RNWEY (REC Silicon ASA) EBIT: $-29.90 Mil (TTM As of Mar. 2026)

What is REC Silicon ASA EBIT?

REC Silicon ASA RNWEY 39 EBIT is $-29.90 Mil as of Mar. 2026. GuruFocus rates RNWEY with a GF Score™ of 39/100 and a GF Value™ of $0.04 (Possible Value Trap). The stock has 8 warning signs investors should review.

REC Silicon ASA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-6.80 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-29.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. REC Silicon ASA's annualized ROC % for the quarter that ended in Mar. 2026 was -4.97%. REC Silicon ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -27.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. REC Silicon ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -19.78%.

REC Silicon ASA (OTCPK:RNWEY) EBIT Explanation

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

REC Silicon ASA'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 )
=	-29.2 * ( 1 - 0% )	/	( (587	+	588.2)	/ 2 )
=	-29.2	/	587.6
=	-4.97 %

where

	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	))
=	141.8	-	20.4	-	( 7.3	-	max(0, 507.9	-	42.3	+	7.3	))
=	587

	Invested Capital		(Q: Mar. 2026 )
=	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	))
=	140.2	-	31.2	-	( 5.2	-	max(0, 521.7	-	42.5	+	5.2	))
=	588.2

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

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

REC Silicon ASA'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 )
=	-27.2	/	( ( (99.1 + max(-24.2, 0))	+	(97.2 + max(-478.1, 0)) )	/	2 )
=	-27.2	/	( ( 99.1	+	97.2 )	/	2 )
=	-27.2	/	98.15
=	-27.71 %

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)
=	(8.1	+	19.6	+	7)	-	(20.4	+	0	+	38.5)
=	-24.2

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(9.4	+	18.6	+	8.9)	-	(31.2	+	0	+	483.8)
=	-478.1

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:

REC Silicon ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	-29.9	/	151.154
	=	-19.78 %

* 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.

REC Silicon ASA EBIT Related Terms

REC Silicon ASA EBIT Historical Data

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The historical data trend for REC Silicon ASA's EBIT can be seen below:

REC Silicon ASA EBIT Chart

REC Silicon ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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-20.70

-66.90

113.80

-79.30

-28.90

REC Silicon ASA 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															-7.10	-1.50	-11.00	-10.60	-6.80

RNWEY vs LRCX, AMAT, KLAC: EBIT Comparison

For the Semiconductor Equipment & Materials subindustry, REC Silicon ASA'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.

REC Silicon ASA EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, REC Silicon ASA's EV-to-EBIT distribution charts can be found below:

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

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REC Silicon ASA RNWEY

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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REC Silicon ASA 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 $-29.90 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-29.90 Mil mean?

REC Silicon ASA (RNWEY) has a EBIT of $-29.90 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on REC Silicon ASA.

Is REC Silicon ASA's EBIT too high?

REC Silicon ASA's current EBIT is $-29.90 Mil. Overall, REC Silicon ASA has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does REC Silicon ASA's EBIT compare to LRCX and AMAT?

REC Silicon ASA's EBIT of $-29.90 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?

A good EBIT depends on the Semiconductors 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 REC Silicon ASA. REC Silicon ASA's current EBIT is $-29.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is REC Silicon ASA stock overvalued right now?

Based on GuruFocus' analysis, REC Silicon ASA (RNWEY) is currently considered Possible Value Trap. The stock's GF Value™ is $0.04, compared to a current price of $0.01 — trading 75% below its estimated fair value. The current EBIT is $-29.90 Mil. REC Silicon ASA's overall GF Score™ is 39/100 with 8 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 REC Silicon ASA (RNWEY), the current EBIT is $-29.90 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 REC Silicon ASA (RNWEY) Overvalued in 2026?

Based on GuruFocus' analysis, REC Silicon ASA stock appears to be undervalued. The current stock price of $0.01 is trading 75% below its estimated GF Value™ of $0.04. GuruFocus considers REC Silicon ASA to be Possible Value Trap.

Key valuation signals for RNWEY:

EBIT: $-29.90 Mil
GF Value™: $0.04 vs. price of $0.01 (75% below fair value)
GF Score™: 39/100 with 8 warning signs

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

REC Silicon ASA Business Description

Industry Technology Semiconductors

Comparable Companies OSL:OTOVO OSL:ENERG XAMS:ASML LRCX AMAT KLAC TSE:8035 TSE:6857 SZSE:002371 TER SHSE:688820 XAMS:ASM SZSE:301666 TPE:7769 TSE:6146 SHSE:688012 Q XAMS:BESI SHSE:688072 TSE:5016

Other Exchanges RNWEF:USA RECSI:Norway 0FS8:UK R3Q:Germany

Address Lysaker Torg 5, 3. etg, PO Box 63, Lysaker, NOR, 1324

Website https://www.recsilicon.com

REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon, and Silicon gases. It operates in two segments, namely Solar Materials and Semiconductor Materials. The majority of the firm's revenue is generated through the Semiconductor Materials segment. The company operates geographically in the USA, Korea, China, Taiwan, Japan, France, Singapore, Denmark, Malaysia, Belgium, Ireland, India, Israel, Vietnam, Norway,and Other North American countries, with majority of revenue from the USA.

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

$0.01

Price

$0.04

GF Value

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