Africa Bitcoin (JSE:BACA.PFD) EBIT: R24.32 Mil (TTM As of Feb. 2026)


JSE:BACA.PFD Africa Bitcoin Corp Ltd JSE:BACA.PFD
12 GF Score
Price R1.72
! 3 Warning Signs
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What is Africa Bitcoin EBIT?

Africa Bitcoin JSE:BACA.PFD 12 EBIT is R24.32 Mil as of Feb. 2026. GuruFocus rates JSE:BACA.PFD with a GF Score™ of 12/100. The stock has 3 warning signs investors should review.

Africa Bitcoin's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2026 was R-4.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was R24.32 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Africa Bitcoin's annualized ROC % for the quarter that ended in Feb. 2026 was 4.38%. Africa Bitcoin's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -3,048.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Africa Bitcoin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 20.60%.

Africa Bitcoin  (JSE:BACA.PFD) EBIT Explanation

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

Africa Bitcoin's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=23.492 * ( 1 - 33.41% )/( (315.728 + 398.967)/ 2 )
=15.6433228/357.3475
=4.38 %

where

Invested Capital(Q: Aug. 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))
=285.053 - 1.809 - ( 0.03 - max(0, 33.342 - 0.858+0.03))
=315.728

Invested Capital(Q: Feb. 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))
=347.932 - 1.457 - ( 0.111 - max(0, 55.035 - 2.543+0.111))
=398.967

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

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

Africa Bitcoin's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-8.992/( ( (0.392 + max(-1.505, 0)) + (0.198 + max(-0.765, 0)) )/ 2 )
=-8.992/( ( 0.392 + 0.198 )/ 2 )
=-8.992/0.295
=-3,048.14 %

where Working Capital is:

Working Capital(Q: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.828 + 0 + 0) - (1.809 + 0 + 0.524)
=-1.505

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.984 + 0 + 0.448) - (1.457 + 0 + 1.74)
=-0.765

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=24.318/118.066
=20.60 %

* 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.

Africa Bitcoin EBIT Related Terms

Africa Bitcoin EBIT Historical Data

* Premium members only.

The historical data trend for Africa Bitcoin'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.

Africa Bitcoin EBIT Chart

Africa Bitcoin Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
EBIT
-3.66 -36.77 63.73 61.48 24.32

Africa Bitcoin Semi-Annual Data
Feb22 Feb23 Feb24 Aug24 Feb25 Aug25 Feb26
EBIT Get a 7-Day Free Trial 0.00 -7.93 69.42 28.81 -4.50

JSE:BACA.PFD vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Africa Bitcoin'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.

Africa Bitcoin EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Africa Bitcoin's EV-to-EBIT distribution charts can be found below:

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


JSE:BACA.PFD
12GF Score
Africa Bitcoin Corp Ltd JSE:BACA.PFD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Africa Bitcoin 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 Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R24.32 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 R24.32 Mil mean?
Africa Bitcoin (JSE:BACA.PFD) has a EBIT of R24.32 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Africa Bitcoin.
Is Africa Bitcoin's EBIT too high?
Africa Bitcoin's current EBIT is R24.32 Mil. Overall, Africa Bitcoin has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Africa Bitcoin's EBIT compare to BLK and BX?
Africa Bitcoin's EBIT of R24.32 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good EBIT depends on the Asset Management 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 Africa Bitcoin. Africa Bitcoin's current EBIT is R24.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Bitcoin stock overvalued right now?
Africa Bitcoin (JSE:BACA.PFD) has a current EBIT of R24.32 Mil. The current EBIT is R24.32 Mil. Africa Bitcoin's overall GF Score™ is 12/100 with 3 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 Africa Bitcoin (JSE:BACA.PFD), the current EBIT is R24.32 Mil as of Feb. 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.

Africa Bitcoin Business Description

Address 66 Rivonia Road, Block B, Chislehurston, Sandton, GT, ZAF, 2146
Africa Bitcoin Corp Ltd is an African financial services group that provides a private credit platform with a Bitcoin treasury strategy. It provides secured lending to small and medium-sized enterprises, generating cash flows. The company combines income generation with balance sheet growth while addressing funding gaps and delivering measurable social impact.
12GF Score

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

R1.72
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