Wilson Bayly Holmes-Ovcon (JSE:WBO) Net Income: R1,211 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:WBO Wilson Bayly Holmes-Ovcon Ltd JSE:WBO
81 GF Score
Price R144.13
GF Value R172.61
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Wilson Bayly Holmes-Ovcon Net Income?

Wilson Bayly Holmes-Ovcon JSE:WBO +2.02% 81 Net Income is R1,211 Mil as of Jun. 2026. GuruFocus rates JSE:WBO with a GF Score™ of 81/100 and a GF Value™ of R172.61 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Wilson Bayly Holmes-Ovcon's Net Income for the six months ended in Jun. 2026 was R650 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was R1,211 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Wilson Bayly Holmes-Ovcon's Earnings per Share (Diluted) for the six months ended in Jun. 2026 was R12.02.


Wilson Bayly Holmes-Ovcon  (JSE:WBO) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Wilson Bayly Holmes-Ovcon's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Wilson Bayly Holmes-Ovcon Net Income Related Terms


Wilson Bayly Holmes-Ovcon Net Income Historical Data

* Premium members only.

The historical data trend for Wilson Bayly Holmes-Ovcon's Net Income 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.

Wilson Bayly Holmes-Ovcon Net Income Chart

Wilson Bayly Holmes-Ovcon Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,160.29 790.18 968.16 1,241.67 1,210.71

Wilson Bayly Holmes-Ovcon Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Net Income 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 490.75 572.03 669.64 560.47 650.25
JSE:WBO
81GF Score
Wilson Bayly Holmes-Ovcon Ltd JSE:WBO
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wilson Bayly Holmes-Ovcon Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Wilson Bayly Holmes-Ovcon's Net Income for the fiscal year that ended in Jun. 2026 is calculated as

Net Income(A: Jun. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1680.588+-434.693+17.411+-52.594
=1,211

Wilson Bayly Holmes-Ovcon's Net Income for the quarter that ended in Jun. 2026 is calculated as

Net Income(Q: Jun. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=874.424+-213.69+17.411+-27.9
=650

Net Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,211 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 Net Income →
What does a Net Income of R1,211 Mil mean?
Wilson Bayly Holmes-Ovcon (JSE:WBO) has a Net Income of R1,211 Mil as of Jun. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Wilson Bayly Holmes-Ovcon and its competitors.
Is Wilson Bayly Holmes-Ovcon's Net Income too high?
Wilson Bayly Holmes-Ovcon's current Net Income is R1,211 Mil. Overall, Wilson Bayly Holmes-Ovcon has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wilson Bayly Holmes-Ovcon's Net Income compare to PWR and FIX?
Wilson Bayly Holmes-Ovcon's Net Income of R1,211 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Construction company?
A good Net Income depends on the Construction industry context. However, Net Income 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 Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Wilson Bayly Holmes-Ovcon and its competitors. Wilson Bayly Holmes-Ovcon's current Net Income is R1,211 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wilson Bayly Holmes-Ovcon stock overvalued right now?
Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon (JSE:WBO) is currently considered Modestly Undervalued. The stock's GF Value™ is R172.61, compared to a current price of R144.13 — trading 16.5% below its estimated fair value. The current Net Income is R1,211 Mil. Wilson Bayly Holmes-Ovcon's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Wilson Bayly Holmes-Ovcon (JSE:WBO), the current Net Income is R1,211 Mil as of Jun. 2026. 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 Wilson Bayly Holmes-Ovcon (JSE:WBO) Overvalued in 2026?

Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon stock appears to be undervalued. The current stock price of R144.13 is trading 16.5% below its estimated GF Value™ of R172.61. GuruFocus considers Wilson Bayly Holmes-Ovcon to be Modestly Undervalued.

Key valuation signals for JSE:WBO:

  • Net Income: R1,211 Mil
  • GF Value™: R172.61 vs. price of R144.13 (16.5% below fair value)
  • GF Score™: 81/100 with 2 warning signs

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


Wilson Bayly Holmes-Ovcon Business Description

Other Exchanges WQ9:Germany
Address 53 Andries Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2090
Wilson Bayly Holmes-Ovcon Ltd is a South Africa-based construction company. The company's business activities encompass designing, construction, and procurement, as well as civil engineering, works for large-scale public and private projects, roads and earthworks projects, and turnkey projects. The company also provides construction materials, real estate development, and other services. Its customers predominantly come from the retail, residential, hotel and entertainment, infrastructure, mining, energy, and oil and gas sectors. Its segment include: Building and civil Engineering, Roads and earthworks, Property developments, Construction materials, and United Kingdom. It operates in South Africa, United Kingdom and Rest of Africa, of which maximum revenue is generated from South Africa.
81GF Score

Get the complete analysis for JSE:WBO

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

R144.13
Price
R172.61
GF Value