Caltagirone SpA (MIL:CALT) EBIT: €368 Mil (TTM As of Dec. 2025)


MIL:CALT Caltagirone SpA MIL:CALT
71 GF Score
Price €10.12
GF Value €7.08
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Caltagirone SpA EBIT?

Caltagirone SpA MIL:CALT +0.80% 71 EBIT is €368 Mil as of Dec. 2025. GuruFocus rates MIL:CALT with a GF Score™ of 71/100 and a GF Value™ of €7.08 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Caltagirone SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €200 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €368 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Caltagirone SpA's annualized ROC % for the quarter that ended in Dec. 2025 was 6.63%. Caltagirone SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 40.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Caltagirone SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.66%.


Caltagirone SpA  (MIL:CALT) EBIT Explanation

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

Caltagirone 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 )
=345.7 * ( 1 - 26.84% )/( (3732.027 + 3901.026)/ 2 )
=252.91412/3816.5265
=6.63 %

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))
=4818.371 - 649.506 - ( 561.421 - max(0, 915.16 - 1351.998+561.421))
=3732.027

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))
=5377.219 - 876.971 - ( 844.663 - max(0, 1119.367 - 1718.589+844.663))
=3901.026

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:

Caltagirone 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 )
=400.08/( ( (999.735 + max(-147.646, 0)) + (996.543 + max(-332.413, 0)) )/ 2 )
=400.08/( ( 999.735 + 996.543 )/ 2 )
=400.08/998.139
=40.08 %

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)
=(425.924 + 229.223 + 48.822) - (649.506 + 0 + 202.109)
=-147.646

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(431.759 + 243.033 + 50.007) - (876.971 + 0 + 180.241)
=-332.413

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=367.854/2208.506
=16.66 %

* 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.


Caltagirone SpA EBIT Related Terms


Caltagirone SpA EBIT Historical Data

* Premium members only.

The historical data trend for Caltagirone 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.

Caltagirone SpA EBIT Chart

Caltagirone 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 229.22 282.80 353.68 342.68 367.85

Caltagirone 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 168.50 194.51 148.17 167.81 200.04

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

For the Building Materials subindustry, Caltagirone 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.


Caltagirone SpA EV-to-EBIT vs Building Materials Industry

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

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


MIL:CALT
71GF Score
Caltagirone SpA MIL:CALT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Caltagirone 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 €368 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 €368 Mil mean?
Caltagirone SpA (MIL:CALT) has a EBIT of €368 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Caltagirone SpA.
Is Caltagirone SpA's EBIT too high?
Caltagirone SpA's current EBIT is €368 Mil. Overall, Caltagirone SpA has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Caltagirone SpA's EBIT compare to CRH and VMC?
Caltagirone SpA's EBIT of €368 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 Caltagirone SpA. Caltagirone SpA's current EBIT is €368 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caltagirone SpA stock overvalued right now?
Based on GuruFocus' analysis, Caltagirone SpA (MIL:CALT) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.08, compared to a current price of €10.12 — trading 42.9% above its estimated fair value. The current EBIT is €368 Mil. Caltagirone SpA's overall GF Score™ is 71/100 with 6 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 Caltagirone SpA (MIL:CALT), the current EBIT is €368 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 Caltagirone SpA (MIL:CALT) Overvalued in 2026?

Based on GuruFocus' analysis, Caltagirone SpA stock appears to be overvalued. The current stock price of €10.12 is trading 42.9% above its estimated GF Value™ of €7.08. GuruFocus considers Caltagirone SpA to be Significantly Overvalued.

Key valuation signals for MIL:CALT:

  • EBIT: €368 Mil
  • GF Value™: €7.08 vs. price of €10.12 (42.9% above fair value)
  • GF Score™: 71/100 with 6 warning signs

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


Caltagirone SpA Business Description

Other Exchanges 0OIY:UKQCG:Germany
Address Via Barberini, 28, Roma, ITA, 00187
Caltagirone SpA is a holding company which owns the Group's activities in the areas of large construction projects, cement, real estate, finance, and publishing. It generates a majority of its revenue from cement. Geographically operates through the region of Italy.
71GF Score

Get the complete analysis for MIL:CALT

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

€10.12
Price
€7.08
GF Value