Lb-shell (LSE:LBP) EBIT: £-0.53 Mil (TTM As of May. 2018)


What is Lb-shell EBIT?

Lb-shell LSE:LBP -22.22% EBIT is £-0.53 Mil as of May. 2018. The stock has 5 warning signs investors should review.

Lb-shell's earnings before interest and taxes (EBIT) for the six months ended in May. 2018 was £-0.53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2018 was £-0.53 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lb-shell's annualized ROC % for the quarter that ended in May. 2018 was -11.30%. Lb-shell's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2018 was -60.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lb-shell's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2018 was -5.53%.

Lb-shell  (LSE:LBP) EBIT Explanation

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

Lb-shell's annualized ROC % for the quarter that ended in May. 2018 is calculated as:

ROC % (Q: May. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2017 ) + Invested Capital (Q: May. 2018 ))/ count )
=-0.65 * ( 1 - 0% )/( (11.5 + 0)/ 2 )
=-0.65/5.75
=-11.30 %

where

Invested Capital(Q: Mar. 2017 )
=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))
=28.3 - 3.8 - ( 13 - max(0, 4.1 - 18.1+13))
=11.5

Invested Capital(Q: May. 2018 )
=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))
=0.303 - 0.045 - ( 0.303 - max(0, 0.045 - 0.303+0.303))
=0

Note: The Operating Income data used here is two times the semi-annual (May. 2018) data.

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

Lb-shell's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2017  Q: May. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.058/( ( (2.2 + max(1.3, 0)) + (0 + max(-0.045, 0)) )/ 2 )
=-1.058/( ( 3.5 + 0 )/ 2 )
=-1.058/1.75
=-60.46 %

where Working Capital is:

Working Capital(Q: Mar. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.3 + 1 + 0.8) - (3.8 + 0 + 0)
=1.3

Working Capital(Q: May. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.045 + 0 + 0)
=-0.045

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (May. 2018) EBIT data.

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

Lb-shell's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2018 )
=-0.529/9.569
=-5.53 %

* 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.

Lb-shell EBIT Related Terms

Lb-shell EBIT Historical Data

* Premium members only.

The historical data trend for Lb-shell'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.

Lb-shell EBIT Chart

Lb-shell Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15
EBIT
-15.28 0.09 -29.09 -56.60 -54.20

Lb-shell Semi-Annual Data
Sep11 Sep12 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 May18
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -27.10 -45.70 -177.19 -10.10 -0.53

LSE:LBP vs APGI: EBIT Comparison

For the Electrical Equipment & Parts subindustry, Lb-shell'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.

Lb-shell EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lb-shell's EV-to-EBIT distribution charts can be found below:

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


Lb-shell 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 May. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.53 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 £-0.53 Mil mean?
Lb-shell (LSE:LBP) has a EBIT of £-0.53 Mil as of May. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lb-shell.
Is Lb-shell's EBIT too high?
Lb-shell's current EBIT is £-0.53 Mil.
How does Lb-shell's EBIT compare to APGI?
Lb-shell's EBIT of £-0.53 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good EBIT depends on the Industrial Products 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 Lb-shell. Lb-shell's current EBIT is £-0.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lb-shell stock overvalued right now?
Lb-shell (LSE:LBP) has a current EBIT of £-0.53 Mil. The current EBIT is £-0.53 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 Lb-shell (LSE:LBP), the current EBIT is £-0.53 Mil as of May. 2018. 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.

Lb-shell Business Description

Address Holywell Park, Ashby Road, Charnwood Building, Loughborough, Leicestershire, GBR, LE11 3GB
Lb-shell PLC operates through its subsidiary and is engaged in the fuel cell engineering business. It develops proton-exchange membrane hydrogen fuel cells as a clean energy solution for the distributed energy, diesel replacement, automotive and aerial drone markets. Some of the company's products are Fuel cell power for UAVS, Automotive products, and others.