GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alpha Growth PLC (LSE:ALGW) » Definitions » EBIT

Alpha Growth (LSE:ALGW) EBIT : £-1.20 Mil (TTM As of Jun. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Alpha Growth EBIT?

Alpha Growth's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was £-0.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was £-1.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alpha Growth's annualized ROC % for the quarter that ended in Jun. 2024 was -0.03%. Alpha Growth's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -303.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alpha Growth's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -9.72%.


Alpha Growth EBIT Historical Data

The historical data trend for Alpha Growth'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.

Alpha Growth EBIT Chart

Alpha Growth Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -0.48 -0.64 -0.57 3.12 -1.47

Alpha Growth Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.45 3.57 -0.41 -1.06 -0.14

Competitive Comparison of Alpha Growth's EBIT

For the Asset Management subindustry, Alpha Growth'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.


Alpha Growth's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alpha Growth's EV-to-EBIT distribution charts can be found below:

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



Alpha Growth 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.20 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.


Alpha Growth  (LSE:ALGW) EBIT Explanation

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

Alpha Growth's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-0.286 * ( 1 - 19.58% )/( (864.313 + 462.749)/ 2 )
=-0.2300012/663.531
=-0.03 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

Alpha Growth's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.278/( ( (0.143 + max(-445.796, 0)) + (0.04 + max(-0.973, 0)) )/ 2 )
=-0.278/( ( 0.143 + 0.04 )/ 2 )
=-0.278/0.0915
=-303.83 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.094000000000001) - (17.772 + 0 + 428.118)
=-445.796

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.245 + 0 + -0.0010000000000012) - (3.217 + 0 + 0)
=-0.973

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

Alpha Growth's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-1.202/12.365
=-9.72 %

* 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.


Alpha Growth EBIT Related Terms

Thank you for viewing the detailed overview of Alpha Growth's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Alpha Growth Business Description

Traded in Other Exchanges
Address
35 Berkeley Square, Mayfair, London, GBR, W1J 5BF
Alpha Growth PLC is a financial advisory company that provides advice and consultancy services to existing institutional and prospective holders of Senior Life Settlements (SLS). It offers advisory services, strategies, performance monitoring, and analytical services to existing and prospective holders of SLS Assets, mainly through acquisition strategies, performance monitoring, and analytical services. The company provides advisory services to the SPVs and the corporate finance adviser engaged for the bond issue and acquisition.

Alpha Growth Headlines

No Headlines