Highway Capital (LSE:HWC) EV-to-EBIT: -4.14 (As of Aug. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Highway Capital EV-to-EBIT?

Highway Capital LSE:HWC EV-to-EBIT is -4.14 as of Aug. 21, 2026.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Highway Capital's Enterprise Value is £1.78 Mil. Highway Capital's EBIT for the trailing twelve months (TTM) ended in Feb. 2023 was £-0.43 Mil. Therefore, Highway Capital's EV-to-EBIT for today is -4.14.

The historical rank and industry rank for Highway Capital's EV-to-EBIT or its related term are showing as below:

LSE:HWC's EV-to-EBIT is not ranked *
in the Conglomerates industry.
Industry Median: 11.43
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Highway Capital's Enterprise Value for the quarter that ended in Feb. 2023 was £2.84 Mil. Highway Capital's EBIT for the trailing twelve months (TTM) ended in Feb. 2023 was £-0.43 Mil. Highway Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2023 was -15.13%.


Highway Capital  (LSE:HWC) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Highway Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Feb. 2023 ) =EBIT / Enterprise Value (Q: Feb. 2023 )
=-0.43/2.84195
=-15.13 %

Highway Capital's Enterprise Value for the quarter that ended in Feb. 2023 was £2.84 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Highway Capital's EBIT for the trailing twelve months (TTM) ended in Feb. 2023 was £-0.43 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.


Highway Capital EV-to-EBIT Related Terms


Highway Capital EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Highway Capital's EV-to-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.

Highway Capital EV-to-EBIT Chart

Highway Capital Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.96 -18.26 -3.70 -6.61 -14.53

Highway Capital Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Feb24
EV-to-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 0.00 -3.70 0.00 0.00 0.00

LSE:HWC vs HON, MMM, IEP: EV-to-EBIT Comparison

For the Conglomerates subindustry, Highway Capital'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.


Highway Capital EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Highway Capital's EV-to-EBIT distribution charts can be found below:

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



Highway Capital EV-to-EBIT Calculation

Highway Capital's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1.781/-0.43
=-4.14

Highway Capital's current Enterprise Value is £1.78 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Highway Capital's EBIT for the trailing twelve months (TTM) ended in Feb. 2023 was £-0.43 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 EV-to-EBIT →
What does a EV-to-EBIT of -4.14 mean?
Highway Capital (LSE:HWC) has a EV-to-EBIT of -4.14 as of Aug. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Highway Capital and its competitors.
Is Highway Capital's EV-to-EBIT too high?
Highway Capital's current EV-to-EBIT is -4.14.
How does Highway Capital's EV-to-EBIT compare to HON and MMM?
Highway Capital's EV-to-EBIT of -4.14 can be compared against companies in the Conglomerates industry. The industry median EV-to-EBIT is 11.43. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Conglomerates company?
The median EV-to-EBIT among Conglomerates companies is 11.43, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Highway Capital and its competitors. For the Conglomerates industry, the median EV-to-EBIT is 11.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highway Capital's current EV-to-EBIT is -4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highway Capital stock overvalued right now?
Highway Capital (LSE:HWC) has a current EV-to-EBIT of -4.14. The current EV-to-EBIT is -4.14. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Highway Capital (LSE:HWC), the current EV-to-EBIT is -4.14 as of Aug. 21, 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.

Highway Capital Business Description

Address Reynolds Road, Eden House, Beaconsfield, Buckinghamshire, GBR, HP9 2FL
Highway Capital PLC is a United Kingdom-based company. The company focuses on investing in or acquiring undervalued companies with either strong asset backing or opportunities, which possess high barriers to entry.