EuroEyes International Eye Clinic (HKSE:01846) EBIT: HK$111.7 Mil (TTM As of Dec. 2025)


HKSE:01846 EuroEyes International Eye Clinic Ltd HKSE:01846
84 GF Score
Price HK$2.40
GF Value HK$5.52
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is EuroEyes International Eye Clinic EBIT?

EuroEyes International Eye Clinic HKSE:01846 84 EBIT is HK$111.7 Mil as of Dec. 2025. GuruFocus rates HKSE:01846 with a GF Score™ of 84/100 and a GF Value™ of HK$5.52 (Significantly Undervalued). The stock has 5 warning signs investors should review.

EuroEyes International Eye Clinic's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$49.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$111.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EuroEyes International Eye Clinic's annualized ROC % for the quarter that ended in Dec. 2025 was 3.07%. EuroEyes International Eye Clinic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EuroEyes International Eye Clinic's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 21.12%.


EuroEyes International Eye Clinic  (HKSE:01846) EBIT Explanation

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

EuroEyes International Eye Clinic's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=101.516 * ( 1 - 63.65% )/( (1122.882 + 1281.779)/ 2 )
=36.901066/1202.3305
=3.07 %

where

Invested Capital(Q: Jun. 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))
=1811.81 - 87.577 - ( 741.782 - max(0, 213.795 - 815.146+741.782))
=1122.882

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))
=1952.235 - 172.192 - ( 695.541 - max(0, 278.388 - 776.652+695.541))
=1281.779

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

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

EuroEyes International Eye Clinic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=98.912/( ( (623.777 + max(-92.723, 0)) + (733.025 + max(-147.548, 0)) )/ 2 )
=98.912/( ( 623.777 + 733.025 )/ 2 )
=98.912/678.401
=14.58 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.171 + 16.133 + 15.382) - (87.577 + 0 + 50.832)
=-92.723

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.631 + 15.154 + 17.888) - (172.192 + 0 + 22.029)
=-147.548

When net working capital is negative, 0 is used.

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

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

EuroEyes International Eye Clinic's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=111.71/528.989
=21.12 %

* 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.


EuroEyes International Eye Clinic EBIT Related Terms


EuroEyes International Eye Clinic EBIT Historical Data

* Premium members only.

The historical data trend for EuroEyes International Eye Clinic'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.

EuroEyes International Eye Clinic EBIT Chart

EuroEyes International Eye Clinic Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 203.16 136.10 200.31 136.50 111.71

EuroEyes International Eye Clinic Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 103.82 75.68 60.82 62.25 49.46

HKSE:01846 vs HCA, THC, DVA: EBIT Comparison

For the Medical Care Facilities subindustry, EuroEyes International Eye Clinic'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.


EuroEyes International Eye Clinic EV-to-EBIT vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EuroEyes International Eye Clinic's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where EuroEyes International Eye Clinic's EV-to-EBIT falls into.


HKSE:01846
84GF Score
EuroEyes International Eye Clinic Ltd HKSE:01846
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EuroEyes International Eye Clinic 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$111.7 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$111.7 Mil mean?
EuroEyes International Eye Clinic (HKSE:01846) has a EBIT of HK$111.7 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on EuroEyes International Eye Clinic.
Is EuroEyes International Eye Clinic's EBIT too high?
EuroEyes International Eye Clinic's current EBIT is HK$111.7 Mil. Overall, EuroEyes International Eye Clinic has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EuroEyes International Eye Clinic's EBIT compare to HCA and THC?
EuroEyes International Eye Clinic's EBIT of HK$111.7 Mil can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good EBIT depends on the Healthcare Providers & 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 EuroEyes International Eye Clinic. EuroEyes International Eye Clinic's current EBIT is HK$111.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EuroEyes International Eye Clinic stock overvalued right now?
Based on GuruFocus' analysis, EuroEyes International Eye Clinic (HKSE:01846) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$5.52, compared to a current price of HK$2.40 — trading 56.5% below its estimated fair value. The current EBIT is HK$111.7 Mil. EuroEyes International Eye Clinic's overall GF Score™ is 84/100 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 EuroEyes International Eye Clinic (HKSE:01846), the current EBIT is HK$111.7 Mil as of Dec. 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 EuroEyes International Eye Clinic (HKSE:01846) Overvalued in 2026?

Based on GuruFocus' analysis, EuroEyes International Eye Clinic stock appears to be undervalued. The current stock price of HK$2.40 is trading 56.5% below its estimated GF Value™ of HK$5.52. GuruFocus considers EuroEyes International Eye Clinic to be Significantly Undervalued.

Key valuation signals for HKSE:01846:

  • EBIT: HK$111.7 Mil
  • GF Value™: HK$5.52 vs. price of HK$2.40 (56.5% below fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the HKSE:01846 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EuroEyes International Eye Clinic Business Description

Address Valentinskamp 90, Hamburg, DEU, 20355
EuroEyes International Eye Clinic Ltd is principally engaged in the provision of vision correction services in Germany, Denmark, the UK, the PRC including Hong Kong, and Switzerland. The Group is a high-end vision correction service provider in Germany, PRC, the UK, Denmark, and Switzerland. Its vision correction services include refractive laser surgery, phakic lens surgery (ICL), lens exchange surgery, and others including PRK/LASEK and ICRS implantation. Its revenue categories include provision of vision correction services generate maximum revenue, training services, sales of pharmaceutical products and others. The Group's five reportable segments are Germany generate maximum revenue, Denmark, UK, Chinese Mainland, and Switzerland.
84GF Score

Get the complete analysis for HKSE:01846

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

HK$2.40
Price
HK$5.52
GF Value