PBT Holdings (JSE:PBT) EBIT: R147 Mil (TTM As of Sep. 2025)


JSE:PBT PBT Holdings Ltd JSE:PBT
74 GF Score
Price R6.71
GF Value R6.96
Valuation Fairly Valued
! 2 Warning Signs
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What is PBT Holdings EBIT?

PBT Holdings JSE:PBT 74 EBIT is R147 Mil as of Sep. 2025. GuruFocus rates JSE:PBT with a GF Score™ of 74/100 and a GF Value™ of R6.96 (Fairly Valued). The stock has 2 warning signs investors should review.

PBT Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was R74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was R147 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PBT Holdings's annualized ROC % for the quarter that ended in Sep. 2025 was 37.79%. PBT Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 164.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PBT Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 21.76%.

PBT Holdings  (JSE:PBT) EBIT Explanation

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

PBT Holdings's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=144.588 * ( 1 - 27.58% )/( (274.371 + 279.729)/ 2 )
=104.7106296/277.05
=37.79 %

where

Invested Capital(Q: Mar. 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))
=381.014 - 39.047 - ( 67.596 - max(0, 94.079 - 221.076+67.596))
=274.371

Invested Capital(Q: Sep. 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))
=371.641 - 68.835 - ( 23.077 - max(0, 99.55 - 200.957+23.077))
=279.729

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

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

PBT Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=148.388/( ( (10.128 + max(57.235, 0)) + (7.583 + max(104.992, 0)) )/ 2 )
=148.388/( ( 67.363 + 112.575 )/ 2 )
=148.388/89.969
=164.93 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(126.539 + 0 + 2.302) - (39.047 + 0 + 32.559)
=57.235

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(172.918 + 0 + 0.90899999999999) - (68.835 + 0 + 0)
=104.992

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=147.253/676.853
=21.76 %

* 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.

PBT Holdings EBIT Related Terms

PBT Holdings EBIT Historical Data

* Premium members only.

The historical data trend for PBT 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.

PBT Holdings EBIT Chart

PBT Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.49 131.97 142.74 137.36 139.35

PBT Holdings Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 66.16 71.21 66.29 73.06 74.19

JSE:PBT vs IBM, ACN, FISV: EBIT Comparison

For the Information Technology Services subindustry, PBT 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.

PBT Holdings EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, PBT Holdings's EV-to-EBIT distribution charts can be found below:

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


JSE:PBT
74GF Score
PBT Holdings Ltd JSE:PBT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PBT 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R147 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 R147 Mil mean?
PBT Holdings (JSE:PBT) has a EBIT of R147 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PBT Holdings.
Is PBT Holdings' EBIT too high?
PBT Holdings' current EBIT is R147 Mil. Overall, PBT Holdings has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PBT Holdings' EBIT compare to IBM and ACN?
PBT Holdings' EBIT of R147 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 PBT Holdings. PBT Holdings's current EBIT is R147 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBT Holdings stock overvalued right now?
Based on GuruFocus' analysis, PBT Holdings (JSE:PBT) is currently considered Fairly Valued. The stock's GF Value™ is R6.96, compared to a current price of R6.71 — trading 3.6% below its estimated fair value. The current EBIT is R147 Mil. PBT Holdings' overall GF Score™ is 74/100 with 2 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 PBT Holdings (JSE:PBT), the current EBIT is R147 Mil as of Sep. 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 PBT Holdings (JSE:PBT) Overvalued in 2026?

Based on GuruFocus' analysis, PBT Holdings stock appears to be undervalued. The current stock price of R6.71 is trading 3.6% below its estimated GF Value™ of R6.96. GuruFocus considers PBT Holdings to be Fairly Valued.

Key valuation signals for JSE:PBT:

  • EBIT: R147 Mil
  • GF Value™: R6.96 vs. price of R6.71 (3.6% below fair value)
  • GF Score™: 74/100 with 2 warning signs

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

PBT Holdings Business Description

Address 2 Mews Close, Waterford Mews, PBT House, Century City, Cape Town, WC, ZAF, 7441
PBT Holdings Ltd, formerly known as PBT Group Ltd, is a South African-based company that offers information management and data analytics services. It serves finance, insurance, telecommunications, retail, petroleum and medical healthcare industries. The services provided by the company include data engineering, analytics and visualization, artificial intelligence, managed solutions, advisory and strategic services, application development and others. Its operating segments are based on geographical locations namely South Africa, Europe and the United Kingdom. The segment includes consulting and implementation of data, management information software and healthcare administration services provided in the Republic of South Africa, Europe, the United Kingdom, and also Australia.
74GF Score

Get the complete analysis for JSE:PBT

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

R6.71
Price
R6.96
GF Value