Pyramid AG (HAM:M3B0) EBIT: €-2.53 Mil (TTM As of Jun. 2025)


HAM:M3B0 Pyramid AG HAM:M3B0
19 GF Score
Price €1.38
! 4 Warning Signs
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What is Pyramid AG EBIT?

Pyramid AG HAM:M3B0 -1.43% 19 EBIT is €-2.53 Mil as of Jun. 2025. GuruFocus rates HAM:M3B0 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review.

Pyramid AG's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2025 was €-1.60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2025 was €-2.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pyramid AG's annualized ROC % for the quarter that ended in Jun. 2025 was -2.51%. Pyramid AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was -13.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pyramid AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was -11.52%.

Pyramid AG  (HAM:M3B0) EBIT Explanation

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

Pyramid AG's annualized ROC % for the quarter that ended in Jun. 2025 is calculated as:

ROC % (Q: Jun. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Jun. 2025 ))/ count )
=-1.578 * ( 1 - 0% )/( (65.791 + 59.982)/ 2 )
=-1.578/62.8865
=-2.51 %

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))
=80.421 - 9.536 - ( 5.094 - max(0, 27.358 - 43.705+5.094))
=65.791

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))
=73.486 - 9.581 - ( 3.923 - max(0, 23.834 - 39.205+3.923))
=59.982

Note: The Operating Income data used here is two times the semi-annual (Jun. 2025) data.

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

Pyramid AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Jun. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.192/( ( (5.441 + max(21.61, 0)) + (5.096 + max(15.5, 0)) )/ 2 )
=-3.192/( ( 27.051 + 20.596 )/ 2 )
=-3.192/23.8235
=-13.40 %

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)
=(7.998 + 23.774 + 3.96) - (9.536 + 0 + 4.586)
=21.61

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.759 + 20.105 + 4.363) - (9.581 + 0 + 4.146)
=15.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2025 )
=-2.534/21.989
=-11.52 %

* 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.

Pyramid AG EBIT Related Terms

Pyramid AG EBIT Historical Data

* Premium members only.

The historical data trend for Pyramid 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.

Pyramid AG EBIT Chart

Pyramid AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.18 -2.15 -5.55 -3.45 -1.90

Pyramid AG Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 1.29 -4.74 -0.96 -0.94 -1.60

HAM:M3B0 vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Pyramid 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.

Pyramid AG EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Pyramid AG's EV-to-EBIT distribution charts can be found below:

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


HAM:M3B0
19GF Score
Pyramid AG HAM:M3B0
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Pyramid 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 Jun. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2.53 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 €-2.53 Mil mean?
Pyramid AG (HAM:M3B0) has a EBIT of €-2.53 Mil as of Jun. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pyramid AG.
Is Pyramid AG's EBIT too high?
Pyramid AG's current EBIT is €-2.53 Mil. Overall, Pyramid AG has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Pyramid AG's EBIT compare to BLK and BX?
Pyramid AG's EBIT of €-2.53 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good EBIT depends on the Asset Management 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 Pyramid AG. Pyramid AG's current EBIT is €-2.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pyramid AG stock overvalued right now?
Pyramid AG (HAM:M3B0) has a current EBIT of €-2.53 Mil. The current EBIT is €-2.53 Mil. Pyramid AG's overall GF Score™ is 19/100 with 4 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 Pyramid AG (HAM:M3B0), the current EBIT is €-2.53 Mil as of Jun. 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.

Pyramid AG Business Description

Other Exchanges M3B0:Germany
Address Sendlinger-Tor-Platz 8, Munich, DEU, 80336
Pyramid AG Formerly mic AG is an investment company. It invests in young technology companies in the field of fiber optics, clean tech, software, microsystems and IT among others. The portfolio comprises of Aifotec AG, 3-Edge Gmbh, and FiSec Gmbh and among others. Its portfolio comprises of u-GPS Optics GmbH, a developer of a technology for three-dimensional (3D) optical measurements, Flores Solar Water GmbH, which develops a low-cost water treatment plant that uses solar thermal energy.
19GF Score

Get the complete analysis for HAM:M3B0

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

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