HRZCF (Horizon Construction Development) EBIT: $135 Mil (TTM As of Jun. 2026)

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HRZCF Horizon Construction Development Ltd HRZCF
82 GF Score
Price $1.30
GF Value $2.08
! 9 Warning Signs
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What is Horizon Construction Development EBIT?

Horizon Construction Development HRZCF 82 EBIT is $135 Mil as of Jun. 2026. GuruFocus rates HRZCF with a GF Score™ of 82/100 and a GF Value™ of $2.08. The stock has 9 warning signs investors should review.

Horizon Construction Development's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2026 was $55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was $135 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Horizon Construction Development's annualized ROC % for the quarter that ended in Jun. 2026 was 1.58%. Horizon Construction Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 2.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Horizon Construction Development's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 4.30%.

Horizon Construction Development  (OTCPK:HRZCF) EBIT Explanation

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

Horizon Construction Development's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=103.97 * ( 1 - 31.04% )/( (4497.735 + 4593.485)/ 2 )
=71.697712/4545.61
=1.58 %

where

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))
=5163.611 - 506.605 - ( 216.096 - max(0, 1636.872 - 1796.143+216.096))
=4497.735

Invested Capital(Q: Jun. 2026 )
=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))
=5283.805 - 535.403 - ( 210.846 - max(0, 1718.812 - 1873.729+210.846))
=4593.485

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

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

Horizon Construction Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=109.886/( ( (3192.845 + max(764.135, 0)) + (3205.524 + max(858.573, 0)) )/ 2 )
=109.886/( ( 3956.98 + 4064.097 )/ 2 )
=109.886/4010.5385
=2.74 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(970.596 + 57.634 + 300.75) - (506.605 + 0 + 58.24)
=764.135

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1053.211 + 61.227 + 334.98) - (535.403 + 0 + 55.442)
=858.573

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

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

Horizon Construction Development's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=134.853/3136.932
=4.30 %

* 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.

Horizon Construction Development EBIT Related Terms

Horizon Construction Development EBIT Historical Data

* Premium members only.

The historical data trend for Horizon Construction Development'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.

Horizon Construction Development EBIT Chart

Horizon Construction Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 243.80 260.86 288.60 275.52 143.99

Horizon Construction Development Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 108.76 167.15 62.86 79.91 54.94

HRZCF vs URI, SUNB, AER: EBIT Comparison

For the Rental & Leasing Services subindustry, Horizon Construction Development'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.

Horizon Construction Development EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Horizon Construction Development's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Horizon Construction Development's EV-to-EBIT falls into.


HRZCF
82GF Score
Horizon Construction Development Ltd HRZCF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Horizon Construction Development 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 Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $135 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 $135 Mil mean?
Horizon Construction Development (HRZCF) has a EBIT of $135 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Horizon Construction Development.
Is Horizon Construction Development's EBIT too high?
Horizon Construction Development's current EBIT is $135 Mil. Overall, Horizon Construction Development has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Construction Development's EBIT compare to URI and SUNB?
Horizon Construction Development's EBIT of $135 Mil can be compared against companies in the Business 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 Business Services company?
A good EBIT depends on the Business 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 Horizon Construction Development. Horizon Construction Development's current EBIT is $135 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Construction Development stock overvalued right now?
Horizon Construction Development (HRZCF) has a current EBIT of $135 Mil. The stock's GF Value™ is $2.08, compared to a current price of $1.30 — trading 37.5% below its estimated fair value. The current EBIT is $135 Mil. Horizon Construction Development's overall GF Score™ is 82/100 with 9 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 Horizon Construction Development (HRZCF), the current EBIT is $135 Mil as of Jun. 2026. 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 Horizon Construction Development (HRZCF) Overvalued in 2026?

Based on GuruFocus' analysis, Horizon Construction Development stock appears to be undervalued. The current stock price of $1.30 is trading 37.5% below its estimated GF Value™ of $2.08.

Key valuation signals for HRZCF:

  • EBIT: $135 Mil
  • GF Value™: $2.08 vs. price of $1.30 (37.5% below fair value)
  • GF Score™: 82/100 with 9 warning signs

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

Horizon Construction Development Business Description

Other Exchanges 09930:Hong Kong
Address 200 Xichang Road, No. 5, 6-610, Building 2, Minghai Center, Pilot Free Trade Zone, Dongjiang Bonded Port Area, Tianjin, CHN
Horizon Construction Development Ltd is an equipment operation service provider. The Group is committed to providing one-stop comprehensive solutions of products and services for domestic and overseas clients in the construction and industrial sectors. The company has three reportable operating segments, Operating lease services, Engineering and technical services, and Asset management and other services. A majority of its revenue is generated from the Operating lease services segment that includes aerial work platform, neo-excavation support system, neo-formwork system and other equipment.
82GF Score

Get the complete analysis for HRZCF

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

$1.30
Price
$2.08
GF Value