Sail Mining Group (JSE:SGP) EBIT: R-530 Mil (TTM As of Aug. 2021)


What is Sail Mining Group EBIT?

Sail Mining Group JSE:SGP EBIT is R-530 Mil as of Aug. 2021.

Sail Mining Group's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2021 was R-393 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2021 was R-530 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sail Mining Group's annualized ROC % for the quarter that ended in Aug. 2021 was -31.63%. Sail Mining Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2021 was -82.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sail Mining Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2021 was -77.39%.

Sail Mining Group  (JSE:SGP) EBIT Explanation

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

Sail Mining Group's annualized ROC % for the quarter that ended in Aug. 2021 is calculated as:

ROC % (Q: Aug. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2021 ) + Invested Capital (Q: Aug. 2021 ))/ count )
=-588.554 * ( 1 - 10.86% )/( (1665.989 + 1651.316)/ 2 )
=-524.6370356/1658.6525
=-31.63 %

where

Invested Capital(Q: Feb. 2021 )
=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))
=1601.418 - 475.728 - ( 0.145 - max(0, 994.107 - 453.808+0.145))
=1665.989

Invested Capital(Q: Aug. 2021 )
=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))
=1203.237 - 474.232 - ( 4.035 - max(0, 1214.533 - 292.222+4.035))
=1651.316

Note: The Operating Income data used here is two times the semi-annual (Aug. 2021) data.

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

Sail Mining Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2021  Q: Aug. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-785.646/( ( (1081.383 + max(-74.227, 0)) + (816.752 + max(-495.599, 0)) )/ 2 )
=-785.646/( ( 1081.383 + 816.752 )/ 2 )
=-785.646/949.0675
=-82.78 %

where Working Capital is:

Working Capital(Q: Feb. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(70.296 + 202.235 + 164.514) - (475.728 + 0 + 35.544)
=-74.227

Working Capital(Q: Aug. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(80.986 + 131.413 + 75.788) - (474.232 + 0 + 309.554)
=-495.599

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Aug. 2021) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Aug. 2021 )
=-529.958/684.753
=-77.39 %

* 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.

Sail Mining Group EBIT Related Terms

Sail Mining Group EBIT Historical Data

* Premium members only.

The historical data trend for Sail Mining 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.

Sail Mining Group EBIT Chart

Sail Mining Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.51 -135.30 -101.58 -92.16 -269.75

Sail Mining Group Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
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 -17.76 -74.39 -132.62 -137.14 -392.82

JSE:SGP vs BHPBF: EBIT Comparison

For the Other Industrial Metals & Mining subindustry, Sail Mining 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.

Sail Mining Group EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sail Mining Group's EV-to-EBIT distribution charts can be found below:

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


Sail Mining 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 Aug. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-530 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-530 Mil mean?
Sail Mining Group (JSE:SGP) has a EBIT of R-530 Mil as of Aug. 2021. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sail Mining Group.
Is Sail Mining Group's EBIT too high?
Sail Mining Group's current EBIT is R-530 Mil.
How does Sail Mining Group's EBIT compare to BHPBF?
Sail Mining Group's EBIT of R-530 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good EBIT depends on the Metals & Mining 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 Sail Mining Group. Sail Mining Group's current EBIT is R-530 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sail Mining Group stock overvalued right now?
Sail Mining Group (JSE:SGP) has a current EBIT of R-530 Mil. The current EBIT is R-530 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 Sail Mining Group (JSE:SGP), the current EBIT is R-530 Mil as of Aug. 2021. 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.

Sail Mining Group Business Description

Address 4 Peltier Drive, Unit 25 Sunninghill Office Park, Johannesburg, GT, ZAF, 2054
Sail Mining Group Ltd Formerly Chrometco Ltd is a mineral exploration company. It has chrome and mining operations in the North-West Province of South Africa. In addition, Chrometco focuses on the investigation of other chrome and base metal properties for exploration purposes and on researching and investigating business development opportunities. The group holds interest in mining, concentrating and beneficiating various metals and their ores, in particular chrome, platinum, copper, cobalt, nickel and manganese.