Granit AD (XMAE:GRNT) EBIT: MKD46 Mil (TTM As of Mar. 2025)

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XMAE:GRNT Granit AD XMAE:GRNT
59 GF Score
Price MKD1,500.00
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What is Granit AD EBIT?

Granit AD XMAE:GRNT 59 EBIT is MKD46 Mil as of Mar. 2025. GuruFocus rates XMAE:GRNT with a GF Score™ of 59/100.

Granit AD's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2025 was MKD4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2025 was MKD46 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Granit AD's annualized ROC % for the quarter that ended in Mar. 2025 was 0.05%. Granit AD's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 0.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Granit AD's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 1.14%.

Granit AD  (XMAE:GRNT) EBIT Explanation

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

Granit AD's annualized ROC % for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=4.02 * ( 1 - 0% )/( (8125.127 + 0)/ 1 )
=4.02/8125.127
=0.05 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=9216.405 - 975.332 - ( 115.946 - max(0, 1325.938 - 3439.501+115.946))
=8125.127

Invested Capital(Q: Mar. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Note: The Operating Income data used here is four times the quarterly (Mar. 2025) data.

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

Granit AD's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=14.64/( ( (2301.31 + max(2000.217, 0)) + (0 + max(0, 0)) )/ 1 )
=14.64/( ( 4301.527 + 0 )/ 1 )
=14.64/4301.527
=0.34 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2061.87 + 996.315 + 260.742) - (975.332 + 0 + 343.378)
=2000.217

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2025 )
=46.225/4051.723
=1.14 %

* 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.

Granit AD EBIT Related Terms

Granit AD EBIT Historical Data

* Premium members only.

The historical data trend for Granit 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.

Granit AD EBIT Chart

Granit AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.78 183.64 140.39 145.65 51.28

Granit AD Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 8.71 134.26 7.46 -99.15 3.66

XMAE:GRNT vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Granit 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.

Granit AD EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Granit AD's EV-to-EBIT distribution charts can be found below:

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


XMAE:GRNT
59GF Score
Granit AD XMAE:GRNT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Granit 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MKD46 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 MKD46 Mil mean?
Granit AD (XMAE:GRNT) has a EBIT of MKD46 Mil as of Mar. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Granit AD.
Is Granit AD's EBIT too high?
Granit AD's current EBIT is MKD46 Mil. Overall, Granit AD has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Granit AD's EBIT compare to PWR and FIX?
Granit AD's EBIT of MKD46 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Granit AD. Granit AD's current EBIT is MKD46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granit AD stock overvalued right now?
Granit AD (XMAE:GRNT) has a current EBIT of MKD46 Mil. The current EBIT is MKD46 Mil. Granit AD's overall GF Score™ is 59/100. 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 Granit AD (XMAE:GRNT), the current EBIT is MKD46 Mil as of Mar. 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.

Granit AD Business Description

Address Dimitrie Cupovski 8, Skopje, MKD, 1000
Granit AD is engaged in the construction of buildings and infrastructure outside Macedonian borders. The company has been active in Libya, Kuwait, Iraq, Russia, Ukraine, Germany, Albania, Bulgaria, Croatia, Bosnia and Herzegovina, Serbia, among others.
59GF Score

Get the complete analysis for XMAE:GRNT

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

MKD1,500.00
Price