Truetide (LSE:TRUE) EBIT: £-0.48 Mil (TTM As of Sep. 2025)


What is Truetide EBIT?

Truetide LSE:TRUE EBIT is £-0.48 Mil as of Sep. 2025. The stock has 5 warning signs investors should review.

Truetide's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was £0.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was £-0.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Truetide's annualized ROC % for the quarter that ended in Sep. 2025 was -22.22%. Truetide's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Truetide's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -18.35%.

Truetide  (LSE:TRUE) EBIT Explanation

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

Truetide'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 )
=-0.54 * ( 1 - 0% )/( (2.318 + 2.543)/ 2 )
=-0.54/2.4305
=-22.22 %

where

Invested Capital(Q: Mar. 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))
=2.388 - 0.011 - ( 0.064 - max(0, 0.058 - 0.117+0.064))
=2.318

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))
=2.805 - 0.052 - ( 0.248 - max(0, 0.052 - 0.262+0.248))
=2.543

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:

Truetide'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 )
=0.262/( ( (0 + max(-0.025, 0)) + (0 + max(-0.038, 0)) )/ 2 )
=0.262/( ( 0 + 0 )/ 2 )
=0.262/0
= %

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)
=(0.033 + 0 + 1.3877787807814E-17) - (0.011 + 0 + 0.047)
=-0.025

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.014 + 0 + 0) - (0.052 + 0 + 0)
=-0.038

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=-0.48/2.616
=-18.35 %

* 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.

Truetide EBIT Related Terms

Truetide EBIT Historical Data

* Premium members only.

The historical data trend for Truetide'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.

Truetide EBIT Chart

Truetide 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 -1.98 -0.70 -0.79 -0.81 -0.57

Truetide 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 -0.93 0.12 0.05 -0.61 0.13

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

For the Asset Management subindustry, Truetide'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.

Truetide EV-to-EBIT vs Asset Management Industry

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

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


Truetide 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 £-0.48 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 £-0.48 Mil mean?
Truetide (LSE:TRUE) has a EBIT of £-0.48 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Truetide.
Is Truetide's EBIT too high?
Truetide's current EBIT is £-0.48 Mil.
How does Truetide's EBIT compare to BLK and BX?
Truetide's EBIT of £-0.48 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 Truetide. Truetide's current EBIT is £-0.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truetide stock overvalued right now?
Based on GuruFocus' analysis, Truetide (LSE:TRUE) is currently considered Significantly Undervalued. The stock's GF Value™ is £0.08, compared to a current price of £0.04 — trading 54.4% below its estimated fair value. The current EBIT is £-0.48 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 Truetide (LSE:TRUE), the current EBIT is £-0.48 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.

Truetide Business Description

Address 1 George Square, Glasgow, GBR, G2 1AL
Truetide PLC, formerly Braveheart Investment Group PLC is a private equity and venture capital firm. The company provides a loan, mezzanine funding, debt/equity, and advisory services to small and medium-sized enterprises.