Technical Publications Service SpA (MIL:TPS) EBIT: €6.48 Mil (TTM As of Dec. 2025)

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MIL:TPS Technical Publications Service SpA MIL:TPS
94 GF Score
Price €8.45
GF Value €7.25
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Technical Publications Service SpA EBIT?

Technical Publications Service SpA MIL:TPS 94 EBIT is €6.48 Mil as of Dec. 2025. GuruFocus rates MIL:TPS with a GF Score™ of 94/100 and a GF Value™ of €7.25 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Technical Publications Service SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €3.38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €6.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Technical Publications Service SpA's annualized ROC % for the quarter that ended in Dec. 2025 was 20.62%. Technical Publications Service SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 37.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Technical Publications Service SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 15.28%.

Technical Publications Service SpA  (MIL:TPS) EBIT Explanation

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

Technical Publications Service 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 )
=8.782 * ( 1 - 27.43% )/( (30.037 + 31.767)/ 2 )
=6.3730974/30.902
=20.62 %

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))
=55.504 - 4.711 - ( 20.756 - max(0, 12.16 - 43.955+20.756))
=30.037

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))
=56.613 - 3.845 - ( 21.001 - max(0, 10.699 - 44.608+21.001))
=31.767

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:

Technical Publications Service 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 )
=6.768/( ( (4.749 + max(12.676, 0)) + (4.588 + max(13.979, 0)) )/ 2 )
=6.768/( ( 17.425 + 18.567 )/ 2 )
=6.768/17.996
=37.61 %

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)
=(20.808 + 0.592 + 1.799) - (4.711 + 0 + 5.812)
=12.676

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.253 + 0.446 + 1.908) - (3.845 + 0 + 5.783)
=13.979

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=6.483/42.417
=15.28 %

* 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.

Technical Publications Service SpA EBIT Related Terms

Technical Publications Service SpA EBIT Historical Data

* Premium members only.

The historical data trend for Technical Publications Service 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.

Technical Publications Service SpA EBIT Chart

Technical Publications Service 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 4.91 5.42 6.40 6.52 6.48

Technical Publications Service SpA Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 3.56 3.06 3.45 3.10 3.38

MIL:TPS vs JOBY, CAAP: EBIT Comparison

For the Airports & Air Services subindustry, Technical Publications Service 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.

Technical Publications Service SpA EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Technical Publications Service SpA's EV-to-EBIT distribution charts can be found below:

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


MIL:TPS
94GF Score
Technical Publications Service SpA MIL:TPS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Technical Publications Service 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 €6.48 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 €6.48 Mil mean?
Technical Publications Service SpA (MIL:TPS) has a EBIT of €6.48 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Technical Publications Service SpA.
Is Technical Publications Service SpA's EBIT too high?
Technical Publications Service SpA's current EBIT is €6.48 Mil. Overall, Technical Publications Service SpA has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technical Publications Service SpA's EBIT compare to JOBY and CAAP?
Technical Publications Service SpA's EBIT of €6.48 Mil can be compared against companies in the Transportation 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 Transportation company?
A good EBIT depends on the Transportation 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 Technical Publications Service SpA. Technical Publications Service SpA's current EBIT is €6.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Publications Service SpA stock overvalued right now?
Based on GuruFocus' analysis, Technical Publications Service SpA (MIL:TPS) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.25, compared to a current price of €8.45 — trading 16.6% above its estimated fair value. The current EBIT is €6.48 Mil. Technical Publications Service SpA's overall GF Score™ is 94/100 with 5 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 Technical Publications Service SpA (MIL:TPS), the current EBIT is €6.48 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 Technical Publications Service SpA (MIL:TPS) Overvalued in 2026?

Based on GuruFocus' analysis, Technical Publications Service SpA stock appears to be overvalued. The current stock price of €8.45 is trading 16.6% above its estimated GF Value™ of €7.25. GuruFocus considers Technical Publications Service SpA to be Modestly Overvalued.

Key valuation signals for MIL:TPS:

  • EBIT: €6.48 Mil
  • GF Value™: €7.25 vs. price of €8.45 (16.6% above fair value)
  • GF Score™: 94/100 with 5 warning signs

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

Technical Publications Service SpA Business Description

Address Via Lazzaretto 12/C, Gallarate, ITA, 21013
Technical Publications Service SpA provides technical publications services to the aerospace industry. The company creates logistical support, use and maintenance manuals, spare parts catalogs, after-sales support documents, etc.
94GF Score

Get the complete analysis for MIL:TPS

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

€8.45
Price
€7.25
GF Value