LEGT (Legato Merger III) EBIT: $-1.09 Mil (TTM As of Feb. 2026)

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LEGT Legato Merger Corp III LEGT
17 GF Score
Price $9.52
! 1 Warning Sign
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What is Legato Merger III EBIT?

Legato Merger III LEGT 17 EBIT is $-1.09 Mil as of Feb. 2026. GuruFocus rates LEGT with a GF Score™ of 17/100. The stock has 1 warning sign investors should review.

Legato Merger III's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2026 was $-0.36 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was $-1.09 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Legato Merger III's annualized ROC % for the quarter that ended in Feb. 2026 was -0.65%. Legato Merger III's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -8,925.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Legato Merger III's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -0.51%.

Legato Merger III  (AMEX:LEGT) EBIT Explanation

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

Legato Merger III's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=-1.428 * ( 1 - 0% )/( (218.972 + 220.893)/ 2 )
=-1.428/219.9325
=-0.65 %

where

Invested Capital(Q: Nov. 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))
=219.812 - 0 - ( 0.84 - max(0, 0 - 0.872+0.84))
=218.972

Invested Capital(Q: Feb. 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))
=221.412 - 0 - ( 0.519 - max(0, 0 - 0.519+0.519))
=220.893

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

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

Legato Merger III's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.428/( ( (0 + max(0.032, 0)) + (0 + max(0, 0)) )/ 2 )
=-1.428/( ( 0.032 + 0 )/ 2 )
=-1.428/0.016
=-8,925.00 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.032) - (0 + 0 + 0)
=0.032

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

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

Legato Merger III's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=-1.087/214.309
=-0.51 %

* 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.

Legato Merger III EBIT Related Terms

Legato Merger III EBIT Historical Data

* Premium members only.

The historical data trend for Legato Merger III'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.

Legato Merger III EBIT Chart

Legato Merger III Annual Data
Trend Nov23 Nov24 Nov25
EBIT
0.00 -0.67 -1.04

Legato Merger III Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 -0.17 -0.27 -0.29 -0.36

LEGT vs SCII, QADR, CAQ: EBIT Comparison

For the Shell Companies subindustry, Legato Merger III'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.

Legato Merger III EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Legato Merger III's EV-to-EBIT distribution charts can be found below:

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


LEGT
17GF Score
Legato Merger Corp III LEGT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Legato Merger III 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.09 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 $-1.09 Mil mean?
Legato Merger III (LEGT) has a EBIT of $-1.09 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Legato Merger III.
Is Legato Merger III's EBIT too high?
Legato Merger III's current EBIT is $-1.09 Mil. Overall, Legato Merger III has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Legato Merger III's EBIT compare to SCII and QADR?
Legato Merger III's EBIT of $-1.09 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good EBIT depends on the Diversified Financial Services 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 Legato Merger III. Legato Merger III's current EBIT is $-1.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legato Merger III stock overvalued right now?
Legato Merger III (LEGT) has a current EBIT of $-1.09 Mil. The current EBIT is $-1.09 Mil. Legato Merger III's overall GF Score™ is 17/100 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 Legato Merger III (LEGT), the current EBIT is $-1.09 Mil as of Feb. 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.

Legato Merger III Business Description

Address 777 Third Avenue, 37th Floor, New York, NY, USA, 10017
Legato Merger Corp III is a blank check company.
17GF Score

Get the complete analysis for LEGT

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

$9.52
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