Coronation Fund Managers (JSE:CML) EBIT: R2,243 Mil (TTM As of Mar. 2026)


JSE:CML Coronation Fund Managers Ltd JSE:CML
76 GF Score
Price R39.87
GF Value R42.09
Valuation Fairly Valued
! 5 Warning Signs
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What is Coronation Fund Managers EBIT?

Coronation Fund Managers JSE:CML +1.58% 76 EBIT is R2,243 Mil as of Mar. 2026. GuruFocus rates JSE:CML with a GF Score™ of 76/100 and a GF Value™ of R42.09 (Fairly Valued). The stock has 5 warning signs investors should review.

Coronation Fund Managers's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was R1,012 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R2,243 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Coronation Fund Managers's annualized ROC % for the quarter that ended in Mar. 2026 was 0.71%. Coronation Fund Managers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,301.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Coronation Fund Managers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.55%.


Coronation Fund Managers  (JSE:CML) EBIT Explanation

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

Coronation Fund Managers'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 )
=1704 * ( 1 - 20.45% )/( (192845 + 190666)/ 2 )
=1355.532/191755.5
=0.71 %

where

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:

Coronation Fund Managers'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 )
=2024/( ( (160 + max(-95152, 0)) + (151 + max(-93677, 0)) )/ 2 )
=2024/( ( 160 + 151 )/ 2 )
=2024/155.5
=1,301.61 %

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)
=(761 + 0 + 0) - (1075 + 0 + 94838)
=-95152

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(727 + 0 + 29) - (558 + 0 + 93875)
=-93677

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:

Coronation Fund Managers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2243/13552.245
=16.55 %

* 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.


Coronation Fund Managers EBIT Related Terms


Coronation Fund Managers EBIT Historical Data

* Premium members only.

The historical data trend for Coronation Fund Managers'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.

Coronation Fund Managers EBIT Chart

Coronation Fund Managers 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 2,343.00 1,752.00 1,747.00 2,156.00 2,229.00

Coronation Fund Managers 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 976.00 1,180.00 998.00 1,231.00 1,012.00

JSE:CML vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Coronation Fund Managers'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.


Coronation Fund Managers EV-to-EBIT vs Asset Management Industry

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

* The bar in red indicates where Coronation Fund Managers's EV-to-EBIT falls into.


JSE:CML
76GF Score
Coronation Fund Managers Ltd JSE:CML
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Coronation Fund Managers 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 R2,243 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 R2,243 Mil mean?
Coronation Fund Managers (JSE:CML) has a EBIT of R2,243 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Coronation Fund Managers.
Is Coronation Fund Managers' EBIT too high?
Coronation Fund Managers' current EBIT is R2,243 Mil. Overall, Coronation Fund Managers has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coronation Fund Managers' EBIT compare to BLK and BX?
Coronation Fund Managers' EBIT of R2,243 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 Coronation Fund Managers. Coronation Fund Managers's current EBIT is R2,243 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coronation Fund Managers stock overvalued right now?
Based on GuruFocus' analysis, Coronation Fund Managers (JSE:CML) is currently considered Fairly Valued. The stock's GF Value™ is R42.09, compared to a current price of R39.87 — trading 5.3% below its estimated fair value. The current EBIT is R2,243 Mil. Coronation Fund Managers' overall GF Score™ is 76/100 with 5 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 Coronation Fund Managers (JSE:CML), the current EBIT is R2,243 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 Coronation Fund Managers (JSE:CML) Overvalued in 2026?

Based on GuruFocus' analysis, Coronation Fund Managers stock appears to be undervalued. The current stock price of R39.87 is trading 5.3% below its estimated GF Value™ of R42.09. GuruFocus considers Coronation Fund Managers to be Fairly Valued.

Key valuation signals for JSE:CML:

  • EBIT: R2,243 Mil
  • GF Value™: R42.09 vs. price of R39.87 (5.3% below fair value)
  • GF Score™: 76/100 with 5 warning signs

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


Coronation Fund Managers Business Description

Address Cnr Campground and Main Roads, 7th Floor, MontClare Place, Claremont, Cape Town, WC, ZAF, 7708
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.
76GF Score

Get the complete analysis for JSE:CML

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

R39.87
Price
R42.09
GF Value