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East African Breweries (NAI:EABL) EBIT : KES24,734 Mil (TTM As of Jun. 2024)


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What is East African Breweries EBIT?

East African Breweries's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was KES24,734 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was KES24,734 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. East African Breweries's annualized ROC % for the quarter that ended in Jun. 2024 was 19.31%. East African Breweries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 30.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. East African Breweries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 14.11%.


East African Breweries EBIT Historical Data

The historical data trend for East African Breweries'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.

East African Breweries EBIT Chart

East African Breweries Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,577.11 14,897.72 28,352.84 24,191.60 24,733.65

East African Breweries Semi-Annual Data
Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
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 14,577.11 14,897.72 28,352.84 24,191.60 24,733.65

Competitive Comparison of East African Breweries's EBIT

For the Beverages - Brewers subindustry, East African Breweries'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 Breweries's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, East African Breweries's EV-to-EBIT distribution charts can be found below:

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



East African Breweries 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 Jun. 2024 was KES24,734 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.


East African Breweries  (NAI:EABL) EBIT Explanation

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

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

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=29139.815 * ( 1 - 35.18% )/( (102786.317 + 92823.714)/ 2 )
=18888.428083/97805.0155
=19.31 %

where

Invested Capital(Q: Jun. 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))
=132593.187 - 28259.889 - ( 10252.628 - max(0, 41890.816 - 43437.797+10252.628))
=102786.317

Invested Capital(Q: Jun. 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))
=124246.554 - 25988.61 - ( 11716.429 - max(0, 36139.02 - 41573.25+11716.429))
=92823.714

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

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

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

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=24733.645/( ( (84063.182 + max(-554.61400000001, 0)) + (78308.065 + max(-2072.252, 0)) )/ 2 )
=24733.645/( ( 84063.182 + 78308.065 )/ 2 )
=24733.645/81185.6235
=30.47 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7905.743 + 15608.384 + 6956.382) - (28259.889 + 0 + 2765.234)
=-554.61400000001

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8664.825 + 12629.867 + 5494.242) - (25988.61 + 0 + 2872.576)
=-2072.252

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=24733.645/175325.048
=14.11 %

* 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 Breweries EBIT Related Terms

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East African Breweries Business Description

Traded in Other Exchanges
N/A
Address
Corporate Centre, Block A, 5th Floor, P.O. Box 30161, Garden City Business Park, Ruaraka, Nairobi, KEN, 00100
East African Breweries PLC is a branded alcohol beverage company. The firm and its subsidiaries are involved in the marketing, production, and distribution of a collection of brands that range from beer, spirits, and adult non-alcoholic drinks. The company has invested in breweries, distilleries, support industries, and a distribution network across the region. The firm derives its revenue mainly from brewing, marketing, and selling of drinks, malt and barley. Its geographical segments include Kenya, Uganda, and Tanzania, of which the majority of the revenue is generated from Kenya.

East African Breweries Headlines

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