Exel Industries (XPAR:EXE) EBIT: €3.9 Mil (TTM As of Mar. 2026)


XPAR:EXE Exel Industries SA XPAR:EXE
67 GF Score
Price €20.20
GF Value €38.27
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Exel Industries EBIT?

Exel Industries XPAR:EXE -5.16% 67 EBIT is €3.9 Mil as of Mar. 2026. GuruFocus rates XPAR:EXE with a GF Score™ of 67/100 and a GF Value™ of €38.27 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Exel Industries's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was €-19.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €3.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Exel Industries's annualized ROC % for the quarter that ended in Mar. 2026 was -5.53%. Exel Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -8.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Exel Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.26%.

Exel Industries  (XPAR:EXE) EBIT Explanation

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

Exel Industries'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-45.974 * ( 1 - 15.66% )/( (680.156 + 722.086)/ 2 )
=-38.7744716/701.121
=-5.53 %

where

Invested Capital(Q: Sep. 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))
=840.403 - 118.475 - ( 41.772 - max(0, 279.313 - 513.401+41.772))
=680.156

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))
=925.702 - 162.35 - ( 41.266 - max(0, 360.549 - 591.578+41.266))
=722.086

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Exel Industries'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-39.064/( ( (202.507 + max(248.845, 0)) + (204.615 + max(292.252, 0)) )/ 2 )
=-39.064/( ( 451.352 + 496.867 )/ 2 )
=-39.064/474.1095
=-8.24 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(149.272 + 271.209 + 30.258) - (118.475 + 0 + 83.419)
=248.845

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(161.251 + 344.167 + 29.004) - (162.35 + 0 + 79.82)
=292.252

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=3.866/306.337
=1.26 %

* 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.

Exel Industries EBIT Related Terms

Exel Industries EBIT Historical Data

* Premium members only.

The historical data trend for Exel Industries'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.

Exel Industries EBIT Chart

Exel Industries Annual Data
Trend Aug15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.03 41.21 67.78 52.62 28.99

Exel Industries Semi-Annual Data
Feb16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 12.48 40.15 5.59 23.40 -19.53

XPAR:EXE vs CAT, DE, PCAR: EBIT Comparison

For the Farm & Heavy Construction Machinery subindustry, Exel Industries'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.

Exel Industries EV-to-EBIT vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Exel Industries's EV-to-EBIT distribution charts can be found below:

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


XPAR:EXE
67GF Score
Exel Industries SA XPAR:EXE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Exel Industries 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 semi-annually data reported by the company within the most recent 12 months, which was €3.9 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 €3.9 Mil mean?
Exel Industries (XPAR:EXE) has a EBIT of €3.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Exel Industries.
Is Exel Industries' EBIT too high?
Exel Industries' current EBIT is €3.9 Mil. Overall, Exel Industries has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Exel Industries' EBIT compare to CAT and DE?
Exel Industries' EBIT of €3.9 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good EBIT depends on the Farm & Heavy Construction Machinery 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 Exel Industries. Exel Industries's current EBIT is €3.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exel Industries stock overvalued right now?
Based on GuruFocus' analysis, Exel Industries (XPAR:EXE) is currently considered Significantly Undervalued. The stock's GF Value™ is €38.27, compared to a current price of €20.20 — trading 47.2% below its estimated fair value. The current EBIT is €3.9 Mil. Exel Industries' overall GF Score™ is 67/100 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 Exel Industries (XPAR:EXE), the current EBIT is €3.9 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 Exel Industries (XPAR:EXE) Overvalued in 2026?

Based on GuruFocus' analysis, Exel Industries stock appears to be undervalued. The current stock price of €20.20 is trading 47.2% below its estimated GF Value™ of €38.27. GuruFocus considers Exel Industries to be Significantly Undervalued.

Key valuation signals for XPAR:EXE:

  • EBIT: €3.9 Mil
  • GF Value™: €38.27 vs. price of €20.20 (47.2% below fair value)
  • GF Score™: 67/100 with 5 warning signs

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

Exel Industries Business Description

Other Exchanges 0NA0:UK8YK:Germany
Address 52, rue de la Victoire, Paris, FRA, 75009
Exel Industries SA is a French company which is active in the business of manufacture of spraying equipment for plant protection for professional, semi-professional and consumer agricultural applications. The company is also engaged in the business of sugar beet harvesting, providing gardening, spraying and watering equipment and industrial precision spraying solutions which cover protection, finishes, lubrication and pollution clean-up. It markets its products under the brand name of Hozelock, Berthoud, Tecnoma, Laser and Cooper Pegler brands, Kremlin rexsons and Sames. The company earns the majority of its revenue from the agricultural equipment business and geographically from Europe region.
67GF Score

Get the complete analysis for XPAR:EXE

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

€20.20
Price
€38.27
GF Value