Espe SpA (MIL:ESPE) EBIT: €11.94 Mil (TTM As of Dec. 2025)


MIL:ESPE Espe SpA MIL:ESPE
14 GF Score
Price €5.94
! 7 Warning Signs
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What is Espe SpA EBIT?

Espe SpA MIL:ESPE -1.00% 14 EBIT is €11.94 Mil as of Dec. 2025. GuruFocus rates MIL:ESPE with a GF Score™ of 14/100. The stock has 7 warning signs investors should review.

Espe SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €7.83 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €11.94 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Espe SpA's annualized ROC % for the quarter that ended in Dec. 2025 was 13.29%. Espe SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 44.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Espe SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.13%.

Espe SpA  (MIL:ESPE) EBIT Explanation

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

Espe 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 )
=17.184 * ( 1 - 30.66% )/( (94.58 + 84.79)/ 2 )
=11.9153856/89.685
=13.29 %

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))
=106.23 - 8.253 - ( 3.397 - max(0, 65.675 - 95.882+3.397))
=94.58

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))
=110.29 - 22.454 - ( 3.046 - max(0, 76.634 - 96.535+3.046))
=84.79

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:

Espe 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 )
=15.668/( ( (5.869 + max(30.248, 0)) + (8.08 + max(26.859, 0)) )/ 2 )
=15.668/( ( 36.117 + 34.939 )/ 2 )
=15.668/35.528
=44.10 %

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)
=(20.383 + 65.204 + 3.766) - (8.253 + 0 + 50.852)
=30.248

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.12 + 56.698 + 4.727) - (22.454 + 0 + 43.232)
=26.859

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=11.938/90.900
=13.13 %

* 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.

Espe SpA EBIT Related Terms

Espe SpA EBIT Historical Data

* Premium members only.

The historical data trend for Espe 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.

Espe SpA EBIT Chart

Espe SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
0.22 0.50 2.85 5.96 11.94

Espe SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only 2.20 2.32 3.65 4.10 7.83

MIL:ESPE vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Espe 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.

Espe SpA EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Espe SpA's EV-to-EBIT distribution charts can be found below:

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


MIL:ESPE
14GF Score
Espe SpA MIL:ESPE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Espe 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 €11.94 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 €11.94 Mil mean?
Espe SpA (MIL:ESPE) has a EBIT of €11.94 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Espe SpA.
Is Espe SpA's EBIT too high?
Espe SpA's current EBIT is €11.94 Mil. Overall, Espe SpA has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Espe SpA's EBIT compare to PWR and FIX?
Espe SpA's EBIT of €11.94 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Espe SpA. Espe SpA's current EBIT is €11.94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Espe SpA stock overvalued right now?
Espe SpA (MIL:ESPE) has a current EBIT of €11.94 Mil. The current EBIT is €11.94 Mil. Espe SpA's overall GF Score™ is 14/100 with 7 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 Espe SpA (MIL:ESPE), the current EBIT is €11.94 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.

Espe SpA Business Description

Address Via Dell Artigianato 6, Grantorto, Padua, ITA, 35010
Espe SpA is a company which is producers of cutting edge solutions. They are born as installers of industrial electrical systems, over the years they have accumulated a rich wealth of experience, expanding its activities in the field of installation of photovoltaic systems and in the direct production of innovative technologies in the small wind, hydroelectric and biomass sectors.
14GF 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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