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London Security (LSE:LSC) EBIT : £31.8 Mil (TTM As of Dec. 2023)


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What is London Security EBIT?

London Security's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £18.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £31.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. London Security's annualized ROC % for the quarter that ended in Dec. 2023 was 19.61%. London Security's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 71.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. London Security's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.13%.


London Security EBIT Historical Data

The historical data trend for London Security'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.

London Security EBIT Chart

London Security 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 24.27 24.76 27.18 27.18 31.80

London Security Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only 14.88 10.90 16.28 13.74 18.07

Competitive Comparison of London Security's EBIT

For the Security & Protection Services subindustry, London Security'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.


London Security's EV-to-EBIT Distribution in the Business Services Industry

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

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



London Security 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 £31.8 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.


London Security  (LSE:LSC) EBIT Explanation

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

London Security'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 )
=35.7 * ( 1 - 25.61% )/( (130.23 + 140.585)/ 2 )
=26.55723/135.4075
=19.61 %

where

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:

London Security'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 )
=36.13/( ( (21.961 + max(29.482, 0)) + (24.298 + max(25.882, 0)) )/ 2 )
=36.13/( ( 51.443 + 50.18 )/ 2 )
=36.13/50.8115
=71.11 %

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)
=(43.907 + 22.934 + 0) - (37.35 + 0 + 0.0089999999999932)
=29.482

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37.454 + 22.143 + 4.969) - (28.817 + 0 + 9.867)
=25.882

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:

London Security's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=31.802/348.343
=9.13 %

* 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.


London Security EBIT Related Terms

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London Security (LSE:LSC) Business Description

Traded in Other Exchanges
N/A
Address
2 Jubilee Way, Premier House, Elland, West Yorkshire, GBR, HX5 9DY
London Security PLC is an investment holding company that provides fire protection services and products. The business activity of the group functions through the United Kingdom, Belgium, the Netherlands, Austria, France, Germany, Denmark and Luxembourg. It derives revenue from the Outright sale of equipment, Maintenance, service, installation and Equipment rental activity. The company products are marketed under Nu-Swift, Ansul, Total; and Premier and Master brand names. The group operates in a single segment being g the provision and maintenance of fire protection and security equipment in Europe.

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