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Unifreight Africa (XZIM:UNIF.ZW) EBIT : ZWG15,495 Mil (TTM As of Dec. 2023)


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What is Unifreight Africa EBIT?

Unifreight Africa's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was ZWG15,495 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ZWG15,495 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Unifreight Africa's annualized ROC % for the quarter that ended in Dec. 2023 was 12.13%. Unifreight Africa's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 111.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Unifreight Africa's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 78.56%.


Unifreight Africa EBIT Historical Data

The historical data trend for Unifreight Africa'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.

Unifreight Africa EBIT Chart

Unifreight Africa Annual Data
Trend Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 33.07 -6.07 91.34 960.09 15,495.20

Unifreight Africa Semi-Annual Data
Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only 33.07 -6.07 91.34 960.09 15,495.20

Competitive Comparison of Unifreight Africa's EBIT

For the Railroads subindustry, Unifreight Africa'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.


Unifreight Africa's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Unifreight Africa's EV-to-EBIT distribution charts can be found below:

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


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Unifreight Africa 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 ZWG15,495 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.


Unifreight Africa  (XZIM:UNIF.ZW) EBIT Explanation

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

Unifreight Africa'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 )
=2637.433 * ( 1 - 21.47% )/( (7333.343 + 26828.98)/ 2 )
=2071.1761349/17081.1615
=12.13 %

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))
=8146.514 - 730.865 - ( 82.306 - max(0, 1705.345 - 3708.302+82.306))
=7333.343

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))
=29707.827 - 2119.852 - ( 758.995 - max(0, 3485.86 - 5114.757+758.995))
=26828.98

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

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

Unifreight Africa'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 )
=15495.196/( ( (2484.537 + max(2861.968, 0)) + (20396.916 + max(1984.261, 0)) )/ 2 )
=15495.196/( ( 5346.505 + 22381.177 )/ 2 )
=15495.196/13863.841
=111.77 %

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)
=(876.357 + 278.806 + 2437.67) - (730.865 + 0 + 0)
=2861.968

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2359.529 + 1743.17 + 1.4139999999998) - (2119.852 + 0 + 4.5474735088646E-13)
=1984.261

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:

Unifreight Africa's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=15495.196/19724.352
=78.56 %

* 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.


Unifreight Africa EBIT Related Terms

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Unifreight Africa Business Description

Traded in Other Exchanges
N/A
Address
Corner Orme/Willow Roads, Southerton, Harare, ZWE
Unifreight Africa Ltd is a Zimbabwe-based transport company. It is involved in the road transport industry whose main activities include inter-city freight consolidations, the distribution of general goods, and a courier service. The company's brands include Swift Transport, Bulwark Transport, and SkyNet Worldwide Express. Its operating divisions include Transport and Courier; Dedicated and Specialised and International distribution logistics. It operates in two segments namely Transport and Logistics solution and Investment property. The company generates maximum revenue from Transport and Logistics segment. Geographically, it derives revenue from Zimbabwe.

Unifreight Africa Headlines

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