Kumba Iron Ore (STU:KUI) EBIT: €1,349 Mil (TTM As of Dec. 2025)


STU:KUI Kumba Iron Ore Ltd STU:KUI
76 GF Score
Price €15.40
GF Value €18.40
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Kumba Iron Ore EBIT?

Kumba Iron Ore STU:KUI -1.28% 76 EBIT is €1,349 Mil as of Dec. 2025. GuruFocus rates STU:KUI with a GF Score™ of 76/100 and a GF Value™ of €18.40 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Kumba Iron Ore's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €696 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €1,349 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kumba Iron Ore's annualized ROC % for the quarter that ended in Dec. 2025 was 25.44%. Kumba Iron Ore's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 43.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kumba Iron Ore's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.87%.

Kumba Iron Ore  (STU:KUI) EBIT Explanation

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

Kumba Iron Ore'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 )
=1285.818 * ( 1 - 24.38% )/( (3619.158 + 4023.963)/ 2 )
=972.3355716/3821.5605
=25.44 %

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))
=4775.073 - 465.032 - ( 690.883 - max(0, 500.89 - 1523.641+690.883))
=3619.158

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))
=5261.43 - 567.111 - ( 670.356 - max(0, 658.738 - 1619.245+670.356))
=4023.963

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:

Kumba Iron Ore'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 )
=1391.244/( ( (2771.269 + max(337.56, 0)) + (3051.381 + max(269.502, 0)) )/ 2 )
=1391.244/( ( 3108.829 + 3320.883 )/ 2 )
=1391.244/3214.856
=43.28 %

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)
=(261.319 + 462.648 + 108.791) - (465.032 + 0 + 30.166)
=337.56

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(91.728 + 491.517 + 340.226) - (567.111 + 0 + 86.858)
=269.502

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:

Kumba Iron Ore's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1348.944/5215.221
=25.87 %

* 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.

Kumba Iron Ore EBIT Related Terms

Kumba Iron Ore EBIT Historical Data

* Premium members only.

The historical data trend for Kumba Iron Ore'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.

Kumba Iron Ore EBIT Chart

Kumba Iron Ore 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 3,357.37 1,489.04 2,035.70 1,423.73 1,376.89

Kumba Iron Ore 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 1,158.55 670.95 726.02 653.32 695.62

STU:KUI vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Kumba Iron Ore'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.

Kumba Iron Ore EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Kumba Iron Ore's EV-to-EBIT distribution charts can be found below:

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


STU:KUI
76GF Score
Kumba Iron Ore Ltd STU:KUI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Kumba Iron Ore 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 €1,349 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 €1,349 Mil mean?
Kumba Iron Ore (STU:KUI) has a EBIT of €1,349 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kumba Iron Ore.
Is Kumba Iron Ore's EBIT too high?
Kumba Iron Ore's current EBIT is €1,349 Mil. Overall, Kumba Iron Ore has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kumba Iron Ore's EBIT compare to NUE and STLD?
Kumba Iron Ore's EBIT of €1,349 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Kumba Iron Ore. Kumba Iron Ore's current EBIT is €1,349 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumba Iron Ore stock overvalued right now?
Based on GuruFocus' analysis, Kumba Iron Ore (STU:KUI) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.40, compared to a current price of €15.40 — trading 16.3% below its estimated fair value. The current EBIT is €1,349 Mil. Kumba Iron Ore's overall GF Score™ is 76/100 with 5 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 Kumba Iron Ore (STU:KUI), the current EBIT is €1,349 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 Kumba Iron Ore (STU:KUI) Overvalued in 2026?

Based on GuruFocus' analysis, Kumba Iron Ore stock appears to be undervalued. The current stock price of €15.40 is trading 16.3% below its estimated GF Value™ of €18.40. GuruFocus considers Kumba Iron Ore to be Modestly Undervalued.

Key valuation signals for STU:KUI:

  • EBIT: €1,349 Mil
  • GF Value™: €18.40 vs. price of €15.40 (16.3% below fair value)
  • GF Score™: 76/100 with 5 warning signs

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

Kumba Iron Ore Business Description

Address 144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing, blending, and sale of iron ore to the steel industry. The company operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake in, located near the town of Kathu in the Northern Cape Province. The Sishen mine is opencast and produces the bulk of the group's iron ore, which is exported. It also holds an interest in the Kolomela mine. The company also generates revenue from Shipping operations. The majority of the company's revenue is generated from its products.
76GF Score

Get the complete analysis for STU:KUI

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

€15.40
Price
€18.40
GF Value