Travel Expert (Asia) Enterprises (HKSE:01235) EBIT: HK$7.5 Mil (TTM As of Mar. 2026)

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HKSE:01235 Travel Expert (Asia) Enterprises Ltd HKSE:01235
45 GF Score
Price HK$0.20
! 6 Warning Signs
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What is Travel Expert (Asia) Enterprises EBIT?

Travel Expert (Asia) Enterprises HKSE:01235 45 EBIT is HK$7.5 Mil as of Mar. 2026. GuruFocus rates HKSE:01235 with a GF Score™ of 45/100. The stock has 6 warning signs investors should review.

Travel Expert (Asia) Enterprises's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was HK$7.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was HK$7.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Travel Expert (Asia) Enterprises's annualized ROC % for the quarter that ended in Mar. 2026 was 7.03%. Travel Expert (Asia) Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 133.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Travel Expert (Asia) Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 59.74%.


Travel Expert (Asia) Enterprises  (HKSE:01235) EBIT Explanation

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

Travel Expert (Asia) Enterprises'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=8.392 * ( 1 - 12.39% )/( (128.436 + 80.679)/ 2 )
=7.3522312/104.5575
=7.03 %

where

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))
=197.706 - 25.062 - ( 135.878 - max(0, 134.534 - 178.742+135.878))
=128.436

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Travel Expert (Asia) Enterprises'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15.214/( ( (11.175 + max(-103.168, 0)) + (11.535 + max(-64.644, 0)) )/ 2 )
=15.214/( ( 11.175 + 11.535 )/ 2 )
=15.214/11.355
=133.99 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.381 + 0.967 + 17.955) - (25.062 + 0 + 102.409)
=-103.168

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.345 + 0.932 + 17.485) - (31.23 + 0 + 59.176)
=-64.644

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

Travel Expert (Asia) Enterprises's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=7.527/12.599
=59.74 %

* 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.


Travel Expert (Asia) Enterprises EBIT Related Terms


Travel Expert (Asia) Enterprises EBIT Historical Data

* Premium members only.

The historical data trend for Travel Expert (Asia) Enterprises'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.

Travel Expert (Asia) Enterprises EBIT Chart

Travel Expert (Asia) Enterprises 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 -17.74 -1.97 7.46 5.44 7.53

Travel Expert (Asia) Enterprises 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 5.32 3.37 2.07 -0.08 7.61

HKSE:01235 vs BKNG, ABNB, RCL: EBIT Comparison

For the Travel Services subindustry, Travel Expert (Asia) Enterprises'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.


Travel Expert (Asia) Enterprises EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Travel Expert (Asia) Enterprises's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Travel Expert (Asia) Enterprises's EV-to-EBIT falls into.


HKSE:01235
45GF Score
Travel Expert (Asia) Enterprises Ltd HKSE:01235
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Travel Expert (Asia) Enterprises 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 semi-annually data reported by the company within the most recent 12 months, which was HK$7.5 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$7.5 Mil mean?
Travel Expert (Asia) Enterprises (HKSE:01235) has a EBIT of HK$7.5 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Travel Expert (Asia) Enterprises.
Is Travel Expert (Asia) Enterprises' EBIT too high?
Travel Expert (Asia) Enterprises' current EBIT is HK$7.5 Mil. Overall, Travel Expert (Asia) Enterprises has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Travel Expert (Asia) Enterprises' EBIT compare to BKNG and ABNB?
Travel Expert (Asia) Enterprises' EBIT of HK$7.5 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 Travel Expert (Asia) Enterprises. Travel Expert (Asia) Enterprises's current EBIT is HK$7.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Travel Expert (Asia) Enterprises stock overvalued right now?
Travel Expert (Asia) Enterprises (HKSE:01235) has a current EBIT of HK$7.5 Mil. The current EBIT is HK$7.5 Mil. Travel Expert (Asia) Enterprises' overall GF Score™ is 45/100 with 6 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 Travel Expert (Asia) Enterprises (HKSE:01235), the current EBIT is HK$7.5 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.

Travel Expert (Asia) Enterprises Business Description

Address No. 160 Gloucester Road, 5th Floor, Overseas Trust Bank Building, Wanchai, Hong Kong, HKG
Travel Expert (Asia) Enterprises Ltd is an investment holding company. It is engaged in the provision of services relating to sales of travel-related products, sales of package tours, food and beverage, and investment in treasury activities. It derives the majority of its revenue from the Sales of package tours. Geographically, it operates from Hong Kong and the PRC. The group generates the majority of its revenue from Hong Kong.
45GF Score

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

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