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Raubex Group (JSE:RBX) EBIT : R1,651 Mil (TTM As of Feb. 2024)


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What is Raubex Group EBIT?

Raubex Group's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2024 was R975 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was R1,651 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Raubex Group's annualized ROC % for the quarter that ended in Feb. 2024 was 15.27%. Raubex Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 40.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Raubex Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 15.73%.


Raubex Group EBIT Historical Data

The historical data trend for Raubex 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.

Raubex Group EBIT Chart

Raubex Group Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 531.78 430.63 989.23 1,343.17 1,650.90

Raubex Group Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 532.88 575.84 767.33 676.18 974.72

Competitive Comparison of Raubex Group's EBIT

For the Engineering & Construction subindustry, Raubex 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.


Raubex Group's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Raubex Group's EV-to-EBIT distribution charts can be found below:

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



Raubex 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,651 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.


Raubex Group  (JSE:RBX) EBIT Explanation

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

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

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=1889.568 * ( 1 - 27.33% )/( (8061.25 + 9928.087)/ 2 )
=1373.1490656/8994.6685
=15.27 %

where

Invested Capital(Q: Aug. 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))
=12191.451 - 2852.882 - ( 1277.319 - max(0, 4228.893 - 5694.884+1277.319))
=8061.25

Invested Capital(Q: Feb. 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))
=13195.006 - 1597.274 - ( 1669.645 - max(0, 4520.502 - 6301.087+1669.645))
=9928.087

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

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

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

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1949.444/( ( (4603.417 + max(-35.85, 0)) + (5085.673 + max(-90.828, 0)) )/ 2 )
=1949.444/( ( 4603.417 + 5085.673 )/ 2 )
=1949.444/4844.545
=40.24 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2113.996 + 1447.471 + 36.398999999999) - (2852.882 + 0 + 780.834)
=-35.85

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2097.15 + 1486.142 + 133.649) - (1597.274 + 0 + 2210.495)
=-90.828

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=1650.897/10493.862
=15.73 %

* 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.


Raubex Group EBIT Related Terms

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Raubex Group Business Description

Traded in Other Exchanges
Address
Kenneth Kaunda Road Extension, Noordstad, Cleveley, Bloemfontein, FS, ZAF, 9300
Raubex Group Ltd is a South African infrastructure development and construction materials supply group. It operates across South Africa as well as throughout southern Africa. The group consists of three divisions as follows: The materials division specializes in the supply of aggregates from commercial quarries and is a provider of materials handling and screening services to the mining industry. Roads and Earthworks Division specializes in road construction and earthworks as well as road surfacing and rehabilitation which includes the manufacturing and laying of asphalt, chip and spray, surface dressing, enrichments, and slurry seals. The infrastructure division specializes in disciplines outside the road construction sector, including energy, rail, and telecommunications.

Raubex Group Headlines

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