Northam Platinum Holdings (JSE:NPH) EBIT : R4,853 Mil (TTM As of Jun. 2024)

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What is Northam Platinum Holdings EBIT?

Northam Platinum Holdings's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was R2,722 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was R4,853 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Northam Platinum Holdings's annualized ROC % for the quarter that ended in Jun. 2024 was 7.19%. Northam Platinum Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 14.57%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Northam Platinum Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.33%.

Northam Platinum Holdings EBIT Historical Data

The historical data trend for Northam Platinum 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.

* Premium members only.

Northam Platinum Holdings EBIT Chart

Northam Platinum Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

4,164.60

14,330.59

15,035.43

8,860.68

4,853.00

Northam Platinum Holdings Semi-Annual Data
	Jun18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial						9,481.14	9,473.21	-612.53	2,130.57	2,722.44

Competitive Comparison of Northam Platinum Holdings's EBIT

For the Other Precious Metals & Mining subindustry, Northam Platinum 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.

Northam Platinum Holdings's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Northam Platinum Holdings's EV-to-EBIT distribution charts can be found below:

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

Northam Platinum 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R4,853 Mil.

Northam Platinum Holdings (JSE:NPH) EBIT Explanation

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

Northam Platinum Holdings's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	4859.234 * ( 1 - 35.04% )	/	( (43162.012	+	44665.776)	/ 2 )
=	3156.5584064	/	43913.894
=	7.19 %

where

	Invested Capital		(Q: Dec. 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	))
=	56387.056	-	1690.129	-	( 11534.915	-	max(0, 8853.668	-	21464.152	+	11534.915	))
=	43162.012

	Invested Capital		(Q: Jun. 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	))
=	54019.57	-	2141.021	-	( 7212.773	-	max(0, 9736.095	-	17744.204	+	7212.773	))
=	44665.776

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

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

Northam Platinum Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	5444.872	/	( ( (33029.709 + max(3773.447, 0))	+	(34562.545 + max(3371.276, 0)) )	/	2 )
=	5444.872	/	( ( 36803.156	+	37933.821 )	/	2 )
=	5444.872	/	37368.4885
=	14.57 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(103.822	+	7747.079	+	656.556)	-	(1690.129	+	0	+	3043.881)
=	3773.447

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(133.946	+	8158.376	+	624.74)	-	(2141.021	+	0	+	3404.765)
=	3371.276

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	4853.004	/	42837.493
	=	11.33 %

Northam Platinum Holdings EBIT Related Terms

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Northam Platinum Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northam Platinum Holdings Ltd (JSE:NPH) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

7JR:Germany

Address

Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Jukskei View, Midrand, Waterfall City, GT, ZAF, 2090

Website

https://www.northam.co.za

Northam Platinum Holdings Ltd is an integrated producer of platinum group metals. Its primary products are the three PGMs, platinum, palladium, and rhodium. The primary consumers of these metals are the motor manufacturing industry, the jewelry industry, and other industrial sectors. Its segments include Northam Holdings, Zondereinde mine, Booysendal mine, Eland mine, and the U.S. recycling operations. The maximum revenue for the company is generated from its Zondereinde mine segment.

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