Goldrush Holdings (JSE:GRSP) EBIT: R144 Mil (TTM As of Sep. 2025)


JSE:GRSP Goldrush Holdings Ltd JSE:GRSP
66 GF Score
Price R6.15
GF Value R1,176.62
Valuation Possible Value Trap
! 3 Warning Signs
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What is Goldrush Holdings EBIT?

Goldrush Holdings JSE:GRSP +3.19% 66 EBIT is R144 Mil as of Sep. 2025. GuruFocus rates JSE:GRSP with a GF Score™ of 66/100 and a GF Value™ of R1,176.62 (Possible Value Trap). The stock has 3 warning signs investors should review.

Goldrush Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was R106 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was R144 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Goldrush Holdings's annualized ROC % for the quarter that ended in Sep. 2025 was 3.43%. Goldrush Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 27.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Goldrush Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 11.07%.


Goldrush Holdings  (JSE:GRSP) EBIT Explanation

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

Goldrush Holdings's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=204.148 * ( 1 - 43.44% )/( (3337.348 + 3400.647)/ 2 )
=115.4661088/3368.9975
=3.43 %

where

Invested Capital(Q: Mar. 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))
=3297.234 - 166.579 - ( 76.34 - max(0, 404.05 - 197.357+76.34))
=3337.348

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))
=3379.511 - 169.488 - ( 61.411 - max(0, 464.155 - 273.531+61.411))
=3400.647

Note: The Operating Income data used here is two times the semi-annual (Sep. 2025) data.

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

Goldrush Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=212.044/( ( (775.734 + max(-304.39, 0)) + (779.193 + max(-355.191, 0)) )/ 2 )
=212.044/( ( 775.734 + 779.193 )/ 2 )
=212.044/777.4635
=27.27 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.973 + 3.766 + 29.887) - (166.579 + 0 + 182.437)
=-304.39

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.331 + 1.824 + 27.529) - (169.488 + 0 + 239.387)
=-355.191

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=144.333/1303.709
=11.07 %

* 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.


Goldrush Holdings EBIT Related Terms


Goldrush Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Goldrush 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.

Goldrush Holdings EBIT Chart

Goldrush Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.43 20.29 0.09 142.01

Goldrush Holdings Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.73 -0.64 103.70 38.31 106.02

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

For the Asset Management subindustry, Goldrush 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.


Goldrush Holdings EV-to-EBIT vs Asset Management Industry

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

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


JSE:GRSP
66GF Score
Goldrush Holdings Ltd JSE:GRSP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Goldrush 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R144 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 R144 Mil mean?
Goldrush Holdings (JSE:GRSP) has a EBIT of R144 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Goldrush Holdings.
Is Goldrush Holdings' EBIT too high?
Goldrush Holdings' current EBIT is R144 Mil. Overall, Goldrush Holdings has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Goldrush Holdings' EBIT compare to BLK and BX?
Goldrush Holdings' EBIT of R144 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 Goldrush Holdings. Goldrush Holdings's current EBIT is R144 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldrush Holdings stock overvalued right now?
Based on GuruFocus' analysis, Goldrush Holdings (JSE:GRSP) is currently considered Possible Value Trap. The stock's GF Value™ is R1,176.62, compared to a current price of R6.15 — trading 99.5% below its estimated fair value. The current EBIT is R144 Mil. Goldrush Holdings' overall GF Score™ is 66/100 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 Goldrush Holdings (JSE:GRSP), the current EBIT is R144 Mil as of Sep. 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 Goldrush Holdings (JSE:GRSP) Overvalued in 2026?

Based on GuruFocus' analysis, Goldrush Holdings stock appears to be undervalued. The current stock price of R6.15 is trading 99.5% below its estimated GF Value™ of R1,176.62. GuruFocus considers Goldrush Holdings to be Possible Value Trap.

Key valuation signals for JSE:GRSP:

  • EBIT: R144 Mil
  • GF Value™: R1,176.62 vs. price of R6.15 (99.5% below fair value)
  • GF Score™: 66/100 with 3 warning signs

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


Goldrush Holdings Business Description

Address 50 Bree Street, 1st Floor, The Barracks, Cape Town, WC, ZAF, 8001
Goldrush Holdings Ltd is a closed-end investment company making long-term investments. Its investment objective is to make long-term investments for generating high real returns from capital appreciation, and investment income. It operates principally in South Africa. The company's revenue source is from dividends and interests.
66GF Score

Get the complete analysis for JSE:GRSP

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

R6.15
Price
R1,176.62
GF Value