HSS Hire Group (STU:HG3) EBIT : €16.2 Mil (TTM As of Jun. 2024)

View and export this data going back to 2015. Start your Free Trial

What is HSS Hire Group EBIT?

HSS Hire Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €4.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €16.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HSS Hire Group's annualized ROC % for the quarter that ended in Jun. 2024 was 4.83%. HSS Hire Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HSS Hire Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.27%.

HSS Hire Group EBIT Historical Data

The historical data trend for HSS Hire 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.

* Premium members only.

HSS Hire Group EBIT Chart

HSS Hire Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

14.71

-7.81

26.94

27.46

22.75

HSS Hire Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															10.13	17.46	11.21	11.58	4.59

Competitive Comparison of HSS Hire Group's EBIT

For the Rental & Leasing Services subindustry, HSS Hire 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.

HSS Hire Group's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HSS Hire Group's EV-to-EBIT distribution charts can be found below:

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

HSS Hire 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €16.2 Mil.

HSS Hire Group (STU:HG3) EBIT Explanation

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

HSS Hire Group's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	16.356 * ( 1 - -18.1% )	/	( (410.256	+	389.401)	/ 2 )
=	19.316436	/	399.8285
=	4.83 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	498.178	-	65.904	-	( 37.064	-	max(0, 127.946	-	149.964	+	37.064	))
=	410.256

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	474.967	-	67.434	-	( 45.151	-	max(0, 125.064	-	143.196	+	45.151	))
=	389.401

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

HSS Hire Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	9.174	/	( ( (168.303 + max(-13.848, 0))	+	(155.145 + max(-27.689, 0)) )	/	2 )
=	9.174	/	( ( 168.303	+	155.145 )	/	2 )
=	9.174	/	161.724
=	5.67 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(78.334	+	4.438	+	8.003)	-	(65.904	+	0	+	38.719)
=	-13.848

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(63.644	+	3.624	+	8.905)	-	(67.434	+	0	+	36.428)
=	-27.689

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	16.17	/	157.383
	=	10.27 %

HSS Hire Group EBIT Related Terms

Thank you for viewing the detailed overview of HSS Hire Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

HSS Hire Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » HSS Hire Group PLC (STU:HG3) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

HSS:UK

Address

Mosley Road, Building 2, Think Park, Manchester, GBR, M17 1FQ76

Website

https://www.hsshiregroup.com

HSS Hire Group PLC operates in the United Kingdom based rental and leasing industry and is a leader in the equipment hire market. The company's business focuses on supplying equipment and services to the fit-out, maintain and operate sectors of the market. The company operates in two main segments it includes Service and Operations. The Service Segment runs a digital marketplace connecting customers and suppliers, boasting scalability, tech-driven operations, and specialized training services. On the other hand, the Operations Segment manages fulfillment and power generation, with a strong emphasis on health, safety, and quality standards.

HSS Hire Group Headlines

No Headlines