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OK Zimbabwe (XZIM:OKZ.ZW) EBIT : ZWL34,526 Mil (TTM As of Sep. 2023)


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What is OK Zimbabwe EBIT?

OK Zimbabwe's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was ZWL56,212 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ZWL34,526 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OK Zimbabwe's annualized ROC % for the quarter that ended in Sep. 2023 was -27.80%. OK Zimbabwe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 46.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OK Zimbabwe's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 33.18%.


OK Zimbabwe EBIT Historical Data

The historical data trend for OK Zimbabwe'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.

OK Zimbabwe EBIT Chart

OK Zimbabwe Annual Data
Trend Mar09 Mar11 Mar12 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only 647.71 3,566.53 3,706.42 16,751.50 12,806.04

OK Zimbabwe Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 4,060.03 12,691.47 34,492.24 -21,686.20 56,211.90

Competitive Comparison of OK Zimbabwe's EBIT

For the Department Stores subindustry, OK Zimbabwe'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.


OK Zimbabwe's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, OK Zimbabwe's EV-to-EBIT distribution charts can be found below:

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



OK Zimbabwe 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWL34,526 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.


OK Zimbabwe  (XZIM:OKZ.ZW) EBIT Explanation

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

OK Zimbabwe's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-156915.164 * ( 1 - 51.12% )/( (97637.291 + 454236.532)/ 2 )
=-76700.1321632/275936.9115
=-27.80 %

where

Invested Capital(Q: Mar. 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))
=133353.692 - 40745.051 - ( 3122.751 - max(0, 52218.662 - 47190.012+3122.751))
=97637.291

Invested Capital(Q: Sep. 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))
=600656.768 - 174577.612 - ( 31499.519 - max(0, 220930.79 - 192773.414+31499.519))
=454236.532

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

OK Zimbabwe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=112423.808/( ( (82633.358 + max(62.311000000016, 0)) + (396605.932 + max(-38258.156, 0)) )/ 2 )
=112423.808/( ( 82695.669 + 396605.932 )/ 2 )
=112423.808/239650.8005
=46.91 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1106.892 + 34420 + 8193.078) - (40745.051 + 0 + 2912.608)
=62.311000000016

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(450.54 + 147601.767 + 13194.109) - (174577.612 + 0 + 24926.96)
=-38258.156

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=34525.702/104067.781
=33.18 %

* 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.


OK Zimbabwe EBIT Related Terms

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OK Zimbabwe (XZIM:OKZ.ZW) Business Description

Traded in Other Exchanges
N/A
Address
OK House, 7 Ramon Road, P.O. Box 3081, Graniteside, Harare, ZWE
OK Zimbabwe Ltd is a supermarket retailer in Zimbabwe. The company's business covers three categories including groceries, basic clothing and textiles, and houseware products. Its groceries category includes dry groceries, butchery, delicatessen, takeaway, bakery, provisions and fruit, and vegetable sections. The company trades its product under brand names, including OK Stores, Bon Marche Stores, and OKmart.

OK Zimbabwe (XZIM:OKZ.ZW) Headlines

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