System1 Group (STU:BBA) EBIT: €2.51 Mil (TTM As of Mar. 2026)

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STU:BBA System1 Group PLC STU:BBA
78 GF Score
Price €3.86
GF Value €4.84
Valuation Modestly Undervalued
! 2 Warning Signs
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What is System1 Group EBIT?

System1 Group STU:BBA -0.52% 78 EBIT is €2.51 Mil as of Mar. 2026. GuruFocus rates STU:BBA with a GF Score™ of 78/100 and a GF Value™ of €4.84 (Modestly Undervalued). The stock has 2 warning signs investors should review.

System1 Group's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was €2.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €2.51 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. System1 Group's annualized ROC % for the quarter that ended in Mar. 2026 was 37.64%. System1 Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 174.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. System1 Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.61%.

System1 Group  (STU:BBA) EBIT Explanation

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

System1 Group'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=4.308 * ( 1 - 36.4% )/( (6.564 + 7.994)/ 2 )
=2.739888/7.279
=37.64 %

where

Invested Capital(Q: Sep. 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))
=23.535 - 4.592 - ( 12.379 - max(0, 6.279 - 20.578+12.379))
=6.564

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))
=25.552 - 3.32 - ( 14.238 - max(0, 8.38 - 22.846+14.238))
=7.994

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

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

System1 Group'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4.402/( ( (1.507 + max(2.256, 0)) + (1.273 + max(-0.129, 0)) )/ 2 )
=4.402/( ( 3.763 + 1.273 )/ 2 )
=4.402/2.518
=174.82 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.95 + 0 + 0) - (4.592 + 0 + 1.102)
=2.256

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.617 + 0 + 0.046000000000003) - (3.32 + 0 + 4.472)
=-0.129

When net working capital is negative, 0 is used.

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

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

System1 Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2.507/37.904
=6.61 %

* 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.

System1 Group EBIT Related Terms

System1 Group EBIT Historical Data

* Premium members only.

The historical data trend for System1 Group'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.

System1 Group EBIT Chart

System1 Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 0.97 3.68 6.37 2.51

System1 Group Semi-Annual Data
Jun16 Dec16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.57 3.06 3.30 0.31 2.20

STU:BBA vs APP, OMC, TTD: EBIT Comparison

For the Advertising Agencies subindustry, System1 Group'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.

System1 Group EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, System1 Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where System1 Group's EV-to-EBIT falls into.


STU:BBA
78GF Score
System1 Group PLC STU:BBA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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System1 Group 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 semi-annually data reported by the company within the most recent 12 months, which was €2.51 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 €2.51 Mil mean?
System1 Group (STU:BBA) has a EBIT of €2.51 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on System1 Group.
Is System1 Group's EBIT too high?
System1 Group's current EBIT is €2.51 Mil. Overall, System1 Group has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does System1 Group's EBIT compare to APP and OMC?
System1 Group's EBIT of €2.51 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 System1 Group. System1 Group's current EBIT is €2.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System1 Group stock overvalued right now?
Based on GuruFocus' analysis, System1 Group (STU:BBA) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.84, compared to a current price of €3.86 — trading 20.2% below its estimated fair value. The current EBIT is €2.51 Mil. System1 Group's overall GF Score™ is 78/100 with 2 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 System1 Group (STU:BBA), the current EBIT is €2.51 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 System1 Group (STU:BBA) Overvalued in 2026?

Based on GuruFocus' analysis, System1 Group stock appears to be undervalued. The current stock price of €3.86 is trading 20.2% below its estimated GF Value™ of €4.84. GuruFocus considers System1 Group to be Modestly Undervalued.

Key valuation signals for STU:BBA:

  • EBIT: €2.51 Mil
  • GF Value™: €4.84 vs. price of €3.86 (20.2% below fair value)
  • GF Score™: 78/100 with 2 warning signs

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

System1 Group Business Description

Other Exchanges SYS1:UK
Address 26 Hatton Garden, London, GBR, EC1N 8BR
System1 Group PLC is engaged in providing market research data and insight services. The company's geographical segments include the United States of America, Latin America (LatAm), the United Kingdom, the Rest Of Europe, and the Asia Pacific (APAC) region. A majority of its revenue is generated from its business in the United Kingdom.
78GF Score

Get the complete analysis for STU:BBA

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

€3.86
Price
€4.84
GF Value