Hudaco Industries (JSE:HDC) EBIT: R936 Mil (TTM As of Nov. 2025)


JSE:HDC Hudaco Industries Ltd JSE:HDC
91 GF Score
Price R188.52
GF Value R189.20
Valuation Fairly Valued
! 1 Warning Sign
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What is Hudaco Industries EBIT?

Hudaco Industries JSE:HDC -3.26% 91 EBIT is R936 Mil as of Nov. 2025. GuruFocus rates JSE:HDC with a GF Score™ of 91/100 and a GF Value™ of R189.20 (Fairly Valued). The stock has 1 warning sign investors should review.

Hudaco Industries's earnings before interest and taxes (EBIT) for the six months ended in Nov. 2025 was R532 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2025 was R936 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hudaco Industries's annualized ROC % for the quarter that ended in Nov. 2025 was 17.40%. Hudaco Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was 29.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hudaco Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was 14.24%.

Hudaco Industries  (JSE:HDC) EBIT Explanation

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

Hudaco Industries's annualized ROC % for the quarter that ended in Nov. 2025 is calculated as:

ROC % (Q: Nov. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2025 ) + Invested Capital (Q: Nov. 2025 ))/ count )
=1346.47 * ( 1 - 31.43% )/( (5423 + 5186.596)/ 2 )
=923.274479/5304.798
=17.40 %

where

Invested Capital(Q: May. 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))
=6908 - 1287 - ( 198 - max(0, 1590 - 4352+198))
=5423

Invested Capital(Q: Nov. 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))
=6727.253 - 1188.183 - ( 352.474 - max(0, 1695.274 - 4438.81+352.474))
=5186.596

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

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

Hudaco Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2025  Q: Nov. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1064.124/( ( (761 + max(2867, 0)) + (826.116 + max(2653.123, 0)) )/ 2 )
=1064.124/( ( 3628 + 3479.239 )/ 2 )
=1064.124/3553.6195
=29.94 %

where Working Capital is:

Working Capital(Q: May. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1324 + 2806 + 24) - (1287 + 0 + 0)
=2867

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1304.369 + 2638.297 + 76.375) - (1188.183 + 0 + 177.735)
=2653.123

When net working capital is negative, 0 is used.

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

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

Hudaco Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2025 )
=936.062/6575.591
=14.24 %

* 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.

Hudaco Industries EBIT Related Terms

Hudaco Industries EBIT Historical Data

* Premium members only.

The historical data trend for Hudaco Industries'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.

Hudaco Industries EBIT Chart

Hudaco Industries Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 799.77 960.66 952.23 803.16 936.06

Hudaco Industries Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 537.23 343.00 460.16 404.00 532.06

JSE:HDC vs GWW, FAST, FERG: EBIT Comparison

For the Industrial Distribution subindustry, Hudaco Industries'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.

Hudaco Industries EV-to-EBIT vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hudaco Industries's EV-to-EBIT distribution charts can be found below:

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


JSE:HDC
91GF Score
Hudaco Industries Ltd JSE:HDC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hudaco Industries 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 Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R936 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 R936 Mil mean?
Hudaco Industries (JSE:HDC) has a EBIT of R936 Mil as of Nov. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hudaco Industries.
Is Hudaco Industries' EBIT too high?
Hudaco Industries' current EBIT is R936 Mil. Overall, Hudaco Industries has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hudaco Industries' EBIT compare to GWW and FAST?
Hudaco Industries' EBIT of R936 Mil can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good EBIT depends on the Industrial Distribution 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 Hudaco Industries. Hudaco Industries's current EBIT is R936 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudaco Industries stock overvalued right now?
Based on GuruFocus' analysis, Hudaco Industries (JSE:HDC) is currently considered Fairly Valued. The stock's GF Value™ is R189.20, compared to a current price of R188.52 — trading 0.4% below its estimated fair value. The current EBIT is R936 Mil. Hudaco Industries' overall GF Score™ is 91/100 with 1 warning sign 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 Hudaco Industries (JSE:HDC), the current EBIT is R936 Mil as of Nov. 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 Hudaco Industries (JSE:HDC) Overvalued in 2026?

Based on GuruFocus' analysis, Hudaco Industries stock appears to be undervalued. The current stock price of R188.52 is trading 0.4% below its estimated GF Value™ of R189.20. GuruFocus considers Hudaco Industries to be Fairly Valued.

Key valuation signals for JSE:HDC:

  • EBIT: R936 Mil
  • GF Value™: R189.20 vs. price of R188.52 (0.4% below fair value)
  • GF Score™: 91/100 with 1 warning sign

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

Hudaco Industries Business Description

Address Emerald Boulevard, Greenstone Hill, Building 9, 1st Floor, Greenstone Hill Office Park, Edenvale, GT, ZAF, 1609
Hudaco Industries Ltd is engaged in importing and distributing branded automotive, industrial and electrical consumable products. The company operates in two business segment such as Consumer-related product segment which includes power tools, security equipment, communication equipment, automotive and batteries, and Engineering consumables segment which consist of bearings, diesel engines and spares, and power transmission. It generates maximum revenue from Engineering consumables segment. Geographically, it derives a majority of revenue from South Africa.
91GF Score

Get the complete analysis for JSE:HDC

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

R188.52
Price
R189.20
GF Value