Zest SpA (MIL:ZEST) Pre-Tax Income: €-0.90 Mil (TTM As of Dec. 2025)

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MIL:ZEST Zest SpA MIL:ZEST
24 GF Score
Price €0.12
GF Value €0.14
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Zest SpA Pre-Tax Income?

Zest SpA MIL:ZEST +1.22% 24 Pre-Tax Income is €-0.90 Mil as of Dec. 2025. GuruFocus rates MIL:ZEST with a GF Score™ of 24/100 and a GF Value™ of €0.14 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Zest SpA's pretax income for the six months ended in Dec. 2025 was €-0.58 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.90 Mil. Zest SpA's pretax margin was -15.45%.

During the past 13 years, Zest SpA's highest Pretax Margin was 134.22%. The lowest was -184.91%. And the median was -13.57%.


Zest SpA  (MIL:ZEST) Pre-Tax Income Explanation

Zest SpA's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.579/3.748
=-15.45%

During the past 13 years, Zest SpA's highest Pretax Margin was 134.22%. The lowest was -184.91%. And the median was -13.57%.

* 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.


Zest SpA Pre-Tax Income Related Terms


Zest SpA Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Zest SpA's Pre-Tax Income 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.

Zest SpA Pre-Tax Income Chart

Zest SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 -2.66 -3.16 7.76 -0.90

Zest SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pre-Tax Income 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 -2.55 7.86 -0.10 -0.33 -0.58

MIL:ZEST vs BLK, BX, KKR: Pre-Tax Income Comparison

For the Asset Management subindustry, Zest SpA's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Zest SpA Pre-Tax Income vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Zest SpA's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Zest SpA's Pre-Tax Income falls into.


MIL:ZEST
24GF Score
Zest SpA MIL:ZEST
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Zest SpA Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Zest SpA's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=0.066+0+-0.515+0+-0.455
=-0.90

Zest SpA's Pretax Income for the quarter that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=0.065+0+-0.341+0+-0.303
=-0.58

Pre-Tax Income 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 €-0.90 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 Pre-Tax Income →
What does a Pre-Tax Income of €-0.90 Mil mean?
Zest SpA (MIL:ZEST) has a Pre-Tax Income of €-0.90 Mil as of Dec. 2025. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Zest SpA and its competitors.
Is Zest SpA's Pre-Tax Income too high?
Zest SpA's current Pre-Tax Income is €-0.90 Mil. Overall, Zest SpA has a GF Score™ of 24/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zest SpA's Pre-Tax Income compare to BLK and BX?
Zest SpA's Pre-Tax Income of €-0.90 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 Pre-Tax Income for an Asset Management company?
A good Pre-Tax Income depends on the Asset Management industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Zest SpA and its competitors. Zest SpA's current Pre-Tax Income is €-0.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zest SpA stock overvalued right now?
Based on GuruFocus' analysis, Zest SpA (MIL:ZEST) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.14, compared to a current price of €0.12 — trading 11.4% below its estimated fair value. The current Pre-Tax Income is €-0.90 Mil. Zest SpA's overall GF Score™ is 24/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Zest SpA (MIL:ZEST), the current Pre-Tax Income is €-0.90 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 Zest SpA (MIL:ZEST) Overvalued in 2026?

Based on GuruFocus' analysis, Zest SpA stock appears to be undervalued. The current stock price of €0.12 is trading 11.4% below its estimated GF Value™ of €0.14. GuruFocus considers Zest SpA to be Modestly Undervalued.

Key valuation signals for MIL:ZEST:

  • Pre-Tax Income: €-0.90 Mil
  • GF Value™: €0.14 vs. price of €0.12 (11.4% below fair value)
  • GF Score™: 24/100 with 5 warning signs

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


Zest SpA Business Description

Address Via Marsala 29h, Rome, ITA, 00185
Zest SpA formerly LVenture Group SpA is a holding company. It operates in the Private Equity and Venture Capital and provides financial support for the development of StartUp, bringing also a network of relationships and high sectoral expertise.
24GF Score

Get the complete analysis for MIL:ZEST

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

€0.12
Price
€0.14
GF Value