PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) EBIT: zł73.33 Mil (TTM As of Mar. 2026)


WAR:PGV PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna WAR:PGV
29 GF Score
Price zł0.54
GF Value zł0.28
Valuation Significantly Overvalued
! 3 Warning Signs
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What is PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna EBIT?

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna WAR:PGV -0.93% 29 EBIT is zł73.33 Mil as of Mar. 2026. GuruFocus rates WAR:PGV with a GF Score™ of 29/100 and a GF Value™ of zł0.28 (Significantly Overvalued). The stock has 3 warning signs investors should review.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was zł0.58 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was zł73.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's annualized ROC % for the quarter that ended in Mar. 2026 was -0.18%. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 51,200.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 136.86%.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna  (WAR:PGV) EBIT Explanation

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

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-0.232 * ( 1 - 0% )/( (165.669 + 90.007)/ 2 )
=-0.232/127.838
=-0.18 %

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))
=165.314 - 2.486 - ( 3.892 - max(0, 7.303 - 4.462+3.892))
=165.669

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))
=85.937 - 1.187 - ( 0.509 - max(0, 5.85 - 0.593+0.509))
=90.007

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

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

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.304/( ( (0.005 + max(-6.518, 0)) + (0.004 + max(-5.495, 0)) )/ 2 )
=2.304/( ( 0.005 + 0.004 )/ 2 )
=2.304/0.0045
=51,200.00 %

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)
=(0.388 + 0 + 0) - (2.486 + 0 + 4.42)
=-6.518

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.033 + 0 + 0) - (1.187 + 0 + 4.341)
=-5.495

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:

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=73.329/53.580
=136.86 %

* 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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna EBIT Related Terms

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna EBIT Historical Data

* Premium members only.

The historical data trend for PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna EBIT Chart

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -205.75 116.76 -238.84 3.80 -48.17

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -28.06 13.50 14.08 58.67 0.58

WAR:PGV vs CRS, ATI, MLI: EBIT Comparison

For the Metal Fabrication subindustry, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's EV-to-EBIT falls into.


WAR:PGV
29GF Score
PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna WAR:PGV
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna 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 zł73.33 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 zł73.33 Mil mean?
PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) has a EBIT of zł73.33 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna.
Is PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's EBIT too high?
PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's current EBIT is zł73.33 Mil. Overall, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's EBIT compare to CRS and ATI?
PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's EBIT of zł73.33 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good EBIT depends on the Industrial Products 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 PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's current EBIT is zł73.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna stock overvalued right now?
Based on GuruFocus' analysis, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.28, compared to a current price of zł0.54 — trading 91.1% above its estimated fair value. The current EBIT is zł73.33 Mil. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's overall GF Score™ is 29/100 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 PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV), the current EBIT is zł73.33 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 PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Overvalued in 2026?

Based on GuruFocus' analysis, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna stock appears to be overvalued. The current stock price of zł0.54 is trading 91.1% above its estimated GF Value™ of zł0.28. GuruFocus considers PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna to be Significantly Overvalued.

Key valuation signals for WAR:PGV:

  • EBIT: zł73.33 Mil
  • GF Value™: zł0.28 vs. price of zł0.54 (91.1% above fair value)
  • GF Score™: 29/100 with 3 warning signs

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

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Business Description

Address ul. Sulechowska 4a, Zielona Gora, POL, 65-119
PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna, formerly Zastal SA is engaged in the manufacture and sale of rolling stock and steel structures. The company manufactures steel structures of industrial halls, buildings, churches, bridges, and railway stations, as well as constructs railway wagons and cars. It also operates in USSR, Iraq, Syria, and China.
29GF Score

Get the complete analysis for WAR:PGV

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

zł0.54
Price
zł0.28
GF Value