Hilbert Group AB (OSTO:HILB B) EBIT: kr-200 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:HILB B Hilbert Group AB OSTO:HILB B
60 GF Score
Price kr4.19
GF Value kr191.13
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Hilbert Group AB EBIT?

Hilbert Group AB OSTO:HILB B +0.84% 60 EBIT is kr-200 Mil as of Mar. 2026. GuruFocus rates OSTO:HILB B with a GF Score™ of 60/100 and a GF Value™ of kr191.13 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Hilbert Group AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was kr-33 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was kr-200 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hilbert Group AB's annualized ROC % for the quarter that ended in Mar. 2026 was -80.87%. Hilbert Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2,923.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hilbert Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -32.87%.


Hilbert Group AB  (OSTO:HILB B) EBIT Explanation

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

Hilbert Group AB'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 )
=-142.36 * ( 1 - 0% )/( (103.584 + 248.477)/ 2 )
=-142.36/176.0305
=-80.87 %

where

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

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

Hilbert Group AB'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 )
=-131.752/( ( (4.436 + max(-41.257, 0)) + (4.577 + max(-38.761, 0)) )/ 2 )
=-131.752/( ( 4.436 + 4.577 )/ 2 )
=-131.752/4.5065
=-2,923.60 %

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)
=(0 + 1.339 + 2.147) - (12.912 + 0 + 31.831)
=-41.257

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 11.742 + 0) - (16.933 + 0 + 33.57)
=-38.761

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-199.616/607.311
=-32.87 %

* 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.


Hilbert Group AB EBIT Related Terms


Hilbert Group AB EBIT Historical Data

* Premium members only.

The historical data trend for Hilbert Group AB'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.

Hilbert Group AB EBIT Chart

Hilbert Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -3.95 -39.05 -47.02 -40.54 -214.68

Hilbert Group AB Quarterly Data
Jun21 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 -23.98 -18.07 -40.95 -107.66 -32.94

OSTO:HILB B vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Hilbert Group AB'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.


Hilbert Group AB EV-to-EBIT vs Asset Management Industry

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

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


OSTO:HILB B
60GF Score
Hilbert Group AB OSTO:HILB B
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hilbert Group AB 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 kr-200 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 kr-200 Mil mean?
Hilbert Group AB (OSTO:HILB B) has a EBIT of kr-200 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hilbert Group AB.
Is Hilbert Group AB's EBIT too high?
Hilbert Group AB's current EBIT is kr-200 Mil. Overall, Hilbert Group AB has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hilbert Group AB's EBIT compare to BLK and BX?
Hilbert Group AB's EBIT of kr-200 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 Hilbert Group AB. Hilbert Group AB's current EBIT is kr-200 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hilbert Group AB stock overvalued right now?
Based on GuruFocus' analysis, Hilbert Group AB (OSTO:HILB B) is currently considered Significantly Undervalued. The stock's GF Value™ is kr191.13, compared to a current price of kr4.19 — trading 97.8% below its estimated fair value. The current EBIT is kr-200 Mil. Hilbert Group AB's overall GF Score™ is 60/100 with 1 warning sign 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 Hilbert Group AB (OSTO:HILB B), the current EBIT is kr-200 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 Hilbert Group AB (OSTO:HILB B) Overvalued in 2026?

Based on GuruFocus' analysis, Hilbert Group AB stock appears to be undervalued. The current stock price of kr4.19 is trading 97.8% below its estimated GF Value™ of kr191.13. GuruFocus considers Hilbert Group AB to be Significantly Undervalued.

Key valuation signals for OSTO:HILB B:

  • EBIT: kr-200 Mil
  • GF Value™: kr191.13 vs. price of kr4.19 (97.8% below fair value)
  • GF Score™: 60/100 with 1 warning sign

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


Hilbert Group AB Business Description

Other Exchanges 999:Germany
Address Birger Jarlsgatan 2, Mailbox 545, Stockholm, SWE, 114 11
Hilbert Group AB is a quantitative investment firm connecting institutions with the digital asset markets. Its main activity, asset management, is operated as a traditional regulated fund business. The group specializes in the investment and risk management of quantitative investment solutions, which generate returns by taking advantage of both alpha and beta trading opportunities in digital asset markets. The firm's asset management activities are supplemented by proprietary trading and strategic balance sheet investments in blockchain-related equity. The group offers the following funds: Hilbert V100 Fund, Hilbert V30 Fund / Hilbert Multi Strategy Fund, Byzantine BTC Credit Fund, and Hilbert Liberty Fund. The majority of its revenue is generated from Cryptocurrency sales.
60GF Score

Get the complete analysis for OSTO:HILB B

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

kr4.19
Price
kr191.13
GF Value