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Huge Group (JSE:HUG) EBIT : R52.21 Mil (TTM As of Feb. 2024)


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What is Huge Group EBIT?

Huge Group's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2024 was R12.90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was R52.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huge Group's annualized ROC % for the quarter that ended in Feb. 2024 was -16.64%. Huge Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 40.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huge Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 7.89%.


Huge Group EBIT Historical Data

The historical data trend for Huge Group'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.

Huge Group EBIT Chart

Huge Group Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.61 69.08 557.49 102.51 52.21

Huge Group Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 63.54 82.13 20.39 39.31 12.90

Competitive Comparison of Huge Group's EBIT

For the Telecom Services subindustry, Huge Group'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.


Huge Group's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Huge Group's EV-to-EBIT distribution charts can be found below:

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



Huge Group 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R52.21 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.


Huge Group  (JSE:HUG) EBIT Explanation

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

Huge Group's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=80.842 * ( 1 - 495.36% )/( (1877.375 + 1965.152)/ 2 )
=-319.6169312/1921.2635
=-16.64 %

where

Invested Capital(Q: Feb. 2024 )
=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))
=2000.603 - 12.045 - ( 23.406 - max(0, 17.383 - 152.031+23.406))
=1965.152

Note: The Operating Income data used here is two times the semi-annual (Feb. 2024) data.

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

Huge Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=25.804/( ( (0.232 + max(10.284, 0)) + (0.191 + max(116.579, 0)) )/ 2 )
=25.804/( ( 10.516 + 116.77 )/ 2 )
=25.804/63.643
=40.54 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.12 + 0 + 1.7763568394003E-15) - (1.836 + 0 + 0)
=10.284

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.407 + 0 + 70.218) - (12.045 + 0 + 0.0010000000000012)
=116.579

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2024) EBIT data.

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

Huge Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=52.207/661.567
=7.89 %

* 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.


Huge Group EBIT Related Terms

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Huge Group (JSE:HUG) Business Description

Traded in Other Exchanges
N/A
Address
1 Melrose Boulevard, Unit 23, Melrose Arch, PO Box 262, Johannesburg, GT, ZAF, 2076
Huge Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in providing voice, messaging and data connectivity services using the wireless, global system for mobile-based, fixed cellular last-mile solutions to residential customers and a range of corporate clients, from large corporations to small and medium enterprises. Its divisions are Telecom Grouping, which generates the majority of its revenue; Fintech Grouping; and Corporate Office Grouping. It generates all of its revenue from South Africa.

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