Bridgepoint Group (LSE:BPT) EBIT : £91.3 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Bridgepoint Group EBIT?

Bridgepoint Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £35.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £91.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bridgepoint Group's annualized ROC % for the quarter that ended in Dec. 2023 was 6.84%. Bridgepoint Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 89.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bridgepoint Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.18%.

Bridgepoint Group EBIT Historical Data

The historical data trend for Bridgepoint 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.

Bridgepoint Group EBIT Chart

Bridgepoint Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

52.29

53.40

68.50

132.10

91.30

Bridgepoint Group Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial				24.90	50.70	81.40	55.80	35.50

Competitive Comparison of Bridgepoint Group's EBIT

For the Asset Management subindustry, Bridgepoint 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.

Bridgepoint Group's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bridgepoint Group's EV-to-EBIT distribution charts can be found below:

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

Bridgepoint 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £91.3 Mil.

Bridgepoint Group (LSE:BPT) EBIT Explanation

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

Bridgepoint Group'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 )
=	65.4 * ( 1 - 31.61% )	/	( (586.8	+	721.5)	/ 2 )
=	44.72706	/	654.15
=	6.84 %

where

	Invested Capital		(Q: Jun. 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	))
=	1942	-	198.4	-	( 1222.4	-	max(0, 220	-	1376.8	+	1222.4	))
=	586.8

	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	))
=	2377.7	-	198.4	-	( 1595.1	-	max(0, 337.7	-	1795.5	+	1595.1	))
=	721.5

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:

Bridgepoint Group'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 )
=	71	/	( ( (84.5 + max(-48.4, 0))	+	(73.7 + max(-199.8, 0)) )	/	2 )
=	71	/	( ( 84.5	+	73.7 )	/	2 )
=	71	/	79.1
=	89.76 %

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)
=	(120	+	0	+	34.4)	-	(198.4	+	0	+	4.4)
=	-48.4

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(17.5	+	0	+	93.6)	-	(198.4	+	0	+	112.5)
=	-199.8

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	91.3	/	1477.548
	=	6.18 %

Bridgepoint Group EBIT Related Terms

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

Bridgepoint Group (LSE:BPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bridgepoint Group PLC (LSE:BPT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

BPTl:UK 8XW:Germany

Address

5 Marble Arch, London, GBR, W1H 7EJ

Website

https://www.bridgepoint.eu

Bridgepoint Group PLC is an international alternative asset fund management group, providing private equity and private debt lending solutions to the middle market. It invests in six principal sectors - business services, consumer, financial services, healthcare, medtech and pharma, manufacturing and industrials and digital, technology, and media via a platform of offices in Europe, the U.S, and China.