Distribuzione Elettrica Adriatica SpA (MIL:DEA) EBIT: €10.60 Mil (TTM As of Dec. 2025)

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MIL:DEA Distribuzione Elettrica Adriatica SpA MIL:DEA
18 GF Score
Price €8.65
! 5 Warning Signs
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What is Distribuzione Elettrica Adriatica SpA EBIT?

Distribuzione Elettrica Adriatica SpA MIL:DEA -2.25% 18 EBIT is €10.60 Mil as of Dec. 2025. GuruFocus rates MIL:DEA with a GF Score™ of 18/100. The stock has 5 warning signs investors should review.

Distribuzione Elettrica Adriatica SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €6.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €10.60 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Distribuzione Elettrica Adriatica SpA's annualized ROC % for the quarter that ended in Dec. 2025 was 7.90%. Distribuzione Elettrica Adriatica SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 15.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Distribuzione Elettrica Adriatica SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.84%.

Distribuzione Elettrica Adriatica SpA  (MIL:DEA) EBIT Explanation

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

Distribuzione Elettrica Adriatica 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 )
=13.24 * ( 1 - 29.68% )/( (118.993 + 116.575)/ 2 )
=9.310368/117.784
=7.90 %

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))
=134.114 - 22.303 - ( 12.595 - max(0, 38.292 - 31.11+12.595))
=118.993

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))
=138.209 - 28.437 - ( 13.514 - max(0, 37.447 - 30.644+13.514))
=116.575

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:

Distribuzione Elettrica Adriatica 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 )
=12.24/( ( (78.629 + max(-19.481, 0)) + (84.514 + max(-20.45, 0)) )/ 2 )
=12.24/( ( 78.629 + 84.514 )/ 2 )
=12.24/81.5715
=15.01 %

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)
=(9.012 + 4.558 + 0.132) - (22.303 + 0 + 10.88)
=-19.481

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.235 + 3.847 + 0.155) - (28.437 + 0 + 4.25)
=-20.45

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=10.596/71.392
=14.84 %

* 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.

Distribuzione Elettrica Adriatica SpA EBIT Related Terms

Distribuzione Elettrica Adriatica SpA EBIT Historical Data

* Premium members only.

The historical data trend for Distribuzione Elettrica Adriatica 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.

Distribuzione Elettrica Adriatica SpA EBIT Chart

Distribuzione Elettrica Adriatica SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EBIT
1.62 2.88 9.60 10.60

Distribuzione Elettrica Adriatica SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial 0.00 5.64 3.96 4.48 6.12

MIL:DEA vs NEE, SO, DUK: EBIT Comparison

For the Utilities - Regulated Electric subindustry, Distribuzione Elettrica Adriatica 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.

Distribuzione Elettrica Adriatica SpA EV-to-EBIT vs Utilities - Regulated Industry

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

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


MIL:DEA
18GF Score
Distribuzione Elettrica Adriatica SpA MIL:DEA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Distribuzione Elettrica Adriatica 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 €10.60 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 €10.60 Mil mean?
Distribuzione Elettrica Adriatica SpA (MIL:DEA) has a EBIT of €10.60 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Distribuzione Elettrica Adriatica SpA.
Is Distribuzione Elettrica Adriatica SpA's EBIT too high?
Distribuzione Elettrica Adriatica SpA's current EBIT is €10.60 Mil. Overall, Distribuzione Elettrica Adriatica SpA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Distribuzione Elettrica Adriatica SpA's EBIT compare to NEE and SO?
Distribuzione Elettrica Adriatica SpA's EBIT of €10.60 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 Distribuzione Elettrica Adriatica SpA. Distribuzione Elettrica Adriatica SpA's current EBIT is €10.60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Distribuzione Elettrica Adriatica SpA stock overvalued right now?
Distribuzione Elettrica Adriatica SpA (MIL:DEA) has a current EBIT of €10.60 Mil. The current EBIT is €10.60 Mil. Distribuzione Elettrica Adriatica SpA's overall GF Score™ is 18/100 with 5 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 Distribuzione Elettrica Adriatica SpA (MIL:DEA), the current EBIT is €10.60 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.

Distribuzione Elettrica Adriatica SpA Business Description

Address Via Guazzatore no. 159, Osimo, ITA, 60027
Distribuzione Elettrica Adriatica SpA is a Italy based company. Its activity is divided into two distinct business lines dedicated, respectively, to the distribution of electricity (Distribution Electrical Energy) and public lighting (Public Lighting). In the distribution of electricity, The company deals with the activities relating to the operation, maintenance and development of medium voltage (MV) and low voltage (LV) infrastructures with the objective of allowing the transport of electricity from the substations of the distribution networks to the withdrawal points (PoD). The public lighting includes design, construction and maintenance of public lighting systems, by virtue of obtaining concessions from the relevant municipalities.
18GF Score

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

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