Nampak (JSE:NPK) EBIT: R1,931 Mil (TTM As of Mar. 2026)


JSE:NPK Nampak Ltd JSE:NPK
56 GF Score
Price R440.00
GF Value R471.12
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Nampak EBIT?

Nampak JSE:NPK 56 EBIT is R1,931 Mil as of Mar. 2026. GuruFocus rates JSE:NPK with a GF Score™ of 56/100 and a GF Value™ of R471.12 (Fairly Valued). The stock has 5 warning signs investors should review.

Nampak's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was R914 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R1,931 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nampak's annualized ROC % for the quarter that ended in Mar. 2026 was 109.44%. Nampak's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 28.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nampak's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.45%.


Nampak  (JSE:NPK) EBIT Explanation

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

Nampak's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=11228 * ( 1 - 26.19% )/( (7727.5 + 7417.3)/ 2 )
=8287.3868/7572.4
=109.44 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Nampak's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1827/( ( (4503.7 + max(1497, 0)) + (4888.4 + max(1786.5, 0)) )/ 2 )
=1827/( ( 6000.7 + 6674.9 )/ 2 )
=1827/6337.8
=28.83 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1269.7 + 2260.1 + 1085.8) - (2003.7 + 0 + 1114.9)
=1497

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1963.4 + 1956.5 + 808.6) - (2611.8 + 0 + 330.2)
=1786.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1931.3/7035.500
=27.45 %

* 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.


Nampak EBIT Related Terms


Nampak EBIT Historical Data

* Premium members only.

The historical data trend for Nampak'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.

Nampak EBIT Chart

Nampak Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 946.90 661.20 -1,354.00 1,702.90 1,988.30

Nampak Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 886.50 816.40 970.50 1,017.80 913.50

JSE:NPK vs SW, PKG, AMCR: EBIT Comparison

For the Packaging & Containers subindustry, Nampak'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.


Nampak EV-to-EBIT vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Nampak's EV-to-EBIT distribution charts can be found below:

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


JSE:NPK
56GF Score
Nampak Ltd JSE:NPK
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nampak 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,931 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 R1,931 Mil mean?
Nampak (JSE:NPK) has a EBIT of R1,931 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nampak.
Is Nampak's EBIT too high?
Nampak's current EBIT is R1,931 Mil. Overall, Nampak has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nampak's EBIT compare to SW and PKG?
Nampak's EBIT of R1,931 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good EBIT depends on the Packaging & Containers 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 Nampak. Nampak's current EBIT is R1,931 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nampak stock overvalued right now?
Based on GuruFocus' analysis, Nampak (JSE:NPK) is currently considered Fairly Valued. The stock's GF Value™ is R471.12, compared to a current price of R440.00 — trading 6.6% below its estimated fair value. The current EBIT is R1,931 Mil. Nampak's overall GF Score™ is 56/100 with 5 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 Nampak (JSE:NPK), the current EBIT is R1,931 Mil as of Mar. 2026. 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 Nampak (JSE:NPK) Overvalued in 2026?

Based on GuruFocus' analysis, Nampak stock appears to be undervalued. The current stock price of R440.00 is trading 6.6% below its estimated GF Value™ of R471.12. GuruFocus considers Nampak to be Fairly Valued.

Key valuation signals for JSE:NPK:

  • EBIT: R1,931 Mil
  • GF Value™: R471.12 vs. price of R440.00 (6.6% below fair value)
  • GF Score™: 56/100 with 5 warning signs

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


Nampak Business Description

Address 1 Waterhouse Place, Office G6, Century, ZAF, 7441
Nampak Ltd is a metals packaging company in South Africa and Angola, and also has substantial positions in other metal packaging. It is the producer of two-piece tinplate cans and aluminium monobloc aerosol cans. The company's operating segments include Metals, which involves the manufacture of beverage cans, food cans, aerosol cans, and other metal packaging, and Corporate, which provides for head office activities, treasury, property services, and consolidation adjustments, including goodwill. The majority of revenue comes from the Metals segment and from South Africa.
56GF Score

Get the complete analysis for JSE:NPK

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

R440.00
Price
R471.12
GF Value