BYD Co (WBO:BY6) EBIT: €4,395 Mil (TTM As of Mar. 2026)


WBO:BY6 BYD Co Ltd WBO:BY6
87 GF Score
Price €8.58
GF Value €10.65
Valuation Modestly Undervalued
! 5 Warning Signs
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What is BYD Co EBIT?

BYD Co WBO:BY6 +1.34% 87 EBIT is €4,395 Mil as of Mar. 2026. GuruFocus rates WBO:BY6 with a GF Score™ of 87/100 and a GF Value™ of €10.65 (Modestly Undervalued). The stock has 5 warning signs investors should review.

BYD Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €717 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €4,395 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BYD Co's annualized ROC % for the quarter that ended in Mar. 2026 was 3.88%. BYD Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BYD Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.71%.


BYD Co  (WBO:BY6) EBIT Explanation

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

BYD Co'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 )
=3606.32 * ( 1 - 15.5% )/( (75816.644 + 81422.952)/ 2 )
=3047.3404/78619.798
=3.88 %

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))
=107153.754 - 43096.561 - ( 15757.543 - max(0, 56800.525 - 45041.074+15757.543))
=75816.644

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))
=113216.084 - 43038.135 - ( 16258.193 - max(0, 60915.882 - 49670.879+16258.193))
=81422.952

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

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

BYD Co'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 )
=2866.84/( ( (42456.585 + max(-23273.921, 0)) + (43766.798 + max(-19756.454, 0)) )/ 2 )
=2866.84/( ( 42456.585 + 43766.798 )/ 2 )
=2866.84/43111.6915
=6.65 %

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)
=(4486.881 + 16783.731 + 6824.319) - (43096.561 + 0 + 8272.291)
=-23273.921

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5550.154 + 20132.863 + 6659.966) - (43038.135 + 0 + 9061.302)
=-19756.454

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=4394.975/93403.126
=4.71 %

* 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.


BYD Co EBIT Related Terms


BYD Co EBIT Historical Data

* Premium members only.

The historical data trend for BYD Co'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.

BYD Co EBIT Chart

BYD Co 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 892.83 3,032.53 5,021.04 6,791.19 5,129.52

BYD Co 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 1,504.69 976.80 1,256.96 1,444.51 716.71

WBO:BY6 vs TSLA, GM, F: EBIT Comparison

For the Auto Manufacturers subindustry, BYD Co'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.


BYD Co EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's EV-to-EBIT distribution charts can be found below:

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


WBO:BY6
87GF Score
BYD Co Ltd WBO:BY6
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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BYD Co 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 €4,395 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 €4,395 Mil mean?
BYD Co (WBO:BY6) has a EBIT of €4,395 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on BYD Co.
Is BYD Co's EBIT too high?
BYD Co's current EBIT is €4,395 Mil. Overall, BYD Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BYD Co's EBIT compare to TSLA and GM?
BYD Co's EBIT of €4,395 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 BYD Co. BYD Co's current EBIT is €4,395 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BYD Co stock overvalued right now?
Based on GuruFocus' analysis, BYD Co (WBO:BY6) is currently considered Modestly Undervalued. The stock's GF Value™ is €10.65, compared to a current price of €8.58 — trading 19.5% below its estimated fair value. The current EBIT is €4,395 Mil. BYD Co's overall GF Score™ is 87/100 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 BYD Co (WBO:BY6), the current EBIT is €4,395 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 BYD Co (WBO:BY6) Overvalued in 2026?

Based on GuruFocus' analysis, BYD Co stock appears to be undervalued. The current stock price of €8.58 is trading 19.5% below its estimated GF Value™ of €10.65. GuruFocus considers BYD Co to be Modestly Undervalued.

Key valuation signals for WBO:BY6:

  • EBIT: €4,395 Mil
  • GF Value™: €10.65 vs. price of €8.58 (19.5% below fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the WBO:BY6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BYD Co Business Description

Address Unit 505-510, 1 Science Park E Avenue, 5th Floor, Core Building 1E, Pak Shek Kok, Tai Po, HKG
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold about 4.6 million passenger NEVs in 2025, accounting for 30% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.
87GF Score

Get the complete analysis for WBO:BY6

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

€8.58
Price
€10.65
GF Value