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CAles Holdings (JSE:CAA) EBIT : R815 Mil (TTM As of Dec. 2023)


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What is CAles Holdings EBIT?

CAles Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was R407 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R815 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CAles Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 16.00%. CAles Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 44.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CAles Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.69%.


CAles Holdings EBIT Historical Data

The historical data trend for CAles Holdings'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.

CAles Holdings EBIT Chart

CAles Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 343.97 363.67 413.44 551.66 814.54

CAles Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 260.31 227.87 323.80 407.33 407.21

Competitive Comparison of CAles Holdings's EBIT

For the Specialty Business Services subindustry, CAles Holdings'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.


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

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

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



CAles Holdings 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R815 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.


CAles Holdings  (JSE:CAA) EBIT Explanation

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

CAles Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=530.612 * ( 1 - 18.9% )/( (2392.51 + 2987.712)/ 2 )
=430.326332/2690.111
=16.00 %

where

Invested Capital(Q: Jun. 2023 )
=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))
=4546.971 - 1295.784 - ( 858.677 - max(0, 1777.546 - 3202.791+858.677))
=2392.51

Invested Capital(Q: Dec. 2023 )
=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))
=5152.562 - 1102.868 - ( 1061.982 - max(0, 2083.969 - 3791.682+1061.982))
=2987.712

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

CAles Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=814.416/( ( (771.109 + max(911.941, 0)) + (770.727 + max(1178.772, 0)) )/ 2 )
=814.416/( ( 1683.05 + 1949.499 )/ 2 )
=814.416/1816.2745
=44.84 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1570.454 + 765.05 + 8.6100000000001) - (1295.784 + 0 + 136.389)
=911.941

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1535.767 + 990.804 + 169.334) - (1102.868 + 0 + 414.265)
=1178.772

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=814.539/5544.145
=14.69 %

* 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.


CAles Holdings EBIT Related Terms

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CAles Holdings (JSE:CAA) Business Description

Traded in Other Exchanges
Address
254 Hall Street, 1st Floor, Building C, Westend Office Park, Centurion, GT, ZAF, 0157
CA Sales Holdings Ltd operates within the Fast-Moving Consumer Goods industry and delivers services to blue chip manufacturers. The services include warehousing and distribution, retail execution and advisory, retail support, training, and technology and data solutions. The company's geographical presence across Southern Africa operating in Botswana, Eswatini, Lesotho, Mauritius, Namibia, South Africa, Zambia and Zimbabwe. It generates maximum revenue from Botswana region.

CAles Holdings (JSE:CAA) Headlines

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