Infratil (NZSE:IFT) EBIT: NZ$614 Mil (TTM As of Mar. 2026)


NZSE:IFT Infratil Ltd NZSE:IFT
70 GF Score
Price NZ$15.15
GF Value NZ$10.68
Valuation Significantly Overvalued
! 15 Warning Signs
View Full Analysis

What is Infratil EBIT?

Infratil NZSE:IFT -0.20% 70 EBIT is NZ$614 Mil as of Mar. 2026. GuruFocus rates NZSE:IFT with a GF Score™ of 70/100 and a GF Value™ of NZ$10.68 (Significantly Overvalued). The stock has 15 warning signs investors should review.

Infratil's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was NZ$62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$614 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Infratil's annualized ROC % for the quarter that ended in Mar. 2026 was 0.34%. Infratil's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Infratil's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.60%.


Infratil  (NZSE:IFT) EBIT Explanation

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

Infratil'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=175.8 * ( 1 - 66.84% )/( (16166.7 + 18321.7)/ 2 )
=58.29528/17244.2
=0.34 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Infratil'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=123.2/( ( (4216.3 + max(-148.2, 0)) + (4353.8 + max(-414.6, 0)) )/ 2 )
=123.2/( ( 4216.3 + 4353.8 )/ 2 )
=123.2/4285.05
=2.88 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(420.4 + 47.3 + 494.4) - (758 + 1 + 351.3)
=-148.2

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(312.6 + 44.1 + 534.3) - (834.8 + 4.9 + 465.9)
=-414.6

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=614.2/23597.984
=2.60 %

* 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.


Infratil EBIT Related Terms


Infratil EBIT Historical Data

* Premium members only.

The historical data trend for Infratil'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.

Infratil EBIT Chart

Infratil Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 294.40 792.90 1,353.10 254.80 614.20

Infratil Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -87.00 106.10 148.70 552.60 61.60

NZSE:IFT vs HON, MMM: EBIT Comparison

For the Conglomerates subindustry, Infratil'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.


Infratil EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Infratil's EV-to-EBIT distribution charts can be found below:

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


NZSE:IFT
70GF Score
Infratil Ltd NZSE:IFT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Infratil 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 semi-annually data reported by the company within the most recent 12 months, which was NZ$614 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 NZ$614 Mil mean?
Infratil (NZSE:IFT) has a EBIT of NZ$614 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Infratil.
Is Infratil's EBIT too high?
Infratil's current EBIT is NZ$614 Mil. Overall, Infratil has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Infratil's EBIT compare to HON and MMM?
Infratil's EBIT of NZ$614 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good EBIT depends on the Conglomerates 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 Infratil. Infratil's current EBIT is NZ$614 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infratil stock overvalued right now?
Based on GuruFocus' analysis, Infratil (NZSE:IFT) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$10.68, compared to a current price of NZ$15.15 — trading 41.9% above its estimated fair value. The current EBIT is NZ$614 Mil. Infratil's overall GF Score™ is 70/100 with 15 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 Infratil (NZSE:IFT), the current EBIT is NZ$614 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 Infratil (NZSE:IFT) Overvalued in 2026?

Based on GuruFocus' analysis, Infratil stock appears to be overvalued. The current stock price of NZ$15.15 is trading 41.9% above its estimated GF Value™ of NZ$10.68. GuruFocus considers Infratil to be Significantly Overvalued.

Key valuation signals for NZSE:IFT:

  • EBIT: NZ$614 Mil
  • GF Value™: NZ$10.68 vs. price of NZ$15.15 (41.9% above fair value)
  • GF Score™: 70/100 with 15 warning signs

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


Infratil Business Description

Address 5 Market Lane, P.O. Box 320, Wellington, NTL, NZL, 6140
Infratil Ltd is a New Zealand based company that invests in companies that are engaged in the energy, transport, and social infrastructure businesses. The company's business segments include Gurin Energy, Manawa Energy and Mint Renewables, which are renewable generation investments; Wellington International Airport is an airport investment; Qscan Group, RHCNZ Medical Imaging and Anytime Radiology Group are diagnostic imaging investments and One NZ is a digital infrastructure investment. Geographically, it derives a majority of its revenue from New Zealand; and other regions.
70GF Score

Get the complete analysis for NZSE:IFT

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

NZ$15.15
Price
NZ$10.68
GF Value