init innovation in traffic systems SE (LTS:0EWR) EBIT: €40.9 Mil (TTM As of Mar. 2026)

What is init innovation in traffic systems SE EBIT?

init innovation in traffic systems SE LTS:0EWR -2.91% 89 EBIT is €40.9 Mil as of Mar. 2026. GuruFocus rates LTS:0EWR with a GF Score™ of 89/100 and a GF Value™ of €56.05 (Modestly Undervalued). The stock has 3 warning signs investors should review.

init innovation in traffic systems SE's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €6.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €40.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. init innovation in traffic systems SE's annualized ROC % for the quarter that ended in Mar. 2026 was 7.02%. init innovation in traffic systems SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. init innovation in traffic systems SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.08%.

init innovation in traffic systems SE (LTS:0EWR) EBIT Explanation

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

init innovation in traffic systems SE'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 )
=	25.844 * ( 1 - 30.87% )	/	( (256.917	+	252.188)	/ 2 )
=	17.8659572	/	254.5525
=	7.02 %

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	))
=	311.361	-	28.966	-	( 25.478	-	max(0, 102.087	-	167.72	+	25.478	))
=	256.917

	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	))
=	329.893	-	45.095	-	( 32.61	-	max(0, 118.472	-	187.575	+	32.61	))
=	252.188

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

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

init innovation in traffic systems SE'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 )
=	26.72	/	( ( (66.033 + max(40.717, 0))	+	(64.37 + max(27.193, 0)) )	/	2 )
=	26.72	/	( ( 106.75	+	91.563 )	/	2 )
=	26.72	/	99.1565
=	26.95 %

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)
=	(44.604	+	46.743	+	13.539)	-	(28.966	+	0	+	35.203)
=	40.717

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(37.919	+	47.477	+	13.067)	-	(45.095	+	0	+	26.175)
=	27.193

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:

init innovation in traffic systems SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	40.902	/	506.495
	=	8.08 %

* 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.

init innovation in traffic systems SE EBIT Related Terms

init innovation in traffic systems SE EBIT Historical Data

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The historical data trend for init innovation in traffic systems SE's EBIT can be seen below:

init innovation in traffic systems SE EBIT Chart

init innovation in traffic systems SE Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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17.54

21.08

21.38

28.24

36.29

init innovation in traffic systems SE 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															2.07	4.55	8.74	20.94	6.68

LTS:0EWR vs IBM, ACN, FISV: EBIT Comparison

For the Information Technology Services subindustry, init innovation in traffic systems SE'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.

init innovation in traffic systems SE EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, init innovation in traffic systems SE's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where init innovation in traffic systems SE's EV-to-EBIT falls into.

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89GF Score

init innovation in traffic systems SE LTS:0EWR

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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init innovation in traffic systems SE 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 €40.9 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of €40.9 Mil mean?

init innovation in traffic systems SE (LTS:0EWR) has a EBIT of €40.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on init innovation in traffic systems SE.

Is init innovation in traffic systems SE's EBIT too high?

init innovation in traffic systems SE's current EBIT is €40.9 Mil. Overall, init innovation in traffic systems SE has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does init innovation in traffic systems SE's EBIT compare to IBM and ACN?

init innovation in traffic systems SE's EBIT of €40.9 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 init innovation in traffic systems SE. init innovation in traffic systems SE's current EBIT is €40.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is init innovation in traffic systems SE stock overvalued right now?

Based on GuruFocus' analysis, init innovation in traffic systems SE (LTS:0EWR) is currently considered Modestly Undervalued. The stock's GF Value™ is €56.05, compared to a current price of €45.00 — trading 19.7% below its estimated fair value. The current EBIT is €40.9 Mil. init innovation in traffic systems SE's overall GF Score™ is 89/100 with 3 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 init innovation in traffic systems SE (LTS:0EWR), the current EBIT is €40.9 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 init innovation in traffic systems SE (LTS:0EWR) Overvalued in 2026?

Based on GuruFocus' analysis, init innovation in traffic systems SE stock appears to be undervalued. The current stock price of €45.00 is trading 19.7% below its estimated GF Value™ of €56.05. GuruFocus considers init innovation in traffic systems SE to be Modestly Undervalued.

Key valuation signals for LTS:0EWR:

EBIT: €40.9 Mil
GF Value™: €56.05 vs. price of €45.00 (19.7% below fair value)
GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the LTS:0EWR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

init innovation in traffic systems SE Business Description

Industry Technology Software

Comparable Companies XTER:GFT FRA:D6H0 XTER:SHF XTER:ADN1 FRA:L9U FRA:CHG XTER:COK XTER:AEIN XTER:A1OS XTER:QBY0 IBM ACN NSE:TCS NSE:INFY TSE:6702 TSE:6701 NSE:HCLTECH FISV XMAD:AMS CTSH

Other Exchanges IXXd:UK IXX:Germany IXX:Austria

Address Kaeppelestrasse 4-10, Karlsruhe, BW, DEU, 76131

Website https://www.initag.com

init innovation in traffic systems SE supplies transportation telematics systems. It mainly offers integrated planning, dispatching, telematics, and ticketing solutions for buses and trains around the world. The company operates through the following divisions: INIT Integrated Systems, INIT Cloud Solutions, and INIT Passenger Intelligence. The INIT Integrated Systems division installs and operates integrated hardware and software systems for transport operators; the INIT Cloud Solutions unit offers software and data platforms; and the INIT Passenger Intelligence unit offers solutions to track, analyze, and monitor passenger movement in public transport to optimize overall public transport performance and comfort. Geographically, the company generates maximum revenue from North America.

89GF Score

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

€45.00

Price

€56.05

GF Value

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