ITC Properties Group (HKSE:00199) EBIT: HK$-477.7 Mil (TTM As of Sep. 2025)

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HKSE:00199 ITC Properties Group Ltd HKSE:00199
53 GF Score
Price HK$2.16
GF Value HK$2.68
Valuation Modestly Undervalued
! 5 Warning Signs
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What is ITC Properties Group EBIT?

ITC Properties Group HKSE:00199 53 EBIT is HK$-477.7 Mil as of Sep. 2025. GuruFocus rates HKSE:00199 with a GF Score™ of 53/100 and a GF Value™ of HK$2.68 (Modestly Undervalued). The stock has 5 warning signs investors should review.

ITC Properties Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was HK$-106.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-477.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ITC Properties Group's annualized ROC % for the quarter that ended in Sep. 2025 was -2.65%. ITC Properties Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -167.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ITC Properties Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -20.38%.


ITC Properties Group  (HKSE:00199) EBIT Explanation

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

ITC Properties 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 )
=-89.432 * ( 1 - 0% )/( (3416.073 + 3335.41)/ 2 )
=-89.432/3375.7415
=-2.65 %

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))
=3565.314 - 205.723 - ( 67.115 - max(0, 1194.887 - 1138.405+67.115))
=3416.073

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))
=3254.157 - 213.105 - ( 50.282 - max(0, 1177.839 - 883.481+50.282))
=3335.41

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:

ITC Properties 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 )
=-213.146/( ( (133.812 + max(-35.588, 0)) + (121.266 + max(-20.515, 0)) )/ 2 )
=-213.146/( ( 133.812 + 121.266 )/ 2 )
=-213.146/127.539
=-167.12 %

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)
=(0.915 + 390.3 + 0) - (205.723 + 0 + 221.08)
=-35.588

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.36 + 400.9 + 0) - (213.105 + 0 + 209.67)
=-20.515

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=-477.743/2343.790
=-20.38 %

* 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.


ITC Properties Group EBIT Related Terms


ITC Properties Group EBIT Historical Data

* Premium members only.

The historical data trend for ITC Properties 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.

ITC Properties Group EBIT Chart

ITC Properties Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 601.57 -105.40 -671.01 -724.47 -477.74

ITC Properties Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -523.67 -463.77 -260.70 -106.57 -371.17

HKSE:00199 vs MAR, HLT, H: EBIT Comparison

For the Lodging subindustry, ITC Properties 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.


ITC Properties Group EV-to-EBIT vs Travel & Leisure Industry

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

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


HKSE:00199
53GF Score
ITC Properties Group Ltd HKSE:00199
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITC Properties 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 HK$-477.7 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 HK$-477.7 Mil mean?
ITC Properties Group (HKSE:00199) has a EBIT of HK$-477.7 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ITC Properties Group.
Is ITC Properties Group's EBIT too high?
ITC Properties Group's current EBIT is HK$-477.7 Mil. Overall, ITC Properties Group has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ITC Properties Group's EBIT compare to MAR and HLT?
ITC Properties Group's EBIT of HK$-477.7 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good EBIT depends on the Travel & Leisure 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 ITC Properties Group. ITC Properties Group's current EBIT is HK$-477.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITC Properties Group stock overvalued right now?
Based on GuruFocus' analysis, ITC Properties Group (HKSE:00199) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$2.68, compared to a current price of HK$2.16 — trading 19.4% below its estimated fair value. The current EBIT is HK$-477.7 Mil. ITC Properties Group's overall GF Score™ is 53/100 with 5 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 ITC Properties Group (HKSE:00199), the current EBIT is HK$-477.7 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 ITC Properties Group (HKSE:00199) Overvalued in 2026?

Based on GuruFocus' analysis, ITC Properties Group stock appears to be undervalued. The current stock price of HK$2.16 is trading 19.4% below its estimated GF Value™ of HK$2.68. GuruFocus considers ITC Properties Group to be Modestly Undervalued.

Key valuation signals for HKSE:00199:

  • EBIT: HK$-477.7 Mil
  • GF Value™: HK$2.68 vs. price of HK$2.16 (19.4% below fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the HKSE:00199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITC Properties Group Business Description

Address 12 Harcourt Road, 30th Floor, Bank of America Tower, Central, Hong Kong, HKG
ITC Properties Group Ltd is an investment holding company principally engaged in the development of, selling of, and investment in properties in Macau, Hong Kong, the PRC, and Canada; securities investments and provision of loan financing services. Its reportable and operating segments are Property, Hotel and leisure, Securities investments, and Finance. It generates maximum revenue from the Property segment, which includes the development, selling of and investment in properties. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in Hong Kong, Macau, PRC, Canada, and Other Countries.
53GF Score

Get the complete analysis for HKSE:00199

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

HK$2.16
Price
HK$2.68
GF Value