PSG Financial Services Limited (JSE:KST) EBIT : R1,624 Mil (TTM As of Feb. 2024)

View and export this data going back to 2014. Start your Free Trial

What is PSG Financial Services Limited EBIT?

PSG Financial Services Limited's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2024 was R870 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was R1,624 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PSG Financial Services Limited's annualized ROC % for the quarter that ended in Feb. 2024 was 0.61%. PSG Financial Services Limited's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 752.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PSG Financial Services Limited's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 1.39%.

PSG Financial Services Limited EBIT Historical Data

The historical data trend for PSG Financial Services Limited'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.

PSG Financial Services Limited EBIT Chart

PSG Financial Services Limited Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

EBIT

Get a 7-Day Free Trial

1,049.92

1,109.88

1,434.00

1,472.22

1,624.25

PSG Financial Services Limited Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
EBIT	Get a 7-Day Free Trial															800.25	621.01	851.20	754.00	870.25

Competitive Comparison of PSG Financial Services Limited's EBIT

For the Asset Management subindustry, PSG Financial Services Limited'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.

PSG Financial Services Limited's EV-to-EBIT Distribution in the Asset Management Industry

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

* The bar in red indicates where PSG Financial Services Limited's EV-to-EBIT falls into.

PSG Financial Services Limited 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,624 Mil.

PSG Financial Services Limited (JSE:KST) EBIT Explanation

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

PSG Financial Services Limited's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

	ROC % (Q: Feb. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Aug. 2023 )	+	Invested Capital (Q: Feb. 2024 ))	/ count )
=	1298.094 * ( 1 - 30.29% )	/	( (87334.729	+	208075.267)	/ 2 )
=	904.9013274	/	147704.998
=	0.61 %

where

	Invested Capital		(Q: Aug. 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	))
=	91173.308	-	2559.703	-	( 1478.522	-	max(0, 2559.703	-	3838.579	+	1478.522	))
=	87334.729

	Invested Capital		(Q: Feb. 2024 )
=	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	))
=	114109.099	-	2923.35	-	( 8600.267	-	max(0, 108308.318	-	11418.8	+	8600.267	))
=	208075.267

Note: The Operating Income data used here is two times the semi-annual (Feb. 2024) data.

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

PSG Financial Services Limited's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Feb. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Aug. 2023		Q: Feb. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1740.504	/	( ( (224.848 + max(-444.116, 0))	+	(237.669 + max(-340.83299999999, 0)) )	/	2 )
=	1740.504	/	( ( 224.848	+	237.669 )	/	2 )
=	1740.504	/	231.2585
=	752.62 %

where Working Capital is:

	Working Capital		(Q: Aug. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1996.365	+	0	+	119.222)	-	(2559.703	+	0	+	0)
=	-444.116

	Working Capital		(Q: Feb. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2248.361	+	0	+	468.073)	-	(2923.35	+	0	+	133.91699999999)
=	-340.83299999999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2024) EBIT data.

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

PSG Financial Services Limited's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Feb. 2024 )
	=	1624.251	/	117146.239
	=	1.39 %

PSG Financial Services Limited EBIT Related Terms

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

PSG Financial Services Limited (JSE:KST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PSG Financial Services Limited (JSE:KST) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

KFS:Namibia

Address

3 Howick Close, 4th Floor, The Edge, Tyger Waterfront, Tyger Valley, Bellville, ZAF, 7530

Website

https://www.psg.co.za

PSG Financial Services Limited is an independent financial services group. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. Offerings under PSG Insure cover a range of short-term insurance solutions, for both personal and commercial needs. PSG rounds out its portfolio with the PSG Asset Management group which offers a range of local unit trusts and international funds.

PSG Financial Services Limited (JSE:KST) Headlines

No Headlines