VAT Group AG (XSWX:VACN) EBIT: CHF261 Mil (TTM As of Dec. 2025)


XSWX:VACN VAT Group AG XSWX:VACN
89 GF Score
Price CHF665.60
GF Value CHF426.77
Valuation Significantly Overvalued
! 7 Warning Signs
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What is VAT Group AG EBIT?

VAT Group AG XSWX:VACN -0.48% 89 EBIT is CHF261 Mil as of Dec. 2025. GuruFocus rates XSWX:VACN with a GF Score™ of 89/100 and a GF Value™ of CHF426.77 (Significantly Overvalued). The stock has 7 warning signs investors should review.

VAT Group AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was CHF118 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was CHF261 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. VAT Group AG's annualized ROC % for the quarter that ended in Dec. 2025 was 19.53%. VAT Group AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 44.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. VAT Group AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1.30%.

VAT Group AG  (XSWX:VACN) EBIT Explanation

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

VAT Group AG'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 )
=247.744 * ( 1 - 14.89% )/( (1085.791 + 1073.188)/ 2 )
=210.8549184/1079.4895
=19.53 %

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))
=1357.438 - 123.37 - ( 148.277 - max(0, 391.199 - 583.363+148.277))
=1085.791

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))
=1262.878 - 75.984 - ( 140.983 - max(0, 362.014 - 475.72+140.983))
=1073.188

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:

VAT Group AG'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 )
=236.9/( ( (313.814 + max(236.938, 0)) + (334.973 + max(170.396, 0)) )/ 2 )
=236.9/( ( 550.752 + 505.369 )/ 2 )
=236.9/528.0605
=44.86 %

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)
=(158.328 + 236.594 + 30.233) - (123.37 + 0 + 64.847)
=236.938

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(125.765 + 190.021 + 12.998) - (75.984 + 0 + 82.404)
=170.396

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:

VAT Group AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=260.851/20053.285
=1.30 %

* 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.

VAT Group AG EBIT Related Terms

VAT Group AG EBIT Historical Data

* Premium members only.

The historical data trend for VAT Group AG'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.

VAT Group AG EBIT Chart

VAT Group AG 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 261.25 360.03 212.39 258.36 260.85

VAT Group AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 100.06 118.10 140.27 142.40 118.45

XSWX:VACN vs GEV, ETN, PH: EBIT Comparison

For the Specialty Industrial Machinery subindustry, VAT Group AG'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.

VAT Group AG EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, VAT Group AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where VAT Group AG's EV-to-EBIT falls into.


XSWX:VACN
89GF Score
VAT Group AG XSWX:VACN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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VAT Group AG 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 CHF261 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 CHF261 Mil mean?
VAT Group AG (XSWX:VACN) has a EBIT of CHF261 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on VAT Group AG.
Is VAT Group AG's EBIT too high?
VAT Group AG's current EBIT is CHF261 Mil. Overall, VAT Group AG has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VAT Group AG's EBIT compare to GEV and ETN?
VAT Group AG's EBIT of CHF261 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good EBIT depends on the Industrial Products 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 VAT Group AG. VAT Group AG's current EBIT is CHF261 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VAT Group AG stock overvalued right now?
Based on GuruFocus' analysis, VAT Group AG (XSWX:VACN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF426.77, compared to a current price of CHF665.60 — trading 56% above its estimated fair value. The current EBIT is CHF261 Mil. VAT Group AG's overall GF Score™ is 89/100 with 7 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 VAT Group AG (XSWX:VACN), the current EBIT is CHF261 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.

Is VAT Group AG (XSWX:VACN) Overvalued in 2026?

Based on GuruFocus' analysis, VAT Group AG stock appears to be overvalued. The current stock price of CHF665.60 is trading 56% above its estimated GF Value™ of CHF426.77. GuruFocus considers VAT Group AG to be Significantly Overvalued.

Key valuation signals for XSWX:VACN:

  • EBIT: CHF261 Mil
  • GF Value™: CHF426.77 vs. price of CHF665.60 (56% above fair value)
  • GF Score™: 89/100 with 7 warning signs

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

VAT Group AG Business Description

Address Rutistrasse 4, Haag, CHE, CH-9469
VAT Group AG is a developer and manufacturer of vacuum valves and related solutions used in vacuum environments required for the manufacturing of semiconductors, photovoltaic solar cells, digital displays, and other industrial and research applications. Its products are mission-critical components that enable high-precision processes in near-perfect vacuum environments. It operates through two segments: valves, which earn maximum revenue and focus on the design and manufacture of vacuum valves and related components, and service, which provides spare parts, repairs, upgrades, and support services for installed products. The company maintains a production footprint across multiple locations and serves customers internationally, earning a majority of its revenue from China.
89GF Score

Get the complete analysis for XSWX:VACN

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

CHF665.60
Price
CHF426.77
GF Value