Asseco South Eastern Europe (WAR:ASE) EBIT: zł252 Mil (TTM As of Mar. 2026)


WAR:ASE Asseco South Eastern Europe SA WAR:ASE
86 GF Score
Price zł59.90
GF Value zł58.87
Valuation Fairly Valued
! 3 Warning Signs
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What is Asseco South Eastern Europe EBIT?

Asseco South Eastern Europe WAR:ASE +0.17% 86 EBIT is zł252 Mil as of Mar. 2026. GuruFocus rates WAR:ASE with a GF Score™ of 86/100 and a GF Value™ of zł58.87 (Fairly Valued). The stock has 3 warning signs investors should review.

Asseco South Eastern Europe's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was zł62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was zł252 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Asseco South Eastern Europe's annualized ROC % for the quarter that ended in Mar. 2026 was 10.08%. Asseco South Eastern Europe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 94.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Asseco South Eastern Europe's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.47%.


Asseco South Eastern Europe  (WAR:ASE) EBIT Explanation

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

Asseco South Eastern Europe'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 )
=229.376 * ( 1 - 20.41% )/( (1797.328 + 1824.39)/ 2 )
=182.5603584/1810.859
=10.08 %

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))
=2256.624 - 228.656 - ( 312.597 - max(0, 757.87 - 988.51+312.597))
=1797.328

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))
=2294.688 - 195.478 - ( 352.509 - max(0, 739.033 - 1013.853+352.509))
=1824.39

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

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

Asseco South Eastern Europe'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 )
=246.388/( ( (258.288 + max(-172.749, 0)) + (262.142 + max(-224.637, 0)) )/ 2 )
=246.388/( ( 258.288 + 262.142 )/ 2 )
=246.388/260.215
=94.69 %

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)
=(337.126 + 68.557 + 91.573) - (228.656 + 0 + 441.349)
=-172.749

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(281.849 + 67.498 + 91.874) - (195.478 + 0 + 470.38)
=-224.637

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:

Asseco South Eastern Europe's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=251.595/2970.824
=8.47 %

* 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.


Asseco South Eastern Europe EBIT Related Terms


Asseco South Eastern Europe EBIT Historical Data

* Premium members only.

The historical data trend for Asseco South Eastern Europe'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.

Asseco South Eastern Europe EBIT Chart

Asseco South Eastern Europe 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 196.19 242.44 262.02 262.18 240.13

Asseco South Eastern Europe 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 50.25 58.70 49.80 81.51 61.60

WAR:ASE vs CRM, SHOP, UBER: EBIT Comparison

For the Software - Application subindustry, Asseco South Eastern Europe'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.


Asseco South Eastern Europe EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Asseco South Eastern Europe's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Asseco South Eastern Europe's EV-to-EBIT falls into.


WAR:ASE
86GF Score
Asseco South Eastern Europe SA WAR:ASE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Asseco South Eastern Europe 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 zł252 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 zł252 Mil mean?
Asseco South Eastern Europe (WAR:ASE) has a EBIT of zł252 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Asseco South Eastern Europe.
Is Asseco South Eastern Europe's EBIT too high?
Asseco South Eastern Europe's current EBIT is zł252 Mil. Overall, Asseco South Eastern Europe has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asseco South Eastern Europe's EBIT compare to CRM and SHOP?
Asseco South Eastern Europe's EBIT of zł252 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 Asseco South Eastern Europe. Asseco South Eastern Europe's current EBIT is zł252 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asseco South Eastern Europe stock overvalued right now?
Based on GuruFocus' analysis, Asseco South Eastern Europe (WAR:ASE) is currently considered Fairly Valued. The stock's GF Value™ is zł58.87, compared to a current price of zł59.90 — trading 1.7% above its estimated fair value. The current EBIT is zł252 Mil. Asseco South Eastern Europe's overall GF Score™ is 86/100 with 3 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 Asseco South Eastern Europe (WAR:ASE), the current EBIT is zł252 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 Asseco South Eastern Europe (WAR:ASE) Overvalued in 2026?

Based on GuruFocus' analysis, Asseco South Eastern Europe stock appears to be overvalued. The current stock price of zł59.90 is trading 1.7% above its estimated GF Value™ of zł58.87. GuruFocus considers Asseco South Eastern Europe to be Fairly Valued.

Key valuation signals for WAR:ASE:

  • EBIT: zł252 Mil
  • GF Value™: zł58.87 vs. price of zł59.90 (1.7% above fair value)
  • GF Score™: 86/100 with 3 warning signs

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


Asseco South Eastern Europe Business Description

Address ul. Branickiego 13, Warszawa, POL, 02-972
Asseco South Eastern Europe SA along with its subsidiaries provides implementation, integration and outsourcing services. It conducts business operations in the markets of Poland, South Eastern Europe, and Turkey. Its business is divided into three operating segments. Banking Solutions segment deals with integrated banking systems based on the Oracle and Microsoft platforms, including primarily core banking systems. Payment Solutions is engaged in the sale and maintenance of ATMs and POS terminals (point of sale) as well as in the provision of related support services. Systems Integration segment is engaged in the development of customized IT systems, integration of third-party software and elements of infrastructure, as well as in the sale and installation of hardware solutions.
86GF Score

Get the complete analysis for WAR:ASE

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

zł59.90
Price
zł58.87
GF Value