Associated British Engineering (LSE:ASBE) EBIT: £-0.05 Mil (TTM As of Sep. 2025)

What is Associated British Engineering EBIT?

Associated British Engineering LSE:ASBE 34 EBIT is £-0.05 Mil as of Sep. 2025. GuruFocus rates LSE:ASBE with a GF Score™ of 34/100. The stock has 2 warning signs investors should review.

Associated British Engineering's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was £-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was £-0.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Associated British Engineering's annualized ROC % for the quarter that ended in Sep. 2025 was -161.90%. Associated British Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Associated British Engineering's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -129.27%.

Associated British Engineering (LSE:ASBE) EBIT Explanation

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

Associated British Engineering's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

	ROC % (Q: Sep. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2025 )	+	Invested Capital (Q: Sep. 2025 ))	/ count )
=	-0.068 * ( 1 - 0% )	/	( (0.025	+	0.059)	/ 2 )
=	-0.068	/	0.042
=	-161.90 %

where

	Invested Capital		(Q: Mar. 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	))
=	0.392	-	0.042	-	( 0.344	-	max(0, 0.042	-	0.367	+	0.344	))
=	0.025

	Invested Capital		(Q: Sep. 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	))
=	0.362	-	0.022	-	( 0.318	-	max(0, 0.059	-	0.34	+	0.318	))
=	0.059

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

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

Associated British Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2025		Q: Sep. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.068	/	( ( (0 + max(-0.019, 0))	+	(0 + max(-0.059, 0)) )	/	2 )
=	-0.068	/	( ( 0	+	0 )	/	2 )
=	-0.068	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Mar. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.023	+	0	+	0)	-	(0.042	+	0	+	0)
=	-0.019

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.022	+	0	+	0.037)
=	-0.059

When net working capital is negative, 0 is used.

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

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

Associated British Engineering's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2025 )
	=	-0.053	/	0.041
	=	-129.27 %

* 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.

Associated British Engineering EBIT Related Terms

Associated British Engineering EBIT Historical Data

* Premium members only.

The historical data trend for Associated British Engineering's EBIT can be seen below:

Associated British Engineering EBIT Chart

Associated British Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Sep21

Sep22

Sep23

Sep24

Sep25

EBIT

Get a 7-Day Free Trial

-0.09

-0.06

-0.03

-0.05

Associated British Engineering Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25
EBIT	Get a 7-Day Free Trial															0.03	-0.03	-0.02	-0.02	-0.03

LSE:ASBE vs MS, GS, SCHW: EBIT Comparison

For the Capital Markets subindustry, Associated British Engineering'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.

Associated British Engineering EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Associated British Engineering's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Associated British Engineering's EV-to-EBIT falls into.

Save Embed

34GF Score

Associated British Engineering PLC LSE:ASBE

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Associated British Engineering 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.05 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of £-0.05 Mil mean?

Associated British Engineering (LSE:ASBE) has a EBIT of £-0.05 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Associated British Engineering.

Is Associated British Engineering's EBIT too high?

Associated British Engineering's current EBIT is £-0.05 Mil. Overall, Associated British Engineering has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.

How does Associated British Engineering's EBIT compare to MS and GS?

Associated British Engineering's EBIT of £-0.05 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 Associated British Engineering. Associated British Engineering's current EBIT is £-0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Associated British Engineering stock overvalued right now?

Associated British Engineering (LSE:ASBE) has a current EBIT of £-0.05 Mil. The current EBIT is £-0.05 Mil. Associated British Engineering's overall GF Score™ is 34/100 with 2 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 Associated British Engineering (LSE:ASBE), the current EBIT is £-0.05 Mil as of Sep. 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.

Associated British Engineering Business Description

Industry Financial Services Capital Markets

Comparable Companies AQSE:VSA MS GS SCHW HOOD ASX:MQG SHSE:600030 BSP:BPAC3 SZSE:300059 IBKR SHSE:601211 CRCL TSE:8604 SHSE:601066 SHSE:601688 IREN LPLA TW SHSE:600999 SZSE:000776

Address 61-65 Church Street, Harston, Cambridge, GBR, CB22 7NP

Website https://www.abeplc.co.uk

Associated British Engineering Plc is a United Kingdom-based holding company. The Company's segments include Associated British Engineering Plc and Akoris Trading Limited. Akoris Trading Limited, its subsidiary, is a commodity and natural resource trading, finance, and investment company. Its operations are located in the United Kingdom.

34GF Score

Get the complete analysis for LSE:ASBE

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

£0.18

Price

View LSE:ASBE Analysis

See EBIT data for all stocks →