FirstFarms AS (OCSE:FFARMS) EBIT: kr13.3 Mil (TTM As of Dec. 2025)


OCSE:FFARMS FirstFarms AS OCSE:FFARMS
55 GF Score
Price kr68.80
GF Value kr53.96
Valuation Modestly Overvalued
! 9 Warning Signs
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What is FirstFarms AS EBIT?

FirstFarms AS OCSE:FFARMS 55 EBIT is kr13.3 Mil as of Dec. 2025. GuruFocus rates OCSE:FFARMS with a GF Score™ of 55/100 and a GF Value™ of kr53.96 (Modestly Overvalued). The stock has 9 warning signs investors should review.

FirstFarms AS's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was kr-10.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was kr13.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FirstFarms AS's annualized ROC % for the quarter that ended in Dec. 2025 was -2.61%. FirstFarms AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -2.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FirstFarms AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.91%.


FirstFarms AS  (OCSE:FFARMS) EBIT Explanation

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

FirstFarms AS'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: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-43.316 * ( 1 - 0% )/( (1643.744 + 1675.058)/ 2 )
=-43.316/1659.401
=-2.61 %

where

Invested Capital(Q: Sep. 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))
=1697.545 - 52.008 - ( 1.793 - max(0, 176.903 - 364.675+1.793))
=1643.744

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))
=1744.808 - 57.693 - ( 12.057 - max(0, 170.151 - 366.976+12.057))
=1675.058

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

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

FirstFarms AS'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: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-40.864/( ( (1213.41 + max(247.61, 0)) + (1180.492 + max(252.963, 0)) )/ 2 )
=-40.864/( ( 1461.02 + 1433.455 )/ 2 )
=-40.864/1447.2375
=-2.82 %

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)
=(25.874 + 275.489 + 4.796) - (52.008 + 0 + 6.541)
=247.61

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.402 + 285.815 + 5.908) - (57.693 + 0 + 4.469)
=252.963

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=13.26/1455.371
=0.91 %

* 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.


FirstFarms AS EBIT Related Terms


FirstFarms AS EBIT Historical Data

* Premium members only.

The historical data trend for FirstFarms AS'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.

FirstFarms AS EBIT Chart

FirstFarms AS 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 60.46 97.34 63.65 50.72 13.26

FirstFarms AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -0.22 -3.61 28.30 -1.22 -10.22

OCSE:FFARMS vs ADM, BG, TSN: EBIT Comparison

For the Farm Products subindustry, FirstFarms AS'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.


FirstFarms AS EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, FirstFarms AS's EV-to-EBIT distribution charts can be found below:

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


OCSE:FFARMS
55GF Score
FirstFarms AS OCSE:FFARMS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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FirstFarms AS 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 quarterly data reported by the company within the most recent 12 months, which was kr13.3 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 kr13.3 Mil mean?
FirstFarms AS (OCSE:FFARMS) has a EBIT of kr13.3 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on FirstFarms AS.
Is FirstFarms AS's EBIT too high?
FirstFarms AS's current EBIT is kr13.3 Mil. Overall, FirstFarms AS has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FirstFarms AS's EBIT compare to ADM and BG?
FirstFarms AS's EBIT of kr13.3 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 FirstFarms AS. FirstFarms AS's current EBIT is kr13.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstFarms AS stock overvalued right now?
Based on GuruFocus' analysis, FirstFarms AS (OCSE:FFARMS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr53.96, compared to a current price of kr68.80 — trading 27.5% above its estimated fair value. The current EBIT is kr13.3 Mil. FirstFarms AS's overall GF Score™ is 55/100 with 9 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 FirstFarms AS (OCSE:FFARMS), the current EBIT is kr13.3 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 FirstFarms AS (OCSE:FFARMS) Overvalued in 2026?

Based on GuruFocus' analysis, FirstFarms AS stock appears to be overvalued. The current stock price of kr68.80 is trading 27.5% above its estimated GF Value™ of kr53.96. GuruFocus considers FirstFarms AS to be Modestly Overvalued.

Key valuation signals for OCSE:FFARMS:

  • EBIT: kr13.3 Mil
  • GF Value™: kr53.96 vs. price of kr68.80 (27.5% above fair value)
  • GF Score™: 55/100 with 9 warning signs

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


FirstFarms AS Business Description

Address Majsmarken 1, Billund, DNK, DK-7190
FirstFarms AS is an agricultural company operating in the area of agriculture and food products. Its business consists of four branches of operation: crops, milk, pigs and development of the land portfolio. Geographically, the group's segments are Romania, Slovakia, Hungary, the Czech Republic, and Denmark. The majority of the company's revenue is derived from Slovakia. The company's revenue consists of the sale of Milk, Cows and calves, piglets and slaughter pigs, crops and others.
55GF Score

Get the complete analysis for OCSE:FFARMS

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

kr68.80
Price
kr53.96
GF Value