GEL SpA (MIL:GEL) EBIT: €0.96 Mil (TTM As of Jun. 2024)


MIL:GEL GEL SpA MIL:GEL
25 GF Score
Price €2.10
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What is GEL SpA EBIT?

GEL SpA MIL:GEL 25 EBIT is €0.96 Mil as of Jun. 2024. GuruFocus rates MIL:GEL with a GF Score™ of 25/100.

GEL SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €0.76 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €0.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GEL SpA's annualized ROC % for the quarter that ended in Jun. 2024 was 4.94%. GEL SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 13.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GEL SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.80%.

GEL SpA  (MIL:GEL) EBIT Explanation

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

GEL SpA's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=1.334 * ( 1 - 36.01% )/( (17.248 + 17.292)/ 2 )
=0.8536266/17.27
=4.94 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=21.823 - 2.491 - ( 2.084 - max(0, 9.762 - 12.543+2.084))
=17.248

Invested Capital(Q: Jun. 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))
=21.913 - 3.086 - ( 1.535 - max(0, 9.516 - 12.951+1.535))
=17.292

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

GEL SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.514/( ( (5.418 + max(6.095, 0)) + (5.22 + max(6.261, 0)) )/ 2 )
=1.514/( ( 11.513 + 11.481 )/ 2 )
=1.514/11.497
=13.17 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.349 + 3.837 + 0.495) - (2.491 + 0 + 0.095000000000001)
=6.095

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.151 + 4.739 + 0.712) - (3.086 + 0 + 0.255)
=6.261

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=0.955/16.466
=5.80 %

* 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.

GEL SpA EBIT Related Terms

GEL SpA EBIT Historical Data

* Premium members only.

The historical data trend for GEL 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.

GEL SpA EBIT Chart

GEL SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.98 1.23 0.90 0.96

GEL SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.30 0.60 0.76 0.20

MIL:GEL vs VLTO, ZWS, FSS: EBIT Comparison

For the Pollution & Treatment Controls subindustry, GEL 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.

GEL SpA EV-to-EBIT vs Industrial Products Industry

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

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


MIL:GEL
25GF Score
GEL SpA MIL:GEL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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GEL 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.96 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 €0.96 Mil mean?
GEL SpA (MIL:GEL) has a EBIT of €0.96 Mil as of Jun. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on GEL SpA.
Is GEL SpA's EBIT too high?
GEL SpA's current EBIT is €0.96 Mil. Overall, GEL SpA has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does GEL SpA's EBIT compare to VLTO and ZWS?
GEL SpA's EBIT of €0.96 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good EBIT depends on the Industrial Products 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 GEL SpA. GEL SpA's current EBIT is €0.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEL SpA stock overvalued right now?
GEL SpA (MIL:GEL) has a current EBIT of €0.96 Mil. The current EBIT is €0.96 Mil. GEL SpA's overall GF Score™ is 25/100. 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 GEL SpA (MIL:GEL), the current EBIT is €0.96 Mil as of Jun. 2024. 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.

GEL SpA Business Description

Address Via Enzo Ferrari 1, Castelfidardo, ITA, 60022
GEL SpA is an Italian company engaged in the business of designing and manufacturing products to treat water. The company offers filters, disinfectants, softeners, dosers, mud removers, conditioners, and other water treatment products to its clients. In addition, it provides water treatment services for the following divisions; Medical, Food, and Mobile Installations. Desalination services and leachate treatment services are also provided by the company.
25GF Score

Get the complete analysis for MIL:GEL

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

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