INA-Industrija Nafte DD (ZAG:INA) EBIT: €229 Mil (TTM As of Mar. 2026)


ZAG:INA INA-Industrija Nafte DD ZAG:INA
73 GF Score
Price €530.00
GF Value €358.63
Valuation Significantly Overvalued
! 7 Warning Signs
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What is INA-Industrija Nafte DD EBIT?

INA-Industrija Nafte DD ZAG:INA 73 EBIT is €229 Mil as of Mar. 2026. GuruFocus rates ZAG:INA with a GF Score™ of 73/100 and a GF Value™ of €358.63 (Significantly Overvalued). The stock has 7 warning signs investors should review.

INA-Industrija Nafte DD's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €229 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. INA-Industrija Nafte DD's annualized ROC % for the quarter that ended in Mar. 2026 was 0.20%. INA-Industrija Nafte DD's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. INA-Industrija Nafte DD's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.95%.


INA-Industrija Nafte DD  (ZAG:INA) EBIT Explanation

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

INA-Industrija Nafte DD'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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=12.8 * ( 1 - 43.9% )/( (3358.375 + 3679.2)/ 2 )
=7.1808/3518.7875
=0.20 %

where

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))
=3475.42 - 439.599 - ( 161.486 - max(0, 1267.466 - 944.912+161.486))
=3358.375

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

INA-Industrija Nafte DD'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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=37.2/( ( (1964.176 + max(183.787, 0)) + (1961.8 + max(34.7, 0)) )/ 2 )
=37.2/( ( 2147.963 + 1996.5 )/ 2 )
=37.2/2072.2315
=1.80 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(293.473 + 431.526 + 45.595) - (439.599 + 0 + 147.208)
=183.787

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(331.8 + 546.2 + 89.5) - (587.1 + 0 + 345.7)
=34.7

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

INA-Industrija Nafte DD's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=229.1/5805.000
=3.95 %

* 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.


INA-Industrija Nafte DD EBIT Related Terms


INA-Industrija Nafte DD EBIT Historical Data

* Premium members only.

The historical data trend for INA-Industrija Nafte DD'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.

INA-Industrija Nafte DD EBIT Chart

INA-Industrija Nafte DD 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 212.38 419.58 331.56 260.46 247.79

INA-Industrija Nafte DD Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 60.40 50.00 113.80 56.00 9.30

ZAG:INA vs VLO, MPC, PSX: EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, INA-Industrija Nafte DD'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.


INA-Industrija Nafte DD EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, INA-Industrija Nafte DD's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where INA-Industrija Nafte DD's EV-to-EBIT falls into.


ZAG:INA
73GF Score
INA-Industrija Nafte DD ZAG:INA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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INA-Industrija Nafte DD 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 quarterly data reported by the company within the most recent 12 months, which was €229 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 €229 Mil mean?
INA-Industrija Nafte DD (ZAG:INA) has a EBIT of €229 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on INA-Industrija Nafte DD.
Is INA-Industrija Nafte DD's EBIT too high?
INA-Industrija Nafte DD's current EBIT is €229 Mil. Overall, INA-Industrija Nafte DD has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does INA-Industrija Nafte DD's EBIT compare to VLO and MPC?
INA-Industrija Nafte DD's EBIT of €229 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 INA-Industrija Nafte DD. INA-Industrija Nafte DD's current EBIT is €229 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INA-Industrija Nafte DD stock overvalued right now?
Based on GuruFocus' analysis, INA-Industrija Nafte DD (ZAG:INA) is currently considered Significantly Overvalued. The stock's GF Value™ is €358.63, compared to a current price of €530.00 — trading 47.8% above its estimated fair value. The current EBIT is €229 Mil. INA-Industrija Nafte DD's overall GF Score™ is 73/100 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 INA-Industrija Nafte DD (ZAG:INA), the current EBIT is €229 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 INA-Industrija Nafte DD (ZAG:INA) Overvalued in 2026?

Based on GuruFocus' analysis, INA-Industrija Nafte DD stock appears to be overvalued. The current stock price of €530.00 is trading 47.8% above its estimated GF Value™ of €358.63. GuruFocus considers INA-Industrija Nafte DD to be Significantly Overvalued.

Key valuation signals for ZAG:INA:

  • EBIT: €229 Mil
  • GF Value™: €358.63 vs. price of €530.00 (47.8% above fair value)
  • GF Score™: 73/100 with 7 warning signs

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


INA-Industrija Nafte DD Business Description

Industry EnergyOil & Gas
Address Avenija Veceslava, Holjevca 10, Zagreb, HRV, 10 020
INA-Industrija Nafte DD is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.
73GF Score

Get the complete analysis for ZAG:INA

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

€530.00
Price
€358.63
GF Value