Voda Vrnjci a.d (XBEL:VDAV) EBIT: RSD44.3 Mil (TTM As of Dec. 2025)


XBEL:VDAV Voda Vrnjci a.d XBEL:VDAV
19 GF Score
Price RSD4,601.00
! 5 Warning Signs
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What is Voda Vrnjci a.d EBIT?

Voda Vrnjci a.d XBEL:VDAV 19 EBIT is RSD44.3 Mil as of Dec. 2025. GuruFocus rates XBEL:VDAV with a GF Score™ of 19/100. The stock has 5 warning signs investors should review.

Voda Vrnjci a.d's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was RSD43.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was RSD44.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Voda Vrnjci a.d's annualized ROC % for the quarter that ended in Dec. 2025 was 6.07%. Voda Vrnjci a.d's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Voda Vrnjci a.d's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 11.37%.

Voda Vrnjci a.d  (XBEL:VDAV) EBIT Explanation

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

Voda Vrnjci a.d's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=89.646 * ( 1 - 0% )/( (1487.676 + 1464.922)/ 2 )
=89.646/1476.299
=6.07 %

where

Invested Capital(Q: Jun. 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))
=1800.37 - 148.442 - ( 164.252 - max(0, 169.561 - 673.336+164.252))
=1487.676

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))
=1768.054 - 72.751 - ( 230.381 - max(0, 101.669 - 662.796+230.381))
=1464.922

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Voda Vrnjci a.d's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=86.064/( ( (1114.49 + max(336.408, 0)) + (1092.859 + max(331.801, 0)) )/ 2 )
=86.064/( ( 1450.898 + 1424.66 )/ 2 )
=86.064/1437.779
=5.99 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(301.74 + 190.772 + 6.848) - (148.442 + 0 + 14.51)
=336.408

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(245.284 + 157.221 + 20.685) - (72.751 + 0 + 18.638)
=331.801

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Voda Vrnjci a.d's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=44.346/390.171
=11.37 %

* 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.

Voda Vrnjci a.d EBIT Related Terms

Voda Vrnjci a.d EBIT Historical Data

* Premium members only.

The historical data trend for Voda Vrnjci a.d'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.

Voda Vrnjci a.d EBIT Chart

Voda Vrnjci a.d 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 -148.45 -122.41 10.44 65.96 44.35

Voda Vrnjci a.d Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 42.22 -4.94 70.90 1.31 43.03

XBEL:VDAV vs MOJO, GHMP: EBIT Comparison

For the Beverages - Non-Alcoholic subindustry, Voda Vrnjci a.d'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.

Voda Vrnjci a.d EV-to-EBIT vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Voda Vrnjci a.d's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Voda Vrnjci a.d's EV-to-EBIT falls into.


XBEL:VDAV
19GF Score
Voda Vrnjci a.d XBEL:VDAV
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Voda Vrnjci a.d 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was RSD44.3 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 RSD44.3 Mil mean?
Voda Vrnjci a.d (XBEL:VDAV) has a EBIT of RSD44.3 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Voda Vrnjci a.d.
Is Voda Vrnjci a.d's EBIT too high?
Voda Vrnjci a.d's current EBIT is RSD44.3 Mil. Overall, Voda Vrnjci a.d has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Voda Vrnjci a.d's EBIT compare to MOJO and GHMP?
Voda Vrnjci a.d's EBIT of RSD44.3 Mil can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good EBIT depends on the Beverages - Non-Alcoholic 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 Voda Vrnjci a.d. Voda Vrnjci a.d's current EBIT is RSD44.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voda Vrnjci a.d stock overvalued right now?
Voda Vrnjci a.d (XBEL:VDAV) has a current EBIT of RSD44.3 Mil. The current EBIT is RSD44.3 Mil. Voda Vrnjci a.d's overall GF Score™ is 19/100 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 Voda Vrnjci a.d (XBEL:VDAV), the current EBIT is RSD44.3 Mil as of Dec. 2025. 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.

Voda Vrnjci a.d Business Description

Address Kneza Milosa 162, Vrnjacka Banja, SRB, 36210
Voda Vrnjci a.d is engaged in the production of soft drinks, mineral waters, and other bottled waters. The company bottled water brands include Gazirana 21, Slightly carbonated 21, Negated 1.51, and premiun non-greasy O.751.
19GF Score

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

RSD4,601.00
Price