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Conduit Capital (JSE:CND) EBIT : R-292.6 Mil (TTM As of Dec. 2021)


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What is Conduit Capital EBIT?

Conduit Capital's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2021 was R-69.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2021 was R-292.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Conduit Capital's annualized ROC % for the quarter that ended in Dec. 2021 was -23.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Conduit Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was 334.47%.


Conduit Capital EBIT Historical Data

The historical data trend for Conduit Capital'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.

Conduit Capital EBIT Chart

Conduit Capital Annual Data
Trend Aug12 Aug13 Aug14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -167.68 202.45 -703.50 -633.69 -273.75

Conduit Capital Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -344.69 -289.01 -50.97 -222.78 -69.79

Competitive Comparison of Conduit Capital's EBIT

For the Insurance - Diversified subindustry, Conduit Capital'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.


Conduit Capital's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Conduit Capital's EV-to-EBIT distribution charts can be found below:

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



Conduit Capital 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 Dec. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-292.6 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.


Conduit Capital  (JSE:CND) EBIT Explanation

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

Conduit Capital's annualized ROC % for the quarter that ended in Dec. 2021 is calculated as:

ROC % (Q: Dec. 2021 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2021 ) + Invested Capital (Q: Dec. 2021 ))/ count )
=-139.574 * ( 1 - -1.95% )/( (623.3324 + 593.0745)/ 2 )
=-142.295693/608.20345
=-23.40 %

where

Invested Capital(Q: Jun. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=1408.844 - 648.75 - ( 158.77 - 5% * 440.168 )
=623.3324

Invested Capital(Q: Dec. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=1463.231 - 716.702 - ( 179.323 - 5% * 517.37 )
=593.0745

Note: The EBIT data used here is two times the semi-annual (Dec. 2021) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

Conduit Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2021 )
=-292.564/-87.470
=334.47 %

* 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.


Conduit Capital EBIT Related Terms

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Conduit Capital (JSE:CND) Business Description

Traded in Other Exchanges
N/A
Address
2 Bruton Road, Building B, Nicol Main Office Park, Bryanston, Sandton, ZAF, 2191
Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. It serves in two segments: Insurance and Risk, and Investment . The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, and Motor.