Jse (JSEJF) EBIT: $332.0 Mil (TTM As of Dec. 2025)


JSEJF Jse Ltd JSEJF
70 GF Score
Price $9.40
GF Value $7.72
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Jse EBIT?

Jse JSEJF 70 EBIT is $332.0 Mil as of Dec. 2025. GuruFocus rates JSEJF with a GF Score™ of 70/100 and a GF Value™ of $7.72 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Jse's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $177.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $332.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jse's annualized ROC % for the quarter that ended in Dec. 2025 was 1.28%. Jse's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1,508.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jse's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 53.61%.


Jse  (OTCPK:JSEJF) EBIT Explanation

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

Jse'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 )
=59.362 * ( 1 - 25.93% )/( (3042.423 + 3823.384)/ 2 )
=43.9694334/3432.9035
=1.28 %

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))
=3194.935 - 37.091 - ( 115.421 - max(0, 2933.597 - 3060.074+115.421))
=3042.423

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))
=4012.658 - 37.207 - ( 152.067 - max(0, 3698.498 - 3854.609+152.067))
=3823.384

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:

Jse'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 )
=355.21/( ( (16.987 + max(12.235, 0)) + (17.874 + max(-19.761, 0)) )/ 2 )
=355.21/( ( 29.222 + 17.874 )/ 2 )
=355.21/23.548
=1,508.45 %

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)
=(47.55 + 0 + 2897.103) - (37.091 + 0 + 2895.327)
=12.235

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.398 + 0 + 3659.943) - (37.207 + 0 + 3659.895)
=-19.761

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=331.989/619.314
=53.61 %

* 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.


Jse EBIT Related Terms


Jse EBIT Historical Data

* Premium members only.

The historical data trend for Jse'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.

Jse EBIT Chart

Jse Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.08 244.50 311.83 312.92 341.04

Jse 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 156.44 160.25 150.81 154.38 177.61

JSEJF vs SPGI, CME, ICE: EBIT Comparison

For the Financial Data & Stock Exchanges subindustry, Jse'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.


Jse EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jse's EV-to-EBIT distribution charts can be found below:

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


JSEJF
70GF Score
Jse Ltd JSEJF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Jse 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 $332.0 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 $332.0 Mil mean?
Jse (JSEJF) has a EBIT of $332.0 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Jse.
Is Jse's EBIT too high?
Jse's current EBIT is $332.0 Mil. Overall, Jse has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jse's EBIT compare to SPGI and CME?
Jse's EBIT of $332.0 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good EBIT depends on the Capital Markets 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 Jse. Jse's current EBIT is $332.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jse stock overvalued right now?
Based on GuruFocus' analysis, Jse (JSEJF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.72, compared to a current price of $9.40 — trading 21.8% above its estimated fair value. The current EBIT is $332.0 Mil. Jse's overall GF Score™ is 70/100 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 Jse (JSEJF), the current EBIT is $332.0 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 Jse (JSEJF) Overvalued in 2026?

Based on GuruFocus' analysis, Jse stock appears to be overvalued. The current stock price of $9.40 is trading 21.8% above its estimated GF Value™ of $7.72. GuruFocus considers Jse to be Modestly Overvalued.

Key valuation signals for JSEJF:

  • EBIT: $332.0 Mil
  • GF Value™: $7.72 vs. price of $9.40 (21.8% above fair value)
  • GF Score™: 70/100 with 7 warning signs

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


Jse Business Description

Other Exchanges JSE:South AfricaJF6:Germany
Address 2 Gwen Lane, One Exchange Square, Sandown, Johannesburg, ZAF, 2196
Jse Ltd is a critical service provider to South Africa's financial markets, providing regulated, transparent, and trusted platforms for financial transactions. It is a multi-asset class stock exchange that provides platforms for raising capital and trading in equities, bonds, derivatives, currencies, and commodities, while JSE Clear Proprietary Limited (JSE Clear) provides clearing services for listed derivatives. The Group generates maximum revenue from the provision of capital markets services (comprising primary market, equity trading, colocation fees, equity derivatives trading, etc.), and the rest from post-trade services, JSE Clear, information services, and other sources.
70GF Score

Get the complete analysis for JSEJF

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

$9.40
Price
$7.72
GF Value