Malta International Airport (MAL:MIA) EBIT: €79.1 Mil (TTM As of Dec. 2025)


MAL:MIA Malta International Airport PLC MAL:MIA
100 GF Score
Price €6.10
GF Value €8.01
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Malta International Airport EBIT?

Malta International Airport MAL:MIA +0.83% 100 EBIT is €79.1 Mil as of Dec. 2025. GuruFocus rates MAL:MIA with a GF Score™ of 100/100 and a GF Value™ of €8.01 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Malta International Airport's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €40.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €79.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Malta International Airport's annualized ROC % for the quarter that ended in Dec. 2025 was 14.95%. Malta International Airport's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 30.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Malta International Airport's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 9.19%.

Malta International Airport  (MAL:MIA) EBIT Explanation

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

Malta International Airport'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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=78.738 * ( 1 - 35.29% )/( (304.106 + 377.665)/ 2 )
=50.9513598/340.8855
=14.95 %

where

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))
=394.702 - 103.12 - ( 52.777 - max(0, 103.12 - 90.596+52.777))
=304.106

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))
=372.449 - 10.208 - ( 20.081 - max(0, 67.958 - 52.534+20.081))
=377.665

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

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

Malta International Airport'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: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=80.246/( ( (260.989 + max(-65.301, 0)) + (259.719 + max(-43.332, 0)) )/ 2 )
=80.246/( ( 260.989 + 259.719 )/ 2 )
=80.246/260.354
=30.82 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.328 + 1.491 + 0) - (103.12 + 0 + 0)
=-65.301

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.121 + 1.849 + 5.656) - (10.208 + 0 + 57.75)
=-43.332

When net working capital is negative, 0 is used.

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

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

Malta International Airport's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=79.059/860.013
=9.19 %

* 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.

Malta International Airport EBIT Related Terms

Malta International Airport EBIT Historical Data

* Premium members only.

The historical data trend for Malta International Airport'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.

Malta International Airport EBIT Chart

Malta International Airport 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 13.11 43.83 64.42 74.34 79.06

Malta International Airport Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 36.22 35.34 38.99 38.94 40.12

MAL:MIA vs JOBY, CAAP: EBIT Comparison

For the Airports & Air Services subindustry, Malta International Airport'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.

Malta International Airport EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Malta International Airport's EV-to-EBIT distribution charts can be found below:

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


MAL:MIA
100GF Score
Malta International Airport PLC MAL:MIA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Malta International Airport 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €79.1 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 €79.1 Mil mean?
Malta International Airport (MAL:MIA) has a EBIT of €79.1 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Malta International Airport.
Is Malta International Airport's EBIT too high?
Malta International Airport's current EBIT is €79.1 Mil. Overall, Malta International Airport has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malta International Airport's EBIT compare to JOBY and CAAP?
Malta International Airport's EBIT of €79.1 Mil can be compared against companies in the Transportation 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 Transportation company?
A good EBIT depends on the Transportation 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 Malta International Airport. Malta International Airport's current EBIT is €79.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malta International Airport stock overvalued right now?
Based on GuruFocus' analysis, Malta International Airport (MAL:MIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.01, compared to a current price of €6.10 — trading 23.8% below its estimated fair value. The current EBIT is €79.1 Mil. Malta International Airport's overall GF Score™ is 100/100 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 Malta International Airport (MAL:MIA), the current EBIT is €79.1 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 Malta International Airport (MAL:MIA) Overvalued in 2026?

Based on GuruFocus' analysis, Malta International Airport stock appears to be undervalued. The current stock price of €6.10 is trading 23.8% below its estimated GF Value™ of €8.01. GuruFocus considers Malta International Airport to be Modestly Undervalued.

Key valuation signals for MAL:MIA:

  • EBIT: €79.1 Mil
  • GF Value™: €8.01 vs. price of €6.10 (23.8% below fair value)
  • GF Score™: 100/100 with 1 warning sign

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

Malta International Airport Business Description

Address Malta International Airport, Luqa, MLT, LQA 4000
Malta International Airport PLC develops, operates, and manages Malta International Airport. Its segments include the Airport Segment, which provides services such as revenue from airport-regulated fees, aviation concessions, and persons with reduced mobility and their associated costs. This segment also includes the operations and maintenance of the terminal, runways, taxiways and aircraft parks. The Retail and Property Segment includes the operations of the various retail outlets within the airport perimeter, advertising sites and rental of offices, warehouses and income from the running of the VIP lounges. Income and costs from Airport Parking Limited, Sky Parks Business Centre Limited and Sky Parks Development Limited are also allocated within the Retail and Property Segment.
100GF Score

Get the complete analysis for MAL:MIA

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

€6.10
Price
€8.01
GF Value