Secure Waste Infrastructure (FRA:SEP0) EBIT: €141.48 Mil (TTM As of Mar. 2026)


FRA:SEP0 Secure Waste Infrastructure Corp FRA:SEP0
50 GF Score
Price €13.80
! 7 Warning Signs
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What is Secure Waste Infrastructure EBIT?

Secure Waste Infrastructure FRA:SEP0 +0.73% 50 EBIT is €141.48 Mil as of Mar. 2026. GuruFocus rates FRA:SEP0 with a GF Score™ of 50/100. The stock has 7 warning signs investors should review.

Secure Waste Infrastructure's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €39.72 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €141.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Secure Waste Infrastructure's annualized ROC % for the quarter that ended in Mar. 2026 was 8.28%. Secure Waste Infrastructure's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Secure Waste Infrastructure's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.81%.


Secure Waste Infrastructure  (FRA:SEP0) EBIT Explanation

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

Secure Waste Infrastructure'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 )
=143.748 * ( 1 - 23.91% )/( (1259.797 + 1381.352)/ 2 )
=109.3778532/1320.5745
=8.28 %

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))
=1564.996 - 291.58 - ( 13.619 - max(0, 328.104 - 398.059+13.619))
=1259.797

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))
=1805.026 - 386.476 - ( 37.198 - max(0, 454.566 - 621.64+37.198))
=1381.352

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

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

Secure Waste Infrastructure'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 )
=158.876/( ( (939.74 + max(76.146, 0)) + (960.2 + max(137.442, 0)) )/ 2 )
=158.876/( ( 1015.886 + 1097.642 )/ 2 )
=158.876/1056.764
=15.03 %

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)
=(279.817 + 96.574 + 8.049) - (291.58 + 0 + 16.714)
=76.146

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(425.565 + 115.375 + 30.893) - (386.476 + 30.262 + 17.653)
=137.442

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:

Secure Waste Infrastructure's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=141.476/3712.257
=3.81 %

* 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.


Secure Waste Infrastructure EBIT Related Terms


Secure Waste Infrastructure EBIT Historical Data

* Premium members only.

The historical data trend for Secure Waste Infrastructure'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.

Secure Waste Infrastructure EBIT Chart

Secure Waste Infrastructure 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 -154.18 233.48 231.71 508.10 138.67

Secure Waste Infrastructure 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 39.30 37.43 9.85 54.48 39.72

FRA:SEP0 vs WM, RSG, WCN: EBIT Comparison

For the Waste Management subindustry, Secure Waste Infrastructure'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.


Secure Waste Infrastructure EV-to-EBIT vs Waste Management Industry

For the Waste Management industry and Industrials sector, Secure Waste Infrastructure's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Secure Waste Infrastructure's EV-to-EBIT falls into.


FRA:SEP0
50GF Score
Secure Waste Infrastructure Corp FRA:SEP0
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Secure Waste Infrastructure 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 €141.48 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 €141.48 Mil mean?
Secure Waste Infrastructure (FRA:SEP0) has a EBIT of €141.48 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Secure Waste Infrastructure.
Is Secure Waste Infrastructure's EBIT too high?
Secure Waste Infrastructure's current EBIT is €141.48 Mil. Overall, Secure Waste Infrastructure has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Secure Waste Infrastructure's EBIT compare to WM and RSG?
Secure Waste Infrastructure's EBIT of €141.48 Mil can be compared against companies in the Waste 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 a Waste Management company?
A good EBIT depends on the Waste 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 Secure Waste Infrastructure. Secure Waste Infrastructure's current EBIT is €141.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Waste Infrastructure stock overvalued right now?
Secure Waste Infrastructure (FRA:SEP0) has a current EBIT of €141.48 Mil. The current EBIT is €141.48 Mil. Secure Waste Infrastructure's overall GF Score™ is 50/100 with 7 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 Secure Waste Infrastructure (FRA:SEP0), the current EBIT is €141.48 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.

Secure Waste Infrastructure Business Description

Address 2300, 225 - 6th Avenue SW, Brookfield Place, Calgary, AB, CAN, T2P 1N2
Secure Waste Infrastructure Corp operates in waste management and energy infrastructure business. The company operates in two segments: Waste Management, and Energy Infrastructure. The activities of the company include buying and selling crude oil and natural gas liquid products, capturing location, and other related activities. It generates the majority of its revenue from the Waste Management segment which includes a network of waste processing facilities, produced water pipelines, industrial landfills, and others. Energy Infrastructure includes a network of crude oil gathering pipelines, terminals, and storage facilities.
50GF Score

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

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