Borussia Dortmund GmbH KGaA (HAM:BVB) EBIT: €10.4 Mil (TTM As of Mar. 2026)


HAM:BVB Borussia Dortmund GmbH & Co KGaA HAM:BVB
65 GF Score
Price €2.99
GF Value €3.50
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Borussia Dortmund GmbH KGaA EBIT?

Borussia Dortmund GmbH KGaA HAM:BVB -1.16% 65 EBIT is €10.4 Mil as of Mar. 2026. GuruFocus rates HAM:BVB with a GF Score™ of 65/100 and a GF Value™ of €3.50 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Borussia Dortmund GmbH KGaA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-13.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €10.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Borussia Dortmund GmbH KGaA's annualized ROC % for the quarter that ended in Mar. 2026 was -9.05%. Borussia Dortmund GmbH KGaA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -26.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Borussia Dortmund GmbH KGaA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.12%.

Borussia Dortmund GmbH KGaA  (HAM:BVB) EBIT Explanation

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

Borussia Dortmund GmbH KGaA'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 )
=-57.744 * ( 1 - 10.18% )/( (579.296 + 567.453)/ 2 )
=-51.8656608/573.3745
=-9.05 %

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))
=622.464 - 100.979 - ( 8.401 - max(0, 177.214 - 119.403+8.401))
=579.296

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))
=615.393 - 98.557 - ( 9.247 - max(0, 181.118 - 130.501+9.247))
=567.453

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

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

Borussia Dortmund GmbH KGaA'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 )
=-53.104/( ( (202 + max(-63.715, 0)) + (200.127 + max(-57.448, 0)) )/ 2 )
=-53.104/( ( 202 + 200.127 )/ 2 )
=-53.104/201.0635
=-26.41 %

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)
=(85.695 + 10.145 + 15.162) - (100.979 + 0 + 73.738)
=-63.715

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(99.997 + 10.554 + 10.703) - (98.557 + 0 + 80.145)
=-57.448

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:

Borussia Dortmund GmbH KGaA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=10.4/333.475
=3.12 %

* 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.

Borussia Dortmund GmbH KGaA EBIT Related Terms

Borussia Dortmund GmbH KGaA EBIT Historical Data

* Premium members only.

The historical data trend for Borussia Dortmund GmbH KGaA'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.

Borussia Dortmund GmbH KGaA EBIT Chart

Borussia Dortmund GmbH KGaA 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 -71.73 -24.81 20.48 53.85 16.77

Borussia Dortmund GmbH KGaA 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 6.68 -3.79 28.90 -1.43 -13.28

HAM:BVB vs NFLX, DIS, WBD: EBIT Comparison

For the Entertainment subindustry, Borussia Dortmund GmbH KGaA'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.

Borussia Dortmund GmbH KGaA EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Borussia Dortmund GmbH KGaA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Borussia Dortmund GmbH KGaA's EV-to-EBIT falls into.


HAM:BVB
65GF Score
Borussia Dortmund GmbH & Co KGaA HAM:BVB
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Borussia Dortmund GmbH KGaA 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 €10.4 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 €10.4 Mil mean?
Borussia Dortmund GmbH KGaA (HAM:BVB) has a EBIT of €10.4 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Borussia Dortmund GmbH KGaA.
Is Borussia Dortmund GmbH KGaA's EBIT too high?
Borussia Dortmund GmbH KGaA's current EBIT is €10.4 Mil. Overall, Borussia Dortmund GmbH KGaA has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Borussia Dortmund GmbH KGaA's EBIT compare to NFLX and DIS?
Borussia Dortmund GmbH KGaA's EBIT of €10.4 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good EBIT depends on the Media - Diversified 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 Borussia Dortmund GmbH KGaA. Borussia Dortmund GmbH KGaA's current EBIT is €10.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borussia Dortmund GmbH KGaA stock overvalued right now?
Based on GuruFocus' analysis, Borussia Dortmund GmbH KGaA (HAM:BVB) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.50, compared to a current price of €2.99 — trading 14.7% below its estimated fair value. The current EBIT is €10.4 Mil. Borussia Dortmund GmbH KGaA's overall GF Score™ is 65/100 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 Borussia Dortmund GmbH KGaA (HAM:BVB), the current EBIT is €10.4 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 Borussia Dortmund GmbH KGaA (HAM:BVB) Overvalued in 2026?

Based on GuruFocus' analysis, Borussia Dortmund GmbH KGaA stock appears to be undervalued. The current stock price of €2.99 is trading 14.7% below its estimated GF Value™ of €3.50. GuruFocus considers Borussia Dortmund GmbH KGaA to be Modestly Undervalued.

Key valuation signals for HAM:BVB:

  • EBIT: €10.4 Mil
  • GF Value™: €3.50 vs. price of €2.99 (14.7% below fair value)
  • GF Score™: 65/100 with 5 warning signs

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

Borussia Dortmund GmbH KGaA Business Description

Address Rheinlanddamm 207-209, Dortmund, NW, DEU, 44137
Borussia Dortmund GmbH & Co KGaA operates a football club. The company conducts its business through the following segments: Borussia Dortmund GmbH & Co. KGaA operates a football club that includes a professional football squad and leverages revenue potential from player transfers, catering, TV marketing, sponsorship, and ticketing. The BVB Merchandising segment consists of a separate merchandising business. The BVB Event and Catering GmbH segment conducts tours, provides and arranges event staffing services, plans and organizes, caters, and manages events of all types. The Besttravel Dortmund GmbH segment arranges travel by air, rail, and ship. The company earns the majority of its revenues from the Borussia Dortmund GmbH & Co. KGaA segment.
65GF Score

Get the complete analysis for HAM:BVB

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

€2.99
Price
€3.50
GF Value