GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Quilter PLC (JSE:QLT) » Definitions » EBIT

Quilter (JSE:QLT) EBIT : R3,714 Mil (TTM As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Quilter EBIT?

Quilter's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was R2,040 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was R3,714 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Quilter's annualized ROC % for the quarter that ended in Jun. 2024 was 0.09%. Quilter's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 49.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Quilter's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 18.52%.


Quilter EBIT Historical Data

The historical data trend for Quilter'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.

Quilter EBIT Chart

Quilter Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 1,094.81 460.06 2,070.98 1,641.71 2,594.44

Quilter Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 856.94 715.62 923.04 1,674.59 2,039.86

Competitive Comparison of Quilter's EBIT

For the Asset Management subindustry, Quilter'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.


Quilter's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Quilter's EV-to-EBIT distribution charts can be found below:

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



Quilter 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 R3,714 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.


Quilter  (JSE:QLT) EBIT Explanation

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

Quilter'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 )
=3423.218 * ( 1 - 83.12% )/( (21510.27 + 1310154.262)/ 2 )
=577.8391984/665832.266
=0.09 %

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))
=1258185.716 - 13420.333 - ( 1223255.113 - max(0, 13561.848 - 1242453.973+1223255.113))
=21510.27

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))
=1361736.984 - 15662.39 - ( 35920.332 - max(0, 15662.39 - 59507.705+35920.332))
=1310154.262

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:

Quilter'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 )
=4079.724/( ( (2146.31 + max(5519.0830000002, 0)) + (2039.862 + max(6752.648, 0)) )/ 2 )
=4079.724/( ( 7665.3930000002 + 8792.51 )/ 2 )
=4079.724/8228.9515000001
=49.58 %

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)
=(10519.277 + 0 + 8420.1390000002) - (13420.333 + 0 + 0)
=5519.0830000002

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13012.914 + 0 + 9402.124) - (15662.39 + 0 + 0)
=6752.648

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=3714.455/20051.092
=18.52 %

* 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.


Quilter EBIT Related Terms

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


Quilter Business Description

Traded in Other Exchanges
Address
85 Queen Victoria Street, Senator House, London, GBR, EC4V 4AB
Quilter PLC is a United Kingdom-based Asset Management Company engaged in the wealth management business, providing financial advice, investment solutions, and wealth management to customers in the UK and selected international markets. The group operating segments are High Net Worth, Affluent, and Head Office. The High Net Worth segment comprises Quilter Cheviot and Quilter Cheviot Financial Planning. The Affluent segment comprises Quilter Investment Platform, Quilter Investors, and Quilter Financial Planning. The Head Office segment comprises the investment return on centrally held assets, central support function expenses, central core structural borrowings, and certain tax balances. The company derives maximum revenue from the Affluent segment.

Quilter Headlines

No Headlines