K2 F&B Holdings (HKSE:02108) EBIT: HK$79.6 Mil (TTM As of Dec. 2025)

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HKSE:02108 K2 F&B Holdings Ltd HKSE:02108
55 GF Score
Price HK$0.39
GF Value HK$0.21
Valuation Significantly Overvalued
! 5 Warning Signs
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What is K2 F&B Holdings EBIT?

K2 F&B Holdings HKSE:02108 -2.50% 55 EBIT is HK$79.6 Mil as of Dec. 2025. GuruFocus rates HKSE:02108 with a GF Score™ of 55/100 and a GF Value™ of HK$0.21 (Significantly Overvalued). The stock has 5 warning signs investors should review.

K2 F&B Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$66.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$79.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. K2 F&B Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 2.38%. K2 F&B Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 40.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. K2 F&B Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 9.04%.


K2 F&B Holdings  (HKSE:02108) EBIT Explanation

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

K2 F&B 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 )
=32.252 * ( 1 - 2.07% )/( (1280.604 + 1376.436)/ 2 )
=31.5843836/1328.52
=2.38 %

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))
=1213.482 - 16.762 - ( 23.549 - max(0, 125.18 - 41.296+23.549))
=1280.604

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))
=1233.341 - 33.638 - ( 26.718 - max(0, 221.53 - 44.797+26.718))
=1376.436

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:

K2 F&B 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 )
=132.082/( ( (328.68 + max(-39.229, 0)) + (319.726 + max(-38.967, 0)) )/ 2 )
=132.082/( ( 328.68 + 319.726 )/ 2 )
=132.082/324.203
=40.74 %

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)
=(2.209 + 0.649 + 12.728) - (16.762 + 0 + 38.053)
=-39.229

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.176 + 0.874 + 13.142) - (33.638 + 0 + 21.521)
=-38.967

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:

K2 F&B Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=79.56/880.159
=9.04 %

* 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.


K2 F&B Holdings EBIT Related Terms


K2 F&B Holdings EBIT Historical Data

* Premium members only.

The historical data trend for K2 F&B 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.

K2 F&B Holdings EBIT Chart

K2 F&B 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 37.38 45.02 62.78 38.53 79.36

K2 F&B Holdings Semi-Annual Data
Dec15 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 Premium Member Only 57.43 10.63 27.94 13.52 66.04

HKSE:02108 vs MCD, SBUX, YUM: EBIT Comparison

For the Restaurants subindustry, K2 F&B 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.


K2 F&B Holdings EV-to-EBIT vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, K2 F&B Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where K2 F&B Holdings's EV-to-EBIT falls into.


HKSE:02108
55GF Score
K2 F&B Holdings Ltd HKSE:02108
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

K2 F&B 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$79.6 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$79.6 Mil mean?
K2 F&B Holdings (HKSE:02108) has a EBIT of HK$79.6 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on K2 F&B Holdings.
Is K2 F&B Holdings' EBIT too high?
K2 F&B Holdings' current EBIT is HK$79.6 Mil. Overall, K2 F&B Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does K2 F&B Holdings' EBIT compare to MCD and SBUX?
K2 F&B Holdings' EBIT of HK$79.6 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good EBIT depends on the Restaurants 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 K2 F&B Holdings. K2 F&B Holdings's current EBIT is HK$79.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K2 F&B Holdings stock overvalued right now?
Based on GuruFocus' analysis, K2 F&B Holdings (HKSE:02108) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$0.39 — trading 85.7% above its estimated fair value. The current EBIT is HK$79.6 Mil. K2 F&B Holdings' overall GF Score™ is 55/100 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 K2 F&B Holdings (HKSE:02108), the current EBIT is HK$79.6 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 K2 F&B Holdings (HKSE:02108) Overvalued in 2026?

Based on GuruFocus' analysis, K2 F&B Holdings stock appears to be overvalued. The current stock price of HK$0.39 is trading 85.7% above its estimated GF Value™ of HK$0.21. GuruFocus considers K2 F&B Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02108:

  • EBIT: HK$79.6 Mil
  • GF Value™: HK$0.21 vs. price of HK$0.39 (85.7% above fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the HKSE:02108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


K2 F&B Holdings Business Description

Address 51 Ubi Avenue 1, No. 02-17, Paya Ubi Industrial Park, Singapore, SGP, 408933
K2 F&B Holdings Ltd, through its subsidiaries, is mainly engaged in the ownership and operation of food centres and food streets in Singapore. The Group's operating business segments are: Rental and outlet management, and Food and beverage stalls. The majority of its revenue is generated from the Food and beverage stalls segment, which is involved in the retailing of beverages, tobacco products, and cooked food directly to consumers, such as mixed vegetable rice, zichar, roasted meat, and chicken rice located in food establishments operated and managed by the Group. The Rental and outlet management segment is involved in the leasing of food establishment premises to tenants and the provision of outlet management services, including cleaning and utilities services, to tenants.
55GF Score

Get the complete analysis for HKSE:02108

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

HK$0.39
Price
HK$0.21
GF Value