Energy Time SpA (MIL:ET) EBIT: € Mil (TTM As of Dec. 2025)


MIL:ET Energy Time SpA MIL:ET
18 GF Score
Price €6.95
! 3 Warning Signs
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What is Energy Time SpA EBIT?

Energy Time SpA MIL:ET 18 EBIT is € Mil as of Dec. 2025. GuruFocus rates MIL:ET with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

Energy Time SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €4.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Energy Time SpA's annualized ROC % for the quarter that ended in Dec. 2025 was 36.91%. Energy Time SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 66.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Energy Time SpA  (MIL:ET) EBIT Explanation

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

Energy Time 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 )
=8.312 * ( 1 - 32.03% )/( (13.951 + 16.661)/ 2 )
=5.6496664/15.306
=36.91 %

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))
=16.339 - 2.342 - ( 0.046 - max(0, 7.738 - 12.947+0.046))
=13.951

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))
=33.787 - 14.79 - ( 2.336 - max(0, 16.22 - 29.409+2.336))
=16.661

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:

Energy Time 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 )
=8.276/( ( (2.155 + max(9.83, 0)) + (2.584 + max(10.229, 0)) )/ 2 )
=8.276/( ( 11.985 + 12.813 )/ 2 )
=8.276/12.399
=66.75 %

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)
=(3.778 + 5.454 + 3.628) - (2.342 + 0 + 0.688)
=9.83

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.496 + 7.74 + 1.92) - (14.79 + 0 + 0.137)
=10.229

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=/54.369
= %

* 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.

Energy Time SpA EBIT Related Terms

Energy Time SpA EBIT Historical Data

* Premium members only.

The historical data trend for Energy Time 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.

Energy Time SpA EBIT Chart

Energy Time SpA Annual Data
Trend Dec24 Dec25
EBIT
2.79 4.43

Energy Time SpA Semi-Annual Data
Dec24 Jun25 Dec25
EBIT 0.00 0.29 4.14

MIL:ET vs FSLR, NXT, ENPH: EBIT Comparison

For the Solar subindustry, Energy Time 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.

Energy Time SpA EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Energy Time SpA's EV-to-EBIT distribution charts can be found below:

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


MIL:ET
18GF Score
Energy Time SpA MIL:ET
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Energy Time 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 € 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 € Mil mean?
Energy Time SpA (MIL:ET) has a EBIT of € Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Energy Time SpA.
Is Energy Time SpA's EBIT too high?
Energy Time SpA's current EBIT is € Mil. Overall, Energy Time SpA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Energy Time SpA's EBIT compare to FSLR and NXT?
Energy Time SpA's EBIT of € Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good EBIT depends on the Semiconductors 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 Energy Time SpA. Energy Time SpA's current EBIT is € Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Time SpA stock overvalued right now?
Energy Time SpA (MIL:ET) has a current EBIT of € Mil. The current EBIT is € Mil. Energy Time SpA's overall GF Score™ is 18/100 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 Energy Time SpA (MIL:ET), the current EBIT is € 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.

Energy Time SpA Business Description

Other Exchanges C7W:Germany
Address Via Arturo Giovannitt, Campobasso, ITA, 86100
Energy Time SpA provides renewable energy solutions, specializing in the design, procurement, installation, and maintenance of solar photovoltaic, and thermal systems, heat pumps, cogeneration, and energy-efficiency services.
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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