Hyve Group (Hyve Group) EBIT : $-22.1 Mil (TTM As of Sep. 2022)

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What is Hyve Group EBIT?

Hyve Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2022 was $-19.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-22.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hyve Group's annualized ROC % for the quarter that ended in Sep. 2022 was -2.09%. Hyve Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -204.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hyve Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -9.05%.

Hyve Group EBIT Historical Data

The historical data trend for Hyve 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.

Hyve Group EBIT Chart

Hyve Group Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

EBIT

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1.15

17.27

-398.87

-29.64

-21.75

Hyve Group Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
EBIT	Get a 7-Day Free Trial															-187.70	38.75	-68.01	-2.80	-19.35

Competitive Comparison of Hyve Group's EBIT

For the Specialty Business Services subindustry, Hyve 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.

Hyve Group's EV-to-EBIT Distribution in the Business Services Industry

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

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

Hyve 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 Sep. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-22.1 Mil.

Hyve Group (OTCPK:ITEGY) EBIT Explanation

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

Hyve Group's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-19.064 * ( 1 - 32.78% )	/	( (656.077	+	568.97)	/ 2 )
=	-12.8148208	/	612.5235
=	-2.09 %

where

	Invested Capital		(Q: Mar. 2022 )
=	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	))
=	630.542	-	52.709	-	( 50.713	-	max(0, 212.978	-	134.734	+	50.713	))
=	656.077

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	543.165	-	38.367	-	( 31.787	-	max(0, 148.123	-	83.951	+	31.787	))
=	568.97

Note: The Operating Income data used here is two times the semi-annual (Sep. 2022) data.

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

Hyve Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-38.69	/	( ( (20.731 + max(-124.807, 0))	+	(17.174 + max(-86.846, 0)) )	/	2 )
=	-38.69	/	( ( 20.731	+	17.174 )	/	2 )
=	-38.69	/	18.9525
=	-204.14 %

where Working Capital is:

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(22.627	+	0	+	44.798)	-	(52.709	+	0	+	139.523)
=	-124.807

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(31.144	+	0	+	19.465)	-	(38.367	+	0	+	99.088)
=	-86.846

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-22.145	/	244.732
	=	-9.05 %

Hyve Group EBIT Related Terms

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Hyve Group (Hyve Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hyve Group PLC (OTCPK:ITEGY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Kingdom Street, London, GBR, W2 6JG

Website

https://hyve.group

Hyve Group PLC is a United Kingdom-based company engaged in the organization of trade exhibitions and conferences and related activities. . The company has three operating segments are EdTech & Natural Resources; Retail, Manufacturing & Engineering; and RetailTech & FinTech and the majority of its revenue generates from RetailTech & FinTech. The company's geographical segment includes, United Kingdom, Asia, United States of America and Rest of the world and majority of its revenue generates from United kingdom.