E Media Holdings (JSE:EMN) EBIT: R437 Mil (TTM As of Mar. 2026)


JSE:EMN E Media Holdings Ltd JSE:EMN
68 GF Score
Price R1.76
GF Value R2.19
Valuation Modestly Undervalued
! 4 Warning Signs
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What is E Media Holdings EBIT?

E Media Holdings JSE:EMN -2.22% 68 EBIT is R437 Mil as of Mar. 2026. GuruFocus rates JSE:EMN with a GF Score™ of 68/100 and a GF Value™ of R2.19 (Modestly Undervalued). The stock has 4 warning signs investors should review.

E Media Holdings's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was R187 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R437 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. E Media Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was 4.83%. E Media Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. E Media Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.60%.


E Media Holdings  (JSE:EMN) EBIT Explanation

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

E Media Holdings'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 )
=344.658 * ( 1 - 25.07% )/( (5323.711 + 5367.501)/ 2 )
=258.2522394/5345.606
=4.83 %

where

Invested Capital(Q: Sep. 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))
=6187.297 - 643.509 - ( 220.077 - max(0, 704.586 - 2215.036+220.077))
=5323.711

Invested Capital(Q: Mar. 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))
=6209.85 - 676.519 - ( 165.83 - max(0, 739.618 - 2113.293+165.83))
=5367.501

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:

E Media Holdings'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 )
=374.964/( ( (1362.681 + max(1351.45, 0)) + (1362.218 + max(1270.944, 0)) )/ 2 )
=374.964/( ( 2714.131 + 2633.162 )/ 2 )
=374.964/2673.6465
=14.02 %

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)
=(661.079 + 15.755 + 1318.125) - (643.509 + 0 + 0)
=1351.45

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(573.701 + 22.601 + 1351.161) - (676.519 + 0 + 0)
=1270.944

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=437.406/1584.937
=27.60 %

* 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.


E Media Holdings EBIT Related Terms


E Media Holdings EBIT Historical Data

* Premium members only.

The historical data trend for E Media 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.

E Media Holdings EBIT Chart

E Media Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 546.22 563.72 525.85 471.89 437.41

E Media Holdings 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 319.48 235.34 236.55 249.92 187.48

JSE:EMN vs NFLX, DIS, WBD: EBIT Comparison

For the Entertainment subindustry, E Media 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.


E Media Holdings EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, E Media Holdings's EV-to-EBIT distribution charts can be found below:

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


JSE:EMN
68GF Score
E Media Holdings Ltd JSE:EMN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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E Media 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R437 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 R437 Mil mean?
E Media Holdings (JSE:EMN) has a EBIT of R437 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on E Media Holdings.
Is E Media Holdings' EBIT too high?
E Media Holdings' current EBIT is R437 Mil. Overall, E Media Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E Media Holdings' EBIT compare to NFLX and DIS?
E Media Holdings' EBIT of R437 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good EBIT depends on the Media - Diversified 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 E Media Holdings. E Media Holdings's current EBIT is R437 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E Media Holdings stock overvalued right now?
Based on GuruFocus' analysis, E Media Holdings (JSE:EMN) is currently considered Modestly Undervalued. The stock's GF Value™ is R2.19, compared to a current price of R1.76 — trading 19.6% below its estimated fair value. The current EBIT is R437 Mil. E Media Holdings' overall GF Score™ is 68/100 with 4 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 E Media Holdings (JSE:EMN), the current EBIT is R437 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 E Media Holdings (JSE:EMN) Overvalued in 2026?

Based on GuruFocus' analysis, E Media Holdings stock appears to be undervalued. The current stock price of R1.76 is trading 19.6% below its estimated GF Value™ of R2.19. GuruFocus considers E Media Holdings to be Modestly Undervalued.

Key valuation signals for JSE:EMN:

  • EBIT: R437 Mil
  • GF Value™: R2.19 vs. price of R1.76 (19.6% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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


E Media Holdings Business Description

Other Exchanges EMH:South Africa
Address 4 Albury Road, Dunkeld West, Hyde Park, Randburg, Johannesburg, GT, ZAF, 2196
E Media Holdings Ltd is a South Africa-based investment holding company. Through its subsidiaries, it is predominantly engaged in the media and entertainment business. The company product portfolio includes products and services like E.TV a free-to-air commercial television channel; eNCA, a 24-hour news channel; OpenView HD and YFM, a radio station that targets the youth market, and others. In addition, the company also provides property and facilities services, including broadcast and television studios, post-production facilities, equipment rental, and sales; as well as holds investments in the television broadcasting and content creation sectors. A majority of its revenue is earned from the South African market.
68GF Score

Get the complete analysis for JSE:EMN

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

R1.76
Price
R2.19
GF Value