Heliad AG (XTER:A7A) EBIT: €109.45 Mil (TTM As of Dec. 2025)


XTER:A7A Heliad AG XTER:A7A
61 GF Score
Price €14.15
GF Value €3.79
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Heliad AG EBIT?

Heliad AG XTER:A7A 61 EBIT is €109.45 Mil as of Dec. 2025. GuruFocus rates XTER:A7A with a GF Score™ of 61/100 and a GF Value™ of €3.79 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Heliad AG's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €67.61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €109.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Heliad AG's annualized ROC % for the quarter that ended in Dec. 2025 was -4.42%. Heliad AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 7,505.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Heliad AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 74.12%.


Heliad AG  (XTER:A7A) EBIT Explanation

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

Heliad 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 )
=-8.12 * ( 1 - 1.59% )/( (267.447 + 94.491)/ 2 )
=-7.990892/180.969
=-4.42 %

where

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:

Heliad 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 )
=135.216/( ( (0.664 + max(1.655, 0)) + (0.159 + max(1.125, 0)) )/ 2 )
=135.216/( ( 2.319 + 1.284 )/ 2 )
=135.216/1.8015
=7,505.75 %

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)
=(0 + 0 + 3.35) - (0.034 + 0 + 1.661)
=1.655

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1.259) - (0.102 + 0 + 0.032)
=1.125

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=109.454/147.678
=74.12 %

* 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.


Heliad AG EBIT Related Terms


Heliad AG EBIT Historical Data

* Premium members only.

The historical data trend for Heliad 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.

Heliad AG EBIT Chart

Heliad 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 0.17 2.38 21.37 31.59 109.45

Heliad 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 28.64 10.46 21.13 41.85 67.61

XTER:A7A vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Heliad 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.


Heliad AG EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Heliad AG's EV-to-EBIT distribution charts can be found below:

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


XTER:A7A
61GF Score
Heliad AG XTER:A7A
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Heliad 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 €109.45 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 €109.45 Mil mean?
Heliad AG (XTER:A7A) has a EBIT of €109.45 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Heliad AG.
Is Heliad AG's EBIT too high?
Heliad AG's current EBIT is €109.45 Mil. Overall, Heliad AG has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Heliad AG's EBIT compare to BLK and BX?
Heliad AG's EBIT of €109.45 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good EBIT depends on the Asset Management 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 Heliad AG. Heliad AG's current EBIT is €109.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heliad AG stock overvalued right now?
Based on GuruFocus' analysis, Heliad AG (XTER:A7A) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.79, compared to a current price of €14.15 — trading 273.4% above its estimated fair value. The current EBIT is €109.45 Mil. Heliad AG's overall GF Score™ is 61/100 with 9 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 Heliad AG (XTER:A7A), the current EBIT is €109.45 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 Heliad AG (XTER:A7A) Overvalued in 2026?

Based on GuruFocus' analysis, Heliad AG stock appears to be overvalued. The current stock price of €14.15 is trading 273.4% above its estimated GF Value™ of €3.79. GuruFocus considers Heliad AG to be Significantly Overvalued.

Key valuation signals for XTER:A7A:

  • EBIT: €109.45 Mil
  • GF Value™: €3.79 vs. price of €14.15 (273.4% above fair value)
  • GF Score™: 61/100 with 9 warning signs

No single metric tells the full story. See the XTER:A7A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heliad AG Business Description

Other Exchanges A7A:GermanyA7A:Germany
Address Ulmenstrasse 37-39, Frankfurt am Main, HE, DEU, 60325
Heliad AG is an investment company. It makes investments with a long investment horizon in high-growth technology companies, providing them long-term support before, during, and after an IPO, and facilitates their access to public capital markets. The company's structure allows it to act independently of the restrictions of customary financing terms and offers shareholders access to market returns even before the IPO, without restrictions or limitations on the size of the investments and term commitments for the shareholders.
61GF Score

Get the complete analysis for XTER:A7A

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

€14.15
Price
€3.79
GF Value