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Steinhoff International Holdings NV (JSE:SNH) EBIT : R56,812 Mil (TTM As of Mar. 2023)


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What is Steinhoff International Holdings NV EBIT?

Steinhoff International Holdings NV's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was R50,087 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was R56,812 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Steinhoff International Holdings NV's annualized ROC % for the quarter that ended in Mar. 2023 was 5.68%. Steinhoff International Holdings NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 349.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Steinhoff International Holdings NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 27.94%.


Steinhoff International Holdings NV EBIT Historical Data

The historical data trend for Steinhoff International Holdings NV'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.

Steinhoff International Holdings NV EBIT Chart

Steinhoff International Holdings NV Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,721.17 4,343.39 -17,049.26 8,136.80 12,597.60

Steinhoff International Holdings NV Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 6,467.06 1,905.45 5,552.26 6,725.69 50,086.55

Competitive Comparison of Steinhoff International Holdings NV's EBIT

For the Specialty Retail subindustry, Steinhoff International Holdings NV'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.


Steinhoff International Holdings NV's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Steinhoff International Holdings NV's EV-to-EBIT distribution charts can be found below:

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



Steinhoff International Holdings NV 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 Mar. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R56,812 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.


Steinhoff International Holdings NV  (JSE:SNH) EBIT Explanation

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

Steinhoff International Holdings NV's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=20214.478 * ( 1 - 0.79% )/( (354318.248 + 352130.744)/ 2 )
=20054.7836238/353224.496
=5.68 %

where

Invested Capital(Q: Sep. 2022 )
=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))
=231548.325 - 31572.396 - ( 17239.364 - max(0, 236862.664 - 82520.345+17239.364))
=354318.248

Invested Capital(Q: Mar. 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))
=155850.893 - 2267.775 - ( 9618.495 - max(0, 210199.298 - 11651.672+9618.495))
=352130.744

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

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

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

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=100173.102/( ( (49797.962 + max(7537.647, 0)) + (0 + max(-469.19600000003, 0)) )/ 2 )
=100173.102/( ( 57335.609 + 0 )/ 2 )
=100173.102/28667.8045
=349.43 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1881.798 + 36364.012 + 18706.47) - (31572.396 + 0 + 17842.237)
=7537.647

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(410.546 + 0 + 1622.631) - (2267.775 + 0 + 234.59800000003)
=-469.19600000003

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=56812.238/203358.986
=27.94 %

* 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.


Steinhoff International Holdings NV EBIT Related Terms

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Steinhoff International Holdings NV (JSE:SNH) Business Description

Traded in Other Exchanges
N/A
Address
Cnr Adam Tas and Devon Valley Road, Building B2, Vineyard Office Park, Stellenbosch, WC, ZAF, 7600
Steinhoff International Holdings NV is a global holding company with investments in retail businesses in Africa, Australasia, Europe, the United Kingdom, and the United States. The company's four business segments include Pepco Group, Greenlit Brands, Pepkor Holdings, and Group services. The majority of the revenue comes from both Pepco Group and Pepkor Holdings. Pepco Group consists of the general merchandise retail business of Pepco and Poundland. Pepkor Holdings includes retail chains predominantly selling clothing, footwear, textiles, cell phones, airtime, and fast-moving consumer goods, with its revenue mainly derived from South Africa. The holding company operates globally, with the majority of sales coming from Africa and Europe.

Steinhoff International Holdings NV (JSE:SNH) Headlines

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