Alpha Adriatic JSC (ZAG:ULPL) EBIT: €-1.46 Mil (TTM As of Mar. 2026)


ZAG:ULPL Alpha Adriatic JSC ZAG:ULPL
49 GF Score
Price €10.80
GF Value €19.99
Valuation Possible Value Trap
! 2 Warning Signs
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What is Alpha Adriatic JSC EBIT?

Alpha Adriatic JSC ZAG:ULPL +12.50% 49 EBIT is €-1.46 Mil as of Mar. 2026. GuruFocus rates ZAG:ULPL with a GF Score™ of 49/100 and a GF Value™ of €19.99 (Possible Value Trap). The stock has 2 warning signs investors should review.

Alpha Adriatic JSC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-0.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €-1.46 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alpha Adriatic JSC's annualized ROC % for the quarter that ended in Mar. 2026 was 1.60%. Alpha Adriatic JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alpha Adriatic JSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.20%.


Alpha Adriatic JSC  (ZAG:ULPL) EBIT Explanation

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

Alpha Adriatic JSC'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 )
=1.536 * ( 1 - 0% )/( (78.361 + 113.501)/ 2 )
=1.536/95.931
=1.60 %

where

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

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

Alpha Adriatic JSC'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 )
=-1.26/( ( (54.073 + max(-12.437, 0)) + (51.767 + max(-13.928, 0)) )/ 2 )
=-1.26/( ( 54.073 + 51.767 )/ 2 )
=-1.26/52.92
=-2.38 %

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)
=(0.598 + 0.236 + 8.8817841970013E-16) - (5.084 + 0 + 8.187)
=-12.437

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.535 + 0.368 + 0) - (5.39 + 0 + 9.441)
=-13.928

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:

Alpha Adriatic JSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-1.461/66.478
=-2.20 %

* 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.


Alpha Adriatic JSC EBIT Related Terms


Alpha Adriatic JSC EBIT Historical Data

* Premium members only.

The historical data trend for Alpha Adriatic JSC'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.

Alpha Adriatic JSC EBIT Chart

Alpha Adriatic JSC 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 12.56 26.81 10.51 1.97 7.85

Alpha Adriatic JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 4.60 0.04 -0.84 -0.31 -0.32

ZAG:ULPL vs UPS, FDX, JBHT: EBIT Comparison

For the Integrated Freight & Logistics subindustry, Alpha Adriatic JSC'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.


Alpha Adriatic JSC EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Alpha Adriatic JSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alpha Adriatic JSC's EV-to-EBIT falls into.


ZAG:ULPL
49GF Score
Alpha Adriatic JSC ZAG:ULPL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Adriatic JSC 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 €-1.46 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 €-1.46 Mil mean?
Alpha Adriatic JSC (ZAG:ULPL) has a EBIT of €-1.46 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Alpha Adriatic JSC.
Is Alpha Adriatic JSC's EBIT too high?
Alpha Adriatic JSC's current EBIT is €-1.46 Mil. Overall, Alpha Adriatic JSC has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alpha Adriatic JSC's EBIT compare to UPS and FDX?
Alpha Adriatic JSC's EBIT of €-1.46 Mil can be compared against companies in the Transportation 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 Transportation company?
A good EBIT depends on the Transportation 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 Alpha Adriatic JSC. Alpha Adriatic JSC's current EBIT is €-1.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Adriatic JSC stock overvalued right now?
Based on GuruFocus' analysis, Alpha Adriatic JSC (ZAG:ULPL) is currently considered Possible Value Trap. The stock's GF Value™ is €19.99, compared to a current price of €10.80 — trading 46% below its estimated fair value. The current EBIT is €-1.46 Mil. Alpha Adriatic JSC's overall GF Score™ is 49/100 with 2 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 Alpha Adriatic JSC (ZAG:ULPL), the current EBIT is €-1.46 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 Alpha Adriatic JSC (ZAG:ULPL) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Adriatic JSC stock appears to be undervalued. The current stock price of €10.80 is trading 46% below its estimated GF Value™ of €19.99. GuruFocus considers Alpha Adriatic JSC to be Possible Value Trap.

Key valuation signals for ZAG:ULPL:

  • EBIT: €-1.46 Mil
  • GF Value™: €19.99 vs. price of €10.80 (46% below fair value)
  • GF Score™: 49/100 with 2 warning signs

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


Alpha Adriatic JSC Business Description

Address Carrarina 6, Pula, HRV, 52100
Alpha Adriatic JSC engaged in activities of international maritime transportation of goods in dry bulk and tanker sectors and providing full ship management services for third parties. It has interests in oil and chemical tankers, and bulk carriers and also provides third-party ship management services for oil and chemical tankers.
49GF Score

Get the complete analysis for ZAG:ULPL

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

€10.80
Price
€19.99
GF Value