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We Buy Cars Holding (JSE:WBC) EBIT : R Mil (TTM As of Sep. 2024)


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What is We Buy Cars Holding EBIT?

We Buy Cars Holding's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was R768 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 Sep. 2024 was 17.95%. We Buy Cars Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 21.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


We Buy Cars Holding EBIT Historical Data

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.

* Premium members only.

We Buy Cars Holding EBIT Chart

We Buy Cars Holding Annual Data
Trend Mar21 Sep23 Sep24
EBIT
- 1,204.62 768.06

We Buy Cars Holding Semi-Annual Data
Mar21 Sep23 Sep24
EBIT - 1,204.62 768.06

Competitive Comparison of We Buy Cars Holding's EBIT

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's EV-to-EBIT Distribution in the 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.



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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was R 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.


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 Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1206.935 * ( 1 - 43.76% )/( (3826.219 + 3735.964)/ 2 )
=678.780244/3781.0915
=17.95 %

where

Invested Capital(Q: Sep. 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))
=4257.444 - 267.063 - ( 164.162 - max(0, 862.092 - 2867.789+164.162))
=3826.219

Invested Capital(Q: Sep. 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))
=4186.861 - 244.434 - ( 206.463 - max(0, 903.511 - 2819.489+206.463))
=3735.964

Note: The Operating Income data used here is one times the annual (Sep. 2024) 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 Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=768.063/( ( (1280.112 + max(2321.604, 0)) + (1270.411 + max(2199.148, 0)) )/ 2 )
=768.063/( ( 3601.716 + 3469.559 )/ 2 )
=768.063/3535.6375
=21.72 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.502 + 2186.891 + 469.713) - (267.063 + 0 + 113.439)
=2321.604

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(89.897 + 2465 + 56.468) - (244.434 + 0 + 167.783)
=2199.148

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Sep. 2024) 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: Sep. 2024 )
=/18670.433
= %

* 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

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We Buy Cars Holding Business Description

Traded in Other Exchanges
N/A
Address
6 Byls Bridge Boulevard, Building 7, Byls Bridge Office Park, Centurion, GT, ZAF, 0046
We Buy Cars Holding Ltd is engaged in vehicle buying service. The company's offering extends beyond the buying and selling of vehicles. It offers finance solutions, insurance products, and services to protect the customer's car. It generates the majority of its revenue from the sale of motor vehicles.