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Afrocentric Investment (JSE:ACT) EBIT per Share : R0.67 (TTM As of Dec. 2023)


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What is Afrocentric Investment EBIT per Share?

Afrocentric Investment's EBIT per Share for the six months ended in Dec. 2023 was R0.32. Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R0.67.

During the past 12 months, the average EBIT per Share Growth Rate of Afrocentric Investment was 62.40% per year. During the past 3 years, the average EBIT per Share Growth Rate was -6.80% per year. During the past 5 years, the average EBIT per Share Growth Rate was 12.10% per year. During the past 10 years, the average EBIT per Share Growth Rate was 16.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Afrocentric Investment's EBIT per Share or its related term are showing as below:

JSE:ACT' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -6.8   Med: 14.55   Max: 57.1
Current: -6.8

During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Afrocentric Investment was 57.10% per year. The lowest was -6.80% per year. And the median was 14.55% per year.

JSE:ACT's 3-Year EBIT Growth Rate is ranked worse than
73.53% of 510 companies
in the Healthcare Providers & Services industry
Industry Median: 8.65 vs JSE:ACT: -6.80

Afrocentric Investment's EBIT for the six months ended in Dec. 2023 was R270 Mil.


Afrocentric Investment EBIT per Share Historical Data

The historical data trend for Afrocentric Investment's EBIT per Share 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.

Afrocentric Investment EBIT per Share Chart

Afrocentric Investment Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 1.18 1.28 1.25 0.82

Afrocentric Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT per Share 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 0.61 0.63 0.47 0.35 0.32

Afrocentric Investment EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Afrocentric Investment's EBIT per Share for the fiscal year that ended in Jun. 2023 is calculated as

EBIT per Share(A: Jun. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=507.627/620.634
=0.82

Afrocentric Investment's EBIT per Share for the quarter that ended in Dec. 2023 is calculated as

EBIT per Share(Q: Dec. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=270.421/845.834
=0.32

EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.67

* 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.


Afrocentric Investment  (JSE:ACT) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.


Afrocentric Investment EBIT per Share Related Terms

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Afrocentric Investment (JSE:ACT) Business Description

Traded in Other Exchanges
N/A
Address
37 Conrad Road, Florida North, Roodepoort, ZAF, 1709
Afrocentric Investment Corp Ltd is a black-owned investment holding company with an investment portfolio focused on services to the healthcare sector. It seeks to invest in healthcare-related businesses that demonstrate prospects for growth as well as diversify its revenue sources while contributing to the sustainable health and welfare of South African communities. The company provides health administration and health risk management solutions to the healthcare industry. It also provides a range of complementary services to its traditional medical scheme clients and a portfolio of healthcare-related enterprises. These services include information technology solutions, transactional switching, specialized disease management, pharmaceutical wholesaling, amongst others.

Afrocentric Investment (JSE:ACT) Headlines

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