IGGRF (IG Group Holdings) EBIT: $698 Mil (TTM As of May. 2025)


IGGRF IG Group Holdings PLC IGGRF
76 GF Score
Price $24.80
GF Value $15.94
Valuation Significantly Overvalued
! 9 Warning Signs
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What is IG Group Holdings EBIT?

IG Group Holdings IGGRF 76 EBIT is $698 Mil as of May. 2025. GuruFocus rates IGGRF with a GF Score™ of 76/100 and a GF Value™ of $15.94 (Significantly Overvalued). The stock has 9 warning signs investors should review.

IG Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in May. 2025 was $359 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2025 was $698 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IG Group Holdings's annualized ROC % for the quarter that ended in May. 2025 was 21.09%. IG Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2025 was 243.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IG Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2025 was 9.23%.

IG Group Holdings  (OTCPK:IGGRF) EBIT Explanation

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

IG Group Holdings's annualized ROC % for the quarter that ended in May. 2025 is calculated as:

ROC % (Q: May. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2024 ) + Invested Capital (Q: May. 2025 ))/ count )
=483.578 * ( 1 - 23.01% )/( (1506.115 + 2024.566)/ 2 )
=372.3067022/1765.3405
=21.09 %

where

Invested Capital(Q: Nov. 2024 )
=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))
=3532.229 - 773.885 - ( 1339.363 - max(0, 782.93 - 2035.159+1339.363))
=1506.115

Invested Capital(Q: May. 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))
=4091.322 - 635.915 - ( 1430.841 - max(0, 798.531 - 2741.389+1430.841))
=2024.566

Note: The Operating Income data used here is two times the semi-annual (May. 2025) data.

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

IG Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2024  Q: May. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=718.826/( ( (47.643 + max(-95.159, 0)) + (43.925 + max(499.868, 0)) )/ 2 )
=718.826/( ( 47.643 + 543.793 )/ 2 )
=718.826/295.718
=243.08 %

where Working Capital is:

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(566.624 + 0 + 112.102) - (773.885 + 0 + 0)
=-95.159

Working Capital(Q: May. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(517.757 + 68.491 + 702.004) - (635.915 + 0 + 152.469)
=499.868

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (May. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2025 )
=698.394/7564.859
=9.23 %

* 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.

IG Group Holdings EBIT Related Terms

IG Group Holdings EBIT Historical Data

* Premium members only.

The historical data trend for IG Group 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.

IG Group Holdings EBIT Chart

IG Group Holdings Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 372.45 639.01 615.05 583.15 542.23

IG Group Holdings Semi-Annual Data
Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25
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 271.91 233.96 304.43 338.98 359.41

IGGRF vs MS, GS, SCHW: EBIT Comparison

For the Capital Markets subindustry, IG Group 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.

IG Group Holdings EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IG Group Holdings's EV-to-EBIT distribution charts can be found below:

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


IGGRF
76GF Score
IG Group Holdings PLC IGGRF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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IG Group 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 May. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $698 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 $698 Mil mean?
IG Group Holdings (IGGRF) has a EBIT of $698 Mil as of May. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on IG Group Holdings.
Is IG Group Holdings' EBIT too high?
IG Group Holdings' current EBIT is $698 Mil. Overall, IG Group Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IG Group Holdings' EBIT compare to MS and GS?
IG Group Holdings' EBIT of $698 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good EBIT depends on the Capital Markets 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 IG Group Holdings. IG Group Holdings's current EBIT is $698 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IG Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, IG Group Holdings (IGGRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.94, compared to a current price of $24.80 — trading 55.6% above its estimated fair value. The current EBIT is $698 Mil. IG Group Holdings' overall GF Score™ is 76/100 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 IG Group Holdings (IGGRF), the current EBIT is $698 Mil as of May. 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 IG Group Holdings (IGGRF) Overvalued in 2026?

Based on GuruFocus' analysis, IG Group Holdings stock appears to be overvalued. The current stock price of $24.80 is trading 55.6% above its estimated GF Value™ of $15.94. GuruFocus considers IG Group Holdings to be Significantly Overvalued.

Key valuation signals for IGGRF:

  • EBIT: $698 Mil
  • GF Value™: $15.94 vs. price of $24.80 (55.6% above fair value)
  • GF Score™: 76/100 with 9 warning signs

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

IG Group Holdings Business Description

Address Cannon Bridge House, 25 Dowgate Hill, London, GBR, EC4R 2YA
IG Group Holdings PLC provides online trading services to its clients. The majority of the company's revenue stems from its derivative products and contracts for difference (CFDs). The company operates through various segments which are The U.K. segment which derives its revenue from financial spread bets, CFDs, binary options, and execution-only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The European segment derives its revenue from CFDs, binary options, and execution-only stockbroking. The Rest of the World segment derives its revenue from the operation of a regulated futures and options exchange as well as CFDs and binary options. The company generates more than half of its revenue from the U.K., followed by Europe and Australia.
76GF Score

Get the complete analysis for IGGRF

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

$24.80
Price
$15.94
GF Value