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Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.
Wilson Bayly Holmes-Ovcon (JSE:WBO) Cash Flow from Operations Explanation
For companies reported in indirect method, cash flow from operations contains six items:
1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.
Wilson Bayly Holmes-Ovcon's net income from continuing operations for the
six
months ended in Jun. 2026 was R697 Mil.
2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets
Wilson Bayly Holmes-Ovcon's depreciation, depletion and amortization for the
six
months ended in Jun. 2026 was R185 Mil.
3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.
Wilson Bayly Holmes-Ovcon's change in working capital for the
six
months ended in Jun. 2026 was R-556 Mil. It means Wilson Bayly Holmes-Ovcon's working capital
declined by R556 Mil
from Dec. 2025 to Jun. 2026 .
4. Deferred Tax:
It is the cash flow generated from deferred tax.
Wilson Bayly Holmes-Ovcon's cash flow from deferred tax for the
six
months ended in Jun. 2026 was R0 Mil.
Wilson Bayly Holmes-Ovcon's cash from discontinued operating Activities for the
six
months ended in Jun. 2026 was R Mil.
6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.
Wilson Bayly Holmes-Ovcon's asset impairment charge for the
six
months ended in Jun. 2026 was R Mil.
7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.
Wilson Bayly Holmes-Ovcon's stock based compensation for the
six
months ended in Jun. 2026 was R66 Mil.
8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).
Wilson Bayly Holmes-Ovcon's cash flow from others for the
six
months ended in Jun. 2026 was R-34 Mil.
Wilson Bayly Holmes-Ovcon Cash Flow from Operations Related Terms
Wilson Bayly Holmes-Ovcon Cash Flow from Operations Historical Data
* Premium members only.
The historical data trend for Wilson Bayly Holmes-Ovcon's Cash Flow from Operations 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.
Wilson Bayly Holmes-Ovcon Cash Flow from Operations Chart
Wilson Bayly Holmes-Ovcon Cash Flow from Operations Calculation
Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.
Wilson Bayly Holmes-Ovcon's Cash Flow from Operations for the fiscal year that ended in Jun. 2026 is calculated as:
Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,237 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.
What does a Cash Flow from Operations of R1,237 Mil mean?
Wilson Bayly Holmes-Ovcon (JSE:WBO) has a Cash Flow from Operations of R1,237 Mil as of Jun. 2026. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for Wilson Bayly Holmes-Ovcon and its competitors.
Is Wilson Bayly Holmes-Ovcon's Cash Flow from Operations too high?
Wilson Bayly Holmes-Ovcon's current Cash Flow from Operations is R1,237 Mil. Overall, Wilson Bayly Holmes-Ovcon has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wilson Bayly Holmes-Ovcon's Cash Flow from Operations compare to PWR and FIX?
Wilson Bayly Holmes-Ovcon's Cash Flow from Operations of R1,237 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Operations for a Construction company?
A good Cash Flow from Operations depends on the Construction industry context. However, Cash Flow from Operations should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Operations mean?
A high Cash Flow from Operations can signal that a stock is expensive relative to its fundamentals. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for Wilson Bayly Holmes-Ovcon and its competitors. Wilson Bayly Holmes-Ovcon's current Cash Flow from Operations is R1,237 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wilson Bayly Holmes-Ovcon stock overvalued right now?
Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon (JSE:WBO) is currently considered Modestly Undervalued. The stock's GF Value™ is R169.42, compared to a current price of R139.52 — trading 17.6% below its estimated fair value. The current Cash Flow from Operations is R1,237 Mil. Wilson Bayly Holmes-Ovcon's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Operations calculated?
Cash Flow from Operations is calculated from a company's financial statements. For Wilson Bayly Holmes-Ovcon (JSE:WBO), the current Cash Flow from Operations is R1,237 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wilson Bayly Holmes-Ovcon (JSE:WBO) Overvalued in 2026?
Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon stock appears to be undervalued.
The current stock price of R139.52 is trading 17.6% below its estimated GF Value™ of R169.42.
GuruFocus considers Wilson Bayly Holmes-Ovcon to be Modestly Undervalued.
Key valuation signals for JSE:WBO:
Cash Flow from Operations: R1,237 Mil
GF Value™: R169.42 vs. price of R139.52 (17.6% below fair value)
No single metric tells the full story. See the JSE:WBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wilson Bayly Holmes-Ovcon Ltd is a South Africa-based construction company. The company's business activities encompass designing, construction, and procurement, as well as civil engineering, works for large-scale public and private projects, roads and earthworks projects, and turnkey projects. The company also provides construction materials, real estate development, and other services. Its customers predominantly come from the retail, residential, hotel and entertainment, infrastructure, mining, energy, and oil and gas sectors. Its segment include: Building and civil Engineering, Roads and earthworks, Property developments, Construction materials, and United Kingdom. It operates in South Africa, United Kingdom and Rest of Africa, of which maximum revenue is generated from South Africa.
88GF Score
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