Progressive Path Group Holdings (HKSE:01581) EBIT: HK$29.2 Mil (TTM As of Mar. 2026)

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HKSE:01581 Progressive Path Group Holdings Ltd HKSE:01581
54 GF Score
Price HK$0.33
GF Value HK$0.18
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Progressive Path Group Holdings EBIT?

Progressive Path Group Holdings HKSE:01581 54 EBIT is HK$29.2 Mil as of Mar. 2026. GuruFocus rates HKSE:01581 with a GF Score™ of 54/100 and a GF Value™ of HK$0.18 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Progressive Path Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was HK$22.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was HK$29.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Progressive Path Group Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was 2.96%. Progressive Path Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Progressive Path Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.85%.


Progressive Path Group Holdings  (HKSE:01581) EBIT Explanation

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

Progressive Path Group Holdings'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 )
=12.89 * ( 1 - 8.35% )/( (380.372 + 418.404)/ 2 )
=11.813685/399.388
=2.96 %

where

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))
=605.804 - 151.409 - ( 35.991 - max(0, 268.449 - 455.405+35.991))
=418.404

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:

Progressive Path Group Holdings'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 )
=44.036/( ( (143.237 + max(147.391, 0)) + (150.399 + max(209.37, 0)) )/ 2 )
=44.036/( ( 290.628 + 359.769 )/ 2 )
=44.036/325.1985
=13.54 %

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)
=(292.742 + 0 + 0.31800000000004) - (131.982 + 0 + 13.687)
=147.391

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(344.477 + 0 + 42.324) - (151.409 + 0 + 26.022)
=209.37

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=29.207/210.911
=13.85 %

* 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.


Progressive Path Group Holdings EBIT Related Terms


Progressive Path Group Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Progressive Path Group Holdings'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.

Progressive Path Group Holdings EBIT Chart

Progressive Path Group Holdings 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 19.20 -11.22 38.55 40.22 29.21

Progressive Path Group Holdings 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 28.34 21.26 18.96 7.19 22.02

HKSE:01581 vs URI, SUNB, AER: EBIT Comparison

For the Rental & Leasing Services subindustry, Progressive Path Group Holdings'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.


Progressive Path Group Holdings EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Progressive Path Group Holdings's EV-to-EBIT distribution charts can be found below:

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


HKSE:01581
54GF Score
Progressive Path Group Holdings Ltd HKSE:01581
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Progressive Path Group Holdings 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$29.2 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$29.2 Mil mean?
Progressive Path Group Holdings (HKSE:01581) has a EBIT of HK$29.2 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Progressive Path Group Holdings.
Is Progressive Path Group Holdings' EBIT too high?
Progressive Path Group Holdings' current EBIT is HK$29.2 Mil. Overall, Progressive Path Group Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Path Group Holdings' EBIT compare to URI and SUNB?
Progressive Path Group Holdings' EBIT of HK$29.2 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 Progressive Path Group Holdings. Progressive Path Group Holdings's current EBIT is HK$29.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Path Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Progressive Path Group Holdings (HKSE:01581) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.33 — trading 83.3% above its estimated fair value. The current EBIT is HK$29.2 Mil. Progressive Path Group Holdings' overall GF Score™ is 54/100 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 Progressive Path Group Holdings (HKSE:01581), the current EBIT is HK$29.2 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.

Is Progressive Path Group Holdings (HKSE:01581) Overvalued in 2026?

Based on GuruFocus' analysis, Progressive Path Group Holdings stock appears to be overvalued. The current stock price of HK$0.33 is trading 83.3% above its estimated GF Value™ of HK$0.18. GuruFocus considers Progressive Path Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01581:

  • EBIT: HK$29.2 Mil
  • GF Value™: HK$0.18 vs. price of HK$0.33 (83.3% above fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the HKSE:01581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Progressive Path Group Holdings Business Description

Address No. 22 Hoi Wing Road, Unit 1108, 11th Floor, Tuen Mun Central Square, Tuen Mun, New Territories, Hong Kong, HKG
Progressive Path Group Holdings Ltd is engaged in construction engineering work and the provision of construction machinery rental services in Hong Kong. Its construction machinery rental services represent the rental of construction machines and construction vehicles to customers, and the provision of machine operators and transportation services as part of its one-stop construction machinery rental services. Its construction works represent the construction projects undertaken, the nature of which are broadly classified as foundation and site formation works, and builder's work and general building works. Its segments are Construction works and Construction Machinery Rental. Majority of the revenue is derived from the Construction works segment.
54GF Score

Get the complete analysis for HKSE:01581

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

HK$0.33
Price
HK$0.18
GF Value