Third Age Health Services (NZSE:TAH) EBIT: NZ$3.65 Mil (TTM As of Mar. 2025)


NZSE:TAH Third Age Health Services Ltd NZSE:TAH
84 GF Score
Price NZ$4.40
GF Value NZ$3.39
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Third Age Health Services EBIT?

Third Age Health Services NZSE:TAH 84 EBIT is NZ$3.65 Mil as of Mar. 2025. GuruFocus rates NZSE:TAH with a GF Score™ of 84/100 and a GF Value™ of NZ$3.39 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Third Age Health Services's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2025 was NZ$1.90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2025 was NZ$3.65 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Third Age Health Services's annualized ROC % for the quarter that ended in Mar. 2025 was 32.38%. Third Age Health Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 155.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Third Age Health Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 8.17%.

Third Age Health Services  (NZSE:TAH) EBIT Explanation

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

Third Age Health Services's annualized ROC % for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=3.926 * ( 1 - 28.39% )/( (8.712 + 8.654)/ 2 )
=2.8114086/8.683
=32.38 %

where

Invested Capital(Q: Sep. 2024 )
=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))
=10.781 - 1.947 - ( 1.661 - max(0, 2.971 - 3.093+1.661))
=8.712

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))
=10.96 - 1.882 - ( 2.594 - max(0, 3.373 - 3.797+2.594))
=8.654

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

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

Third Age Health Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.802/( ( (2.531 + max(-1.112, 0)) + (2.37 + max(-1.733, 0)) )/ 2 )
=3.802/( ( 2.531 + 2.37 )/ 2 )
=3.802/2.4505
=155.15 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.066 + 0 + 0.417) - (1.947 + 0.196 + 0.452)
=-1.112

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.107 + 0 + 0.144) - (1.882 + 0.648 + 0.454)
=-1.733

When net working capital is negative, 0 is used.

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

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

Third Age Health Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2025 )
=3.651/44.703
=8.17 %

* 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.

Third Age Health Services EBIT Related Terms

Third Age Health Services EBIT Historical Data

* Premium members only.

The historical data trend for Third Age Health Services'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.

Third Age Health Services EBIT Chart

Third Age Health Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 1.58 1.01 2.26 3.65 4.68

Third Age Health Services Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.83 1.43 1.75 1.90 0.00

NZSE:TAH vs HCA, THC, DVA: EBIT Comparison

For the Medical Care Facilities subindustry, Third Age Health Services'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.

Third Age Health Services EV-to-EBIT vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Third Age Health Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Third Age Health Services's EV-to-EBIT falls into.


NZSE:TAH
84GF Score
Third Age Health Services Ltd NZSE:TAH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Third Age Health Services 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 Mar. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$3.65 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 NZ$3.65 Mil mean?
Third Age Health Services (NZSE:TAH) has a EBIT of NZ$3.65 Mil as of Mar. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Third Age Health Services.
Is Third Age Health Services' EBIT too high?
Third Age Health Services' current EBIT is NZ$3.65 Mil. Overall, Third Age Health Services has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Third Age Health Services' EBIT compare to HCA and THC?
Third Age Health Services' EBIT of NZ$3.65 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good EBIT depends on the Healthcare Providers & Services 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 Third Age Health Services. Third Age Health Services's current EBIT is NZ$3.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Age Health Services stock overvalued right now?
Based on GuruFocus' analysis, Third Age Health Services (NZSE:TAH) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$3.39, compared to a current price of NZ$4.40 — trading 29.8% above its estimated fair value. The current EBIT is NZ$3.65 Mil. Third Age Health Services' overall GF Score™ is 84/100 with 2 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 Third Age Health Services (NZSE:TAH), the current EBIT is NZ$3.65 Mil as of Mar. 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 Third Age Health Services (NZSE:TAH) Overvalued in 2026?

Based on GuruFocus' analysis, Third Age Health Services stock appears to be overvalued. The current stock price of NZ$4.40 is trading 29.8% above its estimated GF Value™ of NZ$3.39. GuruFocus considers Third Age Health Services to be Modestly Overvalued.

Key valuation signals for NZSE:TAH:

  • EBIT: NZ$3.65 Mil
  • GF Value™: NZ$3.39 vs. price of NZ$4.40 (29.8% above fair value)
  • GF Score™: 84/100 with 2 warning signs

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

Third Age Health Services Business Description

Address 536 Kennedy Road, Greenmeadows, Napier, NZL, 4112
Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. The services offered by the company include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover. The company segment includes: Aged medical residential care services, being the provision of medical care services to the aged care sector. General practice medical services, being the provision of primary care services to the community.
84GF Score

Get the complete analysis for NZSE:TAH

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

NZ$4.40
Price
NZ$3.39
GF Value