LightAir AB (NGM:LAIR) EBIT: kr-7.92 Mil (TTM As of Dec. 2025)

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NGM:LAIR LightAir AB NGM:LAIR
34 GF Score
Price kr0.69
GF Value kr0.28
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is LightAir AB EBIT?

LightAir AB NGM:LAIR 34 EBIT is kr-7.92 Mil as of Dec. 2025. GuruFocus rates NGM:LAIR with a GF Score™ of 34/100 and a GF Value™ of kr0.28 (Significantly Overvalued). The stock has 3 warning signs investors should review.

LightAir AB's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was kr-3.38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. LightAir AB's annualized ROC % for the quarter that ended in Dec. 2025 was -33.90%. LightAir AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -582.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. LightAir AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -112.08%.

LightAir AB  (NGM:LAIR) EBIT Explanation

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

LightAir 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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-7.004 * ( 1 - 0% )/( (22.369 + 18.958)/ 2 )
=-7.004/20.6635
=-33.90 %

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))
=27.377 - 0 - ( 6.041 - max(0, 10.335 - 15.343+6.041))
=22.369

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))
=38.955 - 0.54 - ( 19.457 - max(0, 3.599 - 26.436+19.457))
=18.958

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:

LightAir 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: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.752/( ( (0.002 + max(-1.033, 0)) + (0 + max(2.317, 0)) )/ 2 )
=-6.752/( ( 0.002 + 2.317 )/ 2 )
=-6.752/1.1595
=-582.32 %

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)
=(4.623 + 4.679 + 0) - (0 + 0 + 10.335)
=-1.033

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.106 + 2.561 + 2.249) - (0.54 + 0 + 3.059)
=2.317

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-7.915/7.062
=-112.08 %

* 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.

LightAir AB EBIT Related Terms

LightAir AB EBIT Historical Data

* Premium members only.

The historical data trend for LightAir 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.

LightAir AB EBIT Chart

LightAir 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 -20.13 -49.43 -16.32 -26.45 -7.33

LightAir AB 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 -9.12 -8.90 -17.55 -4.54 -3.38

NGM:LAIR vs VLTO, ZWS, CECO: EBIT Comparison

For the Pollution & Treatment Controls subindustry, LightAir 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.

LightAir AB EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, LightAir AB's EV-to-EBIT distribution charts can be found below:

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


NGM:LAIR
34GF Score
LightAir AB NGM:LAIR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LightAir 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-7.92 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-7.92 Mil mean?
LightAir AB (NGM:LAIR) has a EBIT of kr-7.92 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on LightAir AB.
Is LightAir AB's EBIT too high?
LightAir AB's current EBIT is kr-7.92 Mil. Overall, LightAir AB has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightAir AB's EBIT compare to VLTO and ZWS?
LightAir AB's EBIT of kr-7.92 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good EBIT depends on the Industrial Products 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 LightAir AB. LightAir AB's current EBIT is kr-7.92 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightAir AB stock overvalued right now?
Based on GuruFocus' analysis, LightAir AB (NGM:LAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.28, compared to a current price of kr0.69 — trading 146.4% above its estimated fair value. The current EBIT is kr-7.92 Mil. LightAir AB's overall GF Score™ is 34/100 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 LightAir AB (NGM:LAIR), the current EBIT is kr-7.92 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 LightAir AB (NGM:LAIR) Overvalued in 2026?

Based on GuruFocus' analysis, LightAir AB stock appears to be overvalued. The current stock price of kr0.69 is trading 146.4% above its estimated GF Value™ of kr0.28. GuruFocus considers LightAir AB to be Significantly Overvalued.

Key valuation signals for NGM:LAIR:

  • EBIT: kr-7.92 Mil
  • GF Value™: kr0.28 vs. price of kr0.69 (146.4% above fair value)
  • GF Score™: 34/100 with 3 warning signs

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

LightAir AB Business Description

Address Svetsarvagen 13, kersberga, Stockholm, SWE, 184 42
LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.
34GF Score

Get the complete analysis for NGM:LAIR

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

kr0.69
Price
kr0.28
GF Value