East African Cables (NAI:CABL) EBIT: KES-118 Mil (TTM As of Dec. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NAI:CABL East African Cables Ltd NAI:CABL
10 GF Score
Price KES1.71
View Full Analysis

What is East African Cables EBIT?

East African Cables NAI:CABL 10 EBIT is KES-118 Mil as of Dec. 2024. GuruFocus rates NAI:CABL with a GF Score™ of 10/100.

East African Cables's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was KES0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was KES-118 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. East African Cables's annualized ROC % for the quarter that ended in Dec. 2024 was 0.00%. East African Cables's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. East African Cables's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -3.21%.


East African Cables  (NAI:CABL) EBIT Explanation

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

East African Cables's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=0 * ( 1 - 0% )/( (6588.187 + 6292.076)/ 2 )
=0/6440.1315
=0.00 %

where

Invested Capital(Q: Dec. 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))
=5408.291 - 1457.693 - ( 105.259 - max(0, 3549.595 - 912.006+105.259))
=6588.187

Invested Capital(Q: Dec. 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))
=4784.936 - 1170.346 - ( 42.72 - max(0, 3444.476 - 766.99+42.72))
=6292.076

Note: The Operating Income data used here is two times the semi-annual (Dec. 2024) data.

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

East African Cables's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (4237.069 + max(-658.75, 0)) + (3798.589 + max(-450.879, 0)) )/ 2 )
=0/( ( 4237.069 + 3798.589 )/ 2 )
=0/4017.829
=0.00 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(323.581 + 441.076 + 34.286) - (1457.693 + 0 + -4.5474735088646E-13)
=-658.75

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(271.013 + 417.718 + 30.736) - (1170.346 + 0 + 0)
=-450.879

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

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

East African Cables's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-117.897/3672.547
=-3.21 %

* 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.


East African Cables EBIT Related Terms


East African Cables EBIT Historical Data

* Premium members only.

The historical data trend for East African Cables'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.

East African Cables EBIT Chart

East African Cables Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -218.25 -83.37 31.24 -117.90 -53.48

East African Cables Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Dec24
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 -109.07 140.30 -102.08 -15.82 0.00

NAI:CABL vs VRT, HUBB, NVT: EBIT Comparison

For the Electrical Equipment & Parts subindustry, East African Cables'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.


East African Cables EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, East African Cables's EV-to-EBIT distribution charts can be found below:

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


NAI:CABL
10GF Score
East African Cables Ltd NAI:CABL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

East African Cables 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was KES-118 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 KES-118 Mil mean?
East African Cables (NAI:CABL) has a EBIT of KES-118 Mil as of Dec. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on East African Cables.
Is East African Cables' EBIT too high?
East African Cables' current EBIT is KES-118 Mil. Overall, East African Cables has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does East African Cables' EBIT compare to VRT and HUBB?
East African Cables' EBIT of KES-118 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good EBIT depends on the Industrial Products 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 East African Cables. East African Cables's current EBIT is KES-118 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East African Cables stock overvalued right now?
East African Cables (NAI:CABL) has a current EBIT of KES-118 Mil. The current EBIT is KES-118 Mil. East African Cables' overall GF Score™ is 10/100. 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 East African Cables (NAI:CABL), the current EBIT is KES-118 Mil as of Dec. 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.

East African Cables Business Description

Address Addis Ababa Road, Industrial Area, P.O. Box 18243, Nairobi, KEN, 00500
East African Cables Ltd manufactures a range of cables and conductors for applications in domestic and industrial lighting, transmission, and distribution of electricity. Its product portfolio comprises house wiring cables, flexible cables, armoured (underground) cables, auto and battery cables, electrical accessories, data and telecommunication cables, and others. The company has three reportable segments, which are its geographic locations, and include Kenya, Uganda, and Tanzania. The majority of the company's revenue is generated from Kenya and Uganda.
10GF Score

Get the complete analysis for NAI:CABL

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

KES1.71
Price