Nexi SpA (MIL:NEXI) EBIT: €-2,894 Mil (TTM As of Dec. 2025)


MIL:NEXI Nexi SpA MIL:NEXI
64 GF Score
Price €3.51
GF Value €5.28
Valuation Possible Value Trap
! 3 Warning Signs
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What is Nexi SpA EBIT?

Nexi SpA MIL:NEXI -0.59% 64 EBIT is €-2,894 Mil as of Dec. 2025. GuruFocus rates MIL:NEXI with a GF Score™ of 64/100 and a GF Value™ of €5.28 (Possible Value Trap). The stock has 3 warning signs investors should review.

Nexi SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €-3,241 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €-2,894 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nexi SpA's annualized ROC % for the quarter that ended in Dec. 2025 was 4.41%. Nexi SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -1,325.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nexi SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -57.83%.

Nexi SpA  (MIL:NEXI) EBIT Explanation

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

Nexi 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 )
=926 * ( 1 - 0% )/( (23393 + 18565)/ 2 )
=926/20979
=4.41 %

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))
=24762 - 1153 - ( 6623 - max(0, 7323 - 7539+6623))
=23393

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))
=20233 - 1176 - ( 5866 - max(0, 6359 - 6851+5866))
=18565

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:

Nexi 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 )
=-6482/( ( (500 + max(-5340, 0)) + (478 + max(-4374, 0)) )/ 2 )
=-6482/( ( 500 + 478 )/ 2 )
=-6482/489
=-1,325.56 %

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)
=(759 + 0 + 17) - (1153 + 0 + 4963)
=-5340

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(874 + 0 + 25) - (1176 + 0 + 4097)
=-4374

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-2894/5004.635
=-57.83 %

* 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.

Nexi SpA EBIT Related Terms

Nexi SpA EBIT Historical Data

* Premium members only.

The historical data trend for Nexi 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.

Nexi SpA EBIT Chart

Nexi SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 231.54 429.72 -535.92 678.00 -2,894.00

Nexi SpA Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -811.98 193.00 485.00 347.00 -3,241.00

MIL:NEXI vs MSFT, ORCL, PLTR: EBIT Comparison

For the Software - Infrastructure subindustry, Nexi 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.

Nexi SpA EV-to-EBIT vs Software Industry

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

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


MIL:NEXI
64GF Score
Nexi SpA MIL:NEXI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Nexi 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 €-2,894 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 €-2,894 Mil mean?
Nexi SpA (MIL:NEXI) has a EBIT of €-2,894 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nexi SpA.
Is Nexi SpA's EBIT too high?
Nexi SpA's current EBIT is €-2,894 Mil. Overall, Nexi SpA has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nexi SpA's EBIT compare to MSFT and ORCL?
Nexi SpA's EBIT of €-2,894 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 Nexi SpA. Nexi SpA's current EBIT is €-2,894 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexi SpA stock overvalued right now?
Based on GuruFocus' analysis, Nexi SpA (MIL:NEXI) is currently considered Possible Value Trap. The stock's GF Value™ is €5.28, compared to a current price of €3.51 — trading 33.5% below its estimated fair value. The current EBIT is €-2,894 Mil. Nexi SpA's overall GF Score™ is 64/100 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 Nexi SpA (MIL:NEXI), the current EBIT is €-2,894 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 Nexi SpA (MIL:NEXI) Overvalued in 2026?

Based on GuruFocus' analysis, Nexi SpA stock appears to be undervalued. The current stock price of €3.51 is trading 33.5% below its estimated GF Value™ of €5.28. GuruFocus considers Nexi SpA to be Possible Value Trap.

Key valuation signals for MIL:NEXI:

  • EBIT: €-2,894 Mil
  • GF Value™: €5.28 vs. price of €3.51 (33.5% below fair value)
  • GF Score™: 64/100 with 3 warning signs

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

Nexi SpA Business Description

Address Corso Sempione 55, Milan, ITA, 20149
Nexi is a payment services provider offering merchant acquiring, card issuing, and digital banking services across Europe. Nexi's services cover the entire payment chain excluding the card scheme. It offers its acquiring and issuing services either in partnerships with banks, providing point-of-sale terminals, processing, or issuing services on their behalf or directly to merchants.
64GF Score

Get the complete analysis for MIL:NEXI

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

€3.51
Price
€5.28
GF Value