A2A SpA (MEX:A2AN) EBIT: MXN26,369 Mil (TTM As of Mar. 2026)


MEX:A2AN A2A SpA MEX:A2AN
75 GF Score
Price MXN47.66
GF Value MXN50.08
! 2 Warning Signs
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What is A2A SpA EBIT?

A2A SpA MEX:A2AN 75 EBIT is MXN26,369 Mil as of Mar. 2026. GuruFocus rates MEX:A2AN with a GF Score™ of 75/100 and a GF Value™ of MXN50.08. The stock has 2 warning signs investors should review.

A2A SpA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN8,005 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN26,369 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. A2A SpA's annualized ROC % for the quarter that ended in Mar. 2026 was 5.58%. A2A SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. A2A SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.23%.


A2A SpA  (MEX:A2AN) EBIT Explanation

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

A2A SpA'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 )
=28185.216 * ( 1 - 31.12% )/( (323702.005 + 371744.631)/ 2 )
=19413.9767808/347723.318
=5.58 %

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))
=450838.271 - 119925.552 - ( 40122.772 - max(0, 158424.859 - 165635.573+40122.772))
=323702.005

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))
=487362.382 - 100024.156 - ( 38233.493 - max(0, 187936.174 - 203529.769+38233.493))
=371744.631

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

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

A2A SpA'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 )
=32021.072/( ( (171517.997 + max(-10331.139, 0)) + (170549.733 + max(-16719.335, 0)) )/ 2 )
=32021.072/( ( 171517.997 + 170549.733 )/ 2 )
=32021.072/171033.865
=18.72 %

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)
=(99642.785 + 6557.111 + 19882.172) - (119925.552 + 0 + 16487.655)
=-10331.139

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(112615.775 + 3919.246 + 54681.818) - (100024.156 + 0 + 87912.018)
=-16719.335

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:

A2A SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=26368.718/257700.034
=10.23 %

* 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.


A2A SpA EBIT Related Terms


A2A SpA EBIT Historical Data

* Premium members only.

The historical data trend for A2A SpA'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.

A2A SpA EBIT Chart

A2A SpA 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 15,321.76 17,637.27 19,639.78 30,420.93 27,261.56

A2A SpA Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 9,665.12 6,558.73 5,985.55 5,819.17 8,005.27

MEX:A2AN vs SRE: EBIT Comparison

For the Utilities - Diversified subindustry, A2A SpA'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.


A2A SpA EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, A2A SpA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where A2A SpA's EV-to-EBIT falls into.


MEX:A2AN
75GF Score
A2A SpA MEX:A2AN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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A2A SpA 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 MXN26,369 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 MXN26,369 Mil mean?
A2A SpA (MEX:A2AN) has a EBIT of MXN26,369 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on A2A SpA.
Is A2A SpA's EBIT too high?
A2A SpA's current EBIT is MXN26,369 Mil. Overall, A2A SpA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does A2A SpA's EBIT compare to SRE?
A2A SpA's EBIT of MXN26,369 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated 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 A2A SpA. A2A SpA's current EBIT is MXN26,369 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A2A SpA stock overvalued right now?
A2A SpA (MEX:A2AN) has a current EBIT of MXN26,369 Mil. The stock's GF Value™ is MXN50.08, compared to a current price of MXN47.66 — trading 4.8% below its estimated fair value. The current EBIT is MXN26,369 Mil. A2A SpA's overall GF Score™ is 75/100 with 2 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 A2A SpA (MEX:A2AN), the current EBIT is MXN26,369 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 A2A SpA (MEX:A2AN) Overvalued in 2026?

Based on GuruFocus' analysis, A2A SpA stock appears to be undervalued. The current stock price of MXN47.66 is trading 4.8% below its estimated GF Value™ of MXN50.08.

Key valuation signals for MEX:A2AN:

  • EBIT: MXN26,369 Mil
  • GF Value™: MXN50.08 vs. price of MXN47.66 (4.8% below fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the MEX:A2AN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A2A SpA Business Description

Address Via Lamarmora 230, Brescia, ITA, 25124
A2A SpA together with its subsidiaries is engaged in the production, sale, and distribution of electricity; sale and distribution of gas; production, distribution, and sale of heat through district heating networks, technical consultancy relating to energy efficiency certificates, waste management (from collection and sweeping to disposal) and the construction and management of integrated waste disposal plants and systems, also making these available for other operators, and integrated water cycle management.
75GF Score

Get the complete analysis for MEX:A2AN

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

MXN47.66
Price
MXN50.08
GF Value