Ashley (Laura) Holdings (LSE:ALY) EBIT: £-15.5 Mil (TTM As of Dec. 2019)


What is Ashley (Laura) Holdings EBIT?

Ashley (Laura) Holdings LSE:ALY EBIT is £-15.5 Mil as of Dec. 2019. The stock has 5 warning signs investors should review.

Ashley (Laura) Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2019 was £-3.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2019 was £-15.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ashley (Laura) Holdings's annualized ROC % for the quarter that ended in Dec. 2019 was -7.41%. Ashley (Laura) Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -9.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ashley (Laura) Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -21.29%.

Ashley (Laura) Holdings  (LSE:ALY) EBIT Explanation

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

Ashley (Laura) Holdings's annualized ROC % for the quarter that ended in Dec. 2019 is calculated as:

ROC % (Q: Dec. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2019 ) + Invested Capital (Q: Dec. 2019 ))/ count )
=-5.8 * ( 1 - 0% )/( (54.2 + 102.4)/ 2 )
=-5.8/78.3
=-7.41 %

where

Invested Capital(Q: Jun. 2019 )
=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))
=74 - 19 - ( 0.8 - max(0, 38.1 - 62.5+0.8))
=54.2

Invested Capital(Q: Dec. 2019 )
=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))
=137.5 - 31.1 - ( 4.1 - max(0, 54.4 - 58.4+4.1))
=102.4

Note: The Operating Income data used here is two times the semi-annual (Dec. 2019) data.

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

Ashley (Laura) Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2019  Q: Dec. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6/( ( (7.6 + max(23.6, 0)) + (75 + max(23.2, 0)) )/ 2 )
=-6/( ( 31.2 + 98.2 )/ 2 )
=-6/64.7
=-9.27 %

where Working Capital is:

Working Capital(Q: Jun. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.7 + 46.7 + 9.3) - (19 + 0 + 19.1)
=23.6

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.2 + 43.1 + 0) - (31.1 + 0 + -7.105427357601E-15)
=23.2

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2019 )
=-15.5/72.820
=-21.29 %

* 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.

Ashley (Laura) Holdings EBIT Related Terms

Ashley (Laura) Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Ashley (Laura) 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.

Ashley (Laura) Holdings EBIT Chart

Ashley (Laura) Holdings Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jun17 Jun18 Jun19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.10 23.90 7.50 1.40 -13.50

Ashley (Laura) Holdings Semi-Annual Data
Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 4.80 -3.40 -1.00 -12.50 -3.00

LSE:ALY vs JCPNQ: EBIT Comparison

For the Department Stores subindustry, Ashley (Laura) 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.

Ashley (Laura) Holdings EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ashley (Laura) Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ashley (Laura) Holdings's EV-to-EBIT falls into.


Ashley (Laura) 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 Dec. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-15.5 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 £-15.5 Mil mean?
Ashley (Laura) Holdings (LSE:ALY) has a EBIT of £-15.5 Mil as of Dec. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ashley (Laura) Holdings.
Is Ashley (Laura) Holdings' EBIT too high?
Ashley (Laura) Holdings' current EBIT is £-15.5 Mil.
How does Ashley (Laura) Holdings' EBIT compare to JCPNQ?
Ashley (Laura) Holdings' EBIT of £-15.5 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical 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 Ashley (Laura) Holdings. Ashley (Laura) Holdings's current EBIT is £-15.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashley (Laura) Holdings stock overvalued right now?
Ashley (Laura) Holdings (LSE:ALY) has a current EBIT of £-15.5 Mil. The current EBIT is £-15.5 Mil. 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 Ashley (Laura) Holdings (LSE:ALY), the current EBIT is £-15.5 Mil as of Dec. 2019. 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.

Ashley (Laura) Holdings Business Description

Address 27 Bagleys Lane, Fulham, London, GBR, SW6 2QA
Ashley (Laura) Holdings PLC is an international lifestyle brand, which specializes in retailing furniture, home accessories, decorating and fashion products. Its two operating segments are Retail and Non-Retail. Retail revenue reflects sales through its Stores; E-Commerce and Mail Order and Hotel. Its Non-retail revenue includes Licensing, Franchising, and Manufacturing. The company generates maximum revenue from the Retail segment which includes Stores. Geographically, it derives a majority of revenue from the UK, Ireland and France and also has a presence in Japan and the Rest of the World.