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Alpha Group International (LSE:ALPH) EBIT : £116.7 Mil (TTM As of Dec. 2023)


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What is Alpha Group International EBIT?

Alpha Group International's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £64.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £116.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alpha Group International's annualized ROC % for the quarter that ended in Dec. 2023 was 85.12%. Alpha Group International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 553.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alpha Group International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.87%.


Alpha Group International EBIT Historical Data

The historical data trend for Alpha Group International'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.

Alpha Group International EBIT Chart

Alpha Group International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.76 17.51 33.86 47.23 116.73

Alpha Group International Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 18.16 18.05 29.18 52.72 64.00

Competitive Comparison of Alpha Group International's EBIT

For the Capital Markets subindustry, Alpha Group International'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.


Alpha Group International's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Alpha Group International's EV-to-EBIT distribution charts can be found below:

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



Alpha Group International 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £116.7 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.


Alpha Group International  (LSE:ALPH) EBIT Explanation

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

Alpha Group International's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=124.116 * ( 1 - 24.14% )/( (109 + 112.217)/ 2 )
=94.1543976/110.6085
=85.12 %

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))
=372.6 - 63.991 - ( 197.941 - max(0, 113.431 - 309.823+197.941))
=112.217

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Alpha Group International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=128.006/( ( (16.593 + max(-6.093, 0)) + (29.694 + max(-5.059, 0)) )/ 2 )
=128.006/( ( 16.593 + 29.694 )/ 2 )
=128.006/23.1435
=553.10 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 116.71) - (68.556 + 0 + 54.247)
=-6.093

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 107.344) - (63.991 + 0 + 48.412)
=-5.059

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=116.727/785.246
=14.87 %

* 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.


Alpha Group International EBIT Related Terms

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Alpha Group International (LSE:ALPH) Business Description

Traded in Other Exchanges
Address
2 Canalside Walk, Brunel Building, London, GBR, W2 1DG
Alpha Group International plc is a high-tech, high-touch provider of enhanced financial solutions dedicated to corporates and institutions operating internationally. The operating segments are Corporate London, Institutional, Corporate Toronto, Corporate Amsterdam and Alpha Pay It blends intelligent human capabilities with new technologies to solve complex problems across three key areas: FX risk management, global accounts and mass payments. Majority of its revenue comes from Corporate London segment.

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