Argo Defence Group AB (NGM:ARGO) EBIT: kr Mil (TTM As of Dec. 2025)

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NGM:ARGO Argo Defence Group AB NGM:ARGO
11 GF Score
Price kr15.90
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What is Argo Defence Group AB EBIT?

Argo Defence Group AB NGM:ARGO -3.40% 11 EBIT is kr Mil as of Dec. 2025. GuruFocus rates NGM:ARGO with a GF Score™ of 11/100.

Argo Defence Group AB's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was kr-9.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Argo Defence Group AB's annualized ROC % for the quarter that ended in Dec. 2025 was -8.73%. Argo Defence Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -208.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Argo Defence Group AB  (NGM:ARGO) EBIT Explanation

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

Argo Defence Group AB'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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-9.806 * ( 1 - 0% )/( (88.146 + 136.393)/ 2 )
=-9.806/112.2695
=-8.73 %

where

Invested Capital(Q: Dec. 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))
=112.364 - 18.52 - ( 5.698 - max(0, 30.547 - 45.94+5.698))
=88.146

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))
=177.73 - 5.051 - ( 36.286 - max(0, 30.391 - 95.059+36.286))
=136.393

Note: The Operating Income data used here is one times the annual (Dec. 2025) data.

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

Argo Defence Group AB'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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-9.297/( ( (3.697 + max(-21.473, 0)) + (5.224 + max(-4.282, 0)) )/ 2 )
=-9.297/( ( 3.697 + 5.224 )/ 2 )
=-9.297/4.4605
=-208.43 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.612 + 3.463 + -0.0010000000000048) - (18.52 + 0 + 12.027)
=-21.473

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.956 + 8.292 + 0.334) - (5.051 + 0 + 21.813)
=-4.282

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

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

Argo Defence Group AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=/346.730
= %

* 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.

Argo Defence Group AB EBIT Related Terms

Argo Defence Group AB EBIT Historical Data

* Premium members only.

The historical data trend for Argo Defence Group AB'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.

Argo Defence Group AB EBIT Chart

Argo Defence Group AB Annual Data
Trend Dec23 Dec24 Dec25
EBIT
-24.28 -6.13 -9.30

Argo Defence Group AB Semi-Annual Data
Dec23 Dec24 Dec25
EBIT -24.28 -6.13 -9.30

NGM:ARGO vs SPCX, GE, RTX: EBIT Comparison

For the Aerospace & Defense subindustry, Argo Defence Group AB'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.

Argo Defence Group AB EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Argo Defence Group AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Argo Defence Group AB's EV-to-EBIT falls into.


NGM:ARGO
11GF Score
Argo Defence Group AB NGM:ARGO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Argo Defence Group AB 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr 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 kr Mil mean?
Argo Defence Group AB (NGM:ARGO) has a EBIT of kr Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Argo Defence Group AB.
Is Argo Defence Group AB's EBIT too high?
Argo Defence Group AB's current EBIT is kr Mil. Overall, Argo Defence Group AB has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Argo Defence Group AB's EBIT compare to SPCX and GE?
Argo Defence Group AB's EBIT of kr Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense 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 Argo Defence Group AB. Argo Defence Group AB's current EBIT is kr Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Defence Group AB stock overvalued right now?
Argo Defence Group AB (NGM:ARGO) has a current EBIT of kr Mil. The current EBIT is kr Mil. Argo Defence Group AB's overall GF Score™ is 11/100. 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 Argo Defence Group AB (NGM:ARGO), the current EBIT is kr 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.

Argo Defence Group AB Business Description

Address Munkbrogatan 2, Stockholm, SWE, 111 27
Argo Defence Group AB is a defence company. The company is focused on providing materiel, technology, and system solutions to strengthen military and civil defence sectors. The company operates in three areas namely, Defence Materiel, Counter-Explosive Risk Solutions, and Airfield Operations. The Defence Materiel develops equipment and systems for national defence and civil protection; Counter-Explosive Risk Solutions handles mine clearance, risk management, and safe munitions destruction; and Airfield Operations builds technical systems for airports and high-security sites.
11GF Score

Get the complete analysis for NGM:ARGO

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

kr15.90
Price