HKSHY (The Hongkong and Shanghai Hotels) EBIT: $164 Mil (TTM As of Dec. 2025)


HKSHY The Hongkong and Shanghai Hotels Ltd HKSHY
66 GF Score
Price $13.35
GF Value $14.93
Valuation Modestly Undervalued
! 3 Warning Signs
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What is The Hongkong and Shanghai Hotels EBIT?

The Hongkong and Shanghai Hotels HKSHY 66 EBIT is $164 Mil as of Dec. 2025. GuruFocus rates HKSHY with a GF Score™ of 66/100 and a GF Value™ of $14.93 (Modestly Undervalued). The stock has 3 warning signs investors should review.

The Hongkong and Shanghai Hotels's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $137 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $164 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Hongkong and Shanghai Hotels's annualized ROC % for the quarter that ended in Dec. 2025 was 1.96%. The Hongkong and Shanghai Hotels's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Hongkong and Shanghai Hotels's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.32%.


The Hongkong and Shanghai Hotels  (OTCPK:HKSHY) EBIT Explanation

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

The Hongkong and Shanghai Hotels'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 )
=173.762 * ( 1 - 13.71% )/( (7870.193 + 7425.972)/ 2 )
=149.9392298/7648.0825
=1.96 %

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))
=7128.15 - 248.707 - ( 106.006 - max(0, 1438.855 - 448.105+106.006))
=7870.193

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))
=7075.236 - 238.921 - ( 97.933 - max(0, 973.422 - 383.765+97.933))
=7425.972

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:

The Hongkong and Shanghai Hotels'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 )
=274.522/( ( (2119.231 + max(28.413, 0)) + (2037.58 + max(-11.182, 0)) )/ 2 )
=274.522/( ( 2147.644 + 2037.58 )/ 2 )
=274.522/2092.612
=13.12 %

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)
=(46.378 + 222.46 + 9.8100000000001) - (248.707 + 0 + 1.5280000000002)
=28.413

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.794 + 175.689 + 5.141) - (238.921 + 0 + 4.885)
=-11.182

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:

The Hongkong and Shanghai Hotels's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=163.763/3077.813
=5.32 %

* 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.


The Hongkong and Shanghai Hotels EBIT Related Terms


The Hongkong and Shanghai Hotels EBIT Historical Data

* Premium members only.

The historical data trend for The Hongkong and Shanghai Hotels'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.

The Hongkong and Shanghai Hotels EBIT Chart

The Hongkong and Shanghai Hotels 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 -24.49 -36.61 91.04 9.13 163.99

The Hongkong and Shanghai Hotels Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only 49.43 8.32 0.77 26.50 137.26

HKSHY vs MAR, HLT, H: EBIT Comparison

For the Lodging subindustry, The Hongkong and Shanghai Hotels'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.


The Hongkong and Shanghai Hotels EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Hongkong and Shanghai Hotels's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Hongkong and Shanghai Hotels's EV-to-EBIT falls into.


HKSHY
66GF Score
The Hongkong and Shanghai Hotels Ltd HKSHY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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The Hongkong and Shanghai Hotels 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 $164 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 $164 Mil mean?
The Hongkong and Shanghai Hotels (HKSHY) has a EBIT of $164 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on The Hongkong and Shanghai Hotels.
Is The Hongkong and Shanghai Hotels' EBIT too high?
The Hongkong and Shanghai Hotels' current EBIT is $164 Mil. Overall, The Hongkong and Shanghai Hotels has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Hongkong and Shanghai Hotels' EBIT compare to MAR and HLT?
The Hongkong and Shanghai Hotels' EBIT of $164 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 The Hongkong and Shanghai Hotels. The Hongkong and Shanghai Hotels's current EBIT is $164 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hongkong and Shanghai Hotels stock overvalued right now?
Based on GuruFocus' analysis, The Hongkong and Shanghai Hotels (HKSHY) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.93, compared to a current price of $13.35 — trading 10.6% below its estimated fair value. The current EBIT is $164 Mil. The Hongkong and Shanghai Hotels' overall GF Score™ is 66/100 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 The Hongkong and Shanghai Hotels (HKSHY), the current EBIT is $164 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 The Hongkong and Shanghai Hotels (HKSHY) Overvalued in 2026?

Based on GuruFocus' analysis, The Hongkong and Shanghai Hotels stock appears to be undervalued. The current stock price of $13.35 is trading 10.6% below its estimated GF Value™ of $14.93. GuruFocus considers The Hongkong and Shanghai Hotels to be Modestly Undervalued.

Key valuation signals for HKSHY:

  • EBIT: $164 Mil
  • GF Value™: $14.93 vs. price of $13.35 (10.6% below fair value)
  • GF Score™: 66/100 with 3 warning signs

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


The Hongkong and Shanghai Hotels Business Description

Other Exchanges 00045:Hong KongHSG:Germany
Address 2 Ice House Street, 8th Floor, St. George’s Building, Central, Hong Kong, HKG
The Hongkong and Shanghai Hotels Ltd is a luxury hospitality and real estate group. It owns and operates hotel properties under the Peninsula brand located in city centres across Asia, the U.S., and Europe. The company's assets comprise a small number of ultra-luxury hotels, real estate assets, and tourism assets, including The Peak Tram, one of Hong Kong's tourist attractions. The group's reportable segments are: Hotels, Commercial Properties, Peak Tram, Retail, and Others. Maximum revenue is generated from its Hotels segment, which includes revenue generated from operating hotels, leasing of commercial shopping arcades, and office premises located within the hotel buildings. Geographically, the group generates the majority of its revenue from Greater China.
66GF Score

Get the complete analysis for HKSHY

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

$13.35
Price
$14.93
GF Value