Astral Foods (JSE:ARL) EBIT: R2,222 Mil (TTM As of Mar. 2026)


JSE:ARL Astral Foods Ltd JSE:ARL
84 GF Score
Price R233.05
GF Value R203.22
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Astral Foods EBIT?

Astral Foods JSE:ARL +0.68% 84 EBIT is R2,222 Mil as of Mar. 2026. GuruFocus rates JSE:ARL with a GF Score™ of 84/100 and a GF Value™ of R203.22 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Astral Foods's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was R1,246 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R2,222 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Astral Foods's annualized ROC % for the quarter that ended in Mar. 2026 was 26.76%. Astral Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 43.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Astral Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.36%.


Astral Foods  (JSE:ARL) EBIT Explanation

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

Astral Foods'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 )
=2359.224 * ( 1 - 27.16% )/( (6262.39 + 6582.144)/ 2 )
=1718.4587616/6422.267
=26.76 %

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))
=9325.822 - 2022.902 - ( 1040.53 - max(0, 2701.898 - 5650.394+1040.53))
=6262.39

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))
=9893.619 - 2159.169 - ( 1152.306 - max(0, 2719.385 - 6155.651+1152.306))
=6582.144

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:

Astral Foods'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 )
=2492.464/( ( (3521.25 + max(1996.201, 0)) + (3585.079 + max(2404.248, 0)) )/ 2 )
=2492.464/( ( 5517.451 + 5989.327 )/ 2 )
=2492.464/5753.389
=43.32 %

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)
=(2014.961 + 2426.056 + 140.356) - (2022.902 + 0 + 562.27)
=1996.201

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2330.028 + 2670.23 + 3.0869999999995) - (2159.169 + 0 + 439.928)
=2404.248

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2221.805/8119.243
=27.36 %

* 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.


Astral Foods EBIT Related Terms


Astral Foods EBIT Historical Data

* Premium members only.

The historical data trend for Astral Foods'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.

Astral Foods EBIT Chart

Astral Foods Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 721.09 1,465.41 -594.23 1,159.31 1,255.71

Astral Foods 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 571.90 587.41 280.13 975.57 1,246.23

JSE:ARL vs ADM, BG, TSN: EBIT Comparison

For the Farm Products subindustry, Astral Foods'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.


Astral Foods EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astral Foods's EV-to-EBIT distribution charts can be found below:

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


JSE:ARL
84GF Score
Astral Foods Ltd JSE:ARL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Astral Foods 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 R2,222 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 R2,222 Mil mean?
Astral Foods (JSE:ARL) has a EBIT of R2,222 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Astral Foods.
Is Astral Foods' EBIT too high?
Astral Foods' current EBIT is R2,222 Mil. Overall, Astral Foods has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astral Foods' EBIT compare to ADM and BG?
Astral Foods' EBIT of R2,222 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 Astral Foods. Astral Foods's current EBIT is R2,222 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astral Foods stock overvalued right now?
Based on GuruFocus' analysis, Astral Foods (JSE:ARL) is currently considered Modestly Overvalued. The stock's GF Value™ is R203.22, compared to a current price of R233.05 — trading 14.7% above its estimated fair value. The current EBIT is R2,222 Mil. Astral Foods' overall GF Score™ is 84/100 with 1 warning sign 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 Astral Foods (JSE:ARL), the current EBIT is R2,222 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 Astral Foods (JSE:ARL) Overvalued in 2026?

Based on GuruFocus' analysis, Astral Foods stock appears to be overvalued. The current stock price of R233.05 is trading 14.7% above its estimated GF Value™ of R203.22. GuruFocus considers Astral Foods to be Modestly Overvalued.

Key valuation signals for JSE:ARL:

  • EBIT: R2,222 Mil
  • GF Value™: R203.22 vs. price of R233.05 (14.7% above fair value)
  • GF Score™: 84/100 with 1 warning sign

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


Astral Foods Business Description

Address 13 Thunderbolt Lane, Lanseria Corporate Estate, Lanseria Ext 26, Lanseria, GT, ZAF, 1748
Astral Foods Ltd is an integrated poultry producer operating under several brands. It supplies different poultry needs in Africa. The activities are divided into two operating segments. The poultry segment comprises the sale of poultry-related products for human consumption as well as day-old broilers, hatching eggs, and day-old parent stock. The Feed segment comprises the sale of a wide range of specialized feed products for commercially farmed animal species. The majority of revenue is generated from the poultry segment. The company has multiple processing facilities to get the poultry to ready-to-eat form and manufacture vitamin and mineral feed additives.
84GF Score

Get the complete analysis for JSE:ARL

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

R233.05
Price
R203.22
GF Value