below:

Pine Technology Holdings EBIT Chart

Pine Technology Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

EBIT

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-1.63

-9.10

-13.86

5.44

-1.76

Pine Technology Holdings 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															6.14	-0.78	-0.78	-1.06	-0.86

FRA:PNY vs DELL, SNDK, ANET: EBIT Comparison

For the Computer Hardware subindustry, Pine Technology Holdings'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.

Pine Technology Holdings EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Pine Technology Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Pine Technology Holdings's EV-to-EBIT falls into.

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41GF Score

Pine Technology Holdings Ltd FRA:PNY

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

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Pine Technology Holdings 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 €-1.92 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of €-1.92 Mil mean?

Pine Technology Holdings (FRA:PNY) has a EBIT of €-1.92 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pine Technology Holdings.

Is Pine Technology Holdings' EBIT too high?

Pine Technology Holdings' current EBIT is €-1.92 Mil. Overall, Pine Technology Holdings has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Pine Technology Holdings' EBIT compare to DELL and SNDK?

Pine Technology Holdings' EBIT of €-1.92 Mil can be compared against companies in the Hardware 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 Hardware company?

A good EBIT depends on the Hardware 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 Pine Technology Holdings. Pine Technology Holdings's current EBIT is €-1.92 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pine Technology Holdings stock overvalued right now?

Based on GuruFocus' analysis, Pine Technology Holdings (FRA:PNY) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.02, compared to a current price of €0.03 — trading 27.5% above its estimated fair value. The current EBIT is €-1.92 Mil. Pine Technology Holdings' overall GF Score™ is 41/100 with 1 warning sign 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 Pine Technology Holdings (FRA:PNY), the current EBIT is €-1.92 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 Pine Technology Holdings (FRA:PNY) Overvalued in 2026?

Based on GuruFocus' analysis, Pine Technology Holdings stock appears to be overvalued. The current stock price of €0.03 is trading 27.5% above its estimated GF Value™ of €0.02. GuruFocus considers Pine Technology Holdings to be Modestly Overvalued.

Key valuation signals for FRA:PNY:

EBIT: €-1.92 Mil
GF Value™: €0.02 vs. price of €0.03 (27.5% above fair value)
GF Score™: 41/100 with 1 warning sign

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

Pine Technology Holdings Business Description

Industry Technology Hardware

Comparable Companies HKSE:02028 HKSE:08159 HKSE:06939 HKSE:09881 DELL SNDK ANET STX WDC SHSE:688041 SHSE:688795 TPE:2382 SZSE:002415 HKSE:00992 SZSE:301308 TPE:6669 SMCI IONQ P HPQ

Other Exchanges 01079:Hong Kong PNY:Germany

Address 88-98 Des Voeux Road Central, Unit B, 12th Floor, Central 88, Central, Hong Kong, HKG

Website http://www.pinegroup.com

Pine Technology Holdings Ltd engages in the sales of computer components, consumer electronic products, raw plastic materials, and the provision of computer software, hardware, and system development services. The Group operates through four main segments: Group's brand products, involving the manufacture and sales of video graphics cards and other computer components under its own brand; Other brand products, covering the distribution of third-party computer components and consumer electronic products; Trading business, focused on trading activities in the PRC; and Computer software, hardware, and system development services. The Other brand products segment is the primary revenue contributor. The company exports its products to the PRC and Hong Kong.

41GF Score

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

€0.03

Price

€0.02

GF Value

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