Frontier Developments (CHIX:FDEVL) EBIT: £17.0 Mil (TTM As of Nov. 2025)

What is Frontier Developments EBIT?

Frontier Developments CHIX:FDEVL -0.68% 49 EBIT is £17.0 Mil as of Nov. 2025. GuruFocus rates CHIX:FDEVL with a GF Score™ of 49/100 and a GF Value™ of £2.80 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Frontier Developments's earnings before interest and taxes (EBIT) for the six months ended in Nov. 2025 was £8.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2025 was £17.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Frontier Developments's annualized ROC % for the quarter that ended in Nov. 2025 was 19.41%. Frontier Developments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was 73.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Frontier Developments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was 14.34%.

Frontier Developments (CHIX:FDEVl) EBIT Explanation

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

Frontier Developments's annualized ROC % for the quarter that ended in Nov. 2025 is calculated as:

	ROC % (Q: Nov. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: May. 2025 )	+	Invested Capital (Q: Nov. 2025 ))	/ count )
=	15.63 * ( 1 - 0% )	/	( (82.29	+	78.731)	/ 2 )
=	15.63	/	80.5105
=	19.41 %

where

	Invested Capital		(Q: May. 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	))
=	130.693	-	5.901	-	( 42.502	-	max(0, 14.958	-	59.72	+	42.502	))
=	82.29

	Invested Capital		(Q: Nov. 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	))
=	136.589	-	17.745	-	( 40.113	-	max(0, 23.269	-	65.887	+	40.113	))
=	78.731

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

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

Frontier Developments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Nov. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: May. 2025		Q: Nov. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	16.928	/	( ( (21.358 + max(-1.861, 0))	+	(20.034 + max(4.376, 0)) )	/	2 )
=	16.928	/	( ( 21.358	+	24.41 )	/	2 )
=	16.928	/	22.884
=	73.97 %

where Working Capital is:

	Working Capital		(Q: May. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.753	+	0	+	5.521)	-	(5.901	+	0	+	7.234)
=	-1.861

	Working Capital		(Q: Nov. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(20.906	+	0	+	4.868)	-	(17.745	+	0	+	3.653)
=	4.376

When net working capital is negative, 0 is used.

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

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

Frontier Developments's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Nov. 2025 )
	=	16.986	/	118.447
	=	14.34 %

* 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.

Frontier Developments EBIT Related Terms

Frontier Developments EBIT Historical Data

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The historical data trend for Frontier Developments's EBIT can be seen below:

Frontier Developments EBIT Chart

Frontier Developments Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

May24

May25

EBIT

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19.92

1.54

-26.58

-27.58

13.45

Frontier Developments Semi-Annual Data
	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24	May25	Nov25
EBIT	Get a 7-Day Free Trial															-30.82	3.24	4.93	8.52	8.46

CHIX:FDEVL vs NTES, EA, TTWO: EBIT Comparison

For the Electronic Gaming & Multimedia subindustry, Frontier Developments'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.

Frontier Developments EV-to-EBIT vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Frontier Developments's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Frontier Developments's EV-to-EBIT falls into.

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49GF Score

Frontier Developments PLC CHIX:FDEVL

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Frontier Developments 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 Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £17.0 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of £17.0 Mil mean?

Frontier Developments (CHIX:FDEVL) has a EBIT of £17.0 Mil as of Nov. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Frontier Developments.

Is Frontier Developments' EBIT too high?

Frontier Developments' current EBIT is £17.0 Mil. Overall, Frontier Developments has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Frontier Developments' EBIT compare to NTES and EA?

Frontier Developments' EBIT of £17.0 Mil can be compared against companies in the Interactive Media 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 Interactive Media company?

A good EBIT depends on the Interactive Media 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 Frontier Developments. Frontier Developments's current EBIT is £17.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Frontier Developments stock overvalued right now?

Based on GuruFocus' analysis, Frontier Developments (CHIX:FDEVL) is currently considered Significantly Overvalued. The stock's GF Value™ is £2.80, compared to a current price of £4.02 — trading 43.4% above its estimated fair value. The current EBIT is £17.0 Mil. Frontier Developments' overall GF Score™ is 49/100 with 3 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 Frontier Developments (CHIX:FDEVL), the current EBIT is £17.0 Mil as of Nov. 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 Frontier Developments (CHIX:FDEVL) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Developments stock appears to be overvalued. The current stock price of £4.02 is trading 43.4% above its estimated GF Value™ of £2.80. GuruFocus considers Frontier Developments to be Significantly Overvalued.

Key valuation signals for CHIX:FDEVL:

EBIT: £17.0 Mil
GF Value™: £2.80 vs. price of £4.02 (43.4% above fair value)
GF Score™: 49/100 with 3 warning signs

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

Frontier Developments Business Description

Industry Communication Services Interactive Media

Comparable Companies LSE:TRU LSE:DEVO LSE:GMR LSE:WVIA LSE:TBLD LSE:EVPL NTES TSE:7974 EA TTWO RBLX TSE:9766 SZSE:002602 TSE:3659 SZSE:300418 TSE:9697 XKRX:259960 SZSE:002558 ROCO:3293 WAR:CDR

Other Exchanges FRRDF:USA FDEV:UK 5FD:Germany

Address Milton Road, 26 Science Park, Cambridge, GBR, CB4 0FP

Website https://www.frontier.co.uk

Frontier Developments PLC is a United Kingdom-based company that develops and publishes video games for personal computers and consoles. The company is known for titles such as the Elite series, Planet Coaster, Planet Zoo, and Jurassic World Evolution. It operates through game development and publishing, using in-house technology to create and distribute interactive entertainment software. Frontier Developments has one operating segment, being revenue from publishing games and revenue from other streams such as royalties and licensing. The majority of revenue is generated from Publishing revenue.

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£4.02

Price

£2.80

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