Advtech (JSE:ADH) EBIT: R2,042 Mil (TTM As of Dec. 2025)


JSE:ADH Advtech Ltd JSE:ADH
81 GF Score
Price R44.23
GF Value R35.42
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Advtech EBIT?

Advtech JSE:ADH +1.68% 81 EBIT is R2,042 Mil as of Dec. 2025. GuruFocus rates JSE:ADH with a GF Score™ of 81/100 and a GF Value™ of R35.42 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Advtech's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was R1,046 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was R2,042 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Advtech's annualized ROC % for the quarter that ended in Dec. 2025 was 0.00%. Advtech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Advtech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 7.65%.


Advtech  (JSE:ADH) EBIT Explanation

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

Advtech's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=0 * ( 1 - 27.53% )/( (12337.6 + 12791.2)/ 2 )
=0/12564.4
=0.00 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Advtech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2092.2/( ( (7878 + max(-1762.6, 0)) + (8523.2 + max(-748, 0)) )/ 2 )
=2092.2/( ( 7878 + 8523.2 )/ 2 )
=2092.2/8200.6
=25.51 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(538.4 + 7.7 + 139.8) - (670.5 + 0 + 1778)
=-1762.6

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(430.8 + 6.5 + 142.9) - (699.7 + 0 + 628.5)
=-748

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=2041.7/26687.588
=7.65 %

* 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.


Advtech EBIT Related Terms


Advtech EBIT Historical Data

* Premium members only.

The historical data trend for Advtech'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.

Advtech EBIT Chart

Advtech Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,125.60 1,347.00 1,590.10 1,811.50 2,041.70

Advtech Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 827.60 886.20 925.30 995.60 1,046.10

JSE:ADH vs EDU, TAL, GHC: EBIT Comparison

For the Education & Training Services subindustry, Advtech'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.


Advtech EV-to-EBIT vs Education Industry

For the Education industry and Consumer Defensive sector, Advtech's EV-to-EBIT distribution charts can be found below:

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


JSE:ADH
81GF Score
Advtech Ltd JSE:ADH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advtech 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R2,042 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 R2,042 Mil mean?
Advtech (JSE:ADH) has a EBIT of R2,042 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Advtech.
Is Advtech's EBIT too high?
Advtech's current EBIT is R2,042 Mil. Overall, Advtech has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advtech's EBIT compare to EDU and TAL?
Advtech's EBIT of R2,042 Mil can be compared against companies in the Education 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 an Education company?
A good EBIT depends on the Education 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 Advtech. Advtech's current EBIT is R2,042 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advtech stock overvalued right now?
Based on GuruFocus' analysis, Advtech (JSE:ADH) is currently considered Modestly Overvalued. The stock's GF Value™ is R35.42, compared to a current price of R44.23 — trading 24.9% above its estimated fair value. The current EBIT is R2,042 Mil. Advtech's overall GF Score™ is 81/100 with 4 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 Advtech (JSE:ADH), the current EBIT is R2,042 Mil as of Dec. 2025. 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 Advtech (JSE:ADH) Overvalued in 2026?

Based on GuruFocus' analysis, Advtech stock appears to be overvalued. The current stock price of R44.23 is trading 24.9% above its estimated GF Value™ of R35.42. GuruFocus considers Advtech to be Modestly Overvalued.

Key valuation signals for JSE:ADH:

  • EBIT: R2,042 Mil
  • GF Value™: R35.42 vs. price of R44.23 (24.9% above fair value)
  • GF Score™: 81/100 with 4 warning signs

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


Advtech Business Description

Address 54 Wierda Road West, ADvTECH House, Inanda Greens Office Park, Building 7, Wierda Valley, Sandton, Johannesburg, GT, ZAF, 2196
Advtech Ltd is a South Africa-based company engaged in education and training services. The company has three primary business segments, Schools, Tertiary, and Resourcing. The Schools segment offers pre-primary, primary, and secondary educations services. The Tertiary segment provides diploma, degree, and post-graduate services. The Resourcing segment provides permanent, temporary, and contract staffing solutions. These staffing positions are in several areas such as information technology, network finance, accounting and finance, engineering, and advertising.
81GF Score

Get the complete analysis for JSE:ADH

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

R44.23
Price
R35.42
GF Value