Manila Bulletin Publishing (PHS:MB) EBIT: ₱136.2 Mil (TTM As of Mar. 2026)


PHS:MB Manila Bulletin Publishing Corp PHS:MB
39 GF Score
Price ₱0.19
GF Value ₱0.17
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Manila Bulletin Publishing EBIT?

Manila Bulletin Publishing PHS:MB -9.62% 39 EBIT is ₱136.2 Mil as of Mar. 2026. GuruFocus rates PHS:MB with a GF Score™ of 39/100 and a GF Value™ of ₱0.17 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Manila Bulletin Publishing's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₱24.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₱136.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Manila Bulletin Publishing's annualized ROC % for the quarter that ended in Mar. 2026 was 0.84%. Manila Bulletin Publishing's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Manila Bulletin Publishing's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.31%.


Manila Bulletin Publishing  (PHS:MB) EBIT Explanation

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

Manila Bulletin Publishing'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 )
=98.956 * ( 1 - 25.01% )/( (8869.336 + 8785.072)/ 2 )
=74.2071044/8827.204
=0.84 %

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))
=9099.645 - 159.812 - ( 70.497 - max(0, 1822.525 - 2605.51+70.497))
=8869.336

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))
=9087.353 - 233.921 - ( 68.36 - max(0, 1808.588 - 2589.731+68.36))
=8785.072

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

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

Manila Bulletin Publishing'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 )
=96.856/( ( (4633.98 + max(2267.464, 0)) + (4638.416 + max(2267.56, 0)) )/ 2 )
=96.856/( ( 6901.444 + 6905.976 )/ 2 )
=96.856/6903.71
=1.40 %

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)
=(1660.048 + 734.408 + 114.866) - (159.812 + 0 + 82.046)
=2267.464

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1663.691 + 720.25 + 117.54) - (233.921 + 0 + 0)
=2267.56

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:

Manila Bulletin Publishing's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=136.244/2157.941
=6.31 %

* 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.


Manila Bulletin Publishing EBIT Related Terms


Manila Bulletin Publishing EBIT Historical Data

* Premium members only.

The historical data trend for Manila Bulletin Publishing'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.

Manila Bulletin Publishing EBIT Chart

Manila Bulletin Publishing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.20 122.00 136.37 109.48 137.02

Manila Bulletin Publishing 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 24.99 21.80 23.88 66.35 24.21

PHS:MB vs NYT, WLY: EBIT Comparison

For the Publishing subindustry, Manila Bulletin Publishing'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.


Manila Bulletin Publishing EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Manila Bulletin Publishing's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Manila Bulletin Publishing's EV-to-EBIT falls into.


PHS:MB
39GF Score
Manila Bulletin Publishing Corp PHS:MB
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Manila Bulletin Publishing 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 ₱136.2 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 ₱136.2 Mil mean?
Manila Bulletin Publishing (PHS:MB) has a EBIT of ₱136.2 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Manila Bulletin Publishing.
Is Manila Bulletin Publishing's EBIT too high?
Manila Bulletin Publishing's current EBIT is ₱136.2 Mil. Overall, Manila Bulletin Publishing has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manila Bulletin Publishing's EBIT compare to NYT and WLY?
Manila Bulletin Publishing's EBIT of ₱136.2 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good EBIT depends on the Media - Diversified 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 Manila Bulletin Publishing. Manila Bulletin Publishing's current EBIT is ₱136.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Bulletin Publishing stock overvalued right now?
Based on GuruFocus' analysis, Manila Bulletin Publishing (PHS:MB) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱0.17, compared to a current price of ₱0.19 — trading 10.6% above its estimated fair value. The current EBIT is ₱136.2 Mil. Manila Bulletin Publishing's overall GF Score™ is 39/100 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 Manila Bulletin Publishing (PHS:MB), the current EBIT is ₱136.2 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 Manila Bulletin Publishing (PHS:MB) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Bulletin Publishing stock appears to be overvalued. The current stock price of ₱0.19 is trading 10.6% above its estimated GF Value™ of ₱0.17. GuruFocus considers Manila Bulletin Publishing to be Modestly Overvalued.

Key valuation signals for PHS:MB:

  • EBIT: ₱136.2 Mil
  • GF Value™: ₱0.17 vs. price of ₱0.19 (10.6% above fair value)
  • GF Score™: 39/100 with 6 warning signs

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


Manila Bulletin Publishing Business Description

Address Muralla corner Recoletos Streets, Intramuros, Manila Bulletin Building, Manila, PHL, 0900
Manila Bulletin Publishing Corp mainly engaged in the publication, distribution, and advertising of news, magazines, and digital content. The company operates in the fields of journalism, publishing, advertising, and digital media. Its activities are Publishing and Printing: Producing and distributing content and news through print media, including newspapers and magazines, and through online platforms, extending the reach of its publications., and Advertising Services: Offering advertising solutions across its print, digital, and other media platforms for businesses and brands. Its services are Advertising Services, Subscription Services, Digital Content and Platforms, Special Projects & Partnerships. Its brands are Manila Bulletin, Tempo, Balita, Liwayway, Bannawag, etc.
39GF Score

Get the complete analysis for PHS:MB

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

₱0.19
Price
₱0.17
GF Value