MYGSF (Myer Holdings) EBIT: $-112 Mil (TTM As of Jan. 2026)

What is Myer Holdings EBIT?

Myer Holdings MYGSF 42 EBIT is $-112 Mil as of Jan. 2026. GuruFocus rates MYGSF with a GF Score™ of 42/100 and a GF Value™ of $1.61. The stock has 4 warning signs investors should review.

Myer Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jan. 2026 was $70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2026 was $-112 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Myer Holdings's annualized ROC % for the quarter that ended in Jan. 2026 was -1.88%. Myer Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 14.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Myer Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was -9.13%.

Myer Holdings (OTCPK:MYGSF) EBIT Explanation

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

Myer Holdings's annualized ROC % for the quarter that ended in Jan. 2026 is calculated as:

	ROC % (Q: Jan. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jul. 2025 )	+	Invested Capital (Q: Jan. 2026 ))	/ count )
=	-50 * ( 1 - 31.93% )	/	( (1796.275	+	1825.339)	/ 2 )
=	-34.035	/	1810.807
=	-1.88 %

where

	Invested Capital		(Q: Jul. 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	))
=	2056.209	-	329.542	-	( 109.281	-	max(0, 547.451	-	477.843	+	109.281	))
=	1796.275

	Invested Capital		(Q: Jan. 2026 )
=	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	))
=	2189.334	-	421.128	-	( 194.361	-	max(0, 655.367	-	598.234	+	194.361	))
=	1825.339

Note: The Operating Income data used here is two times the semi-annual (Jan. 2026) data.

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

Myer Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jul. 2025		Q: Jan. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	139.538	/	( ( (952.092 + max(-30.653, 0))	+	(925.408 + max(-87.228, 0)) )	/	2 )
=	139.538	/	( ( 952.092	+	925.408 )	/	2 )
=	139.538	/	938.75
=	14.86 %

where Working Capital is:

	Working Capital		(Q: Jul. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.595	+	322.222	+	35.164)	-	(329.542	+	0	+	62.092)
=	-30.653

	Working Capital		(Q: Jan. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(24.185	+	359.171	+	20.517)	-	(421.128	+	0	+	69.973)
=	-87.228

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jan. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2026 )
	=	-112.453	/	1231.472
	=	-9.13 %

* 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.

Myer Holdings EBIT Related Terms

Myer Holdings EBIT Historical Data

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The historical data trend for Myer Holdings's EBIT can be seen below:

Myer Holdings EBIT Chart

Myer Holdings Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Jul25

EBIT

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-52.15

-37.77

-22.52

-43.30

-124.84

Myer Holdings Semi-Annual Data
	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25	Jul25	Jan26
EBIT	Get a 7-Day Free Trial															79.56	-123.28	54.70	-182.22	69.77

MYGSF vs DDS, M: EBIT Comparison

For the Department Stores subindustry, Myer 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.

Myer Holdings EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's EV-to-EBIT distribution charts can be found below:

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

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42GF Score

Myer Holdings Ltd MYGSF

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Myer 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 Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-112 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-112 Mil mean?

Myer Holdings (MYGSF) has a EBIT of $-112 Mil as of Jan. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Myer Holdings.

Is Myer Holdings' EBIT too high?

Myer Holdings' current EBIT is $-112 Mil. Overall, Myer Holdings has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.

How does Myer Holdings' EBIT compare to DDS and M?

Myer Holdings' EBIT of $-112 Mil can be compared against companies in the Retail - Cyclical 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 a Retail - Cyclical company?

A good EBIT depends on the Retail - Cyclical 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 Myer Holdings. Myer Holdings's current EBIT is $-112 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Myer Holdings stock overvalued right now?

Myer Holdings (MYGSF) has a current EBIT of $-112 Mil. The stock's GF Value™ is $1.61, compared to a current price of $0.97 — trading 39.8% below its estimated fair value. The current EBIT is $-112 Mil. Myer Holdings' overall GF Score™ is 42/100 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 Myer Holdings (MYGSF), the current EBIT is $-112 Mil as of Jan. 2026. 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 Myer Holdings (MYGSF) Overvalued in 2026?

Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued. The current stock price of $0.97 is trading 39.8% below its estimated GF Value™ of $1.61.

Key valuation signals for MYGSF:

EBIT: $-112 Mil
GF Value™: $1.61 vs. price of $0.97 (39.8% below fair value)
GF Score™: 42/100 with 4 warning signs

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

Myer Holdings Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies ASX:XEN TSE:8267 XSGO:FALABELLA TSE:7453 PHS:SM LSE:MKS JSE:SHP DDS MEX:LIVEPOL1 TSE:3099 XKLS:5326 XSGO:CENCOSUD NSE:VMM M TSE:9005 SHSE:601933 JSE:PPH SZSE:000564 MEX:SORIANAB BKK:CRC

Other Exchanges 30M:Germany MYR:Australia

Address 1000 La Trobe Street, Level 7, Docklands, Melbourne, VIC, AUS, 3008

Website https://www.myer.com.au

Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.

42GF Score

Get the complete analysis for MYGSF

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

$0.97

Price

$1.61

GF Value

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