PSV Holdings (JSE:PSV) EBIT: R-7.1 Mil (TTM As of Aug. 2019)


What is PSV Holdings EBIT?

PSV Holdings JSE:PSV EBIT is R-7.1 Mil as of Aug. 2019.

PSV Holdings's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2019 was R-4.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2019 was R-7.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PSV Holdings's annualized ROC % for the quarter that ended in Aug. 2019 was -7.54%. PSV Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2019 was -40.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PSV Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2019 was -21.77%.

PSV Holdings  (JSE:PSV) EBIT Explanation

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

PSV Holdings's annualized ROC % for the quarter that ended in Aug. 2019 is calculated as:

ROC % (Q: Aug. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2019 ) + Invested Capital (Q: Aug. 2019 ))/ count )
=-9.136 * ( 1 - 29.71% )/( (85.023 + 85.236)/ 2 )
=-6.4216944/85.1295
=-7.54 %

where

Invested Capital(Q: Feb. 2019 )
=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))
=103.104 - 32.367 - ( 6.683 - max(0, 67.115 - 52.829+6.683))
=85.023

Invested Capital(Q: Aug. 2019 )
=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))
=105.591 - 30.977 - ( 1.81 - max(0, 53.6 - 42.978+1.81))
=85.236

Note: The Operating Income data used here is two times the semi-annual (Aug. 2019) data.

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

PSV Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2019 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2019  Q: Aug. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-9.136/( ( (5.436 + max(-1.665, 0)) + (31.977 + max(7.702, 0)) )/ 2 )
=-9.136/( ( 5.436 + 39.679 )/ 2 )
=-9.136/22.5575
=-40.50 %

where Working Capital is:

Working Capital(Q: Feb. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.857 + 6.497 + 1.964) - (32.367 + 0 + 13.616)
=-1.665

Working Capital(Q: Aug. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.181 + 13.977 + 4.01) - (30.977 + 0 + 2.489)
=7.702

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Aug. 2019) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2019 )
=-7.087/32.553
=-21.77 %

* 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.

PSV Holdings EBIT Related Terms

PSV Holdings EBIT Historical Data

* Premium members only.

The historical data trend for PSV 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.

PSV Holdings EBIT Chart

PSV Holdings Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.56 -21.14 4.59 1.73 -2.96

PSV Holdings Semi-Annual Data
Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19
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 -1.37 3.11 -0.45 -2.52 -4.57

JSE:PSV vs HON, MMM, GE: EBIT Comparison

For the Specialty Industrial Machinery subindustry, PSV 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.

PSV Holdings EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PSV Holdings's EV-to-EBIT distribution charts can be found below:

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


PSV 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 Aug. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-7.1 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 R-7.1 Mil mean?
PSV Holdings (JSE:PSV) has a EBIT of R-7.1 Mil as of Aug. 2019. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PSV Holdings.
Is PSV Holdings' EBIT too high?
PSV Holdings' current EBIT is R-7.1 Mil.
How does PSV Holdings' EBIT compare to HON and MMM?
PSV Holdings' EBIT of R-7.1 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good EBIT depends on the Industrial Products 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 PSV Holdings. PSV Holdings's current EBIT is R-7.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSV Holdings stock overvalued right now?
PSV Holdings (JSE:PSV) has a current EBIT of R-7.1 Mil. The current EBIT is R-7.1 Mil. 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 PSV Holdings (JSE:PSV), the current EBIT is R-7.1 Mil as of Aug. 2019. 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.

PSV Holdings Business Description

Address Corner of Serenade & North Reef Roads, Henville Ext. Elandsfontein Rail, Germiston, ZAF, 1429
PSV Holdings Ltd is an industrial engineering holding company. It is engaged in providing steel, stainless steel, industrial supplies, specialized control valves, engineering linings, cryogenic equipment and storage tankers and also provides technology to the mining, water, wastewater management, health care, infrastructure and manufacturing sectors in South Africa and Africa. The company operates in two segments namely Industrial Supplies that includes steel, piping, industrial tools and consumable supplies and others; and Specialized Services that includes comprehensive cryogenic and gas systems. It derives key revenue from the Industrial supplies segment. Geographically, the group has operations in South Africa and other countries.