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Enterprise Group (XGHA:EGL) EBIT : GHS286 Mil (TTM As of Dec. 2022)


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What is Enterprise Group EBIT?

Enterprise Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2022 was GHS286 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was GHS286 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Enterprise Group's annualized ROC % for the quarter that ended in Dec. 2022 was 12.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Enterprise Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 164.54%.


Enterprise Group EBIT Historical Data

The historical data trend for Enterprise 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.

Enterprise Group EBIT Chart

Enterprise Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.11 143.60 180.13 156.12 286.36

Enterprise Group Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 104.11 143.60 180.13 156.12 286.36

Competitive Comparison of Enterprise Group's EBIT

For the Insurance - Life subindustry, Enterprise 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.


Enterprise Group's EV-to-EBIT Distribution in the Insurance Industry

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

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



Enterprise 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was GHS286 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.


Enterprise Group  (XGHA:EGL) EBIT Explanation

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

Enterprise Group's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=286.361 * ( 1 - 20.82% )/( (1760.9695 + 1994.34375)/ 2 )
=226.7406398/1877.656625
=12.08 %

where

Invested Capital(Q: Dec. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2163.317 - 201.921 - ( 259.509 - 5% * 1181.65 )
=1760.9695

Invested Capital(Q: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=2422.385 - 240.313 - ( 252.046 - 5% * 1286.355 )
=1994.34375

Note: The EBIT data used here is one times the annual (Dec. 2022) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=286.361/174.042
=164.54 %

* 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.


Enterprise Group EBIT Related Terms

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Enterprise Group (XGHA:EGL) Business Description

Traded in Other Exchanges
N/A
Address
Mayor Road, Ridge West, Accra, Advantage Place, Accra, GHA, PMB 150
Enterprise Group Ltd is engaged in the business of investments, life, non-life and health insurance underwriting, pensions funds management, provision of funeral services and real estate development and management. It also underwrites insurance risks, associated with death, disability, health, property, and liability. The group is organized into six operating segments. These segments are Non-life insurance business; Life assurance business; Pension administration; Real estate; Funeral services; and Investments. The company derives its revenues from Life assurance business.