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Visual International Holdings (JSE:VIS) EBIT : R-2.33 Mil (TTM As of Aug. 2023)


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What is Visual International Holdings EBIT?

Visual International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2023 was R-1.43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2023 was R-2.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Visual International Holdings's annualized ROC % for the quarter that ended in Aug. 2023 was -20.47%. Visual International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was -47,566.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Visual International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was -7.07%.

Visual International Holdings EBIT Historical Data

The historical data trend for Visual International 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.

Visual International Holdings EBIT Chart

Visual International Holdings Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.17 -22.22 -4.81 -4.58 -3.14

Visual International Holdings Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 -2.86 -1.72 -2.23 -0.90 -1.43

Competitive Comparison of Visual International Holdings's EBIT

For the Real Estate Services subindustry, Visual International 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.

Visual International Holdings's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Visual International Holdings's EV-to-EBIT distribution charts can be found below:

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


Visual International 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-2.33 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.

Visual International Holdings  (JSE:VIS) EBIT Explanation

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

Visual International Holdings's annualized ROC % for the quarter that ended in Aug. 2023 is calculated as:

ROC % (Q: Aug. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2023 ) + Invested Capital (Q: Aug. 2023 ))/ count )
=-7.506 * ( 1 - 6.97% )/( (36.906 + 31.332)/ 2 )
=-6.9828318/34.119
=-20.47 %

where

Invested Capital(Q: Feb. 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))
=20.25 - 8.297 - ( 0.004 - max(0, 25.276 - 0.323+0.004))
=36.906

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))
=20.245 - 15.326 - ( 0.001 - max(0, 26.734 - 0.321+0.001))
=31.332

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

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

Visual International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2023  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.854/( ( (0.007 + max(-18.638, 0)) + (0.005 + max(-20.678, 0)) )/ 2 )
=-2.854/( ( 0.007 + 0.005 )/ 2 )
=-2.854/0.006
=-47,566.67 %

where Working Capital is:

Working Capital(Q: Feb. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.022 + 0 + 0.297) - (8.297 + 0 + 10.66)
=-18.638

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.318 + 0 + 0.002) - (15.326 + 0 + 5.672)
=-20.678

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2023 )
=-2.331/32.980
=-7.07 %

* 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.

Visual International Holdings EBIT Related Terms

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Visual International Holdings (JSE:VIS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Visual International Holdings Ltd (JSE:VIS) » Definitions » EBIT
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Traded in Other Exchanges
N/A
Address
23 Kleinplaas, Hohenhort Street, Stellenberg, Western Cape, ZAF, 7550
Website
https://www.visualinternational.co.za
Visual International Holdings Ltd is a property development company. The activity of the group functions through three divisions namely Property Services, Property Investment, and Property Development. The Property Services segment is involved in the rendering of management, administration, and consulting services on development projects. The Property Investment segment is engaged in letting of residential properties held by the group, whereas the Property Development segment looks into the development of residential properties held by the group or sold to third parties. The group's revenue is derived from operations and property holdings in South Africa.