Buzzi SpA (MIL:BZU) EBIT: €1,219 Mil (TTM As of Dec. 2025)


MIL:BZU Buzzi SpA MIL:BZU
85 GF Score
Price €46.56
GF Value €39.73
Valuation Modestly Overvalued
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What is Buzzi SpA EBIT?

Buzzi SpA MIL:BZU +2.17% 85 EBIT is €1,219 Mil as of Dec. 2025. GuruFocus rates MIL:BZU with a GF Score™ of 85/100 and a GF Value™ of €39.73 (Modestly Overvalued).

Buzzi SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €648 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €1,219 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Buzzi SpA's annualized ROC % for the quarter that ended in Dec. 2025 was 13.35%. Buzzi SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 26.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Buzzi SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.92%.


Buzzi SpA  (MIL:BZU) EBIT Explanation

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

Buzzi SpA'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 )
=1069.98 * ( 1 - 15.37% )/( (6731.521 + 6832.298)/ 2 )
=905.524074/6781.9095
=13.35 %

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))
=8667.698 - 658.067 - ( 1278.11 - max(0, 935.297 - 2974.622+1278.11))
=6731.521

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))
=8924.813 - 556.773 - ( 1535.742 - max(0, 700.79 - 3211.776+1535.742))
=6832.298

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:

Buzzi SpA'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 )
=1296.114/( ( (3903.142 + max(916.582, 0)) + (3963.199 + max(975.882, 0)) )/ 2 )
=1296.114/( ( 4819.724 + 4939.081 )/ 2 )
=1296.114/4879.4025
=26.56 %

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)
=(667.212 + 867.105 + 101.456) - (658.067 + 0 + 61.124)
=916.582

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(571.497 + 929.684 + 103.693) - (556.773 + 0 + 72.219)
=975.882

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1219.247/7204.825
=16.92 %

* 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.


Buzzi SpA EBIT Related Terms


Buzzi SpA EBIT Historical Data

* Premium members only.

The historical data trend for Buzzi 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.

Buzzi SpA EBIT Chart

Buzzi 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 677.06 633.03 1,195.25 1,142.09 1,219.25

Buzzi SpA 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 615.10 560.74 581.36 571.19 648.06

MIL:BZU vs CRH, VMC, MLM: EBIT Comparison

For the Building Materials subindustry, Buzzi 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.


Buzzi SpA EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Buzzi SpA's EV-to-EBIT distribution charts can be found below:

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


MIL:BZU
85GF Score
Buzzi SpA MIL:BZU
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Buzzi 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1,219 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 €1,219 Mil mean?
Buzzi SpA (MIL:BZU) has a EBIT of €1,219 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Buzzi SpA.
Is Buzzi SpA's EBIT too high?
Buzzi SpA's current EBIT is €1,219 Mil. Overall, Buzzi SpA has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Buzzi SpA's EBIT compare to CRH and VMC?
Buzzi SpA's EBIT of €1,219 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good EBIT depends on the Building Materials 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 Buzzi SpA. Buzzi SpA's current EBIT is €1,219 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Buzzi SpA stock overvalued right now?
Based on GuruFocus' analysis, Buzzi SpA (MIL:BZU) is currently considered Modestly Overvalued. The stock's GF Value™ is €39.73, compared to a current price of €46.56 — trading 17.2% above its estimated fair value. The current EBIT is €1,219 Mil. Buzzi SpA's overall GF Score™ is 85/100. 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 Buzzi SpA (MIL:BZU), the current EBIT is €1,219 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 Buzzi SpA (MIL:BZU) Overvalued in 2026?

Based on GuruFocus' analysis, Buzzi SpA stock appears to be overvalued. The current stock price of €46.56 is trading 17.2% above its estimated GF Value™ of €39.73. GuruFocus considers Buzzi SpA to be Modestly Overvalued.

Key valuation signals for MIL:BZU:

  • EBIT: €1,219 Mil
  • GF Value™: €39.73 vs. price of €46.56 (17.2% above fair value)
  • GF Score™: 85/100

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


Buzzi SpA Business Description

Address Via Luigi Buzzi, 6, Casale Monferrato, ITA, 15033
Buzzi SpA manufactures, distribute and sell cement, ready-mix concrete and aggregates. The company has geographical segments: Italy; Central Europe; Eastern Europe; and United States of America. It derives maximum revenue from United States of America.
85GF Score

Get the complete analysis for MIL:BZU

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

€46.56
Price
€39.73
GF Value