Warehouse Group (The) (NZSE:WHS) EBIT: NZ$7 Mil (TTM As of Jan. 2026)


NZSE:WHS Warehouse Group Ltd (The) NZSE:WHS
68 GF Score
Price NZ$0.59
GF Value NZ$1.08
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Warehouse Group (The) EBIT?

Warehouse Group (The) NZSE:WHS +0.86% 68 EBIT is NZ$7 Mil as of Jan. 2026. GuruFocus rates NZSE:WHS with a GF Score™ of 68/100 and a GF Value™ of NZ$1.08 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Warehouse Group (The)'s earnings before interest and taxes (EBIT) for the six months ended in Jan. 2026 was NZ$24 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Warehouse Group (The)'s annualized ROC % for the quarter that ended in Jan. 2026 was 4.36%. Warehouse Group (The)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 5.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Warehouse Group (The)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 0.65%.


Warehouse Group (The)  (NZSE:WHS) EBIT Explanation

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

Warehouse Group (The)'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 )
=76.554 * ( 1 - 28.1% )/( (1276.237 + 1248.171)/ 2 )
=55.042326/1262.204
=4.36 %

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))
=1593.897 - 376.758 - ( 39.206 - max(0, 651.274 - 592.176+39.206))
=1276.237

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))
=1623.578 - 392.06 - ( 43.264 - max(0, 672.622 - 655.969+43.264))
=1248.171

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:

Warehouse Group (The)'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 )
=47.724/( ( (745.265 + max(128.919, 0)) + (728.096 + max(166.158, 0)) )/ 2 )
=47.724/( ( 874.184 + 894.254 )/ 2 )
=47.724/884.219
=5.40 %

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)
=(29.512 + 476.718 + 46.141) - (376.758 + 0 + 46.694)
=128.919

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(89.637 + 520.293 + 2.775) - (392.06 + 0 + 54.487)
=166.158

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2026 )
=6.523/1006.178
=0.65 %

* 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.


Warehouse Group (The) EBIT Related Terms


Warehouse Group (The) EBIT Historical Data

* Premium members only.

The historical data trend for Warehouse Group (The)'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.

Warehouse Group (The) EBIT Chart

Warehouse Group (The) Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 156.71 122.68 52.66 22.41 3.67

Warehouse Group (The) 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 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 62.80 -40.39 21.01 -17.34 23.86

NZSE:WHS vs DDS, M: EBIT Comparison

For the Department Stores subindustry, Warehouse Group (The)'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.


Warehouse Group (The) EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Warehouse Group (The)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Warehouse Group (The)'s EV-to-EBIT falls into.


NZSE:WHS
68GF Score
Warehouse Group Ltd (The) NZSE:WHS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Warehouse Group (The) 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 NZ$7 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$7 Mil mean?
Warehouse Group (The) (NZSE:WHS) has a EBIT of NZ$7 Mil as of Jan. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Warehouse Group (The).
Is Warehouse Group (The)'s EBIT too high?
Warehouse Group (The)'s current EBIT is NZ$7 Mil. Overall, Warehouse Group (The) has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Warehouse Group (The)'s EBIT compare to DDS and M?
Warehouse Group (The)'s EBIT of NZ$7 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 Warehouse Group (The). Warehouse Group (The)'s current EBIT is NZ$7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warehouse Group (The) stock overvalued right now?
Based on GuruFocus' analysis, Warehouse Group (The) (NZSE:WHS) is currently considered Significantly Undervalued. The stock's GF Value™ is NZ$1.08, compared to a current price of NZ$0.59 — trading 45.8% below its estimated fair value. The current EBIT is NZ$7 Mil. Warehouse Group (The)'s overall GF Score™ is 68/100 with 5 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 Warehouse Group (The) (NZSE:WHS), the current EBIT is NZ$7 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 Warehouse Group (The) (NZSE:WHS) Overvalued in 2026?

Based on GuruFocus' analysis, Warehouse Group (The) stock appears to be undervalued. The current stock price of NZ$0.59 is trading 45.8% below its estimated GF Value™ of NZ$1.08. GuruFocus considers Warehouse Group (The) to be Significantly Undervalued.

Key valuation signals for NZSE:WHS:

  • EBIT: NZ$7 Mil
  • GF Value™: NZ$1.08 vs. price of NZ$0.59 (45.8% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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


Warehouse Group (The) Business Description

Other Exchanges UXN:Germany
Address 26 The Warehouse Way, Northcote, Auckland, NTL, NZL, 0627
Warehouse Group Ltd (The), along with its subsidiaries, is engaged in the retail sector. The company has three retail brands trading in the New Zealand retail sector: The Warehouse, Warehouse Stationery, and TheMarket.com. It generates the maximum revenue from the Warehouse Segment.
68GF Score

Get the complete analysis for NZSE:WHS

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

NZ$0.59
Price
NZ$1.08
GF Value