Tongaat Hulett (JSE:TON) EBIT : R945 Mil (TTM As of Sep. 2021)

View and export this data going back to 1952. Start your Free Trial

What is Tongaat Hulett EBIT?

Tongaat Hulett's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2021 was R1,305 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2021 was R945 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tongaat Hulett's annualized ROC % for the quarter that ended in Sep. 2021 was 0.64%. Tongaat Hulett's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was 28.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tongaat Hulett's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was 13.03%.

Tongaat Hulett EBIT Historical Data

The historical data trend for Tongaat Hulett'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.

Tongaat Hulett EBIT Chart

Tongaat Hulett Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

EBIT

Get a 7-Day Free Trial

2,462.00

-786.00

504.00

1,865.00

1,013.00

Tongaat Hulett Semi-Annual Data
	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21
EBIT	Get a 7-Day Free Trial															548.00	1,317.00	1,373.00	-360.00	1,305.00

Competitive Comparison of Tongaat Hulett's EBIT

For the Confectioners subindustry, Tongaat Hulett'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.

Tongaat Hulett's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongaat Hulett's EV-to-EBIT distribution charts can be found below:

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

Tongaat Hulett 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was R945 Mil.

Tongaat Hulett (JSE:TON) EBIT Explanation

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

Tongaat Hulett's annualized ROC % for the quarter that ended in Sep. 2021 is calculated as:

	ROC % (Q: Sep. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2021 )	+	Invested Capital (Q: Sep. 2021 ))	/ count )
=	2700 * ( 1 - 96.6% )	/	( (14889	+	13945)	/ 2 )
=	91.8	/	14417
=	0.64 %

where

	Invested Capital		(Q: Mar. 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	))
=	13276	-	1492	-	( 452	-	max(0, 10498	-	7393	+	452	))
=	14889

	Invested Capital		(Q: Sep. 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	))
=	16535	-	5006	-	( 599	-	max(0, 12528	-	10112	+	599	))
=	13945

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

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

Tongaat Hulett's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2021		Q: Sep. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	2610	/	( ( (5190 + max(3392, 0))	+	(5730 + max(3837, 0)) )	/	2 )
=	2610	/	( ( 8582	+	9567 )	/	2 )
=	2610	/	9074.5
=	28.76 %

where Working Capital is:

	Working Capital		(Q: Mar. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(599	+	4900	+	1226)	-	(1492	+	0	+	1841)
=	3392

	Working Capital		(Q: Sep. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1891	+	7605	+	17)	-	(5006	+	0	+	670)
=	3837

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2021 )
	=	945	/	7251.855
	=	13.03 %

Tongaat Hulett EBIT Related Terms

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

Tongaat Hulett (JSE:TON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tongaat Hulett Ltd (JSE:TON) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Amanzimnyama Hill Road, P O Box 3, Tongaat, NL, ZAF, 4400

Website

https://www.tongaat.com

Tongaat Hulett Ltd produces sugar and glucose in Africa. It procures its raw materials both from land it owns and from private farmers. Tongaat sells its products to customers in the foodservice industry and to consumers as branded products. Raw sugar sales make up most of the company's revenue. Its biggest markets are South Africa, Zimbabwe, and Mozambique. The company also earns revenue by converting and developing land that it owns and has used for agricultural purposes. Additionally, the by-products from its manufacturing processes create renewable energy, which the company uses to supply electricity to the grid in some instances.

Tongaat Hulett (JSE:TON) Headlines

No Headlines