ENA SPA (MIL:ENA) EBIT: €-1.36 Mil (TTM As of Dec. 2025)


MIL:ENA ENA SPA MIL:ENA
51 GF Score
Price €0.73
GF Value €0.96
Valuation Modestly Undervalued
! 3 Warning Signs
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What is ENA SPA EBIT?

ENA SPA MIL:ENA 51 EBIT is €-1.36 Mil as of Dec. 2025. GuruFocus rates MIL:ENA with a GF Score™ of 51/100 and a GF Value™ of €0.96 (Modestly Undervalued). The stock has 3 warning signs investors should review.

ENA SPA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €-0.59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €-1.36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ENA SPA's annualized ROC % for the quarter that ended in Dec. 2025 was -10.39%. ENA SPA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -38.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ENA SPA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -32.32%.

ENA SPA  (MIL:ENA) EBIT Explanation

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

ENA 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 )
=-0.666 * ( 1 - 17.74% )/( (5.614 + 4.932)/ 2 )
=-0.5478516/5.273
=-10.39 %

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))
=9.248 - 0.55 - ( 3.084 - max(0, 1.452 - 7.464+3.084))
=5.614

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))
=8.805 - 1.665 - ( 2.208 - max(0, 1.693 - 7.149+2.208))
=4.932

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:

ENA 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 )
=-1.184/( ( (0.769 + max(2.188, 0)) + (0.567 + max(2.559, 0)) )/ 2 )
=-1.184/( ( 2.957 + 3.126 )/ 2 )
=-1.184/3.0415
=-38.93 %

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)
=(2.357 + 0 + 1.283) - (0.55 + 0 + 0.902)
=2.188

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.124 + 0 + 2.106) - (1.665 + 0 + 0.006)
=2.559

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:

ENA SPA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-1.357/4.198
=-32.32 %

* 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.

ENA SPA EBIT Related Terms

ENA SPA EBIT Historical Data

* Premium members only.

The historical data trend for ENA 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.

ENA SPA EBIT Chart

ENA SPA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 2.20 2.67 0.73 -3.10 -1.36

ENA SPA Semi-Annual Data
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 -0.51 -1.08 -2.03 -0.77 -0.59

MIL:ENA vs CBRE, BEKE, CSGP: EBIT Comparison

For the Real Estate Services subindustry, ENA 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.

ENA SPA EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, ENA SPA's EV-to-EBIT distribution charts can be found below:

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


MIL:ENA
51GF Score
ENA SPA MIL:ENA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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ENA 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 €-1.36 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 €-1.36 Mil mean?
ENA SPA (MIL:ENA) has a EBIT of €-1.36 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ENA SPA.
Is ENA SPA's EBIT too high?
ENA SPA's current EBIT is €-1.36 Mil. Overall, ENA SPA has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ENA SPA's EBIT compare to CBRE and BEKE?
ENA SPA's EBIT of €-1.36 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good EBIT depends on the Real Estate 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 ENA SPA. ENA SPA's current EBIT is €-1.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENA SPA stock overvalued right now?
Based on GuruFocus' analysis, ENA SPA (MIL:ENA) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.96, compared to a current price of €0.73 — trading 24% below its estimated fair value. The current EBIT is €-1.36 Mil. ENA SPA's overall GF Score™ is 51/100 with 3 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 ENA SPA (MIL:ENA), the current EBIT is €-1.36 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 ENA SPA (MIL:ENA) Overvalued in 2026?

Based on GuruFocus' analysis, ENA SPA stock appears to be undervalued. The current stock price of €0.73 is trading 24% below its estimated GF Value™ of €0.96. GuruFocus considers ENA SPA to be Modestly Undervalued.

Key valuation signals for MIL:ENA:

  • EBIT: €-1.36 Mil
  • GF Value™: €0.96 vs. price of €0.73 (24% below fair value)
  • GF Score™: 51/100 with 3 warning signs

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

ENA SPA Business Description

Address Via Lovanio 6, Milan, ITA, 20121
ENA SPA is specialized in real estate management and administration services. The company's activities include general management of condominiums, management of accounting, maintenance, energy systems, fire prevention, technical service work, third-party services and insurance policies, disputes, and claims for condominiums.
51GF Score

Get the complete analysis for MIL:ENA

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

€0.73
Price
€0.96
GF Value