GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Premier Group Ltd (JSE:PMR) » Definitions » EBIT

Premier Group (JSE:PMR) EBIT : R1,733 Mil (TTM As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Premier Group EBIT?

Premier Group's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was R926 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was R1,733 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Premier Group's annualized ROC % for the quarter that ended in Sep. 2024 was 15.85%. Premier Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 33.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Premier Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.17%.


Premier Group EBIT Historical Data

The historical data trend for Premier 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.

Premier Group EBIT Chart

Premier Group Annual Data
Trend Mar23 Mar24
EBIT
1,345.01 1,592.89

Premier Group Semi-Annual Data
Mar23 Sep23 Mar24 Sep24
EBIT - 785.07 807.82 925.64

Competitive Comparison of Premier Group's EBIT

For the Grocery Stores subindustry, Premier 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.


Premier Group's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Premier Group's EV-to-EBIT distribution charts can be found below:

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



Premier 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,733 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.


Premier Group  (JSE:PMR) EBIT Explanation

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

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

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1889.644 * ( 1 - 28.04% )/( (8218.279 + 8936.02)/ 2 )
=1359.7878224/8577.1495
=15.85 %

where

Invested Capital(Q: Mar. 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))
=10425.5 - 1571.215 - ( 636.006 - max(0, 3154.969 - 4461.668+636.006))
=8218.279

Invested Capital(Q: Sep. 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))
=10957.187 - 1731.281 - ( 289.886 - max(0, 3396.293 - 4588.936+289.886))
=8936.02

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

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

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

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1851.288/( ( (4167.756 + max(1190.192, 0)) + (4294.815 + max(1522.614, 0)) )/ 2 )
=1851.288/( ( 5357.948 + 5817.429 )/ 2 )
=1851.288/5587.6885
=33.13 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1387.422 + 2064.23 + 354.199) - (1571.215 + 0 + 1044.444)
=1190.192

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1929.229 + 2230.235 + 139.586) - (1731.281 + 0 + 1045.155)
=1522.614

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1733.467/18910.526
=9.17 %

* 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.


Premier Group EBIT Related Terms

Thank you for viewing the detailed overview of Premier Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Premier Group Business Description

Traded in Other Exchanges
N/A
Address
Maxwell Office Park, Building 5, Magwa Crescent West, Isando, ZAF, 1600
Premier Group Ltd is engaged in the manufacturing and distribution of staple milling and baking products, confectionery and home and personal care (HPC) products. The company is organized into two segments Millbake and Groceries and International. It derives maximum revenue from Millbake segment.

Premier Group Headlines

No Headlines