Tan Delta Systems (LSE:TAND) EBIT: £-1.59 Mil (TTM As of Dec. 2025)


LSE:TAND Tan Delta Systems PLC LSE:TAND
25 GF Score
Price £0.28
GF Value £0.18
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tan Delta Systems EBIT?

Tan Delta Systems LSE:TAND 25 EBIT is £-1.59 Mil as of Dec. 2025. GuruFocus rates LSE:TAND with a GF Score™ of 25/100 and a GF Value™ of £0.18 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Tan Delta Systems's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was £-0.81 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was £-1.59 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tan Delta Systems's annualized ROC % for the quarter that ended in Dec. 2025 was -167.98%. Tan Delta Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -197.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tan Delta Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -8.35%.

Tan Delta Systems  (LSE:TAND) EBIT Explanation

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

Tan Delta Systems's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-1.668 * ( 1 - 1.61% )/( (1.065 + 0.889)/ 2 )
=-1.6411452/0.977
=-167.98 %

where

Invested Capital(Q: Jun. 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))
=3.235 - 0.134 - ( 2.036 - max(0, 0.198 - 3.027+2.036))
=1.065

Invested Capital(Q: Dec. 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))
=2.589 - 0.21 - ( 1.49 - max(0, 0.32 - 2.426+1.49))
=0.889

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

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

Tan Delta Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.614/( ( (0.123 + max(0.798, 0)) + (0.105 + max(0.61, 0)) )/ 2 )
=-1.614/( ( 0.921 + 0.715 )/ 2 )
=-1.614/0.818
=-197.31 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.215 + 0.694 + 0.058) - (0.134 + 0 + 0.035)
=0.798

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.266 + 0.554 + 0.081) - (0.21 + 0 + 0.081)
=0.61

When net working capital is negative, 0 is used.

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

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

Tan Delta Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-1.591/19.057
=-8.35 %

* 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.

Tan Delta Systems EBIT Related Terms

Tan Delta Systems EBIT Historical Data

* Premium members only.

The historical data trend for Tan Delta Systems'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.

Tan Delta Systems EBIT Chart

Tan Delta Systems Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 0.01 0.28 -1.04 -1.17 -1.59

Tan Delta Systems Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.75 -0.53 -0.64 -0.78 -0.81

LSE:TAND vs SLB, BKR, HAL: EBIT Comparison

For the Oil & Gas Equipment & Services subindustry, Tan Delta Systems'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.

Tan Delta Systems EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tan Delta Systems's EV-to-EBIT distribution charts can be found below:

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


LSE:TAND
25GF Score
Tan Delta Systems PLC LSE:TAND
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tan Delta Systems 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.59 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 £-1.59 Mil mean?
Tan Delta Systems (LSE:TAND) has a EBIT of £-1.59 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tan Delta Systems.
Is Tan Delta Systems' EBIT too high?
Tan Delta Systems' current EBIT is £-1.59 Mil. Overall, Tan Delta Systems has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tan Delta Systems' EBIT compare to SLB and BKR?
Tan Delta Systems' EBIT of £-1.59 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 Tan Delta Systems. Tan Delta Systems's current EBIT is £-1.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tan Delta Systems stock overvalued right now?
Based on GuruFocus' analysis, Tan Delta Systems (LSE:TAND) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.18, compared to a current price of £0.28 — trading 55.6% above its estimated fair value. The current EBIT is £-1.59 Mil. Tan Delta Systems' overall GF Score™ is 25/100 with 4 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 Tan Delta Systems (LSE:TAND), the current EBIT is £-1.59 Mil as of Dec. 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 Tan Delta Systems (LSE:TAND) Overvalued in 2026?

Based on GuruFocus' analysis, Tan Delta Systems stock appears to be overvalued. The current stock price of £0.28 is trading 55.6% above its estimated GF Value™ of £0.18. GuruFocus considers Tan Delta Systems to be Significantly Overvalued.

Key valuation signals for LSE:TAND:

  • EBIT: £-1.59 Mil
  • GF Value™: £0.18 vs. price of £0.28 (55.6% above fair value)
  • GF Score™: 25/100 with 4 warning signs

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

Tan Delta Systems Business Description

Industry EnergyOil & Gas
Other Exchanges TB4:Germany
Address Church Lane, 1 Carrera Court, Dinnington, Sheffield, GBR, S25 2RG
Tan Delta Systems PLC develops real-time oil analysis and analytic technologies and products with capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency, and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. Its products include Sensors, Kits, Display solutions, Gateways & modems, and Accessories & services. Geographically, its solutions are in use across the UK, Europe, North and South America, Asia, and the Middle East.
25GF Score

Get the complete analysis for LSE:TAND

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

£0.28
Price
£0.18
GF Value