Jamaica Stock Exchange (XJAM:JSE) EBIT: JMD692 Mil (TTM As of Dec. 2023)

What is Jamaica Stock Exchange EBIT?

Jamaica Stock Exchange XJAM:JSE -0.50% 22 EBIT is JMD692 Mil as of Dec. 2023. GuruFocus rates XJAM:JSE with a GF Score™ of 22/100.

Jamaica Stock Exchange's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was JMD692 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was JMD692 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jamaica Stock Exchange's annualized ROC % for the quarter that ended in Dec. 2023 was 17.60%. Jamaica Stock Exchange's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 52.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jamaica Stock Exchange's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.08%.

Jamaica Stock Exchange (XJAM:JSE) EBIT Explanation

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

Jamaica Stock Exchange's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	692.134 * ( 1 - 39.09% )	/	( (2158.403	+	2632.774)	/ 2 )
=	421.5788194	/	2395.5885
=	17.60 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	2607.546	-	121.618	-	( 327.525	-	max(0, 220.522	-	893.526	+	327.525	))
=	2158.403

	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	))
=	3058.344	-	128.131	-	( 297.439	-	max(0, 227.786	-	1074.736	+	297.439	))
=	2632.774

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

Jamaica Stock Exchange's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	692.134	/	( ( (1110.92 + max(40.887, 0))	+	(1345.918 + max(126.402, 0)) )	/	2 )
=	692.134	/	( ( 1151.807	+	1472.32 )	/	2 )
=	692.134	/	1312.0635
=	52.75 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(194.511	+	0	+	66.898)	-	(121.618	+	0	+	98.904)
=	40.887

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(286.984	+	0	+	67.204)	-	(128.131	+	0	+	99.655)
=	126.402

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

Jamaica Stock Exchange's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	692.134	/	7619.674
	=	9.08 %

* 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.

Jamaica Stock Exchange EBIT Related Terms

Jamaica Stock Exchange EBIT Historical Data

* Premium members only.

The historical data trend for Jamaica Stock Exchange's EBIT can be seen below:

Jamaica Stock Exchange EBIT Chart

Jamaica Stock Exchange Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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797.97

629.45

717.35

760.02

692.13

Jamaica Stock Exchange Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
EBIT	Get a 7-Day Free Trial										797.97	629.45	717.35	760.02	692.13

XJAM:JSE vs SPGI, ICE, CME: EBIT Comparison

For the Financial Data & Stock Exchanges subindustry, Jamaica Stock Exchange'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.

Jamaica Stock Exchange EV-to-EBIT vs Capital Markets Industry

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

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

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22GF Score

Jamaica Stock Exchange Ltd XJAM:JSE

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Jamaica Stock Exchange 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 Dec. 2023 was JMD692 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of JMD692 Mil mean?

Jamaica Stock Exchange (XJAM:JSE) has a EBIT of JMD692 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Jamaica Stock Exchange.

Is Jamaica Stock Exchange's EBIT too high?

Jamaica Stock Exchange's current EBIT is JMD692 Mil. Overall, Jamaica Stock Exchange has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.

How does Jamaica Stock Exchange's EBIT compare to SPGI and ICE?

Jamaica Stock Exchange's EBIT of JMD692 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 Jamaica Stock Exchange. Jamaica Stock Exchange's current EBIT is JMD692 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Jamaica Stock Exchange stock overvalued right now?

Jamaica Stock Exchange (XJAM:JSE) has a current EBIT of JMD692 Mil. The current EBIT is JMD692 Mil. Jamaica Stock Exchange's overall GF Score™ is 22/100. 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 Jamaica Stock Exchange (XJAM:JSE), the current EBIT is JMD692 Mil as of Dec. 2023. 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.

Jamaica Stock Exchange Business Description

Industry Financial Services Capital Markets

Comparable Companies XJAM:MGL XJAM:SCIJMD XJAM:SELECTMD XJAM:SIL XJAM:JMMBGL SPGI ICE CME MCO COIN HKSE:00388 SZSE:300059 LSE:LSEG NDAQ XTER:DB1 MSCI CBOE TRU XPAR:ENX FDS

Address 40 Harbour Street, P.O. Box 1084, Kingston, JAM

Website https://www.jamstockex.com

Jamaica Stock Exchange Ltd operates and regulates a stock exchange and develops a stock market in Jamaica. Through its subsidiary, the company is also establishing and maintaining a Central Securities Depository in Jamaica to facilitate the transfer of ownership of securities. Its operating segments are Exchange operations; JCSD services; Investments; and Trustee, custodian, company management, and other activities. It derives a portion of the revenue from the Exchange operations involving the Stock exchange's operation and regulation. Another critical revenue source is from JCSD services provided in connection with transferring and holding securities, shares, stocks, bonds, debentures, and registrar services. The firm's operations are in Jamaica.

22GF Score

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JMD9.94

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