SmarTone Telecommunications Holdings (FRA:SMA) EBIT: €87.5 Mil (TTM As of Dec. 2025)


FRA:SMA SmarTone Telecommunications Holdings Ltd FRA:SMA
46 GF Score
Price €0.52
GF Value €0.42
Valuation Modestly Overvalued
! 3 Warning Signs
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What is SmarTone Telecommunications Holdings EBIT?

SmarTone Telecommunications Holdings FRA:SMA 46 EBIT is €87.5 Mil as of Dec. 2025. GuruFocus rates FRA:SMA with a GF Score™ of 46/100 and a GF Value™ of €0.42 (Modestly Overvalued). The stock has 3 warning signs investors should review.

SmarTone Telecommunications Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €47.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €87.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SmarTone Telecommunications Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 6.35%. SmarTone Telecommunications Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 22.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SmarTone Telecommunications Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 22.35%.

SmarTone Telecommunications Holdings  (FRA:SMA) EBIT Explanation

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

SmarTone Telecommunications 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 )
=86.48 * ( 1 - 26.68% )/( (1052.167 + 945.51)/ 2 )
=63.407136/998.8385
=6.35 %

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))
=1249.092 - 144.587 - ( 224.033 - max(0, 328.447 - 380.785+224.033))
=1052.167

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))
=1245.793 - 218.346 - ( 267.265 - max(0, 343.136 - 425.073+267.265))
=945.51

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:

SmarTone Telecommunications 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 )
=94.598/( ( (427.795 + max(-143.695, 0)) + (407.441 + max(-156.322, 0)) )/ 2 )
=94.598/( ( 427.795 + 407.441 )/ 2 )
=94.598/417.618
=22.65 %

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)
=(45.74 + 9.634 + 75.237) - (144.587 + 0 + 129.719)
=-143.695

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46.144 + 20.019 + 68.987) - (218.346 + 0 + 73.126)
=-156.322

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=87.485/391.469
=22.35 %

* 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.

SmarTone Telecommunications Holdings EBIT Related Terms

SmarTone Telecommunications Holdings EBIT Historical Data

* Premium members only.

The historical data trend for SmarTone Telecommunications Holdings'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.

SmarTone Telecommunications Holdings EBIT Chart

SmarTone Telecommunications Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.69 88.45 68.78 91.02 85.21

SmarTone Telecommunications 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 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 46.09 44.33 50.07 40.19 47.30

FRA:SMA vs TMUS, VZ, T: EBIT Comparison

For the Telecom Services subindustry, SmarTone Telecommunications 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.

SmarTone Telecommunications Holdings EV-to-EBIT vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SmarTone Telecommunications Holdings's EV-to-EBIT distribution charts can be found below:

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


FRA:SMA
46GF Score
SmarTone Telecommunications Holdings Ltd FRA:SMA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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SmarTone Telecommunications 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 €87.5 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 €87.5 Mil mean?
SmarTone Telecommunications Holdings (FRA:SMA) has a EBIT of €87.5 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SmarTone Telecommunications Holdings.
Is SmarTone Telecommunications Holdings' EBIT too high?
SmarTone Telecommunications Holdings' current EBIT is €87.5 Mil. Overall, SmarTone Telecommunications Holdings has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SmarTone Telecommunications Holdings' EBIT compare to TMUS and VZ?
SmarTone Telecommunications Holdings' EBIT of €87.5 Mil can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good EBIT depends on the Telecommunication 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 SmarTone Telecommunications Holdings. SmarTone Telecommunications Holdings's current EBIT is €87.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmarTone Telecommunications Holdings stock overvalued right now?
Based on GuruFocus' analysis, SmarTone Telecommunications Holdings (FRA:SMA) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.42, compared to a current price of €0.52 — trading 22.6% above its estimated fair value. The current EBIT is €87.5 Mil. SmarTone Telecommunications Holdings' overall GF Score™ is 46/100 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 SmarTone Telecommunications Holdings (FRA:SMA), the current EBIT is €87.5 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 SmarTone Telecommunications Holdings (FRA:SMA) Overvalued in 2026?

Based on GuruFocus' analysis, SmarTone Telecommunications Holdings stock appears to be overvalued. The current stock price of €0.52 is trading 22.6% above its estimated GF Value™ of €0.42. GuruFocus considers SmarTone Telecommunications Holdings to be Modestly Overvalued.

Key valuation signals for FRA:SMA:

  • EBIT: €87.5 Mil
  • GF Value™: €0.42 vs. price of €0.52 (22.6% above fair value)
  • GF Score™: 46/100 with 3 warning signs

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

SmarTone Telecommunications Holdings Business Description

Other Exchanges 00315:Hong Kong
Address 378 Kwun Tong Road, 31st Floor, Millennium City 2, Kwun Tong, Kowloon, Hong Kong, HKG
SmarTone Telecommunications Holdings Ltd provides mobile and broadband services for household and corporate customers. The majority of overall company revenue comes from selling handsets and associated accessories. The group's customers are post-paid. It operates in one reportable segment, which is mobile telecommunications business.
46GF Score

Get the complete analysis for FRA:SMA

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

€0.52
Price
€0.42
GF Value