Hardide (LSE:HDD) EBIT: £1.55 Mil (TTM As of Mar. 2026)


LSE:HDD Hardide PLC LSE:HDD
42 GF Score
Price £0.71
GF Value £0.13
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hardide EBIT?

Hardide LSE:HDD -1.40% 42 EBIT is £1.55 Mil as of Mar. 2026. GuruFocus rates LSE:HDD with a GF Score™ of 42/100 and a GF Value™ of £0.13 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Hardide's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was £1.29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was £1.55 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hardide's annualized ROC % for the quarter that ended in Mar. 2026 was 44.23%. Hardide's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 46.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hardide's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.76%.


Hardide  (LSE:HDD) EBIT Explanation

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

Hardide's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2.566 * ( 1 - 0% )/( (5.921 + 5.682)/ 2 )
=2.566/5.8015
=44.23 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Hardide's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.574/( ( (4.885 + max(0.633, 0)) + (4.743 + max(0.923, 0)) )/ 2 )
=2.574/( ( 5.518 + 5.666 )/ 2 )
=2.574/5.592
=46.03 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.399 + 0.173 + 0.311) - (0.866 + 0 + 0.384)
=0.633

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.878 + 0.298 + 4.4408920985006E-16) - (1.237 + 0 + 0.016)
=0.923

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1.545/55.987
=2.76 %

* 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.


Hardide EBIT Related Terms


Hardide EBIT Historical Data

* Premium members only.

The historical data trend for Hardide'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.

Hardide EBIT Chart

Hardide Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.91 -2.23 -1.03 -1.19 0.27

Hardide Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -0.88 -0.31 0.01 0.26 1.29

LSE:HDD vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Hardide'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.


Hardide EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hardide's EV-to-EBIT distribution charts can be found below:

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


LSE:HDD
42GF Score
Hardide PLC LSE:HDD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hardide 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £1.55 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 £1.55 Mil mean?
Hardide (LSE:HDD) has a EBIT of £1.55 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hardide.
Is Hardide's EBIT too high?
Hardide's current EBIT is £1.55 Mil. Overall, Hardide has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hardide's EBIT compare to LIN and SHW?
Hardide's EBIT of £1.55 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Hardide. Hardide's current EBIT is £1.55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hardide stock overvalued right now?
Based on GuruFocus' analysis, Hardide (LSE:HDD) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.13, compared to a current price of £0.71 — trading 442.3% above its estimated fair value. The current EBIT is £1.55 Mil. Hardide's overall GF Score™ is 42/100 with 5 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 Hardide (LSE:HDD), the current EBIT is £1.55 Mil as of Mar. 2026. 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.

Is Hardide (LSE:HDD) Overvalued in 2026?

Based on GuruFocus' analysis, Hardide stock appears to be overvalued. The current stock price of £0.71 is trading 442.3% above its estimated GF Value™ of £0.13. GuruFocus considers Hardide to be Significantly Overvalued.

Key valuation signals for LSE:HDD:

  • EBIT: £1.55 Mil
  • GF Value™: £0.13 vs. price of £0.71 (442.3% above fair value)
  • GF Score™: 42/100 with 5 warning signs

No single metric tells the full story. See the LSE:HDD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hardide Business Description

Other Exchanges 9V0:Germany
Address 9 Longlands Road, Bicester, Oxfordshire, GBR, OX26 5AH
Hardide PLC is a UK-based company that acts as a provider of tungsten carbide coatings for metal components operating in abrasive, erosive, corrosive, and chemically aggressive environments. The company provides nanostructured and patented, low-temperature chemical vapour deposition coating which provides wear and corrosion resistance and combines toughness with ductility. It extends the life of critical components across high-value industries and applications including oil and gas, pumps, aerospace, petrochemical, power generation, defense, industrial tooling, and others. The company has it's reportable segments namely UK operation, United States operation and Corporate Central Functions. The majority of the company's revenue is generated from United Kingdom operations.
42GF Score

Get the complete analysis for LSE:HDD

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

£0.71
Price
£0.13
GF Value