Choppies Enterprises (JSE:CHP) EBIT: R338 Mil (TTM As of Dec. 2025)


JSE:CHP Choppies Enterprises Ltd JSE:CHP
41 GF Score
Price R1.40
GF Value R0.83
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Choppies Enterprises EBIT?

Choppies Enterprises JSE:CHP 41 EBIT is R338 Mil as of Dec. 2025. GuruFocus rates JSE:CHP with a GF Score™ of 41/100 and a GF Value™ of R0.83 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Choppies Enterprises's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was R183 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was R338 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Choppies Enterprises's annualized ROC % for the quarter that ended in Dec. 2025 was 8.50%. Choppies Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 18.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Choppies Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 9.29%.


Choppies Enterprises  (JSE:CHP) EBIT Explanation

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

Choppies Enterprises'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 )
=316.23 * ( 1 - 22.22% )/( (2954.701 + 2835.21)/ 2 )
=245.963694/2894.9555
=8.50 %

where

Invested Capital(Q: Jun. 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))
=3542.504 - 1593.222 - ( 205.188 - max(0, 2318.62 - 1313.201+205.188))
=2954.701

Invested Capital(Q: Dec. 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))
=3724.759 - 1902.21 - ( 144.838 - max(0, 2403.109 - 1390.448+144.838))
=2835.21

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:

Choppies Enterprises'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 )
=366.924/( ( (1955.318 + max(-774.885, 0)) + (2108.605 + max(-656.6, 0)) )/ 2 )
=366.924/( ( 1955.318 + 2108.605 )/ 2 )
=366.924/2031.9615
=18.06 %

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)
=(24.14 + 777.299 + 135.182) - (1593.222 + 0 + 118.284)
=-774.885

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(329.507 + 908.861 + 7.2420000000002) - (1902.21 + 0 + 0)
=-656.6

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=337.956/3639.681
=9.29 %

* 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.


Choppies Enterprises EBIT Related Terms


Choppies Enterprises EBIT Historical Data

* Premium members only.

The historical data trend for Choppies Enterprises'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.

Choppies Enterprises EBIT Chart

Choppies Enterprises Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 272.78 336.75 330.71 409.17 385.03

Choppies Enterprises 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 216.05 193.12 230.53 154.49 183.46

JSE:CHP vs KR, SFM: EBIT Comparison

For the Grocery Stores subindustry, Choppies Enterprises'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.


Choppies Enterprises EV-to-EBIT vs Retail - Defensive Industry

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

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


JSE:CHP
41GF Score
Choppies Enterprises Ltd JSE:CHP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Choppies Enterprises 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 R338 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 R338 Mil mean?
Choppies Enterprises (JSE:CHP) has a EBIT of R338 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Choppies Enterprises.
Is Choppies Enterprises' EBIT too high?
Choppies Enterprises' current EBIT is R338 Mil. Overall, Choppies Enterprises has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Choppies Enterprises' EBIT compare to KR and SFM?
Choppies Enterprises' EBIT of R338 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good EBIT depends on the Retail - Defensive 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 Choppies Enterprises. Choppies Enterprises's current EBIT is R338 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choppies Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Choppies Enterprises (JSE:CHP) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.83, compared to a current price of R1.40 — trading 68.7% above its estimated fair value. The current EBIT is R338 Mil. Choppies Enterprises' overall GF Score™ is 41/100 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 Choppies Enterprises (JSE:CHP), the current EBIT is R338 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 Choppies Enterprises (JSE:CHP) Overvalued in 2026?

Based on GuruFocus' analysis, Choppies Enterprises stock appears to be overvalued. The current stock price of R1.40 is trading 68.7% above its estimated GF Value™ of R0.83. GuruFocus considers Choppies Enterprises to be Significantly Overvalued.

Key valuation signals for JSE:CHP:

  • EBIT: R338 Mil
  • GF Value™: R0.83 vs. price of R1.40 (68.7% above fair value)
  • GF Score™: 41/100 with 3 warning signs

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


Choppies Enterprises Business Description

Other Exchanges CHOPPIES:Botswana
Address Plot 169, Gaborone International Commerce Park, Gaborone, BWA, 00278
Choppies Enterprises Ltd operates a supermarket chain in Botswana. The company's supermarkets offer international food brands, fast-moving consumer goods products, and Choppies private label products. Its product offerings include groceries, fresh fruit and vegetables, bakery goods, butchery items, takeaways, and value-added financial services. The company's segments include Botswana, Zambia, Zimbabwe, Kamoso Liquor, Rest of Kamoso, and Namibia, with the majority of its revenue derived from Botswana.
41GF Score

Get the complete analysis for JSE:CHP

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

R1.40
Price
R0.83
GF Value