Halfords Group (FRA:HDK) EBIT: €-26 Mil (TTM As of Sep. 2025)


FRA:HDK Halfords Group PLC FRA:HDK
77 GF Score
Price €2.04
GF Value €1.89
Valuation Fairly Valued
! 8 Warning Signs
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What is Halfords Group EBIT?

Halfords Group FRA:HDK -0.97% 77 EBIT is €-26 Mil as of Sep. 2025. GuruFocus rates FRA:HDK with a GF Score™ of 77/100 and a GF Value™ of €1.89 (Fairly Valued). The stock has 8 warning signs investors should review.

Halfords Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was €25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was €-26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Halfords Group's annualized ROC % for the quarter that ended in Sep. 2025 was 4.54%. Halfords Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 12.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Halfords Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -3.61%.


Halfords Group  (FRA:HDK) EBIT Explanation

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

Halfords Group's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=60.792 * ( 1 - 19.77% )/( (1161.03 + 987.86)/ 2 )
=48.7734216/1074.445
=4.54 %

where

Invested Capital(Q: Mar. 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))
=1404.709 - 311.441 - ( 22.826 - max(0, 544.125 - 476.363+22.826))
=1161.03

Invested Capital(Q: Sep. 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))
=1348.923 - 447.53 - ( 20.955 - max(0, 554.606 - 468.139+20.955))
=987.86

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

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

Halfords Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=50.198/( ( (399.16 + max(-81.625, 0)) + (373.844 + max(-21.416, 0)) )/ 2 )
=50.198/( ( 399.16 + 373.844 )/ 2 )
=50.198/386.502
=12.99 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(82.342 + 269.134 + 16.851) - (311.441 + 0 + 138.511)
=-81.625

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(174.89 + 270.913 + 1.381) - (447.53 + 0 + 21.07)
=-21.416

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=-26.17/724.420
=-3.61 %

* 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.


Halfords Group EBIT Related Terms


Halfords Group EBIT Historical Data

* Premium members only.

The historical data trend for Halfords 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.

Halfords Group EBIT Chart

Halfords Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.06 126.45 55.77 58.45 -24.02

Halfords Group Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 32.82 25.37 27.17 -51.27 25.10

FRA:HDK vs CASY, WSM, ULTA: EBIT Comparison

For the Specialty Retail subindustry, Halfords 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.


Halfords Group EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Halfords Group's EV-to-EBIT distribution charts can be found below:

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


FRA:HDK
77GF Score
Halfords Group PLC FRA:HDK
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Halfords 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-26 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 €-26 Mil mean?
Halfords Group (FRA:HDK) has a EBIT of €-26 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Halfords Group.
Is Halfords Group's EBIT too high?
Halfords Group's current EBIT is €-26 Mil. Overall, Halfords Group has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halfords Group's EBIT compare to CASY and WSM?
Halfords Group's EBIT of €-26 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical 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 Halfords Group. Halfords Group's current EBIT is €-26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halfords Group stock overvalued right now?
Based on GuruFocus' analysis, Halfords Group (FRA:HDK) is currently considered Fairly Valued. The stock's GF Value™ is €1.89, compared to a current price of €2.04 — trading 7.9% above its estimated fair value. The current EBIT is €-26 Mil. Halfords Group's overall GF Score™ is 77/100 with 8 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 Halfords Group (FRA:HDK), the current EBIT is €-26 Mil as of Sep. 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 Halfords Group (FRA:HDK) Overvalued in 2026?

Based on GuruFocus' analysis, Halfords Group stock appears to be overvalued. The current stock price of €2.04 is trading 7.9% above its estimated GF Value™ of €1.89. GuruFocus considers Halfords Group to be Fairly Valued.

Key valuation signals for FRA:HDK:

  • EBIT: €-26 Mil
  • GF Value™: €1.89 vs. price of €2.04 (7.9% above fair value)
  • GF Score™: 77/100 with 8 warning signs

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


Halfords Group Business Description

Other Exchanges HFDl:UKHFD:UK
Address Icknield Street Drive, Washford West, Redditch, Worcestershire, GBR, B98 0DE
Halfords Group PLC is a retailer of automotive and cycling products. The company also provides vehicle servicing, maintenance, and repairs through garages and mobile vans. It is also engaged in the provision of software as a service. The company operates retail stores and auto centers in the United Kingdom and Ireland, and it participates in online retail as well. The business is divided into two segments: Retail and Autocentres. The Retail segment which derives maximum revenue, operates retail outlets for its automotive, leisure, and cycling products. The Autocentres segment operates centers for car servicing and repair in the U.K. Halfords' key cycling brands include Apollo, Carrera, and Boardman, but the company offers third-party bike brands as well.
77GF Score

Get the complete analysis for FRA:HDK

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

€2.04
Price
€1.89
GF Value