ETI SpA (MIL:ETI) EBIT: € Mil (TTM As of Dec. 2025)

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MIL:ETI ETI SpA MIL:ETI
7 GF Score
Price €5.60
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What is ETI SpA EBIT?

ETI SpA MIL:ETI +2.75% 7 EBIT is € Mil as of Dec. 2025. GuruFocus rates MIL:ETI with a GF Score™ of 7/100.

ETI SpA's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was €0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ETI SpA's annualized ROC % for the quarter that ended in Dec. 2025 was 0.00%. ETI SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.00%.

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

ETI SpA  (MIL:ETI) EBIT Explanation

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

ETI 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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=0 * ( 1 - % )/( (7.15 + 8.745)/ 2 )
=0/7.9475
=0.00 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=10.32 - 2.31 - ( 0.86 - max(0, 7.145 - 8.313+0.86))
=7.15

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))
=13.606 - 4.148 - ( 0.713 - max(0, 10.088 - 11.057+0.713))
=8.745

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

ETI 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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (1.804 + max(3.971, 0)) + (2.267 + max(4.754, 0)) )/ 2 )
=0/( ( 5.775 + 7.021 )/ 2 )
=0/6.398
=0.00 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.877 + 2.024 + 0.361) - (2.31 + 0 + 0.981)
=3.971

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.416 + 1.092 + 0.557) - (4.148 + 0 + 1.163)
=4.754

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=/11.172
= %

* 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.

ETI SpA EBIT Related Terms

ETI SpA EBIT Historical Data

* Premium members only.

The historical data trend for ETI 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.

ETI SpA EBIT Chart

ETI SpA Annual Data
Trend Dec24 Dec25
EBIT
0.60 0.79

ETI SpA Quarterly Data
Dec24 Dec25
EBIT 0.00 0.00

MIL:ETI vs WMB, EPD, KMI: EBIT Comparison

For the Oil & Gas Midstream subindustry, ETI 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.

ETI SpA EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ETI SpA's EV-to-EBIT distribution charts can be found below:

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


MIL:ETI
7GF Score
ETI SpA MIL:ETI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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ETI 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 quarterly 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?
ETI SpA (MIL:ETI) 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 ETI SpA.
Is ETI SpA's EBIT too high?
ETI SpA's current EBIT is € Mil. Overall, ETI SpA has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does ETI SpA's EBIT compare to WMB and EPD?
ETI SpA's EBIT of € Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 ETI SpA. ETI 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 ETI SpA stock overvalued right now?
ETI SpA (MIL:ETI) has a current EBIT of € Mil. The current EBIT is € Mil. ETI SpA's overall GF Score™ is 7/100. 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 ETI SpA (MIL:ETI), 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.

ETI SpA Business Description

Industry EnergyOil & Gas
Other Exchanges C71:Germany
Address Via Cesare Battisti, 31, Brindisi, San Donaci, ITA, 72025
ETI SpA operates in the infrastructure construction sector and specializes in the construction, maintenance, and repair of fluid transport systems and related infrastructure. Its services serve the oil and gas and water sectors and include infrastructure projects for industrial facilities and naval construction.
7GF Score

Get the complete analysis for MIL:ETI

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

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