Clicks Group (JSE:CLS) EBIT: R4,956 Mil (TTM As of Feb. 2026)


JSE:CLS Clicks Group Ltd JSE:CLS
85 GF Score
Price R229.90
GF Value R384.63
Valuation Significantly Undervalued
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What is Clicks Group EBIT?

Clicks Group JSE:CLS -0.51% 85 EBIT is R4,956 Mil as of Feb. 2026. GuruFocus rates JSE:CLS with a GF Score™ of 85/100 and a GF Value™ of R384.63 (Significantly Undervalued).

Clicks Group's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2026 was R2,298 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was R4,956 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Clicks Group's annualized ROC % for the quarter that ended in Feb. 2026 was 32.57%. Clicks Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 63.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Clicks Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 8.70%.


Clicks Group  (JSE:CLS) EBIT Explanation

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

Clicks Group'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 )
=4575.458 * ( 1 - 26.8% )/( (10298.972 + 10269.655)/ 2 )
=3349.235256/10284.3135
=32.57 %

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))
=22591.916 - 10863.713 - ( 3255.77 - max(0, 12811.654 - 14240.885+3255.77))
=10298.972

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))
=23003.792 - 12012.183 - ( 1237.801 - max(0, 13688.94 - 14410.894+1237.801))
=10269.655

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:

Clicks Group'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 )
=4595.684/( ( (6772.997 + max(-1526.398, 0)) + (6930.224 + max(870.853, 0)) )/ 2 )
=4595.684/( ( 6772.997 + 7801.077 )/ 2 )
=4595.684/7287.037
=63.07 %

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)
=(1897.013 + 7818.704 + 235.385) - (10863.713 + 0 + 613.787)
=-1526.398

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4100.643 + 9033.611 + 0.18000000000029) - (12012.183 + 0 + 251.398)
=870.853

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=4956.417/56945.488
=8.70 %

* 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.


Clicks Group EBIT Related Terms


Clicks Group EBIT Historical Data

* Premium members only.

The historical data trend for Clicks Group'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.

Clicks Group EBIT Chart

Clicks Group Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,862.09 3,849.44 3,702.69 4,248.85 4,814.10

Clicks Group Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1,902.85 2,346.00 2,155.53 2,658.58 2,297.84

Clicks Group EBIT Competitor Comparison

For the Pharmaceutical Retailers subindustry, Clicks Group'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.


Clicks Group EV-to-EBIT vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Clicks Group's EV-to-EBIT distribution charts can be found below:

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


JSE:CLS
85GF Score
Clicks Group Ltd JSE:CLS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Clicks Group 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 R4,956 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 R4,956 Mil mean?
Clicks Group (JSE:CLS) has a EBIT of R4,956 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Clicks Group.
Is Clicks Group's EBIT too high?
Clicks Group's current EBIT is R4,956 Mil. Overall, Clicks Group has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clicks Group's EBIT compare to competitors?
Clicks Group's EBIT of R4,956 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good EBIT depends on the Healthcare Providers & Services 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 Clicks Group. Clicks Group's current EBIT is R4,956 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clicks Group stock overvalued right now?
Based on GuruFocus' analysis, Clicks Group (JSE:CLS) is currently considered Significantly Undervalued. The stock's GF Value™ is R384.63, compared to a current price of R229.90 — trading 40.2% below its estimated fair value. The current EBIT is R4,956 Mil. Clicks Group's overall GF Score™ is 85/100. 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 Clicks Group (JSE:CLS), the current EBIT is R4,956 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.

Is Clicks Group (JSE:CLS) Overvalued in 2026?

Based on GuruFocus' analysis, Clicks Group stock appears to be undervalued. The current stock price of R229.90 is trading 40.2% below its estimated GF Value™ of R384.63. GuruFocus considers Clicks Group to be Significantly Undervalued.

Key valuation signals for JSE:CLS:

  • EBIT: R4,956 Mil
  • GF Value™: R384.63 vs. price of R229.90 (40.2% below fair value)
  • GF Score™: 85/100

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


Clicks Group Business Description

Address Cnr Searle and Pontac Streets, PO Box 5142, Cape Town, ZAF, 8001
Clicks Group Ltd operates prominently in health, beauty, and wellness retail across southern Africa. The company predominantly operates a retail pharmacy chain in South Africa, with a limited number of operations in bordering countries. The company has a portfolio of retail franchise brands including The Body Shop, M-Kem, and Sorbet among others. The company's business segments include Retail and Distribution. The company generates revenue from in-store and online sales of health, beauty, and wellness items, plus wholesale pharmaceutical distribution. Geographically, the maximum revenue is generated from South Africa.
85GF Score

Get the complete analysis for JSE:CLS

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

R229.90
Price
R384.63
GF Value