Vodacom Group (FRA:5VD) EBIT: €2,292 Mil (TTM As of Mar. 2026)


FRA:5VD Vodacom Group Ltd FRA:5VD
93 GF Score
Price €7.55
GF Value €7.43
Valuation Fairly Valued
! 5 Warning Signs
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What is Vodacom Group EBIT?

Vodacom Group FRA:5VD -0.66% 93 EBIT is €2,292 Mil as of Mar. 2026. GuruFocus rates FRA:5VD with a GF Score™ of 93/100 and a GF Value™ of €7.43 (Fairly Valued). The stock has 5 warning signs investors should review.

Vodacom Group's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was €1,262 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €2,292 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vodacom Group's annualized ROC % for the quarter that ended in Mar. 2026 was 16.58%. Vodacom Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 61.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vodacom Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.87%.


Vodacom Group  (FRA:5VD) EBIT Explanation

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

Vodacom Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2214.066 * ( 1 - 27.84% )/( (8891.16 + 10381.354)/ 2 )
=1597.6700256/9636.257
=16.58 %

where

Invested Capital(Q: Sep. 2025 )
=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))
=12211.99 - 2897.549 - ( 1211.806 - max(0, 3550.538 - 3973.819+1211.806))
=8891.16

Invested Capital(Q: Mar. 2026 )
=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))
=14276.007 - 3496.016 - ( 1691.897 - max(0, 4068.693 - 4467.33+1691.897))
=10381.354

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Vodacom Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2523.308/( ( (3842.244 + max(-336.738, 0)) + (4324.277 + max(-945.027, 0)) )/ 2 )
=2523.308/( ( 3842.244 + 4324.277 )/ 2 )
=2523.308/4083.2605
=61.80 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1571.671 + 122.188 + 906.068) - (2897.549 + 0 + 39.116)
=-336.738

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1548.586 + 109.071 + 941.619) - (3496.016 + 0 + 48.287)
=-945.027

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2291.523/19297.547
=11.87 %

* 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.


Vodacom Group EBIT Related Terms


Vodacom Group EBIT Historical Data

* Premium members only.

The historical data trend for Vodacom 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.

Vodacom Group EBIT Chart

Vodacom Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,747.56 1,564.06 1,771.20 1,867.16 2,349.42

Vodacom Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 890.77 862.45 1,014.16 1,029.87 1,261.65

FRA:5VD vs TMUS, VZ, T: EBIT Comparison

For the Telecom Services subindustry, Vodacom 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.


Vodacom Group EV-to-EBIT vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vodacom Group's EV-to-EBIT distribution charts can be found below:

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


FRA:5VD
93GF Score
Vodacom Group Ltd FRA:5VD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Vodacom 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.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2,292 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €2,292 Mil mean?
Vodacom Group (FRA:5VD) has a EBIT of €2,292 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vodacom Group.
Is Vodacom Group's EBIT too high?
Vodacom Group's current EBIT is €2,292 Mil. Overall, Vodacom Group has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vodacom Group's EBIT compare to TMUS and VZ?
Vodacom Group's EBIT of €2,292 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Telecommunication Services company?
A good EBIT depends on the Telecommunication Services industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vodacom Group. Vodacom Group's current EBIT is €2,292 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodacom Group stock overvalued right now?
Based on GuruFocus' analysis, Vodacom Group (FRA:5VD) is currently considered Fairly Valued. The stock's GF Value™ is €7.43, compared to a current price of €7.55 — trading 1.6% above its estimated fair value. The current EBIT is €2,292 Mil. Vodacom Group's overall GF Score™ is 93/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Vodacom Group (FRA:5VD), the current EBIT is €2,292 Mil as of Mar. 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 Vodacom Group (FRA:5VD) Overvalued in 2026?

Based on GuruFocus' analysis, Vodacom Group stock appears to be overvalued. The current stock price of €7.55 is trading 1.6% above its estimated GF Value™ of €7.43. GuruFocus considers Vodacom Group to be Fairly Valued.

Key valuation signals for FRA:5VD:

  • EBIT: €2,292 Mil
  • GF Value™: €7.43 vs. price of €7.55 (1.6% above fair value)
  • GF Score™: 93/100 with 5 warning signs

No single metric tells the full story. See the FRA:5VD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vodacom Group Business Description

Address 082 Vodacom Boulevard, Vodacom Corporate Park, Midrand, Johannesburg, GT, ZAF, 1685
Vodacom Group Ltd is a telecommunications provider. It is engaged in the provision of a wide range of communications products and services including but not limited to voice, messaging, converged services, broadband, data connectivity, mobile financial services and other value added services. Its segments includes South Africa comprises the information relating to the South African-based cellular network and other business segments. Egypt comprises the information relating to the Egyptian-based cellular network and other business segments. International comprises the segment information relating to the non-South African-based cellular networks in Tanzania, Mozambique, Lesotho and the Democratic Republic of Congo. It generates majority of revenue from South Africa.
93GF Score

Get the complete analysis for FRA:5VD

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.55
Price
€7.43
GF Value