Ceres Power Holdings (CHIX:CWRL) EBIT: £-45.97 Mil (TTM As of Dec. 2025)


CHIX:CWRL Ceres Power Holdings PLC CHIX:CWRL
26 GF Score
Price £6.09
GF Value £3.15
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ceres Power Holdings EBIT?

Ceres Power Holdings CHIX:CWRL -9.44% 26 EBIT is £-45.97 Mil as of Dec. 2025. GuruFocus rates CHIX:CWRL with a GF Score™ of 26/100 and a GF Value™ of £3.15 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Ceres Power Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was £-27.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was £-45.97 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ceres Power Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -84.02%. Ceres Power Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -252.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ceres Power Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -3.79%.

Ceres Power Holdings  (CHIX:CWRl) EBIT Explanation

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

Ceres Power Holdings's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-53.968 * ( 1 - 0% )/( (60.782 + 67.682)/ 2 )
=-53.968/64.232
=-84.02 %

where

Invested Capital(Q: Jun. 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))
=162.407 - 3.673 - ( 104.067 - max(0, 22.421 - 120.373+104.067))
=60.782

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))
=145.796 - 2.742 - ( 83.272 - max(0, 33.223 - 108.595+83.272))
=67.682

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Ceres Power Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-54.644/( ( (23.025 + max(-13.691, 0)) + (20.257 + max(-10.32, 0)) )/ 2 )
=-54.644/( ( 23.025 + 20.257 )/ 2 )
=-54.644/21.641
=-252.50 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.67 + 2.674 + 3.573) - (3.673 + 0 + 17.935)
=-13.691

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.938 + 3.203 + 3.928) - (2.742 + 0 + 29.647)
=-10.32

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Ceres Power Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-45.969/1211.543
=-3.79 %

* 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.

Ceres Power Holdings EBIT Related Terms

Ceres Power Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Ceres Power 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.

Ceres Power Holdings EBIT Chart

Ceres Power Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.99 -51.19 -53.17 -25.59 -45.97

Ceres Power Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -27.19 -10.65 -14.94 -18.65 -27.32

CHIX:CWRL vs VRT, BE: EBIT Comparison

For the Electrical Equipment & Parts subindustry, Ceres Power 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.

Ceres Power Holdings EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ceres Power Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ceres Power Holdings's EV-to-EBIT falls into.


CHIX:CWRL
26GF Score
Ceres Power Holdings PLC CHIX:CWRL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ceres Power 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-45.97 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 £-45.97 Mil mean?
Ceres Power Holdings (CHIX:CWRL) has a EBIT of £-45.97 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ceres Power Holdings.
Is Ceres Power Holdings' EBIT too high?
Ceres Power Holdings' current EBIT is £-45.97 Mil. Overall, Ceres Power Holdings has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ceres Power Holdings' EBIT compare to VRT and BE?
Ceres Power Holdings' EBIT of £-45.97 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good EBIT depends on the Industrial Products 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 Ceres Power Holdings. Ceres Power Holdings's current EBIT is £-45.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceres Power Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ceres Power Holdings (CHIX:CWRL) is currently considered Significantly Overvalued. The stock's GF Value™ is £3.15, compared to a current price of £6.09 — trading 93.3% above its estimated fair value. The current EBIT is £-45.97 Mil. Ceres Power Holdings' overall GF Score™ is 26/100 with 4 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 Ceres Power Holdings (CHIX:CWRL), the current EBIT is £-45.97 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 Ceres Power Holdings (CHIX:CWRL) Overvalued in 2026?

Based on GuruFocus' analysis, Ceres Power Holdings stock appears to be overvalued. The current stock price of £6.09 is trading 93.3% above its estimated GF Value™ of £3.15. GuruFocus considers Ceres Power Holdings to be Significantly Overvalued.

Key valuation signals for CHIX:CWRL:

  • EBIT: £-45.97 Mil
  • GF Value™: £3.15 vs. price of £6.09 (93.3% above fair value)
  • GF Score™: 26/100 with 4 warning signs

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

Ceres Power Holdings Business Description

Address Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a primary developer of clean energy technology fuel cells for power generation and electrolysers to produce green hydrogen. Its licensing model enables partners to develop solid oxide technology supporting greater electrification of energy systems, including AI data centres, commercial and industrial applications, and produce green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels. The majority of revenue comes from Asian country followed by Europe and North America.
26GF Score

Get the complete analysis for CHIX:CWRL

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

£6.09
Price
£3.15
GF Value