ROYUY (Royal Unibrew AS) EBIT: $353 Mil (TTM As of Mar. 2026)


ROYUY Royal Unibrew AS ROYUY
72 GF Score
Price $6.85
GF Value $9.46
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Royal Unibrew AS EBIT?

Royal Unibrew AS ROYUY 72 EBIT is $353 Mil as of Mar. 2026. GuruFocus rates ROYUY with a GF Score™ of 72/100 and a GF Value™ of $9.46 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Royal Unibrew AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $353 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Royal Unibrew AS's annualized ROC % for the quarter that ended in Mar. 2026 was 5.32%. Royal Unibrew AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Royal Unibrew AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.29%.


Royal Unibrew AS  (OTCPK:ROYUY) EBIT Explanation

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

Royal Unibrew AS'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 )
=168.9 * ( 1 - 21.92% )/( (2423.962 + 2532.906)/ 2 )
=131.87712/2478.434
=5.32 %

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))
=2864.198 - 660.981 - ( 12.856 - max(0, 759.752 - 539.007+12.856))
=2423.962

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))
=2910.615 - 654.107 - ( 6.342 - max(0, 854.871 - 578.473+6.342))
=2532.906

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

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

Royal Unibrew AS'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 )
=171.376/( ( (802.709 + max(-191.271, 0)) + (809.707 + max(-81.976, 0)) )/ 2 )
=171.376/( ( 802.709 + 809.707 )/ 2 )
=171.376/806.208
=21.26 %

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)
=(283.613 + 201.618 + 23.831) - (660.981 + 0 + 39.352)
=-191.271

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(322.646 + 213.292 + 36.193) - (654.107 + 0 + 0)
=-81.976

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=353.396/4263.042
=8.29 %

* 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.


Royal Unibrew AS EBIT Related Terms


Royal Unibrew AS EBIT Historical Data

* Premium members only.

The historical data trend for Royal Unibrew 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.

Royal Unibrew AS EBIT Chart

Royal Unibrew 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 255.58 262.71 239.07 305.11 347.42

Royal Unibrew AS 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 32.90 117.97 123.60 68.98 42.84

ROYUY vs STZ, TAP: EBIT Comparison

For the Beverages - Brewers subindustry, Royal Unibrew 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.


Royal Unibrew AS EV-to-EBIT vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Royal Unibrew AS's EV-to-EBIT distribution charts can be found below:

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


ROYUY
72GF Score
Royal Unibrew AS ROYUY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Unibrew 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $353 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 $353 Mil mean?
Royal Unibrew AS (ROYUY) has a EBIT of $353 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Royal Unibrew AS.
Is Royal Unibrew AS's EBIT too high?
Royal Unibrew AS's current EBIT is $353 Mil. Overall, Royal Unibrew AS has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royal Unibrew AS's EBIT compare to STZ and TAP?
Royal Unibrew AS's EBIT of $353 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good EBIT depends on the Beverages - Alcoholic 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 Royal Unibrew AS. Royal Unibrew AS's current EBIT is $353 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Unibrew AS stock overvalued right now?
Based on GuruFocus' analysis, Royal Unibrew AS (ROYUY) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.46, compared to a current price of $6.85 — trading 27.6% below its estimated fair value. The current EBIT is $353 Mil. Royal Unibrew AS's overall GF Score™ is 72/100 with 6 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 Royal Unibrew AS (ROYUY), the current EBIT is $353 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 Royal Unibrew AS (ROYUY) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Unibrew AS stock appears to be undervalued. The current stock price of $6.85 is trading 27.6% below its estimated GF Value™ of $9.46. GuruFocus considers Royal Unibrew AS to be Modestly Undervalued.

Key valuation signals for ROYUY:

  • EBIT: $353 Mil
  • GF Value™: $9.46 vs. price of $6.85 (27.6% below fair value)
  • GF Score™: 72/100 with 6 warning signs

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


Royal Unibrew AS Business Description

Address Faxe Alle 1, Faxe, DNK, DK-4640
Royal Unibrew AS manufactures and sells beverages, including beer, malt beverages, cider, soft drinks, juice, and water. The company produces and distributes its own brands and partner brands, with its largest licensing agreements with PepsiCo and Heineken. Royal Unibrew was founded in 1989 and listed on the Copenhagen stock exchange in 1998.In 2024, Royal Unibrew took over PepsiCo's beverage business in Luxembourg and Belgium. In 2025, Royal Unibrew finalized its acquisition of Pernod Ricard's portfolio of Nordic brands, including spirits, liqueurs, and wines.
72GF Score

Get the complete analysis for ROYUY

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

$6.85
Price
$9.46
GF Value