MTN Zakhele Futhi (RF) (JSE:MTNZF) EBIT: R3,281.6 Mil (TTM As of Jun. 2025)


JSE:MTNZF MTN Zakhele Futhi (RF) Ltd JSE:MTNZF
34 GF Score
Price R0.20
GF Value R17.15
! 3 Warning Signs
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What is MTN Zakhele Futhi (RF) EBIT?

MTN Zakhele Futhi (RF) JSE:MTNZF 34 EBIT is R3,281.6 Mil as of Jun. 2025. GuruFocus rates JSE:MTNZF with a GF Score™ of 34/100 and a GF Value™ of R17.15. The stock has 3 warning signs investors should review.

MTN Zakhele Futhi (RF)'s earnings before interest and taxes (EBIT) for the six months ended in Jun. 2025 was R2,818.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2025 was R3,281.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MTN Zakhele Futhi (RF)'s annualized ROC % for the quarter that ended in Jun. 2025 was 20.78%. MTN Zakhele Futhi (RF)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MTN Zakhele Futhi (RF)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was -108.28%.


MTN Zakhele Futhi (RF)  (JSE:MTNZF) EBIT Explanation

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

MTN Zakhele Futhi (RF)'s annualized ROC % for the quarter that ended in Jun. 2025 is calculated as:

ROC % (Q: Jun. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Jun. 2025 ))/ count )
=492.844 * ( 1 - 0.1% )/( (4733.004 + 6.3139999999999)/ 2 )
=492.351156/2369.659
=20.78 %

where

Invested Capital(Q: Jun. 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))
=3066.287 - 4.612 - ( 3055.361 - max(0, 7.184 - 3066.287+3055.361))
=6.3139999999999

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

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

MTN Zakhele Futhi (RF)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Jun. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5637.854/( ( (0 + max(-19.009, 0)) + (0 + max(-3.4300000000001, 0)) )/ 2 )
=5637.854/( ( 0 + 0 )/ 2 )
=5637.854/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 3.949) - (3.751 + 0 + 19.207)
=-19.009

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 3.7539999999999) - (4.612 + 0 + 2.572)
=-3.4300000000001

When net working capital is negative, 0 is used.

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

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

MTN Zakhele Futhi (RF)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2025 )
=3281.612/-3030.678
=-108.28 %

* 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.


MTN Zakhele Futhi (RF) EBIT Related Terms


MTN Zakhele Futhi (RF) EBIT Historical Data

* Premium members only.

The historical data trend for MTN Zakhele Futhi (RF)'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.

MTN Zakhele Futhi (RF) EBIT Chart

MTN Zakhele Futhi (RF) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only 207.52 897.22 -1,222.27 -738.32 246.90

MTN Zakhele Futhi (RF) Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 83.38 -821.69 -215.78 462.69 2,818.93

JSE:MTNZF vs XXI, APAD, CCCX: EBIT Comparison

For the Shell Companies subindustry, MTN Zakhele Futhi (RF)'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.


MTN Zakhele Futhi (RF) EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, MTN Zakhele Futhi (RF)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MTN Zakhele Futhi (RF)'s EV-to-EBIT falls into.


JSE:MTNZF
34GF Score
MTN Zakhele Futhi (RF) Ltd JSE:MTNZF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Zakhele Futhi (RF) 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 Jun. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R3,281.6 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 R3,281.6 Mil mean?
MTN Zakhele Futhi (RF) (JSE:MTNZF) has a EBIT of R3,281.6 Mil as of Jun. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on MTN Zakhele Futhi (RF).
Is MTN Zakhele Futhi (RF)'s EBIT too high?
MTN Zakhele Futhi (RF)'s current EBIT is R3,281.6 Mil. Overall, MTN Zakhele Futhi (RF) has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does MTN Zakhele Futhi (RF)'s EBIT compare to XXI and APAD?
MTN Zakhele Futhi (RF)'s EBIT of R3,281.6 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good EBIT depends on the Diversified Financial Services 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 MTN Zakhele Futhi (RF). MTN Zakhele Futhi (RF)'s current EBIT is R3,281.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Zakhele Futhi (RF) stock overvalued right now?
MTN Zakhele Futhi (RF) (JSE:MTNZF) has a current EBIT of R3,281.6 Mil. The stock's GF Value™ is R17.15, compared to a current price of R0.20 — trading 98.8% below its estimated fair value. The current EBIT is R3,281.6 Mil. MTN Zakhele Futhi (RF)'s overall GF Score™ is 34/100 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 MTN Zakhele Futhi (RF) (JSE:MTNZF), the current EBIT is R3,281.6 Mil as of Jun. 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 MTN Zakhele Futhi (RF) (JSE:MTNZF) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Zakhele Futhi (RF) stock appears to be undervalued. The current stock price of R0.20 is trading 98.8% below its estimated GF Value™ of R17.15.

Key valuation signals for JSE:MTNZF:

  • EBIT: R3,281.6 Mil
  • GF Value™: R17.15 vs. price of R0.20 (98.8% below fair value)
  • GF Score™: 34/100 with 3 warning signs

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


MTN Zakhele Futhi (RF) Business Description

Address 135 Rivonia Road, Sandown, Johannesburg, GT, ZAF, 2196
MTN Zakhele Futhi (RF) Ltd is an investment company formed as a special purpose investment vehicle to facilitate the implementation of a Broad-Based Black Economic Empowerment. The company is engaged in acquiring and holding shares in MTN Group on behalf of the participating black public.
34GF Score

Get the complete analysis for JSE:MTNZF

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

R0.20
Price
R17.15
GF Value