H&T Group (LSE:HAT) EBIT : £32.8 Mil (TTM As of Jun. 2024)

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What is H&T Group EBIT?

H&T Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was £12.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was £32.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. H&T Group's annualized ROC % for the quarter that ended in Jun. 2024 was 17.52%. H&T Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 12.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. H&T Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 14.83%.

H&T Group EBIT Historical Data

The historical data trend for H&T 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.

H&T Group EBIT Chart

H&T Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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22.30

16.77

8.92

20.37

29.49

H&T Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															7.25	13.12	9.53	19.96	12.81

Competitive Comparison of H&T Group's EBIT

For the Credit Services subindustry, H&T 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.

H&T Group's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, H&T Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where H&T Group's EV-to-EBIT falls into.

H&T 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £32.8 Mil.

H&T Group (LSE:HAT) EBIT Explanation

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

H&T Group'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 )
=	54.702 * ( 1 - 22.22% )	/	( (235.515	+	250.19)	/ 2 )
=	42.5472156	/	242.8525
=	17.52 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	252.105	-	5.203	-	( 11.387	-	max(0, 12.778	-	187.369	+	11.387	))
=	235.515

	Invested Capital		(Q: Jun. 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	))
=	275.222	-	9.182	-	( 15.85	-	max(0, 12.859	-	205.228	+	15.85	))
=	250.19

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:

H&T Group'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 )
=	25.62	/	( ( (35.267 + max(161.582, 0))	+	(34.297 + max(180.196, 0)) )	/	2 )
=	25.62	/	( ( 196.849	+	214.493 )	/	2 )
=	25.62	/	205.671
=	12.46 %

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)
=	(129.108	+	40.711	+	0.57599999999999)	-	(5.203	+	0	+	3.61)
=	161.582

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(139.964	+	49.414	+	2.8421709430404E-14)	-	(9.182	+	0	+	0)
=	180.196

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:

H&T Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	32.767	/	220.918
	=	14.83 %

H&T Group EBIT Related Terms

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H&T Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » H&T Group PLC (LSE:HAT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

HAT.GB:UK

Address

Times House, Throwley Way, Sutton, Surrey, GBR, SM1 4AF

Website

https://www.handt.co.uk

H&T Group PLC is a UK-based company. The principal activity of the Company is that of a non-trading holding Company for H&T Group PLC. It provides pawnbroking services in the United Kingdom. It is also engaged in gold purchasing, and the retail sale of new and second-hand jewelry and watches, and gold scrap. Also, the company provides cheque-cashing services, and payday advances, which are short-term cash loans, prepaid debit cards, and foreign exchange currency services. The company offers its products and services through outlets and the Internet. Its segments include Pawnbroking, Gold Purchasing, Retail, Pawnbroking Scrap, Personal Loans, and Other Services. The company's majority of revenue is generated from Pawnbroking and Retail segments.

H&T Group Headlines

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