Quercus TFI (WAR:QRS) EBIT: zł86.7 Mil (TTM As of Mar. 2026)

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WAR:QRS Quercus TFI SA WAR:QRS
97 GF Score
Price zł13.54
GF Value zł14.39
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Quercus TFI EBIT?

Quercus TFI WAR:QRS +3.68% 97 EBIT is zł86.7 Mil as of Mar. 2026. GuruFocus rates WAR:QRS with a GF Score™ of 97/100 and a GF Value™ of zł14.39 (Fairly Valued). The stock has 2 warning signs investors should review.

Quercus TFI's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was zł21.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was zł86.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Quercus TFI's annualized ROC % for the quarter that ended in Mar. 2026 was 57.20%. Quercus TFI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 911.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Quercus TFI's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.08%.


Quercus TFI  (WAR:QRS) EBIT Explanation

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

Quercus TFI'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 )
=77.44 * ( 1 - 19.47% )/( (126.105 + 91.94)/ 2 )
=62.362432/109.0225
=57.20 %

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))
=243.397 - 40.843 - ( 111.979 - max(0, 105.243 - 181.692+111.979))
=126.105

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))
=325.619 - 103.487 - ( 243.855 - max(0, 133.732 - 263.924+243.855))
=91.94

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

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

Quercus TFI'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 )
=84.348/( ( (9.407 + max(-34.233, 0)) + (9.103 + max(-112.794, 0)) )/ 2 )
=84.348/( ( 9.407 + 9.103 )/ 2 )
=84.348/9.255
=911.38 %

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)
=(37.86 + 0 + 31.845) - (40.843 + 0 + 63.095)
=-34.233

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.523 + 0 + 0.983) - (103.487 + 0 + 28.813)
=-112.794

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:

Quercus TFI's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=86.662/454.176
=19.08 %

* 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.


Quercus TFI EBIT Related Terms


Quercus TFI EBIT Historical Data

* Premium members only.

The historical data trend for Quercus TFI'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.

Quercus TFI EBIT Chart

Quercus TFI 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 30.58 17.85 39.52 55.62 77.43

Quercus TFI 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 11.86 16.49 18.46 30.63 21.09

WAR:QRS vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Quercus TFI'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.


Quercus TFI EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Quercus TFI's EV-to-EBIT distribution charts can be found below:

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


WAR:QRS
97GF Score
Quercus TFI SA WAR:QRS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quercus TFI 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 zł86.7 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 zł86.7 Mil mean?
Quercus TFI (WAR:QRS) has a EBIT of zł86.7 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Quercus TFI.
Is Quercus TFI's EBIT too high?
Quercus TFI's current EBIT is zł86.7 Mil. Overall, Quercus TFI has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quercus TFI's EBIT compare to BLK and BX?
Quercus TFI's EBIT of zł86.7 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good EBIT depends on the Asset Management 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 Quercus TFI. Quercus TFI's current EBIT is zł86.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quercus TFI stock overvalued right now?
Based on GuruFocus' analysis, Quercus TFI (WAR:QRS) is currently considered Fairly Valued. The stock's GF Value™ is zł14.39, compared to a current price of zł13.54 — trading 5.9% below its estimated fair value. The current EBIT is zł86.7 Mil. Quercus TFI's overall GF Score™ is 97/100 with 2 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 Quercus TFI (WAR:QRS), the current EBIT is zł86.7 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 Quercus TFI (WAR:QRS) Overvalued in 2026?

Based on GuruFocus' analysis, Quercus TFI stock appears to be undervalued. The current stock price of zł13.54 is trading 5.9% below its estimated GF Value™ of zł14.39. GuruFocus considers Quercus TFI to be Fairly Valued.

Key valuation signals for WAR:QRS:

  • EBIT: zł86.7 Mil
  • GF Value™: zł14.39 vs. price of zł13.54 (5.9% below fair value)
  • GF Score™: 97/100 with 2 warning signs

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


Quercus TFI Business Description

Other Exchanges 85R:Germany
Address ul. Nowy Swiat 6/12, Warsaw, POL, 00400
Quercus TFI SA is an investment fund company in Poland whose offer is mainly targeted at high net-worth Investors. The products of the company include Quercus Short-Term Debt, Quercus Capital Protection, Quercus Treasury Bonds, Quercus Stable, Quercus Aggressive and Quercus Gold among others.
97GF Score

Get the complete analysis for WAR:QRS

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

zł13.54
Price
zł14.39
GF Value