Hor Kew (SGX:BBP) EBIT: S$15.72 Mil (TTM As of Dec. 2025)

What is Hor Kew EBIT?

Hor Kew SGX:BBP 48 EBIT is S$15.72 Mil as of Dec. 2025. GuruFocus rates SGX:BBP with a GF Score™ of 48/100 and a GF Value™ of S$0.32 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Hor Kew's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was S$8.15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was S$15.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hor Kew's annualized ROC % for the quarter that ended in Dec. 2025 was 0.71%. Hor Kew's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 22.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hor Kew's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 11.58%.

Hor Kew (SGX:BBP) EBIT Explanation

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

Hor Kew's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

	ROC % (Q: Dec. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	1.498 * ( 1 - 29.03% )	/	( (104.757	+	195.003)	/ 2 )
=	1.0631306	/	149.88
=	0.71 %

where

	Invested Capital		(Q: Jun. 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	))
=	155.394	-	29.451	-	( 33.088	-	max(0, 39.01	-	60.196	+	33.088	))
=	104.757

	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	))
=	231.015	-	27.685	-	( 8.327	-	max(0, 52.192	-	69.331	+	8.327	))
=	195.003

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

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

Hor Kew's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2025		Q: Dec. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	16.3	/	( ( (31.566 + max(-4.539, 0))	+	(94.301 + max(17.499, 0)) )	/	2 )
=	16.3	/	( ( 31.566	+	111.8 )	/	2 )
=	16.3	/	71.683
=	22.74 %

where Working Capital is:

	Working Capital		(Q: Jun. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(14.525	+	9.383	+	1.456)	-	(29.451	+	0	+	0.452)
=	-4.539

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(21.241	+	16.006	+	21.398)	-	(27.685	+	0	+	13.461)
=	17.499

When net working capital is negative, 0 is used.

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

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

Hor Kew's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	15.724	/	135.748
	=	11.58 %

* 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.

Hor Kew EBIT Related Terms

Hor Kew EBIT Historical Data

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The historical data trend for Hor Kew's EBIT can be seen below:

Hor Kew EBIT Chart

Hor Kew Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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4.97

4.57

10.38

18.27

19.49

Hor Kew Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
EBIT	Get a 7-Day Free Trial															6.98	5.31	12.96	7.57	8.15

SGX:BBP vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Hor Kew'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.

Hor Kew EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Hor Kew's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hor Kew's EV-to-EBIT falls into.

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48GF Score

Hor Kew Corp Ltd SGX:BBP

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Hor Kew 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$15.72 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of S$15.72 Mil mean?

Hor Kew (SGX:BBP) has a EBIT of S$15.72 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hor Kew.

Is Hor Kew's EBIT too high?

Hor Kew's current EBIT is S$15.72 Mil. Overall, Hor Kew has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Hor Kew's EBIT compare to PWR and FIX?

Hor Kew's EBIT of S$15.72 Mil can be compared against companies in the Construction 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 Construction company?

A good EBIT depends on the Construction 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 Hor Kew. Hor Kew's current EBIT is S$15.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hor Kew stock overvalued right now?

Based on GuruFocus' analysis, Hor Kew (SGX:BBP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.32, compared to a current price of S$1.10 — trading 243.8% above its estimated fair value. The current EBIT is S$15.72 Mil. Hor Kew's overall GF Score™ is 48/100 with 4 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 Hor Kew (SGX:BBP), the current EBIT is S$15.72 Mil as of Dec. 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 Hor Kew (SGX:BBP) Overvalued in 2026?

Based on GuruFocus' analysis, Hor Kew stock appears to be overvalued. The current stock price of S$1.10 is trading 243.8% above its estimated GF Value™ of S$0.32. GuruFocus considers Hor Kew to be Significantly Overvalued.

Key valuation signals for SGX:BBP:

EBIT: S$15.72 Mil
GF Value™: S$0.32 vs. price of S$1.10 (243.8% above fair value)
GF Score™: 48/100 with 4 warning signs

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

Hor Kew Business Description

Industry Industrials Construction

Comparable Companies SGX:5WF SGX:KJ5 SGX:BFT SGX:1L2 SGX:PA3 SGX:53W SGX:C06 SGX:554 SGX:BFI SGX:5TT PWR XPAR:DG FIX NSE:LT XKRX:028260 XAMS:FER XTER:HOT XMAD:ACS EME MTZ

Address 66 Kallang Pudding Road, No. 07-01, Hor Kew Business Centre, Singapore, SGP, 349324

Website https://www.horkew.com.sg

Hor Kew Corp Ltd is a building construction company that provides construction-related products and services. The company manufactures and supplies prestressed and reinforced concrete building components and prefinished architectural precast components. Its segments include Property investment and development segment that is engaged in the development, sales and leasing of residential, commercial and industrial properties; Prefabrication segment that derives maximum revenue, is engaged in design, manufacture and sales of prestressed and reinforced concrete building components as well as prefabricated architectural metal components and Others segment comprises mainly the Group level corporate services and treasury functions.

48GF Score

Get the complete analysis for SGX:BBP

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

S$1.10

Price

S$0.32

GF Value

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