Havila Kystruten AS (OSL:HKY) EBIT: kr315 Mil (TTM As of Mar. 2026)


OSL:HKY Havila Kystruten AS OSL:HKY
50 GF Score
Price kr59.50
GF Value kr54.09
Valuation Fairly Valued
! 6 Warning Signs
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What is Havila Kystruten AS EBIT?

Havila Kystruten AS OSL:HKY 50 EBIT is kr315 Mil as of Mar. 2026. GuruFocus rates OSL:HKY with a GF Score™ of 50/100 and a GF Value™ of kr54.09 (Fairly Valued). The stock has 6 warning signs investors should review.

Havila Kystruten AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was kr241 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was kr315 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Havila Kystruten AS's annualized ROC % for the quarter that ended in Mar. 2026 was -1.92%. Havila Kystruten AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Havila Kystruten AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 39.49%.


Havila Kystruten AS  (OSL:HKY) EBIT Explanation

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

Havila Kystruten AS's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-86.184 * ( 1 - 0% )/( (4426.364 + 4559.822)/ 2 )
=-86.184/4493.093
=-1.92 %

where

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))
=4474.139 - 260.166 - ( 213.56 - max(0, 643.94 - 431.549+213.56))
=4426.364

Invested Capital(Q: Mar. 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))
=4528.664 - 262.21 - ( 233.626 - max(0, 805.612 - 512.244+233.626))
=4559.822

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Havila Kystruten AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=964.368/( ( (4002.076 + max(-516.417, 0)) + (3977.353 + max(-723.4, 0)) )/ 2 )
=964.368/( ( 4002.076 + 3977.353 )/ 2 )
=964.368/3989.7145
=24.17 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62.885 + 14.729 + 46.232) - (260.166 + 0 + 380.097)
=-516.417

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(63.853 + 14.685 + 0) - (262.21 + 0 + 539.728)
=-723.4

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Havila Kystruten AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=314.635/796.789
=39.49 %

* 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.


Havila Kystruten AS EBIT Related Terms


Havila Kystruten AS EBIT Historical Data

* Premium members only.

The historical data trend for Havila Kystruten AS'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.

Havila Kystruten AS EBIT Chart

Havila Kystruten AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -131.11 -435.20 -515.33 -173.09 157.83

Havila Kystruten AS Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 84.85 -118.16 262.55 -70.84 241.09

OSL:HKY vs BKNG, ABNB, RCL: EBIT Comparison

For the Travel Services subindustry, Havila Kystruten AS'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.


Havila Kystruten AS EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Havila Kystruten AS's EV-to-EBIT distribution charts can be found below:

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


OSL:HKY
50GF Score
Havila Kystruten AS OSL:HKY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Havila Kystruten AS 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr315 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 kr315 Mil mean?
Havila Kystruten AS (OSL:HKY) has a EBIT of kr315 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Havila Kystruten AS.
Is Havila Kystruten AS's EBIT too high?
Havila Kystruten AS's current EBIT is kr315 Mil. Overall, Havila Kystruten AS has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Havila Kystruten AS's EBIT compare to BKNG and ABNB?
Havila Kystruten AS's EBIT of kr315 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good EBIT depends on the Travel & Leisure 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 Havila Kystruten AS. Havila Kystruten AS's current EBIT is kr315 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havila Kystruten AS stock overvalued right now?
Based on GuruFocus' analysis, Havila Kystruten AS (OSL:HKY) is currently considered Fairly Valued. The stock's GF Value™ is kr54.09, compared to a current price of kr59.50 — trading 10% above its estimated fair value. The current EBIT is kr315 Mil. Havila Kystruten AS's overall GF Score™ is 50/100 with 6 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 Havila Kystruten AS (OSL:HKY), the current EBIT is kr315 Mil as of Mar. 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 Havila Kystruten AS (OSL:HKY) Overvalued in 2026?

Based on GuruFocus' analysis, Havila Kystruten AS stock appears to be overvalued. The current stock price of kr59.50 is trading 10% above its estimated GF Value™ of kr54.09. GuruFocus considers Havila Kystruten AS to be Fairly Valued.

Key valuation signals for OSL:HKY:

  • EBIT: kr315 Mil
  • GF Value™: kr54.09 vs. price of kr59.50 (10% above fair value)
  • GF Score™: 50/100 with 6 warning signs

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


Havila Kystruten AS Business Description

Other Exchanges 6FZ0:Germany
Address Mjolstadnesvegen 24, Fosnavag, NOR, 6092
Havila Kystruten AS purpose is to operate shipping, transport, and tourism activities, including development and investment in other companies, and other activities naturally related thereto. It operates four vessels on the classic coastal route between Bergen and Kirkenes, using some of the environmentally friendly ships along the Norwegian coast.
50GF Score

Get the complete analysis for OSL:HKY

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

kr59.50
Price
kr54.09
GF Value