Easy Software AG (HAM:ESY) EBIT: €9.32 Mil (TTM As of Dec. 2025)


HAM:ESY Easy Software AG HAM:ESY
65 GF Score
Price €20.20
GF Value €16.10
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Easy Software AG EBIT?

Easy Software AG HAM:ESY +1.00% 65 EBIT is €9.32 Mil as of Dec. 2025. GuruFocus rates HAM:ESY with a GF Score™ of 65/100 and a GF Value™ of €16.10 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Easy Software AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €9.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €9.32 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Easy Software AG's annualized ROC % for the quarter that ended in Dec. 2025 was 18.91%. Easy Software AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1,555.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Easy Software AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.54%.

Easy Software AG  (HAM:ESY) EBIT Explanation

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

Easy Software AG'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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=8.506 * ( 1 - 17.39% )/( (37.798 + 36.506)/ 2 )
=7.0268066/37.152
=18.91 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=44.729 - 7.584 - ( 2.028 - max(0, 9.029 - 8.376+2.028))
=37.798

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))
=52.544 - 15.737 - ( 9.969 - max(0, 16.809 - 17.11+9.969))
=36.506

Note: The Operating Income data used here is one times the annual (Dec. 2025) data.

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

Easy Software AG'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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9.32/( ( (0.677 + max(-2.845, 0)) + (0.521 + max(-10.45, 0)) )/ 2 )
=9.32/( ( 0.677 + 0.521 )/ 2 )
=9.32/0.599
=1,555.93 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.037 + 0 + 2.147) - (7.584 + 0 + 1.445)
=-2.845

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.661 + 0 + 1.698) - (15.737 + 0 + 1.072)
=-10.45

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=9.32/142.492
=6.54 %

* 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.

Easy Software AG EBIT Related Terms

Easy Software AG EBIT Historical Data

* Premium members only.

The historical data trend for Easy Software 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.

Easy Software AG EBIT Chart

Easy Software AG 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 -7.03 1.67 4.02 5.08 9.32

Easy Software AG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 -7.03 1.67 4.02 5.08 9.32

HAM:ESY vs CRM, SHOP, UBER: EBIT Comparison

For the Software - Application subindustry, Easy Software 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.

Easy Software AG EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Easy Software AG's EV-to-EBIT distribution charts can be found below:

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


HAM:ESY
65GF Score
Easy Software AG HAM:ESY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Easy Software 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €9.32 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 €9.32 Mil mean?
Easy Software AG (HAM:ESY) has a EBIT of €9.32 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Easy Software AG.
Is Easy Software AG's EBIT too high?
Easy Software AG's current EBIT is €9.32 Mil. Overall, Easy Software AG has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Easy Software AG's EBIT compare to CRM and SHOP?
Easy Software AG's EBIT of €9.32 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 Easy Software AG. Easy Software AG's current EBIT is €9.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Easy Software AG stock overvalued right now?
Based on GuruFocus' analysis, Easy Software AG (HAM:ESY) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.10, compared to a current price of €20.20 — trading 25.5% above its estimated fair value. The current EBIT is €9.32 Mil. Easy Software AG's overall GF Score™ is 65/100 with 9 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 Easy Software AG (HAM:ESY), the current EBIT is €9.32 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 Easy Software AG (HAM:ESY) Overvalued in 2026?

Based on GuruFocus' analysis, Easy Software AG stock appears to be overvalued. The current stock price of €20.20 is trading 25.5% above its estimated GF Value™ of €16.10. GuruFocus considers Easy Software AG to be Modestly Overvalued.

Key valuation signals for HAM:ESY:

  • EBIT: €9.32 Mil
  • GF Value™: €16.10 vs. price of €20.20 (25.5% above fair value)
  • GF Score™: 65/100 with 9 warning signs

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

Easy Software AG Business Description

Address Easy Software AG, Am Hauptbahnhof 4, Mulheim An Der Ruhr, DEU, 45468
Easy Software AG is a developer and provider of software solutions for electronic document management and enterprise content management. It provides solutions for revision-proof document and data archiving for all relevant documents and records.
65GF Score

Get the complete analysis for HAM:ESY

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

€20.20
Price
€16.10
GF Value