Knights Group Holdings (LSE:KGH) EBIT : £18.6 Mil (TTM As of Oct. 2023)

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What is Knights Group Holdings EBIT?

Knights Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Oct. 2023 was £9.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2023 was £18.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Knights Group Holdings's annualized ROC % for the quarter that ended in Oct. 2023 was 8.33%. Knights Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was 34.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Knights Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was 9.43%.

Knights Group Holdings EBIT Historical Data

The historical data trend for Knights Group 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.

* Premium members only.

Knights Group Holdings EBIT Chart

Knights Group Holdings Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

EBIT

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6.05

5.52

7.39

3.42

15.19

Knights Group Holdings Semi-Annual Data
	Apr16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
EBIT	Get a 7-Day Free Trial										1.91	1.51	5.77	9.42	9.17

Competitive Comparison of Knights Group Holdings's EBIT

For the Specialty Business Services subindustry, Knights Group 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.

Knights Group Holdings's EV-to-EBIT Distribution in the Business Services Industry

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

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

Knights Group 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £18.6 Mil.

Knights Group Holdings (LSE:KGH) EBIT Explanation

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

Knights Group Holdings's annualized ROC % for the quarter that ended in Oct. 2023 is calculated as:

	ROC % (Q: Oct. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Apr. 2023 )	+	Invested Capital (Q: Oct. 2023 ))	/ count )
=	24.308 * ( 1 - 33.56% )	/	( (192.374	+	195.357)	/ 2 )
=	16.1502352	/	193.8655
=	8.33 %

where

	Invested Capital		(Q: Apr. 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	))
=	211.71	-	15.291	-	( 4.045	-	max(0, 32.282	-	73.814	+	4.045	))
=	192.374

	Invested Capital		(Q: Oct. 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	))
=	219.639	-	17.949	-	( 6.333	-	max(0, 72.483	-	81.995	+	6.333	))
=	195.357

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

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

Knights Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Oct. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Apr. 2023		Q: Oct. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	18.344	/	( ( (48.204 + max(-1.685, 0))	+	(47.52 + max(9.124, 0)) )	/	2 )
=	18.344	/	( ( 48.204	+	56.644 )	/	2 )
=	18.344	/	52.424
=	34.99 %

where Working Capital is:

	Working Capital		(Q: Apr. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(23.61	+	0	+	0.46699999999998)	-	(15.291	+	0	+	10.471)
=	-1.685

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(30.516	+	0	+	1.559)	-	(17.949	+	0	+	5.002)
=	9.124

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Oct. 2023 )
	=	18.594	/	197.217
	=	9.43 %

Knights Group Holdings EBIT Related Terms

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Knights Group Holdings (LSE:KGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Knights Group Holdings PLC (LSE:KGH) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

77Q:Germany

Address

The Brampton, Newcastle-Under-Lyme, Staffordshire, GBR, ST5 0QW

Website

https://www.knightsplc.com

Knights Group Holdings PLC is engaged in providing regional legal and professional service businesses. The group provides corporate and commercial legal services at scale and across a broad sector basis, like the larger national law firms. The company generates fee income across various individual departments, which includes niche areas to service the specific needs of its clients. Its service lines include real estate, Dispute Resolution, Corporate, Employment, CL Medilaw, and private client.

Knights Group Holdings (LSE:KGH) Headlines

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