METRO AG (HAM:B4B) EBIT: €57 Mil (TTM As of Mar. 2026)


HAM:B4B METRO AG HAM:B4B
66 GF Score
Price €7.30
GF Value €5.44
Valuation Significantly Overvalued
! 10 Warning Signs
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What is METRO AG EBIT?

METRO AG HAM:B4B 66 EBIT is €57 Mil as of Mar. 2026. GuruFocus rates HAM:B4B with a GF Score™ of 66/100 and a GF Value™ of €5.44 (Significantly Overvalued). The stock has 10 warning signs investors should review.

METRO AG's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-195 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. METRO AG's annualized ROC % for the quarter that ended in Mar. 2026 was -7.56%. METRO AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -14.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. METRO AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.94%.

METRO AG  (HAM:B4B) EBIT Explanation

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

METRO AG'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 )
=-712 * ( 1 - 0% )/( (9472 + 9352)/ 2 )
=-712/9412
=-7.56 %

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))
=12400 - 4055 - ( 1422 - max(0, 6270 - 5143+1422))
=9472

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))
=11910 - 3898 - ( 1079 - max(0, 6097 - 4757+1079))
=9352

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

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

METRO AG'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 )
=-780/( ( (5556 + max(-2549, 0)) + (5486 + max(-2419, 0)) )/ 2 )
=-780/( ( 5556 + 5486 )/ 2 )
=-780/5521
=-14.13 %

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)
=(748 + 2565 + 408) - (4055 + 0 + 2215)
=-2549

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(727 + 2540 + 411) - (3898 + 0 + 2199)
=-2419

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=57/6058.889
=0.94 %

* 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.

METRO AG EBIT Related Terms

METRO AG EBIT Historical Data

* Premium members only.

The historical data trend for METRO AG'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.

METRO AG EBIT Chart

METRO AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 264.00 55.00 809.00 170.00 155.00

METRO AG 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 -102.00 58.00 18.00 176.00 -195.00

HAM:B4B vs SYY, USFD, PFGC: EBIT Comparison

For the Food Distribution subindustry, METRO 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.

METRO AG EV-to-EBIT vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, METRO AG's EV-to-EBIT distribution charts can be found below:

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


HAM:B4B
66GF Score
METRO AG HAM:B4B
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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METRO 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €57 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 €57 Mil mean?
METRO AG (HAM:B4B) has a EBIT of €57 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on METRO AG.
Is METRO AG's EBIT too high?
METRO AG's current EBIT is €57 Mil. Overall, METRO AG has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does METRO AG's EBIT compare to SYY and USFD?
METRO AG's EBIT of €57 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good EBIT depends on the Retail - Defensive 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 METRO AG. METRO AG's current EBIT is €57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is METRO AG stock overvalued right now?
Based on GuruFocus' analysis, METRO AG (HAM:B4B) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.44, compared to a current price of €7.30 — trading 34.2% above its estimated fair value. The current EBIT is €57 Mil. METRO AG's overall GF Score™ is 66/100 with 10 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 METRO AG (HAM:B4B), the current EBIT is €57 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 METRO AG (HAM:B4B) Overvalued in 2026?

Based on GuruFocus' analysis, METRO AG stock appears to be overvalued. The current stock price of €7.30 is trading 34.2% above its estimated GF Value™ of €5.44. GuruFocus considers METRO AG to be Significantly Overvalued.

Key valuation signals for HAM:B4B:

  • EBIT: €57 Mil
  • GF Value™: €5.44 vs. price of €7.30 (34.2% above fair value)
  • GF Score™: 66/100 with 10 warning signs

No single metric tells the full story. See the HAM:B4B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

METRO AG Business Description

Address Metro-Strasse 1, Dusseldorf, NW, DEU, 40235
METRO AG is an international food wholesaler operating in more than 30 countries under the METRO and MAKRO brands, serving as the central management holding company. The company provides food and non-food products to professional customers, mainly HoReCa and Traders, through a multichannel model that combines wholesale stores, delivery services, and digital solutions. Its offerings include assortments tailored to professional needs, digital services through DISH Digital Solutions, a B2B online marketplace via METRO MARKETS, and real estate activities through METRO PROPERTIES. METRO operates through the segments Germany, West, Russia, East, and Others, which include digital units and logistics, IT, and procurement services.
66GF Score

Get the complete analysis for HAM:B4B

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

€7.30
Price
€5.44
GF Value