Votum (WAR:VOT) EBIT: zł163.3 Mil (TTM As of Mar. 2026)


WAR:VOT Votum SA WAR:VOT
95 GF Score
Price zł46.15
GF Value zł46.27
Valuation Fairly Valued
! 5 Warning Signs
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What is Votum EBIT?

Votum WAR:VOT +3.59% 95 EBIT is zł163.3 Mil as of Mar. 2026. GuruFocus rates WAR:VOT with a GF Score™ of 95/100 and a GF Value™ of zł46.27 (Fairly Valued). The stock has 5 warning signs investors should review.

Votum's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was zł35.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was zł163.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Votum's annualized ROC % for the quarter that ended in Mar. 2026 was 28.65%. Votum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 311.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Votum's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 43.03%.

Votum  (WAR:VOT) EBIT Explanation

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

Votum'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 )
=137.512 * ( 1 - 19.68% )/( (395.957 + 375.087)/ 2 )
=110.4496384/385.522
=28.65 %

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))
=671.606 - 105.364 - ( 170.285 - max(0, 150.183 - 365.577+170.285))
=395.957

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))
=694.707 - 110.263 - ( 209.357 - max(0, 161.49 - 388.495+209.357))
=375.087

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

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

Votum'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 )
=142.688/( ( (44.755 + max(-113.816, 0)) + (46.874 + max(-112.077, 0)) )/ 2 )
=142.688/( ( 44.755 + 46.874 )/ 2 )
=142.688/45.8145
=311.45 %

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)
=(23.483 + 0.332 + 0.091999999999985) - (105.364 + 0 + 32.359)
=-113.816

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.856 + 0.199 + 0.04200000000003) - (110.263 + 0 + 37.911)
=-112.077

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=163.279/379.419
=43.03 %

* 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.

Votum EBIT Related Terms

Votum EBIT Historical Data

* Premium members only.

The historical data trend for Votum'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.

Votum EBIT Chart

Votum 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 17.15 113.34 168.05 145.97 182.04

Votum 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 54.59 48.64 39.05 39.92 35.67

WAR:VOT vs CTAS, CPRT, ULS: EBIT Comparison

For the Specialty Business Services subindustry, Votum'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.

Votum EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Votum's EV-to-EBIT distribution charts can be found below:

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


WAR:VOT
95GF Score
Votum SA WAR:VOT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Votum 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 zł163.3 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 zł163.3 Mil mean?
Votum (WAR:VOT) has a EBIT of zł163.3 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Votum.
Is Votum's EBIT too high?
Votum's current EBIT is zł163.3 Mil. Overall, Votum has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Votum's EBIT compare to CTAS and CPRT?
Votum's EBIT of zł163.3 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 Votum. Votum's current EBIT is zł163.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Votum stock overvalued right now?
Based on GuruFocus' analysis, Votum (WAR:VOT) is currently considered Fairly Valued. The stock's GF Value™ is zł46.27, compared to a current price of zł46.15 — trading 0.3% below its estimated fair value. The current EBIT is zł163.3 Mil. Votum's overall GF Score™ is 95/100 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 Votum (WAR:VOT), the current EBIT is zł163.3 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 Votum (WAR:VOT) Overvalued in 2026?

Based on GuruFocus' analysis, Votum stock appears to be undervalued. The current stock price of zł46.15 is trading 0.3% below its estimated GF Value™ of zł46.27. GuruFocus considers Votum to be Fairly Valued.

Key valuation signals for WAR:VOT:

  • EBIT: zł163.3 Mil
  • GF Value™: zł46.27 vs. price of zł46.15 (0.3% below fair value)
  • GF Score™: 95/100 with 5 warning signs

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

Votum Business Description

Other Exchanges 31J:Germany
Address st. Racing 56 and, Wroclaw, POL, 53-012
Votum SA is engaged in offering assistance services in claims for damages in Poland. The company specializes in the proceedings concerning the claims related to damage to the person covered by the system of mandatory insurance.
95GF Score

Get the complete analysis for WAR:VOT

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

zł46.15
Price
zł46.27
GF Value