Mortgage Advice Bureau (Holdings) (LSE:MAB1) EBIT : £18.8 Mil (TTM As of Dec. 2023)

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What is Mortgage Advice Bureau (Holdings) EBIT?

Mortgage Advice Bureau (Holdings)'s earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £10.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £18.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mortgage Advice Bureau (Holdings)'s annualized ROC % for the quarter that ended in Dec. 2023 was 11.37%. Mortgage Advice Bureau (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 228.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mortgage Advice Bureau (Holdings)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.61%.

Mortgage Advice Bureau (Holdings) EBIT Historical Data

The historical data trend for Mortgage Advice Bureau (Holdings)'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.

* Premium members only.

Mortgage Advice Bureau (Holdings) EBIT Chart

Mortgage Advice Bureau (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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17.78

15.09

23.34

18.59

18.79

Mortgage Advice Bureau (Holdings) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															12.44	10.20	8.39	8.66	10.13

Competitive Comparison of Mortgage Advice Bureau (Holdings)'s EBIT

For the Mortgage Finance subindustry, Mortgage Advice Bureau (Holdings)'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.

Mortgage Advice Bureau (Holdings)'s EV-to-EBIT Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mortgage Advice Bureau (Holdings)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mortgage Advice Bureau (Holdings)'s EV-to-EBIT falls into.

Mortgage Advice Bureau (Holdings) 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £18.8 Mil.

Mortgage Advice Bureau (Holdings) (LSE:MAB1) EBIT Explanation

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

Mortgage Advice Bureau (Holdings)'s annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	23.354 * ( 1 - 29.89% )	/	( (143.694	+	144.202)	/ 2 )
=	16.3734894	/	143.948
=	11.37 %

where

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	171.049	-	40.334	-	( 5.021	-	max(0, 51.407	-	38.428	+	5.021	))
=	143.694

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	158.377	-	35.616	-	( 3.022	-	max(0, 52.702	-	31.261	+	3.022	))
=	144.202

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Mortgage Advice Bureau (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	20.256	/	( ( (9.669 + max(-16.992, 0))	+	(8.082 + max(-25.731, 0)) )	/	2 )
=	20.256	/	( ( 9.669	+	8.082 )	/	2 )
=	20.256	/	8.8755
=	228.22 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.909	+	0	+	19.433)	-	(40.334	+	0	+	-7.105427357601E-15)
=	-16.992

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.298	+	0	+	18.918)	-	(35.616	+	0	+	10.331)
=	-25.731

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Mortgage Advice Bureau (Holdings)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	18.788	/	519.759
	=	3.61 %

Mortgage Advice Bureau (Holdings) EBIT Related Terms

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Mortgage Advice Bureau (Holdings) (LSE:MAB1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mortgage Advice Bureau (Holdings) PLC (LSE:MAB1) » Definitions » EBIT

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Traded in Other Exchanges

MABHF:USA

Address

Capital House, Pride Place, Pride Park, Derby, GBR, DE24 8QR

Website

https://www.mortgageadvicebureau.com

Mortgage Advice Bureau (Holdings) PLC provides mortgage advice and also advice on protection and general insurance products. The group offers advice on residential and buy to let mortgage products. The company has developed customized support services for intermediary firms that operate in estate agency, new build, buy to let, mortgage shops and telephone based mortgage services. The company derives its revenues from mortgage procuration fees, insurance commission, and client fees. Mortgage procuration fees generate the majority of the revenues.

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