Hock Lian Seng Holdings (SGX:J2T) EBIT: S$-42.9 Mil (TTM As of Jun. 2026)

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SGX:J2T Hock Lian Seng Holdings Ltd SGX:J2T
49 GF Score
Price S$0.29
GF Value S$0.24
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hock Lian Seng Holdings EBIT?

Hock Lian Seng Holdings SGX:J2T 49 EBIT is S$-42.9 Mil as of Jun. 2026. GuruFocus rates SGX:J2T with a GF Score™ of 49/100 and a GF Value™ of S$0.24 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Hock Lian Seng Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2026 was S$-52.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was S$-42.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hock Lian Seng Holdings's annualized ROC % for the quarter that ended in Jun. 2026 was -46.71%. Hock Lian Seng Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -111.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hock Lian Seng Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -48.12%.


Hock Lian Seng Holdings  (SGX:J2T) EBIT Explanation

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

Hock Lian Seng Holdings's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-111.71 * ( 1 - 0% )/( (271.283 + 207.047)/ 2 )
=-111.71/239.165
=-46.71 %

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))
=399.309 - 16.664 - ( 111.362 - max(0, 59.948 - 351.499+111.362))
=271.283

Invested Capital(Q: Jun. 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))
=363.766 - 52.417 - ( 104.302 - max(0, 85.188 - 317.217+104.302))
=207.047

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

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

Hock Lian Seng Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-105.688/( ( (21.012 + max(90.98, 0)) + (20.15 + max(57.035, 0)) )/ 2 )
=-105.688/( ( 111.992 + 77.185 )/ 2 )
=-105.688/94.5885
=-111.73 %

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)
=(10.564 + 130.894 + 9.102) - (16.664 + 0 + 42.916)
=90.98

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.455 + 129.49 + 0.81099999999998) - (52.417 + 0 + 32.304)
=57.035

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

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

Hock Lian Seng Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=-42.915/89.187
=-48.12 %

* 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.


Hock Lian Seng Holdings EBIT Related Terms


Hock Lian Seng Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Hock Lian Seng Holdings'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.

Hock Lian Seng Holdings EBIT Chart

Hock Lian Seng Holdings 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 13.70 6.10 16.65 37.66 19.94

Hock Lian Seng Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 17.65 13.61 10.01 9.93 -52.84

SGX:J2T vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Hock Lian Seng Holdings'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.


Hock Lian Seng Holdings EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Hock Lian Seng Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hock Lian Seng Holdings's EV-to-EBIT falls into.


SGX:J2T
49GF Score
Hock Lian Seng Holdings Ltd SGX:J2T
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hock Lian Seng Holdings 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 Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-42.9 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 S$-42.9 Mil mean?
Hock Lian Seng Holdings (SGX:J2T) has a EBIT of S$-42.9 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hock Lian Seng Holdings.
Is Hock Lian Seng Holdings' EBIT too high?
Hock Lian Seng Holdings' current EBIT is S$-42.9 Mil. Overall, Hock Lian Seng Holdings has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hock Lian Seng Holdings' EBIT compare to PWR and FIX?
Hock Lian Seng Holdings' EBIT of S$-42.9 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 Hock Lian Seng Holdings. Hock Lian Seng Holdings's current EBIT is S$-42.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hock Lian Seng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hock Lian Seng Holdings (SGX:J2T) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.24, compared to a current price of S$0.29 — trading 20.8% above its estimated fair value. The current EBIT is S$-42.9 Mil. Hock Lian Seng Holdings' overall GF Score™ is 49/100 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 Hock Lian Seng Holdings (SGX:J2T), the current EBIT is S$-42.9 Mil as of Jun. 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 Hock Lian Seng Holdings (SGX:J2T) Overvalued in 2026?

Based on GuruFocus' analysis, Hock Lian Seng Holdings stock appears to be overvalued. The current stock price of S$0.29 is trading 20.8% above its estimated GF Value™ of S$0.24. GuruFocus considers Hock Lian Seng Holdings to be Modestly Overvalued.

Key valuation signals for SGX:J2T:

  • EBIT: S$-42.9 Mil
  • GF Value™: S$0.24 vs. price of S$0.29 (20.8% above fair value)
  • GF Score™: 49/100 with 6 warning signs

No single metric tells the full story. See the SGX:J2T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hock Lian Seng Holdings Business Description

Address 80 Marine Parade Road, No. 16-08, Parkway Parade, Singapore, SGP, 449269
Hock Lian Seng Holdings Ltd is a civil engineering group undertaking projects for both the public and private sectors in Singapore. The Group carries out civil engineering works for bridges, expressways, tunnels, Mass Rapid Transit, port facilities, water and sewage facilities, and other infrastructure works. Its key customers include government and government-related bodies of Singapore, such as the Land Transport Authority, Housing Development Board, Port of Singapore Authority, etc. Additionally, the Group is involved in property development and property investment businesses with various industrial and residential projects in its portfolio. Its reportable operating segments are: Civil engineering, which generates the maximum revenue, Properties development, and Properties investment.
49GF Score

Get the complete analysis for SGX:J2T

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

S$0.29
Price
S$0.24
GF Value