Hyperliquid Strategies (FRA:3HD) EBIT: € Mil (TTM As of Mar. 2026)


FRA:3HD Hyperliquid Strategies Inc FRA:3HD
13 GF Score
Price €7.70
View Full Analysis

What is Hyperliquid Strategies EBIT?

Hyperliquid Strategies FRA:3HD +2.67% 13 EBIT is € Mil as of Mar. 2026. GuruFocus rates FRA:3HD with a GF Score™ of 13/100.

Hyperliquid Strategies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-4.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hyperliquid Strategies's annualized ROC % for the quarter that ended in Mar. 2026 was -2.81%. Hyperliquid Strategies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Hyperliquid Strategies  (FRA:3HD) EBIT Explanation

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

Hyperliquid Strategies's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-15.988 * ( 1 - 21.86% )/( (287.106 + 602.814)/ 2 )
=-12.4930232/444.96
=-2.81 %

where

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))
=526.61 - 2.067 - ( 240.765 - max(0, 7.753 - 245.19+240.765))
=287.106

Invested Capital(Q: Mar. 2026 )
=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))
=701.004 - 2.207 - ( 97.8 - max(0, 5.572 - 101.555+97.8))
=602.814

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Hyperliquid Strategies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-15.988/( ( (0 + max(-3.328, 0)) + (0 + max(-2.491, 0)) )/ 2 )
=-15.988/( ( 0 + 0 )/ 2 )
=-15.988/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 4.425) - (2.067 + 0 + 5.686)
=-3.328

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 3.081) - (2.207 + 0 + 3.365)
=-2.491

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Hyperliquid Strategies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=/1412.538
= %

* 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.

Hyperliquid Strategies EBIT Related Terms

Hyperliquid Strategies EBIT Historical Data

* Premium members only.

The historical data trend for Hyperliquid Strategies'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.

Hyperliquid Strategies EBIT Chart

Hyperliquid Strategies Annual Data
Trend
EBIT

Hyperliquid Strategies Quarterly Data
Jun25 Sep25 Dec25 Mar26
EBIT 0.00 -1.03 -2.53 -4.00

FRA:3HD vs PWP, GOLD, SBET: EBIT Comparison

For the Capital Markets subindustry, Hyperliquid Strategies'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.

Hyperliquid Strategies EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hyperliquid Strategies's EV-to-EBIT distribution charts can be found below:

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


FRA:3HD
13GF Score
Hyperliquid Strategies Inc FRA:3HD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hyperliquid Strategies 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was € 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 € Mil mean?
Hyperliquid Strategies (FRA:3HD) has a EBIT of € Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hyperliquid Strategies.
Is Hyperliquid Strategies' EBIT too high?
Hyperliquid Strategies' current EBIT is € Mil. Overall, Hyperliquid Strategies has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Hyperliquid Strategies' EBIT compare to PWP and GOLD?
Hyperliquid Strategies' EBIT of € Mil can be compared against companies in the Capital Markets 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 a Capital Markets company?
A good EBIT depends on the Capital Markets 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 Hyperliquid Strategies. Hyperliquid Strategies's current EBIT is € Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyperliquid Strategies stock overvalued right now?
Hyperliquid Strategies (FRA:3HD) has a current EBIT of € Mil. The current EBIT is € Mil. Hyperliquid Strategies' overall GF Score™ is 13/100. 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 Hyperliquid Strategies (FRA:3HD), the current EBIT is € Mil as of Mar. 2026. 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.

Hyperliquid Strategies Business Description

Other Exchanges PURR:USA
Address 477 Madison Avenue, 22nd Floor, New York, NY, USA, 10022
Hyperliquid Strategies Inc is a digital asset treasury company whose primary focus is to maximize shareholder value through accumulating HYPE, the native token of Hyperliquid, a high-performance blockchain custom-built to house all of finance. HSI aims to provide capital-efficient and productive access to the HYPE token for U.S. and institutional investors, generating compounding shareholder returns that individual holders may not be able to replicate through staking, yield optimization, and active ecosystem engagement. HSI is positioned to become the largest HYPE-focused digital asset treasury vehicle capitalizing on Hyperliquid's rapid growth and providing exposure to one of the largest and fastest growing revenue pools in digital assets.
13GF Score

Get the complete analysis for FRA:3HD

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

€7.70
Price