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BRRAF (Barloworld) EBIT : $208 Mil (TTM As of Sep. 2024)


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What is Barloworld EBIT?

Barloworld's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was $107 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $208 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Barloworld's annualized ROC % for the quarter that ended in Sep. 2024 was 9.69%. Barloworld's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 31.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Barloworld's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.56%.


Barloworld EBIT Historical Data

The historical data trend for Barloworld'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.

Barloworld EBIT Chart

Barloworld Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.18 2,254.63 207.63 228.41 215.23

Barloworld Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 160.58 123.28 109.72 101.29 106.74

Competitive Comparison of Barloworld's EBIT

For the Rental & Leasing Services subindustry, Barloworld'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.


Barloworld's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Barloworld's EV-to-EBIT distribution charts can be found below:

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



Barloworld 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $208 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.


Barloworld  (OTCPK:BRRAF) EBIT Explanation

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

Barloworld's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=220.066 * ( 1 - 39.99% )/( (1331.189 + 1394.73)/ 2 )
=132.0616066/1362.9595
=9.69 %

where

Invested Capital(Q: Mar. 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))
=2235.38 - 668.991 - ( 235.2 - max(0, 884.241 - 1272.615+235.2))
=1331.189

Invested Capital(Q: Sep. 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))
=2341.487 - 678.212 - ( 268.545 - max(0, 1035.476 - 1335.395+268.545))
=1394.73

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

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

Barloworld's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=213.472/( ( (481.701 + max(181.401, 0)) + (511.401 + max(198.128, 0)) )/ 2 )
=213.472/( ( 663.102 + 709.529 )/ 2 )
=213.472/686.3155
=31.10 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(293.987 + 669.044 + 26.687) - (668.991 + 0 + 139.326)
=181.401

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(239.503 + 579.319 + 161.98) - (678.212 + 0 + 104.462)
=198.128

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=208.021/1336.809
=15.56 %

* 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.


Barloworld EBIT Related Terms

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Barloworld Business Description

Traded in Other Exchanges
Address
61 Katherine Street, Sandton, Johannesburg, GT, ZAF, 2196
Barloworld Ltd is an industrial processing, distribution, and services company with two primary areas of focus: Industrial Equipment and Services and Consumer Industries (food and ingredient solutions). Industrial Equipment and related services offer earthmoving equipment, industrial services, and power systems. The Consumer Industries business provides large enterprises with the ingredients essential to the manufacturing of various products including food and beverages, paper, pharmaceuticals, building materials, and adhesives, among others. The company's business segment includes Equipments, which derives maximum revenue, Ingrain, and Others. Geographically, it derives its maximum revenue from South Africa and the rest from Australia, Russia, and Mongolia.

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