Frontwalker AB (NGM:FRWA B) EBIT: kr-22.45 Mil (TTM As of Mar. 2026)


NGM:FRWA B Frontwalker AB NGM:FRWA B
24 GF Score
Price kr0.61
GF Value kr0.10
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Frontwalker AB EBIT?

Frontwalker AB NGM:FRWA B -0.81% 24 EBIT is kr-22.45 Mil as of Mar. 2026. GuruFocus rates NGM:FRWA B with a GF Score™ of 24/100 and a GF Value™ of kr0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Frontwalker AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was kr-7.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was kr-22.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Frontwalker AB's annualized ROC % for the quarter that ended in Mar. 2026 was -33.28%. Frontwalker AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -790.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Frontwalker AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -8.91%.


Frontwalker AB  (NGM:FRWA B) EBIT Explanation

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

Frontwalker AB's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-28.856 * ( 1 - 0% )/( (28.056 + 145.373)/ 2 )
=-28.856/86.7145
=-33.28 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Frontwalker AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-28.796/( ( (1.155 + max(-2.203, 0)) + (6.127 + max(-4.109, 0)) )/ 2 )
=-28.796/( ( 1.155 + 6.127 )/ 2 )
=-28.796/3.641
=-790.88 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.364 + 0 + 0.996) - (4.847 + 0 + 4.716)
=-2.203

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.867 + 0 + 2.758) - (2.28 + 0 + 14.454)
=-4.109

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-22.451/252.037
=-8.91 %

* 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.


Frontwalker AB EBIT Related Terms


Frontwalker AB EBIT Historical Data

* Premium members only.

The historical data trend for Frontwalker 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.

Frontwalker AB EBIT Chart

Frontwalker AB 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 0.38 -30.74 -8.38 -23.31 -18.77

Frontwalker AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -3.52 -6.09 -4.62 -4.55 -7.20

NGM:FRWA B vs IBM, ACN, FISV: EBIT Comparison

For the Information Technology Services subindustry, Frontwalker 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.


Frontwalker AB EV-to-EBIT vs Software Industry

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

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


NGM:FRWA B
24GF Score
Frontwalker AB NGM:FRWA B
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Frontwalker 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.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-22.45 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-22.45 Mil mean?
Frontwalker AB (NGM:FRWA B) has a EBIT of kr-22.45 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Frontwalker AB.
Is Frontwalker AB's EBIT too high?
Frontwalker AB's current EBIT is kr-22.45 Mil. Overall, Frontwalker AB has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontwalker AB's EBIT compare to IBM and ACN?
Frontwalker AB's EBIT of kr-22.45 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 Frontwalker AB. Frontwalker AB's current EBIT is kr-22.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontwalker AB stock overvalued right now?
Based on GuruFocus' analysis, Frontwalker AB (NGM:FRWA B) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.10, compared to a current price of kr0.61 — trading 510% above its estimated fair value. The current EBIT is kr-22.45 Mil. Frontwalker AB's overall GF Score™ is 24/100 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 Frontwalker AB (NGM:FRWA B), the current EBIT is kr-22.45 Mil as of Mar. 2026. 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 Frontwalker AB (NGM:FRWA B) Overvalued in 2026?

Based on GuruFocus' analysis, Frontwalker AB stock appears to be overvalued. The current stock price of kr0.61 is trading 510% above its estimated GF Value™ of kr0.10. GuruFocus considers Frontwalker AB to be Significantly Overvalued.

Key valuation signals for NGM:FRWA B:

  • EBIT: kr-22.45 Mil
  • GF Value™: kr0.10 vs. price of kr0.61 (510% above fair value)
  • GF Score™: 24/100 with 5 warning signs

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


Frontwalker AB Business Description

Address Industrigatan 17, Harnosand, SWE, 856 53
Frontwalker AB offers commitments regarding developing and managing large customer-specific IT systems and enhancing resources and competence throughout all phases of the system development process.
24GF Score

Get the complete analysis for NGM:FRWA B

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

kr0.61
Price
kr0.10
GF Value