Analogue Holdings (HKSE:01977) EBIT: HK$228 Mil (TTM As of Dec. 2025)

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HKSE:01977 Analogue Holdings Ltd HKSE:01977
65 GF Score
Price HK$0.94
GF Value HK$0.95
Valuation Fairly Valued
! 5 Warning Signs
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What is Analogue Holdings EBIT?

Analogue Holdings HKSE:01977 +1.08% 65 EBIT is HK$228 Mil as of Dec. 2025. GuruFocus rates HKSE:01977 with a GF Score™ of 65/100 and a GF Value™ of HK$0.95 (Fairly Valued). The stock has 5 warning signs investors should review.

Analogue Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$116 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$228 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Analogue Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 6.99%. Analogue Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 24.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Analogue Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 39.67%.


Analogue Holdings  (HKSE:01977) EBIT Explanation

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

Analogue Holdings'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 )
=323.43 * ( 1 - 24.68% )/( (3508.848 + 3458.325)/ 2 )
=243.607476/3483.5865
=6.99 %

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))
=5258.093 - 699.471 - ( 1140.092 - max(0, 2714.581 - 3764.355+1140.092))
=3508.848

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))
=5164.618 - 685.444 - ( 1020.849 - max(0, 2571.695 - 3719.457+1020.849))
=3458.325

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:

Analogue Holdings'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 )
=231.906/( ( (940.594 + max(-1451.511, 0)) + (941.285 + max(-1459.128, 0)) )/ 2 )
=231.906/( ( 940.594 + 941.285 )/ 2 )
=231.906/940.9395
=24.65 %

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)
=(799.089 + 84.427 + 144.095) - (699.471 + 0 + 1779.651)
=-1451.511

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(819.266 + 86.996 + 168.193) - (685.444 + 0 + 1848.139)
=-1459.128

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=228.134/575.048
=39.67 %

* 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.


Analogue Holdings EBIT Related Terms


Analogue Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Analogue 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.

Analogue Holdings EBIT Chart

Analogue Holdings 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 383.52 187.91 277.58 190.02 228.13

Analogue Holdings Semi-Annual Data
Dec16 Dec17 Jun18 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 Premium Member Only 6.15 112.53 77.49 112.18 115.95

HKSE:01977 vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Analogue 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.


Analogue Holdings EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Analogue Holdings's EV-to-EBIT distribution charts can be found below:

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


HKSE:01977
65GF Score
Analogue Holdings Ltd HKSE:01977
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Analogue 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$228 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$228 Mil mean?
Analogue Holdings (HKSE:01977) has a EBIT of HK$228 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Analogue Holdings.
Is Analogue Holdings' EBIT too high?
Analogue Holdings' current EBIT is HK$228 Mil. Overall, Analogue Holdings has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Analogue Holdings' EBIT compare to PWR and FIX?
Analogue Holdings' EBIT of HK$228 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Analogue Holdings. Analogue Holdings's current EBIT is HK$228 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Analogue Holdings stock overvalued right now?
Based on GuruFocus' analysis, Analogue Holdings (HKSE:01977) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.95, compared to a current price of HK$0.94 — trading 1.1% below its estimated fair value. The current EBIT is HK$228 Mil. Analogue Holdings' overall GF Score™ is 65/100 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 Analogue Holdings (HKSE:01977), the current EBIT is HK$228 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 Analogue Holdings (HKSE:01977) Overvalued in 2026?

Based on GuruFocus' analysis, Analogue Holdings stock appears to be undervalued. The current stock price of HK$0.94 is trading 1.1% below its estimated GF Value™ of HK$0.95. GuruFocus considers Analogue Holdings to be Fairly Valued.

Key valuation signals for HKSE:01977:

  • EBIT: HK$228 Mil
  • GF Value™: HK$0.95 vs. price of HK$0.94 (1.1% below fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the HKSE:01977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Analogue Holdings Business Description

Address 45-51 Kwok Shui Road, ATAL Tower, Kwai Chung, New Territories, Hong Kong, HKG
Analogue Holdings Ltd is engaged in the provision of electrical and mechanical engineering building services, including the design, installation, testing and commissioning, and maintenance of heating, ventilation & air-conditioning systems, fire service systems, plumbing and drainage systems & electrical and extra low voltage system; total solutions for the design, construction, operation and maintenance of environmental engineering systems for treatment of sewage, water, solid waste, sludge & gas; ICBT for design, installation and servicing of a wide range of intelligent systems, information and communications technology, and Lifts and escalators for design, supply and installation of a wide range of lifts and escalators. Geographically, it generates majority of revenue from Hong Kong.
65GF Score

Get the complete analysis for HKSE:01977

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

HK$0.94
Price
HK$0.95
GF Value