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Harworth Group (Harworth Group) EBIT : $68.38 Mil (TTM As of Dec. 2023)


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What is Harworth Group EBIT?

Harworth Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $60.21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $68.38 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harworth Group's annualized ROC % for the quarter that ended in Dec. 2023 was -1.98%. Harworth Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 42.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Harworth Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.23%.


Harworth Group EBIT Historical Data

The historical data trend for Harworth Group'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.

* Premium members only.

Harworth Group EBIT Chart

Harworth Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.76 48.62 173.17 41.60 68.40

Harworth Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 64.83 124.19 -81.23 8.17 60.21

Competitive Comparison of Harworth Group's EBIT

For the Real Estate - Development subindustry, Harworth Group'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.


Harworth Group's EV-to-EBIT Distribution in the Real Estate Industry

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

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



Harworth Group 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $68.38 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.


Harworth Group  (OTCPK:HWGLF) EBIT Explanation

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

Harworth Group's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-23.876 * ( 1 - 22.57% )/( (878.107 + 990.549)/ 2 )
=-18.4871868/934.328
=-1.98 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=1043.592 - 18.635 - ( 34.408 - max(0, 152.699 - 438.349+34.408))
=990.549

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Harworth Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=120.418/( ( (2.264 + max(292.274, 0)) + (2.762 + max(265.802, 0)) )/ 2 )
=120.418/( ( 294.538 + 268.564 )/ 2 )
=120.418/281.551
=42.77 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(68.861 + 281.23 + 38.54) - (96.357 + 0 + 1.4210854715202E-14)
=292.274

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.423 + 333.004 + 26.223) - (18.635 + 0 + 96.213)
=265.802

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Harworth Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=68.376/608.897
=11.23 %

* 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.


Harworth Group EBIT Related Terms

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Harworth Group (Harworth Group) Business Description

Traded in Other Exchanges
Address
Poplar Way, Advantage House, Catcliffe, Rotherham, South Yorks, GBR, S60 5TR
Harworth Group PLC operates as a brownfield regeneration company in the North of England and the Midlands. It is organized into two operating segments. The Income Generation segment focuses on generating rental returns from the business space portfolio, rental returns and royalties from energy generation, environmental technologies and the agricultural portfolio, and income-generating streams from recycled aggregates and secondary coal products. The Capital Growth segment focuses on delivering value by developing the underlying portfolio and includes planning and development activity, value engineering, proactive asset management, and strategic land acquisitions. It generates a vast majority of its revenues from the sale of development properties.

Harworth Group (Harworth Group) Headlines

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