Reply SpA (STU:REJA) EBIT: €206 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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STU:REJA Reply SpA STU:REJA
96 GF Score
Price €116.70
GF Value €150.27
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Reply SpA EBIT?

Reply SpA STU:REJA +2.91% 96 EBIT is €206 Mil as of Jun. 2026. GuruFocus rates STU:REJA with a GF Score™ of 96/100 and a GF Value™ of €150.27 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Reply SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2026 was €98 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was €206 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Reply SpA's annualized ROC % for the quarter that ended in Jun. 2026 was 13.65%. Reply SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 53.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Reply SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 5.35%.


Reply SpA  (STU:REJA) EBIT Explanation

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

Reply SpA's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=203.918 * ( 1 - 0% )/( (1477.606 + 1509.313)/ 2 )
=203.918/1493.4595
=13.65 %

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))
=2765.035 - 646.334 - ( 641.095 - max(0, 938.066 - 1652.784+641.095))
=1477.606

Invested Capital(Q: Jun. 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))
=2692.731 - 602.499 - ( 580.919 - max(0, 885.379 - 1535.203+580.919))
=1509.313

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

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

Reply SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=196.646/( ( (300.499 + max(62.923, 0)) + (328.031 + max(49.909, 0)) )/ 2 )
=196.646/( ( 363.422 + 377.94 )/ 2 )
=196.646/370.681
=53.05 %

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)
=(792.089 + 83.489 + 77.364) - (646.334 + 0 + 243.685)
=62.923

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(535.689 + 283.046 + 70.047) - (602.499 + 0 + 236.374)
=49.909

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=206.404/3858.592
=5.35 %

* 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.


Reply SpA EBIT Related Terms


Reply SpA EBIT Historical Data

* Premium members only.

The historical data trend for Reply SpA'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.

Reply SpA EBIT Chart

Reply SpA 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 216.65 274.63 280.87 322.55 379.00

Reply SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 76.93 102.38 82.60 108.08 98.32

STU:REJA vs IBM, ACN, CTSH: EBIT Comparison

For the Information Technology Services subindustry, Reply SpA'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.


Reply SpA EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Reply SpA's EV-to-EBIT distribution charts can be found below:

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


STU:REJA
96GF Score
Reply SpA STU:REJA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reply SpA 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 Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €206 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 €206 Mil mean?
Reply SpA (STU:REJA) has a EBIT of €206 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Reply SpA.
Is Reply SpA's EBIT too high?
Reply SpA's current EBIT is €206 Mil. Overall, Reply SpA has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reply SpA's EBIT compare to IBM and ACN?
Reply SpA's EBIT of €206 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 Reply SpA. Reply SpA's current EBIT is €206 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reply SpA stock overvalued right now?
Based on GuruFocus' analysis, Reply SpA (STU:REJA) is currently considered Modestly Undervalued. The stock's GF Value™ is €150.27, compared to a current price of €116.70 — trading 22.3% below its estimated fair value. The current EBIT is €206 Mil. Reply SpA's overall GF Score™ is 96/100 with 5 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 Reply SpA (STU:REJA), the current EBIT is €206 Mil as of Jun. 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 Reply SpA (STU:REJA) Overvalued in 2026?

Based on GuruFocus' analysis, Reply SpA stock appears to be undervalued. The current stock price of €116.70 is trading 22.3% below its estimated GF Value™ of €150.27. GuruFocus considers Reply SpA to be Modestly Undervalued.

Key valuation signals for STU:REJA:

  • EBIT: €206 Mil
  • GF Value™: €150.27 vs. price of €116.70 (22.3% below fair value)
  • GF Score™: 96/100 with 5 warning signs

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


Reply SpA Business Description

Address Corso Francia, 110, Turin, ITA, 10143
Reply SpA specialises in consulting, digital services, and the integration of processes, applications, and devices. Reply serves clients in the telecommunication and media, banking, insurance, financial, industry and services, energy and utilities, and public administration industries. The company provides its services mainly through platforms such as X-Rais Reply, Discovery Reply, Brick Reply, TamTamy, and SideUp Reply. Reply researches, selects, and markets solutions through channels such as data analysis, digital communication, e-commerce, mobile, and social media. Its business segments are defined based on geographical areas of operation and include Region 1 (including Italy, USA, Brazil, Poland, Romania, and Nanjing), which derives key revenue, Region 2, Region 3, and IoT Incubator.
96GF Score

Get the complete analysis for STU:REJA

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

€116.70
Price
€150.27
GF Value