We Buy Cars Holding (JSE:WBC) EBIT: R1,339 Mil (TTM As of Mar. 2026)


JSE:WBC We Buy Cars Holding Ltd JSE:WBC
18 GF Score
Price R33.87
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What is We Buy Cars Holding EBIT?

We Buy Cars Holding JSE:WBC -1.74% 18 EBIT is R1,339 Mil as of Mar. 2026. GuruFocus rates JSE:WBC with a GF Score™ of 18/100.

We Buy Cars Holding's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was R723 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R1,339 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. We Buy Cars Holding's annualized ROC % for the quarter that ended in Mar. 2026 was 20.13%. We Buy Cars Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 30.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. We Buy Cars Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.04%.

We Buy Cars Holding  (JSE:WBC) EBIT Explanation

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

We Buy Cars Holding's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1402.176 * ( 1 - 23.15% )/( (4883.925 + 5823.728)/ 2 )
=1077.572256/5353.8265
=20.13 %

where

Invested Capital(Q: Sep. 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))
=5352.695 - 375.214 - ( 93.556 - max(0, 1514.478 - 3345.179+93.556))
=4883.925

Invested Capital(Q: Mar. 2026 )
=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))
=6370.772 - 393.73 - ( 153.314 - max(0, 1806.203 - 3819.726+153.314))
=5823.728

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

We Buy Cars Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1445.648/( ( (1863.38 + max(2590.72, 0)) + (2031.145 + max(3117.415, 0)) )/ 2 )
=1445.648/( ( 4454.1 + 5148.56 )/ 2 )
=1445.648/4801.33
=30.11 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(120.794 + 2965.323 + 163.755) - (375.214 + 0 + 283.938)
=2590.72

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(183.549 + 3331.91 + 150.953) - (393.73 + 0 + 155.267)
=3117.415

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

We Buy Cars Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1338.722/16652.157
=8.04 %

* 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.

We Buy Cars Holding EBIT Related Terms

We Buy Cars Holding EBIT Historical Data

* Premium members only.

The historical data trend for We Buy Cars Holding'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.

We Buy Cars Holding EBIT Chart

We Buy Cars Holding Annual Data
Trend Mar21 Sep23 Sep24 Sep25
EBIT
0.00 1,204.62 768.06 1,359.38

We Buy Cars Holding Semi-Annual Data
Mar21 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial 146.53 621.53 743.48 615.90 722.82

JSE:WBC vs CVNA, PAG, ALTB: EBIT Comparison

For the Auto & Truck Dealerships subindustry, We Buy Cars Holding'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.

We Buy Cars Holding EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, We Buy Cars Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where We Buy Cars Holding's EV-to-EBIT falls into.


JSE:WBC
18GF Score
We Buy Cars Holding Ltd JSE:WBC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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We Buy Cars Holding 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,339 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 R1,339 Mil mean?
We Buy Cars Holding (JSE:WBC) has a EBIT of R1,339 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on We Buy Cars Holding.
Is We Buy Cars Holding's EBIT too high?
We Buy Cars Holding's current EBIT is R1,339 Mil. Overall, We Buy Cars Holding has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does We Buy Cars Holding's EBIT compare to CVNA and PAG?
We Buy Cars Holding's EBIT of R1,339 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 We Buy Cars Holding. We Buy Cars Holding's current EBIT is R1,339 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is We Buy Cars Holding stock overvalued right now?
We Buy Cars Holding (JSE:WBC) has a current EBIT of R1,339 Mil. The current EBIT is R1,339 Mil. We Buy Cars Holding's overall GF Score™ is 18/100. 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 We Buy Cars Holding (JSE:WBC), the current EBIT is R1,339 Mil as of Mar. 2026. 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.

We Buy Cars Holding Business Description

Address 6 Byls Bridge Boulevard, Building 7, Byls Bridge Office Park, Centurion, GT, ZAF, 0046
We Buy Cars Holding Ltd is an automotive retailer focused on buying, reconditioning, and retail sales through both physical supermarkets and its digital platforms. The company's two reportable segments are: i) Buyer, distributor and retailer of pre-owned motor vehicles with the attendant sale of finance and insurance products and other ancillary products. ii) Property rental: Rental of warehouses to group companies. The majority of the company's revenue is derived from the Buyer, distributor and retailer of pre-owned motor vehicles segment.
18GF Score

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

R33.87
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