NIS AD (XBEL:NIIS) EBIT: RSD-4,023 Mil (TTM As of Mar. 2026)


XBEL:NIIS NIS AD XBEL:NIIS
18 GF Score
Price RSD705.00
GF Value RSD705.03
! 3 Warning Signs
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What is NIS AD EBIT?

NIS AD XBEL:NIIS 18 EBIT is RSD-4,023 Mil as of Mar. 2026. GuruFocus rates XBEL:NIIS with a GF Score™ of 18/100 and a GF Value™ of RSD705.03. The stock has 3 warning signs investors should review.

NIS AD's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was RSD4,118 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was RSD-4,023 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NIS AD's annualized ROC % for the quarter that ended in Mar. 2026 was 2.73%. NIS AD's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NIS AD's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.82%.


NIS AD  (XBEL:NIIS) EBIT Explanation

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

NIS AD'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 )
=13920.7 * ( 1 - 21.17% )/( (406314.025 + 397079.912)/ 2 )
=10973.68781/401696.9685
=2.73 %

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))
=462007.504 - 25528.285 - ( 30165.194 - max(0, 56182.905 - 101925.777+30165.194))
=406314.025

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))
=474006.004 - 40187.067 - ( 36739.025 - max(0, 66709.806 - 115911.499+36739.025))
=397079.912

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

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

NIS AD'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 )
=16471.228/( ( (327349.123 + max(34672.035, 0)) + (339227.723 + max(38812.23, 0)) )/ 2 )
=16471.228/( ( 362021.158 + 378039.953 )/ 2 )
=16471.228/370030.5555
=4.45 %

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)
=(20409.674 + 39147.247 + 10873.527) - (25528.285 + 0 + 10230.128)
=34672.035

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19141.088 + 51764.461 + 15695.905) - (40187.067 + 0 + 7602.157)
=38812.23

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-4022.918/142677.286
=-2.82 %

* 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.


NIS AD EBIT Related Terms


NIS AD EBIT Historical Data

* Premium members only.

The historical data trend for NIS AD'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.

NIS AD EBIT Chart

NIS AD 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 26,802.88 111,522.90 55,380.92 17,749.07 -5,381.95

NIS AD 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 2,833.06 -6,228.40 4,026.60 -5,938.93 4,117.81

XBEL:NIIS vs PSX, MPC, VLO: EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, NIS AD'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.


NIS AD EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NIS AD's EV-to-EBIT distribution charts can be found below:

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


XBEL:NIIS
18GF Score
NIS AD XBEL:NIIS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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NIS AD 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 RSD-4,023 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 RSD-4,023 Mil mean?
NIS AD (XBEL:NIIS) has a EBIT of RSD-4,023 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NIS AD.
Is NIS AD's EBIT too high?
NIS AD's current EBIT is RSD-4,023 Mil. Overall, NIS AD has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does NIS AD's EBIT compare to PSX and MPC?
NIS AD's EBIT of RSD-4,023 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 NIS AD. NIS AD's current EBIT is RSD-4,023 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIS AD stock overvalued right now?
NIS AD (XBEL:NIIS) has a current EBIT of RSD-4,023 Mil. The stock's GF Value™ is RSD705.03, compared to a current price of RSD705.00 — trading 0% below its estimated fair value. The current EBIT is RSD-4,023 Mil. NIS AD's overall GF Score™ is 18/100 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 NIS AD (XBEL:NIIS), the current EBIT is RSD-4,023 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 NIS AD (XBEL:NIIS) Overvalued in 2026?

Based on GuruFocus' analysis, NIS AD stock appears to be undervalued. The current stock price of RSD705.00 is trading 0% below its estimated GF Value™ of RSD705.03.

Key valuation signals for XBEL:NIIS:

  • EBIT: RSD-4,023 Mil
  • GF Value™: RSD705.03 vs. price of RSD705.00 (0% below fair value)
  • GF Score™: 18/100 with 3 warning signs

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


NIS AD Business Description

Industry EnergyOil & Gas
Address Narodnog Fronta 12, Novi Sad, SRB, 21000
NIS AD is vertically-integrated energy company operating in Serbia. It engages in the exploration, production, and development of crude oil and gas as well as the production of refined petroleum products, petroleum products and gas trading and electric generation and trading. NIS operates through two segments namely Upstream and Downstream. The Upstream segment includes exploration, development, and production of crude oil and natural gas and oil field services whereas the Downstream segment includes refining and marketing, processing of crude oil into refined products and purchases, sale and transport of crude and refined petroleum products. The company's products are compressed natural gas, motor fuels, energy fuels, oils and lubricants, petrochemical products, and other products.
18GF Score

Get the complete analysis for XBEL:NIIS

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

RSD705.00
Price
RSD705.03
GF Value