Polar Capital Holdings (LSE:POLR) EBIT: £56.6 Mil (TTM As of Sep. 2025)


LSE:POLR Polar Capital Holdings PLC LSE:POLR
88 GF Score
Price £8.23
GF Value £6.09
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Polar Capital Holdings EBIT?

Polar Capital Holdings LSE:POLR -1.56% 88 EBIT is £56.6 Mil as of Sep. 2025. GuruFocus rates LSE:POLR with a GF Score™ of 88/100 and a GF Value™ of £6.09 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Polar Capital Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was £28.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was £56.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Polar Capital Holdings's annualized ROC % for the quarter that ended in Sep. 2025 was 109.61%. Polar Capital Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 974.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Polar Capital Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 9.41%.


Polar Capital Holdings  (LSE:POLR) EBIT Explanation

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

Polar Capital Holdings'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 )
=46.8 * ( 1 - 26.72% )/( (42.776 + 19.801)/ 2 )
=34.29504/31.2885
=109.61 %

where

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))
=196.955 - 56.987 - ( 161.432 - max(0, 66.468 - 186.635+161.432))
=19.801

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:

Polar Capital Holdings'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 )
=56.004/( ( (6.129 + max(-51.554, 0)) + (5.366 + max(-41.265, 0)) )/ 2 )
=56.004/( ( 6.129 + 5.366 )/ 2 )
=56.004/5.7475
=974.41 %

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)
=(17.293 + 0 + 9.249) - (48.11 + 0 + 29.986)
=-51.554

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.203 + 0 + 0) - (56.987 + 0 + 9.481)
=-41.265

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=56.621/601.510
=9.41 %

* 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.


Polar Capital Holdings EBIT Related Terms


Polar Capital Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Polar Capital 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.

Polar Capital Holdings EBIT Chart

Polar Capital Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.61 62.09 45.38 54.90 51.85

Polar Capital Holdings Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 21.17 33.74 23.23 28.62 28.00

LSE:POLR vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Polar Capital 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.


Polar Capital Holdings EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Polar Capital Holdings's EV-to-EBIT distribution charts can be found below:

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


LSE:POLR
88GF Score
Polar Capital Holdings PLC LSE:POLR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Polar Capital 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £56.6 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 £56.6 Mil mean?
Polar Capital Holdings (LSE:POLR) has a EBIT of £56.6 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Polar Capital Holdings.
Is Polar Capital Holdings' EBIT too high?
Polar Capital Holdings' current EBIT is £56.6 Mil. Overall, Polar Capital Holdings has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Holdings' EBIT compare to BLK and BX?
Polar Capital Holdings' EBIT of £56.6 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good EBIT depends on the Asset Management 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 Polar Capital Holdings. Polar Capital Holdings's current EBIT is £56.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Holdings stock overvalued right now?
Based on GuruFocus' analysis, Polar Capital Holdings (LSE:POLR) is currently considered Significantly Overvalued. The stock's GF Value™ is £6.09, compared to a current price of £8.23 — trading 35.1% above its estimated fair value. The current EBIT is £56.6 Mil. Polar Capital Holdings' overall GF Score™ is 88/100 with 8 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 Polar Capital Holdings (LSE:POLR), the current EBIT is £56.6 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.

Is Polar Capital Holdings (LSE:POLR) Overvalued in 2026?

Based on GuruFocus' analysis, Polar Capital Holdings stock appears to be overvalued. The current stock price of £8.23 is trading 35.1% above its estimated GF Value™ of £6.09. GuruFocus considers Polar Capital Holdings to be Significantly Overvalued.

Key valuation signals for LSE:POLR:

  • EBIT: £56.6 Mil
  • GF Value™: £6.09 vs. price of £8.23 (35.1% above fair value)
  • GF Score™: 88/100 with 8 warning signs

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


Polar Capital Holdings Business Description

Address 16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Holdings PLC is a specialist investment management company. It offers professional and institutional investors a range of geographical and sector funds. The company has long-only and absolute return funds in its product range. The company offers fundamental funds that are diversified by asset class, geography, sector, and structure. The company has one operating segment, which is investment management. It operates in the United Kingdom, Ireland, Cayman Islands, Rest of Europe, United States of America, and Rest of the world. The group's revenue-generating operations are in London and Zurich.
88GF Score

Get the complete analysis for LSE:POLR

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

£8.23
Price
£6.09
GF Value