Transpaco (JSE:TPC) EBIT: R209 Mil (TTM As of Dec. 2025)


JSE:TPC Transpaco Ltd JSE:TPC
83 GF Score
Price R42.00
GF Value R35.38
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Transpaco EBIT?

Transpaco JSE:TPC 83 EBIT is R209 Mil as of Dec. 2025. GuruFocus rates JSE:TPC with a GF Score™ of 83/100 and a GF Value™ of R35.38 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Transpaco's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was R106 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was R209 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Transpaco's annualized ROC % for the quarter that ended in Dec. 2025 was 13.08%. Transpaco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 21.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Transpaco's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.88%.


Transpaco  (JSE:TPC) EBIT Explanation

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

Transpaco's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=204.732 * ( 1 - 27.18% )/( (1165.213 + 1114.614)/ 2 )
=149.0858424/1139.9135
=13.08 %

where

Invested Capital(Q: Jun. 2025 )
=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))
=1532.019 - 211.222 - ( 155.584 - max(0, 356.187 - 817.114+155.584))
=1165.213

Invested Capital(Q: Dec. 2025 )
=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))
=1548.486 - 324.226 - ( 109.646 - max(0, 360.617 - 839.514+109.646))
=1114.614

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Transpaco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=211.932/( ( (614.886 + max(335.703, 0)) + (611.786 + max(405.584, 0)) )/ 2 )
=211.932/( ( 950.589 + 1017.37 )/ 2 )
=211.932/983.9795
=21.54 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(328.925 + 292.446 + 32.788) - (211.222 + 0 + 107.234)
=335.703

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(466.811 + 261.937 + 1.12) - (324.226 + 0 + 0.05800000000005)
=405.584

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=208.625/1235.575
=16.88 %

* 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.


Transpaco EBIT Related Terms


Transpaco EBIT Historical Data

* Premium members only.

The historical data trend for Transpaco'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.

Transpaco EBIT Chart

Transpaco Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166.32 225.41 257.80 223.59 216.31

Transpaco Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 130.75 92.84 113.65 102.66 105.97

JSE:TPC vs SW, PKG, AMCR: EBIT Comparison

For the Packaging & Containers subindustry, Transpaco'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.


Transpaco EV-to-EBIT vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Transpaco's EV-to-EBIT distribution charts can be found below:

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


JSE:TPC
83GF Score
Transpaco Ltd JSE:TPC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transpaco 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R209 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 R209 Mil mean?
Transpaco (JSE:TPC) has a EBIT of R209 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Transpaco.
Is Transpaco's EBIT too high?
Transpaco's current EBIT is R209 Mil. Overall, Transpaco has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transpaco's EBIT compare to SW and PKG?
Transpaco's EBIT of R209 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good EBIT depends on the Packaging & Containers 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 Transpaco. Transpaco's current EBIT is R209 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transpaco stock overvalued right now?
Based on GuruFocus' analysis, Transpaco (JSE:TPC) is currently considered Modestly Overvalued. The stock's GF Value™ is R35.38, compared to a current price of R42.00 — trading 18.7% above its estimated fair value. The current EBIT is R209 Mil. Transpaco's overall GF Score™ is 83/100 with 7 warning signs to review. 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 Transpaco (JSE:TPC), the current EBIT is R209 Mil as of Dec. 2025. 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.

Is Transpaco (JSE:TPC) Overvalued in 2026?

Based on GuruFocus' analysis, Transpaco stock appears to be overvalued. The current stock price of R42.00 is trading 18.7% above its estimated GF Value™ of R35.38. GuruFocus considers Transpaco to be Modestly Overvalued.

Key valuation signals for JSE:TPC:

  • EBIT: R209 Mil
  • GF Value™: R35.38 vs. price of R42.00 (18.7% above fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the JSE:TPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transpaco Business Description

Address 331 - 6th Street, PO Box 39601, Bramley, 2018, Wynberg, Sandton, Johannesburg, GT, ZAF, 2090
Transpaco Ltd is a manufacturer, recycler, and distributor of paper and plastic packaging products. It operates in three business segments: Plastics Products, Paper and Board Products, and Property and Group Services. The company generates maximum revenue from the Plastic products segment. Its Plastic products segment manufactures flexible plastic packaging solutions. Some of its products include Retail vest-type plastic bags; Refuse bags; Tubing and sheeting; Scholastic stationery; Heavy duty cores; Yarn cores; Conical containers; Stretch film and others.
83GF Score

Get the complete analysis for JSE:TPC

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R42.00
Price
R35.38
GF Value