HNGKY (Hongkong Land Holdings) EBIT: $1,642 Mil (TTM As of Dec. 2025)


HNGKY Hongkong Land Holdings Ltd HNGKY
51 GF Score
Price $34.79
GF Value $14.16
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Hongkong Land Holdings EBIT?

Hongkong Land Holdings HNGKY -4.12% 51 EBIT is $1,642 Mil as of Dec. 2025. GuruFocus rates HNGKY with a GF Score™ of 51/100 and a GF Value™ of $14.16 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Hongkong Land Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $1,258 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $1,642 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hongkong Land Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 0.08%. Hongkong Land Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 99.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hongkong Land Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.84%.

Hongkong Land Holdings  (OTCPK:HNGKY) EBIT Explanation

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

Hongkong Land 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 )
=30.6 * ( 1 - 10.4% )/( (36067.9 + 35995.1)/ 2 )
=27.4176/36031.5
=0.08 %

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))
=38659.8 - 1485.6 - ( 1106.3 - max(0, 2447.9 - 4260.4+1106.3))
=36067.9

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))
=40057.4 - 1511.3 - ( 2551 - max(0, 1834.8 - 6795.7+2551))
=35995.1

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:

Hongkong Land 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 )
=2515.6/( ( (303.5 + max(1668.5, 0)) + (369.2 + max(2715.5, 0)) )/ 2 )
=2515.6/( ( 1972 + 3084.7 )/ 2 )
=2515.6/2528.35
=99.50 %

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)
=(332.3 + 2194.2 + 627.6) - (1485.6 + 0 + 4.5474735088646E-13)
=1668.5

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(354 + 1014.5 + 2876.2) - (1511.3 + 0 + 17.9)
=2715.5

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1642.4/18571.791
=8.84 %

* 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.

Hongkong Land Holdings EBIT Related Terms

Hongkong Land Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Hongkong Land 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.

Hongkong Land Holdings EBIT Chart

Hongkong Land 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 54.30 539.40 -201.00 -997.70 1,642.40

Hongkong Land Holdings 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 -46.90 -632.30 -365.40 384.60 1,257.80

Hongkong Land Holdings EBIT Competitor Comparison

For the Real Estate - Development subindustry, Hongkong Land 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.

Hongkong Land Holdings EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hongkong Land Holdings's EV-to-EBIT distribution charts can be found below:

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


HNGKY
51GF Score
Hongkong Land Holdings Ltd HNGKY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hongkong Land 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 $1,642 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 $1,642 Mil mean?
Hongkong Land Holdings (HNGKY) has a EBIT of $1,642 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hongkong Land Holdings.
Is Hongkong Land Holdings' EBIT too high?
Hongkong Land Holdings' current EBIT is $1,642 Mil. Overall, Hongkong Land Holdings has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hongkong Land Holdings' EBIT compare to competitors?
Hongkong Land Holdings' EBIT of $1,642 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good EBIT depends on the Real Estate 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 Hongkong Land Holdings. Hongkong Land Holdings's current EBIT is $1,642 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hongkong Land Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hongkong Land Holdings (HNGKY) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.16, compared to a current price of $34.79 — trading 145.7% above its estimated fair value. The current EBIT is $1,642 Mil. Hongkong Land Holdings' overall GF Score™ is 51/100 with 7 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 Hongkong Land Holdings (HNGKY), the current EBIT is $1,642 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 Hongkong Land Holdings (HNGKY) Overvalued in 2026?

Based on GuruFocus' analysis, Hongkong Land Holdings stock appears to be overvalued. The current stock price of $34.79 is trading 145.7% above its estimated GF Value™ of $14.16. GuruFocus considers Hongkong Land Holdings to be Significantly Overvalued.

Key valuation signals for HNGKY:

  • EBIT: $1,642 Mil
  • GF Value™: $14.16 vs. price of $34.79 (145.7% above fair value)
  • GF Score™: 51/100 with 7 warning signs

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

Hongkong Land Holdings Business Description

Address 33-35 Reid Street, Jardine House, 4th Floor, Hamilton, BMU, HM 12
Hongkong Land is a property investor focusing on holding prime commercial assets in Hong Kong, mainland China, and Singapore. It is the largest office landlord in Hong Kong's Central Business District, and the second largest in Hong Kong overall. The Central portfolio includes 4.0 million square feet of office space and 0.5 million square feet of retail area. The company is also expanding its fund management business to build a recurring stream of fee income. Hongkong Land is dual listed on the London Stock Exchange and the Singapore Exchange. Jardine Matheson Holdings owns 53% of the company.
51GF Score

Get the complete analysis for HNGKY

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

$34.79
Price
$14.16
GF Value