Mare Engineering Group SpA (MIL:MARE) EBIT: €-5.28 Mil (TTM As of Dec. 2025)


MIL:MARE Mare Engineering Group SpA MIL:MARE
12 GF Score
Price €3.87
! 6 Warning Signs
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What is Mare Engineering Group SpA EBIT?

Mare Engineering Group SpA MIL:MARE -0.77% 12 EBIT is €-5.28 Mil as of Dec. 2025. GuruFocus rates MIL:MARE with a GF Score™ of 12/100. The stock has 6 warning signs investors should review.

Mare Engineering Group SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €-4.67 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €-5.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mare Engineering Group SpA's annualized ROC % for the quarter that ended in Dec. 2025 was -3.96%. Mare Engineering Group SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -45.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mare Engineering Group SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -4.11%.

Mare Engineering Group SpA  (MIL:MARE) EBIT Explanation

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

Mare Engineering Group 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 )
=-5.02 * ( 1 - 9.98% )/( (97.416 + 130.972)/ 2 )
=-4.519004/114.194
=-3.96 %

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))
=132.503 - 24.494 - ( 10.593 - max(0, 46.439 - 76.057+10.593))
=97.416

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))
=226.098 - 41.622 - ( 56.074 - max(0, 72.757 - 126.261+56.074))
=130.972

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:

Mare Engineering Group 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 )
=-9.342/( ( (3.096 + max(22.786, 0)) + (15.158 + max(-7.075, 0)) )/ 2 )
=-9.342/( ( 25.882 + 15.158 )/ 2 )
=-9.342/20.52
=-45.53 %

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)
=(28.521 + 18.003 + 3.194) - (24.494 + 0 + 2.438)
=22.786

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.19 + 4.496 + 1.479) - (41.622 + 0 + 2.618)
=-7.075

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-5.284/128.524
=-4.11 %

* 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.

Mare Engineering Group SpA EBIT Related Terms

Mare Engineering Group SpA EBIT Historical Data

* Premium members only.

The historical data trend for Mare Engineering Group 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.

Mare Engineering Group SpA EBIT Chart

Mare Engineering Group SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
2.73 3.79 4.89 2.32 -5.28

Mare Engineering Group SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only 4.14 1.62 0.71 -0.61 -4.67

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

For the Engineering & Construction subindustry, Mare Engineering Group 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.

Mare Engineering Group SpA EV-to-EBIT vs Construction Industry

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

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


MIL:MARE
12GF Score
Mare Engineering Group SpA MIL:MARE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Mare Engineering Group 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 €-5.28 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 €-5.28 Mil mean?
Mare Engineering Group SpA (MIL:MARE) has a EBIT of €-5.28 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mare Engineering Group SpA.
Is Mare Engineering Group SpA's EBIT too high?
Mare Engineering Group SpA's current EBIT is €-5.28 Mil. Overall, Mare Engineering Group SpA has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mare Engineering Group SpA's EBIT compare to PWR and FIX?
Mare Engineering Group SpA's EBIT of €-5.28 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 Mare Engineering Group SpA. Mare Engineering Group SpA's current EBIT is €-5.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mare Engineering Group SpA stock overvalued right now?
Mare Engineering Group SpA (MIL:MARE) has a current EBIT of €-5.28 Mil. The current EBIT is €-5.28 Mil. Mare Engineering Group SpA's overall GF Score™ is 12/100 with 6 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 Mare Engineering Group SpA (MIL:MARE), the current EBIT is €-5.28 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.

Mare Engineering Group SpA Business Description

Other Exchanges EZ3:Germany
Address Via ex Aeroporto, snc, c/o Il Sole Consortium, Lot XI, Pomigliano d'Arc, Naples, ITA, 80038
Mare Engineering Group SpA is an engineering consultancy company that has an objective to deliver engineering services to large companies.
12GF Score

Get the complete analysis for MIL:MARE

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

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