GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » African Rainbow Capital Investments Ltd (JSE:AIL) » Definitions » EV-to-EBIT

African Rainbow Capital Investments (JSE:AIL) EV-to-EBIT : 2.48 (As of May. 26, 2024)


View and export this data going back to 2017. Start your Free Trial

What is African Rainbow Capital Investments EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, African Rainbow Capital Investments's Enterprise Value is R6,823 Mil. African Rainbow Capital Investments's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R2,756 Mil. Therefore, African Rainbow Capital Investments's EV-to-EBIT for today is 2.48.

The historical rank and industry rank for African Rainbow Capital Investments's EV-to-EBIT or its related term are showing as below:

JSE:AIL' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.48   Med: 6.16   Max: 11.74
Current: 2.48

During the past 7 years, the highest EV-to-EBIT of African Rainbow Capital Investments was 11.74. The lowest was 2.48. And the median was 6.16.

JSE:AIL's EV-to-EBIT is ranked better than
79.88% of 492 companies
in the Asset Management industry
Industry Median: 9.89 vs JSE:AIL: 2.48

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. African Rainbow Capital Investments's Enterprise Value for the quarter that ended in Dec. 2023 was R5,861 Mil. African Rainbow Capital Investments's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R2,756 Mil. African Rainbow Capital Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 47.03%.


African Rainbow Capital Investments EV-to-EBIT Historical Data

The historical data trend for African Rainbow Capital Investments's EV-to-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.

African Rainbow Capital Investments EV-to-EBIT Chart

African Rainbow Capital Investments Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial 18.48 26.48 5.98 6.10 4.11

African Rainbow Capital Investments Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-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 - 6.10 - 4.11 -

Competitive Comparison of African Rainbow Capital Investments's EV-to-EBIT

For the Asset Management subindustry, African Rainbow Capital Investments'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.


African Rainbow Capital Investments's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, African Rainbow Capital Investments's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where African Rainbow Capital Investments's EV-to-EBIT falls into.



African Rainbow Capital Investments EV-to-EBIT Calculation

African Rainbow Capital Investments's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6822.965/2756
=2.48

African Rainbow Capital Investments's current Enterprise Value is R6,823 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. African Rainbow Capital Investments's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R2,756 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.


African Rainbow Capital Investments  (JSE:AIL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

African Rainbow Capital Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=2756/5860.5417
=47.03 %

African Rainbow Capital Investments's Enterprise Value for the quarter that ended in Dec. 2023 was R5,861 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. African Rainbow Capital Investments's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R2,756 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.


African Rainbow Capital Investments EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of African Rainbow Capital Investments's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


African Rainbow Capital Investments (JSE:AIL) Business Description

Traded in Other Exchanges
N/A
Address
35 Cybercity, Level 3, Alexander House, Ebene, MUS, 72201
African Rainbow Capital Investments Ltd is an investment holding company. It offers shareholders long-term capital appreciation by indirectly investing in a diversified portfolio of unlisted and listed investments. The company invests in Telecommunications, Real Estate, Hospitality, Energy and Financial Services, and others.

African Rainbow Capital Investments (JSE:AIL) Headlines

No Headlines