Corticeira Amorim SGPS (HAM:AS4) EBIT: €81.2 Mil (TTM As of Mar. 2026)


HAM:AS4 Corticeira Amorim SGPS SA HAM:AS4
61 GF Score
Price €6.25
GF Value €7.29
! 5 Warning Signs
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What is Corticeira Amorim SGPS EBIT?

Corticeira Amorim SGPS HAM:AS4 -0.48% 61 EBIT is €81.2 Mil as of Mar. 2026. GuruFocus rates HAM:AS4 with a GF Score™ of 61/100 and a GF Value™ of €7.29. The stock has 5 warning signs investors should review.

Corticeira Amorim SGPS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €23.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €81.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Corticeira Amorim SGPS's annualized ROC % for the quarter that ended in Mar. 2026 was 6.49%. Corticeira Amorim SGPS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Corticeira Amorim SGPS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.21%.


Corticeira Amorim SGPS  (HAM:AS4) EBIT Explanation

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

Corticeira Amorim SGPS'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 )
=84.732 * ( 1 - 21.76% )/( (1013.23 + 1028.277)/ 2 )
=66.2943168/1020.7535
=6.49 %

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))
=1210.903 - 122.728 - ( 74.945 - max(0, 222.293 - 686.388+74.945))
=1013.23

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))
=1214.352 - 107.67 - ( 78.405 - max(0, 221.325 - 699.104+78.405))
=1028.277

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

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

Corticeira Amorim SGPS'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 )
=91.948/( ( (423.886 + max(419.922, 0)) + (414.507 + max(387.856, 0)) )/ 2 )
=91.948/( ( 843.808 + 802.363 )/ 2 )
=91.948/823.0855
=11.17 %

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)
=(175.804 + 389.269 + 36.651) - (122.728 + 0 + 59.074)
=419.922

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(198.934 + 355.288 + 23.735) - (107.67 + 0 + 82.431)
=387.856

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:

Corticeira Amorim SGPS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=81.242/990.018
=8.21 %

* 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.


Corticeira Amorim SGPS EBIT Related Terms


Corticeira Amorim SGPS EBIT Historical Data

* Premium members only.

The historical data trend for Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS EBIT Chart

Corticeira Amorim SGPS 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 103.03 119.79 130.05 106.31 84.66

Corticeira Amorim SGPS 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 26.74 30.61 18.43 9.21 22.99

HAM:AS4 vs SSD, UFPI, BCC: EBIT Comparison

For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.


Corticeira Amorim SGPS EV-to-EBIT vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Corticeira Amorim SGPS's EV-to-EBIT falls into.


HAM:AS4
61GF Score
Corticeira Amorim SGPS SA HAM:AS4
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Corticeira Amorim SGPS 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 €81.2 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 €81.2 Mil mean?
Corticeira Amorim SGPS (HAM:AS4) has a EBIT of €81.2 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Corticeira Amorim SGPS.
Is Corticeira Amorim SGPS's EBIT too high?
Corticeira Amorim SGPS's current EBIT is €81.2 Mil. Overall, Corticeira Amorim SGPS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Corticeira Amorim SGPS's EBIT compare to SSD and UFPI?
Corticeira Amorim SGPS's EBIT of €81.2 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good EBIT depends on the Forest Products 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 Corticeira Amorim SGPS. Corticeira Amorim SGPS's current EBIT is €81.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corticeira Amorim SGPS stock overvalued right now?
Corticeira Amorim SGPS (HAM:AS4) has a current EBIT of €81.2 Mil. The stock's GF Value™ is €7.29, compared to a current price of €6.25 — trading 14.3% below its estimated fair value. The current EBIT is €81.2 Mil. Corticeira Amorim SGPS's overall GF Score™ is 61/100 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 Corticeira Amorim SGPS (HAM:AS4), the current EBIT is €81.2 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 Corticeira Amorim SGPS (HAM:AS4) Overvalued in 2026?

Based on GuruFocus' analysis, Corticeira Amorim SGPS stock appears to be undervalued. The current stock price of €6.25 is trading 14.3% below its estimated GF Value™ of €7.29.

Key valuation signals for HAM:AS4:

  • EBIT: €81.2 Mil
  • GF Value™: €7.29 vs. price of €6.25 (14.3% below fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the HAM:AS4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corticeira Amorim SGPS Business Description

Address Rua Comendador Americo Ferreira Amorim, 380, Mozelos, PRT, 4536-902
Corticeira Amorim SGPS SA is mainly engaged in the acquisition and transformation of cork into a numerous set of cork and cork-related products, which are distributed through its network of sales companies. Its business units are Amorim Florestal, Amorim Cork, and Amorim Cork Solutions. It derives the majority of the revenue from Amorim Cork segment which produces different types of existing cork stoppers. The main markets are the bottling countries, from the traditional ones like France, Italy, Germany, Spain and Portugal, to the new markets like USA, Australia, Chile, South Africa and Argentina. Geographically, its operations are spread across EU, USA, Rest of America, Australasia, Portugal, Africa, and Rest of Europe.
61GF Score

Get the complete analysis for HAM:AS4

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

€6.25
Price
€7.29
GF Value