Vulcan Two Group (LSE:VUL) EBIT: £-1.30 Mil (TTM As of Dec. 2025)

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LSE:VUL Vulcan Two Group PLC LSE:VUL
19 GF Score
Price £2.66
! 3 Warning Signs
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What is Vulcan Two Group EBIT?

Vulcan Two Group LSE:VUL -3.62% 19 EBIT is £-1.30 Mil as of Dec. 2025. GuruFocus rates LSE:VUL with a GF Score™ of 19/100. The stock has 3 warning signs investors should review.

Vulcan Two Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was £-1.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was £-1.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vulcan Two Group's annualized ROC % for the quarter that ended in Dec. 2025 was -910.45%. Vulcan Two Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -3,725.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vulcan Two Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -2.06%.

Vulcan Two Group  (LSE:VUL) EBIT Explanation

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

Vulcan Two Group'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 )
=-2.44 * ( 1 - 0% )/( (0.209 + 0.327)/ 2 )
=-2.44/0.268
=-910.45 %

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))
=0.006 - 0 - ( 0.005 - max(0, 0.209 - 0.006+0.005))
=0.209

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))
=10.044 - 0.169 - ( 9.548 - max(0, 0.365 - 10.041+9.548))
=0.327

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:

Vulcan Two Group'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 )
=-2.44/( ( (0 + max(-0.069, 0)) + (0.003 + max(0.128, 0)) )/ 2 )
=-2.44/( ( 0 + 0.131 )/ 2 )
=-2.44/0.0655
=-3,725.19 %

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 + 0 + 0) - (0 + 0 + 0.069)
=-0.069

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.493) - (0.169 + 0 + 0.196)
=0.128

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:

Vulcan Two Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-1.3/63.003
=-2.06 %

* 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.

Vulcan Two Group EBIT Related Terms

Vulcan Two Group EBIT Historical Data

* Premium members only.

The historical data trend for Vulcan Two Group'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.

Vulcan Two Group EBIT Chart

Vulcan Two Group Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EBIT
-0.02 -0.08 -0.03 -1.30

Vulcan Two Group Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial 0.00 -0.02 -0.01 -0.08 -1.22

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

For the Asset Management subindustry, Vulcan Two Group'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.

Vulcan Two Group EV-to-EBIT vs Asset Management Industry

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

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


LSE:VUL
19GF Score
Vulcan Two Group PLC LSE:VUL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Vulcan Two Group 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 £-1.30 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 £-1.30 Mil mean?
Vulcan Two Group (LSE:VUL) has a EBIT of £-1.30 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vulcan Two Group.
Is Vulcan Two Group's EBIT too high?
Vulcan Two Group's current EBIT is £-1.30 Mil. Overall, Vulcan Two Group has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Vulcan Two Group's EBIT compare to BLK and BX?
Vulcan Two Group's EBIT of £-1.30 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 Vulcan Two Group. Vulcan Two Group's current EBIT is £-1.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Two Group stock overvalued right now?
Vulcan Two Group (LSE:VUL) has a current EBIT of £-1.30 Mil. The current EBIT is £-1.30 Mil. Vulcan Two Group's overall GF Score™ is 19/100 with 3 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 Vulcan Two Group (LSE:VUL), the current EBIT is £-1.30 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.

Vulcan Two Group Business Description

Address 3-7 Temple Avenue, 201 Temple Chambers, London, GBR, EC4Y 0DT
Vulcan Two Group PLC is principally engaged in the acquisition and subsequent development of assets within a target sector or industry. The group currently consists of CloudRx, Hyperdrug and Webmed. CloudRx provides a digital end-to-end prescription fulfilment service for private prescribers. Hyperdrug is a D2C digital pharmacy and online pet store, dispensing and distributing veterinary and human medications, as well as a wide range of animal products and accessories. Webmed is a vertically integrated B2C digital pharmacy, dispensing and distributing medications through a bespoke consumer-facing eCommerce website.
19GF Score

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

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