Trustco Group Holdings (JSE:TTO) EBIT: R-68.91 Mil (TTM As of Feb. 2024)


JSE:TTO Trustco Group Holdings Ltd JSE:TTO
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What is Trustco Group Holdings EBIT?

Trustco Group Holdings JSE:TTO 11 EBIT is R-68.91 Mil as of Feb. 2024. GuruFocus rates JSE:TTO with a GF Score™ of 11/100.

Trustco Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Feb. 2024 was R200.74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was R-68.91 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trustco Group Holdings's annualized ROC % for the quarter that ended in Feb. 2024 was 4.11%. Trustco Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 5,360.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trustco Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -6.32%.


Trustco Group Holdings  (JSE:TTO) EBIT Explanation

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

Trustco Group Holdings'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 )
=141.818 * ( 1 - 0% )/( (3759.184 + 3145.97)/ 2 )
=141.818/3452.577
=4.11 %

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))
=3823.102 - 1771.73 - ( 10.986 - max(0, 2443.869 - 736.057+10.986))
=3759.184

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))
=3888.019 - 1855.623 - ( 16.978 - max(0, 1855.623 - 742.049+16.978))
=3145.97

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:

Trustco Group Holdings'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 )
=401.486/( ( (8.988 + max(-1746.762, 0)) + (5.992 + max(-1826.66, 0)) )/ 2 )
=401.486/( ( 8.988 + 5.992 )/ 2 )
=401.486/7.49
=5,360.29 %

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)
=(23.969 + 0 + 0.99900000000002) - (1771.73 + 0 + 0)
=-1746.762

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27.964 + 0 + 0.99900000000002) - (1855.623 + 0 + 0)
=-1826.66

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=-68.912/1090.395
=-6.32 %

* 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.


Trustco Group Holdings EBIT Related Terms


Trustco Group Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Trustco Group Holdings'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.

Trustco Group Holdings EBIT Chart

Trustco Group Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Aug22 Aug23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 426.13 714.55 964.75 1,535.03 -444.43

Trustco Group Holdings Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 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 1,405.20 129.83 -174.78 -269.66 200.74

JSE:TTO vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Trustco Group Holdings'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.


Trustco Group Holdings EV-to-EBIT vs Asset Management Industry

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

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


JSE:TTO
11GF Score
Trustco Group Holdings Ltd JSE:TTO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Trustco Group Holdings 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 R-68.91 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-68.91 Mil mean?
Trustco Group Holdings (JSE:TTO) has a EBIT of R-68.91 Mil as of Feb. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Trustco Group Holdings.
Is Trustco Group Holdings' EBIT too high?
Trustco Group Holdings' current EBIT is R-68.91 Mil. Overall, Trustco Group Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Trustco Group Holdings' EBIT compare to BLK and BX?
Trustco Group Holdings' EBIT of R-68.91 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good EBIT depends on the Asset Management 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 Trustco Group Holdings. Trustco Group Holdings's current EBIT is R-68.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trustco Group Holdings stock overvalued right now?
Trustco Group Holdings (JSE:TTO) has a current EBIT of R-68.91 Mil. The current EBIT is R-68.91 Mil. Trustco Group Holdings' overall GF Score™ is 11/100. 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 Trustco Group Holdings (JSE:TTO), the current EBIT is R-68.91 Mil as of Feb. 2024. 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.

Trustco Group Holdings Business Description

Address 2 Keller Street, Eros, P.O. Box 11363, Windhoek, NAM
Trustco Group Holdings Ltd engages in the provision of financial services. The company's operating segment includes Financial Services and Resources. The Financial Services portfolio earns income from insurance premiums, property sales, rental income, investment property activities, banking and finance activities, interest, fees, and commissions from customers, and tuition income. The Resources portfolio conducts mining operations in Namibia and Sierra Leone. The company earns maximum revenue through Micro-Finance.
11GF Score

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

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