HRVFF (Harvia) EBIT: $46.8 Mil (TTM As of Mar. 2026)


HRVFF Harvia PLC HRVFF
86 GF Score
Price $46.25
GF Value $53.21
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Harvia EBIT?

Harvia HRVFF 86 EBIT is $46.8 Mil as of Mar. 2026. GuruFocus rates HRVFF with a GF Score™ of 86/100 and a GF Value™ of $53.21 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Harvia's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $15.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $46.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harvia's annualized ROC % for the quarter that ended in Mar. 2026 was 19.32%. Harvia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 64.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Harvia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.12%.


Harvia  (OTCPK:HRVFF) EBIT Explanation

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

Harvia'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 )
=59.252 * ( 1 - 23.13% )/( (244.196 + 227.244)/ 2 )
=45.5470124/235.72
=19.32 %

where

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

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

Harvia'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 )
=61.452/( ( (45.456 + max(49.722, 0)) + (44.86 + max(49.695, 0)) )/ 2 )
=61.452/( ( 95.178 + 94.555 )/ 2 )
=61.452/94.8665
=64.78 %

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)
=(24.241 + 60.981 + 2.284) - (20.559 + 0 + 17.225)
=49.722

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27.088 + 61.288 + 0.97900000000001) - (39.088 + 0 + 0.572)
=49.695

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=46.833/915.099
=5.12 %

* 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.


Harvia EBIT Related Terms


Harvia EBIT Historical Data

* Premium members only.

The historical data trend for Harvia'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.

Harvia EBIT Chart

Harvia 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 52.41 40.10 35.20 36.95 42.61

Harvia 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 13.20 8.65 10.64 12.18 15.36

HRVFF vs AS, HAS, LTH: EBIT Comparison

For the Leisure subindustry, Harvia'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.


Harvia EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Harvia's EV-to-EBIT distribution charts can be found below:

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


HRVFF
86GF Score
Harvia PLC HRVFF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Harvia 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 $46.8 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 $46.8 Mil mean?
Harvia (HRVFF) has a EBIT of $46.8 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Harvia.
Is Harvia's EBIT too high?
Harvia's current EBIT is $46.8 Mil. Overall, Harvia has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harvia's EBIT compare to AS and HAS?
Harvia's EBIT of $46.8 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good EBIT depends on the Travel & Leisure 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 Harvia. Harvia's current EBIT is $46.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvia stock overvalued right now?
Based on GuruFocus' analysis, Harvia (HRVFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $53.21, compared to a current price of $46.25 — trading 13.1% below its estimated fair value. The current EBIT is $46.8 Mil. Harvia's overall GF Score™ is 86/100 with 1 warning sign 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 Harvia (HRVFF), the current EBIT is $46.8 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 Harvia (HRVFF) Overvalued in 2026?

Based on GuruFocus' analysis, Harvia stock appears to be undervalued. The current stock price of $46.25 is trading 13.1% below its estimated GF Value™ of $53.21. GuruFocus considers Harvia to be Modestly Undervalued.

Key valuation signals for HRVFF:

  • EBIT: $46.8 Mil
  • GF Value™: $53.21 vs. price of $46.25 (13.1% below fair value)
  • GF Score™: 86/100 with 1 warning sign

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


Harvia Business Description

Address Teollisuustie 1-7, P.O. Box 12, Muurame, FIN, 40950
Harvia PLC is a sauna and spa company. The company's brands and product range are well known in the market, and the company's comprehensive product range aims to meet the needs of the international sauna and spa market, both for professionals and consumers. The group's product range includes sauna heaters, sauna rooms, infrared and steam saunas, steam showers, spa components, control units, heater stones, sauna accessories, and sauna interior solutions such as sauna benches, audio speakers, and lighting solutions.
86GF Score

Get the complete analysis for HRVFF

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

$46.25
Price
$53.21
GF Value