Hollywood Bowl Group (LSE:BOWL) EBIT : £55.5 Mil (TTM As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Hollywood Bowl Group EBIT?

Hollywood Bowl Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was £23.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was £55.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hollywood Bowl Group's annualized ROC % for the quarter that ended in Sep. 2023 was 9.60%. Hollywood Bowl Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 20.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hollywood Bowl Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 7.60%.

Hollywood Bowl Group EBIT Historical Data

The historical data trend for Hollywood Bowl Group'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.

Hollywood Bowl Group EBIT Chart

Hollywood Bowl Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

EBIT

Get a 7-Day Free Trial

28.61

9.94

9.58

55.46

55.53

Hollywood Bowl Group Semi-Annual Data
	Sep13	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial														19.60	37.62	17.85	31.74	23.78

Competitive Comparison of Hollywood Bowl Group's EBIT

For the Leisure subindustry, Hollywood Bowl Group'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.

Hollywood Bowl Group's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hollywood Bowl Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hollywood Bowl Group's EV-to-EBIT falls into.

Hollywood Bowl Group 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £55.5 Mil.

Hollywood Bowl Group (LSE:BOWL) EBIT Explanation

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

Hollywood Bowl Group's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	45.676 * ( 1 - 27.86% )	/	( (338.901	+	347.749)	/ 2 )
=	32.9506664	/	343.325
=	9.60 %

where

	Invested Capital		(Q: Mar. 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	))
=	366.909	-	13.312	-	( 44.149	-	max(0, 37.99	-	52.686	+	44.149	))
=	338.901

	Invested Capital		(Q: Sep. 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	))
=	383.506	-	13.688	-	( 52.455	-	max(0, 41.662	-	63.731	+	52.455	))
=	347.749

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

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

Hollywood Bowl Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	47.562	/	( ( (225.297 + max(-17.683, 0))	+	(229.09 + max(-17.962, 0)) )	/	2 )
=	47.562	/	( ( 225.297	+	229.09 )	/	2 )
=	47.562	/	227.1935
=	20.93 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.498	+	2.639	+	4.26)	-	(13.312	+	0	+	12.768)
=	-17.683

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.356	+	2.445	+	6.346)	-	(13.688	+	0	+	15.421)
=	-17.962

When net working capital is negative, 0 is used.

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

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

Hollywood Bowl Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	55.525	/	730.284
	=	7.60 %

Hollywood Bowl Group EBIT Related Terms

Thank you for viewing the detailed overview of Hollywood Bowl Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Hollywood Bowl Group (LSE:BOWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hollywood Bowl Group PLC (LSE:BOWL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

BOWLl:UK 2H4:Germany

Address

Cleveland Road, Focus 31, West Wing, Hemel Hempstead Industrial Estate, Hemel Hempstead, Hertfordshire, GBR, HP2 7BW

Website

https://www.hollywoodbowlgroup.com

Hollywood Bowl Group PLC is a ten-pin bowling operator across the United Kingdom under the Hollywood Bowl, Splitsville and Puttstars brands. The company specializes in operating bowling centres, located on out of town multi-use leisure parks and large retail parks with all of the centres occupied by the company on a leasehold basis. The centres are designed to offer a complete family entertainment experience with each centre offering bowling lanes, on-site dining, licensed bars, and family games arcades. The company has two reporting segments, being the provision of ten-pin bowling and mini-golf centres in the United Kingdom which generates the majority of the revenue, and the provision of ten-pin bowling and mini-golf centres and the installation of bowling equipment in Canada.