Hosken Consolidated Investments (JSE:HCI) EBIT : R8,102 Mil (TTM As of Sep. 2023)

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What is Hosken Consolidated Investments EBIT?

Hosken Consolidated Investments's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was R2,855 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was R8,102 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hosken Consolidated Investments's annualized ROC % for the quarter that ended in Sep. 2023 was 7.27%. Hosken Consolidated Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 32.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hosken Consolidated Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 29.43%.

Hosken Consolidated Investments EBIT Historical Data

The historical data trend for Hosken Consolidated Investments'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.

* Premium members only.

Hosken Consolidated Investments EBIT Chart

Hosken Consolidated Investments Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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4,580.84

-4,972.26

2,711.76

5,062.74

7,739.61

Hosken Consolidated Investments Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial															1,499.92	3,562.82	2,493.30	5,246.32	2,855.39

Competitive Comparison of Hosken Consolidated Investments's EBIT

For the Conglomerates subindustry, Hosken Consolidated Investments'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.

Hosken Consolidated Investments's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hosken Consolidated Investments's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hosken Consolidated Investments's EV-to-EBIT falls into.

Hosken Consolidated Investments 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R8,102 Mil.

Hosken Consolidated Investments (JSE:HCI) EBIT Explanation

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

Hosken Consolidated Investments's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	4775.21 * ( 1 - 25.67% )	/	( (47951.633	+	49714.597)	/ 2 )
=	3549.413593	/	48833.115
=	7.27 %

where

	Invested Capital		(Q: Mar. 2023 )
=	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	))
=	51862.923	-	1819.412	-	( 2091.878	-	max(0, 3912.36	-	6195.947	+	2091.878	))
=	47951.633

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	54045.68	-	2719.58	-	( 2102.839	-	max(0, 5013.386	-	6624.889	+	2102.839	))
=	49714.597

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Hosken Consolidated Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	5710.776	/	( ( (16649.722 + max(749.247, 0))	+	(16761.185 + max(1378.707, 0)) )	/	2 )
=	5710.776	/	( ( 17398.969	+	18139.892 )	/	2 )
=	5710.776	/	17769.4305
=	32.14 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1221.237	+	1020.986	+	1398.952)	-	(1819.412	+	0	+	1072.516)
=	749.247

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2208.837	+	907.056	+	1406.157)	-	(2719.58	+	0	+	423.763)
=	1378.707

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

Hosken Consolidated Investments's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	8101.703	/	27525.874
	=	29.43 %

Hosken Consolidated Investments EBIT Related Terms

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Hosken Consolidated Investments (JSE:HCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hosken Consolidated Investments Ltd (JSE:HCI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

76 Regent Road, Suite 801, Sea Point, Cape Town, WC, ZAF, 8005

Website

https://www.hci.co.za

Hosken Consolidated Investments Ltd is an investment holdings company. The group is involved in a diverse group of investments including Media and broadcasting; Gaming; Transport; Properties; Coal mining; Branded products and manufacturing and other. It generates maximum revenue from the Branded products and manufacturing segment.