Ivision Tech SpA (MIL:IVN) EBIT: €0.71 Mil (TTM As of Dec. 2025)


MIL:IVN Ivision Tech SpA MIL:IVN
31 GF Score
Price €1.80
GF Value €3.12
Valuation Possible Value Trap
! 2 Warning Signs
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What is Ivision Tech SpA EBIT?

Ivision Tech SpA MIL:IVN 31 EBIT is €0.71 Mil as of Dec. 2025. GuruFocus rates MIL:IVN with a GF Score™ of 31/100 and a GF Value™ of €3.12 (Possible Value Trap). The stock has 2 warning signs investors should review.

Ivision Tech SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €0.29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.71 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ivision Tech SpA's annualized ROC % for the quarter that ended in Dec. 2025 was 0.00%. Ivision Tech SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ivision Tech SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.09%.

Ivision Tech SpA  (MIL:IVN) EBIT Explanation

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

Ivision Tech 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 )
=0.698 * ( 1 - 100% )/( (23.311 + 24.679)/ 2 )
=0/23.995
=0.00 %

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))
=34.383 - 8.53 - ( 2.542 - max(0, 13.408 - 16.858+2.542))
=23.311

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))
=33.954 - 7.481 - ( 1.794 - max(0, 11.697 - 16.68+1.794))
=24.679

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:

Ivision Tech 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 )
=0.584/( ( (6.947 + max(3.661, 0)) + (6.461 + max(3.768, 0)) )/ 2 )
=0.584/( ( 10.608 + 10.229 )/ 2 )
=0.584/10.4185
=5.61 %

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)
=(6.647 + 5.858 + 0.383) - (8.53 + 0 + 0.697)
=3.661

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.524 + 6.195 + 0.562) - (7.481 + 0 + 1.032)
=3.768

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=0.711/23.042
=3.09 %

* 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.

Ivision Tech SpA EBIT Related Terms

Ivision Tech SpA EBIT Historical Data

* Premium members only.

The historical data trend for Ivision Tech 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.

Ivision Tech SpA EBIT Chart

Ivision Tech SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
0.00 0.36 0.53 0.64 0.71

Ivision Tech SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial 0.21 0.13 0.51 0.42 0.29

MIL:IVN vs NKE, DECK, ONON: EBIT Comparison

For the Footwear & Accessories subindustry, Ivision Tech 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.

Ivision Tech SpA EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ivision Tech SpA's EV-to-EBIT distribution charts can be found below:

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


MIL:IVN
31GF Score
Ivision Tech SpA MIL:IVN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ivision Tech 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 €0.71 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 €0.71 Mil mean?
Ivision Tech SpA (MIL:IVN) has a EBIT of €0.71 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ivision Tech SpA.
Is Ivision Tech SpA's EBIT too high?
Ivision Tech SpA's current EBIT is €0.71 Mil. Overall, Ivision Tech SpA has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ivision Tech SpA's EBIT compare to NKE and DECK?
Ivision Tech SpA's EBIT of €0.71 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories 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 Ivision Tech SpA. Ivision Tech SpA's current EBIT is €0.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ivision Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, Ivision Tech SpA (MIL:IVN) is currently considered Possible Value Trap. The stock's GF Value™ is €3.12, compared to a current price of €1.80 — trading 42.3% below its estimated fair value. The current EBIT is €0.71 Mil. Ivision Tech SpA's overall GF Score™ is 31/100 with 2 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 Ivision Tech SpA (MIL:IVN), the current EBIT is €0.71 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 Ivision Tech SpA (MIL:IVN) Overvalued in 2026?

Based on GuruFocus' analysis, Ivision Tech SpA stock appears to be undervalued. The current stock price of €1.80 is trading 42.3% below its estimated GF Value™ of €3.12. GuruFocus considers Ivision Tech SpA to be Possible Value Trap.

Key valuation signals for MIL:IVN:

  • EBIT: €0.71 Mil
  • GF Value™: €3.12 vs. price of €1.80 (42.3% below fair value)
  • GF Score™: 31/100 with 2 warning signs

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

Ivision Tech SpA Business Description

Other Exchanges O42:Germany
Address Via Spilimbergo, 154, Martignacco, ITA, 33035
Ivision Tech SpA is an SME active in the sector of design and production of eyeglass frames, prescription and sunglasses, in acetate and combined, representing a reality of excellence in Made in Italy manufacturing. The company operates in two divisions: iVision Eyewear and iVision R&D. iVision Eyewear is active in the design, development of prototypes, industrialization, and mass production phases of acetate eyewear, for which it uses cutting-edge machinery and software. iVision R&D is active in research and development with the aiming of applying increasingly advance technologies to eyewear.
31GF Score

Get the complete analysis for MIL:IVN

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

€1.80
Price
€3.12
GF Value