GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sanlam Ltd (STU:LA6A) » Definitions » EBIT

Sanlam (STU:LA6A) EBIT : €1,093 Mil (TTM As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Sanlam EBIT?

Sanlam's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €612 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €1,093 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sanlam's annualized ROC % for the quarter that ended in Dec. 2023 was 2.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sanlam's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 17.24%.


Sanlam EBIT Historical Data

The historical data trend for Sanlam'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.

Sanlam EBIT Chart

Sanlam Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,018.77 345.66 1,967.24 904.12 1,092.56

Sanlam Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,582.09 348.09 586.23 481.28 611.54

Competitive Comparison of Sanlam's EBIT

For the Insurance - Life subindustry, Sanlam'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.


Sanlam's EV-to-EBIT Distribution in the Insurance Industry

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

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



Sanlam 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1,093 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.


Sanlam  (STU:LA6A) EBIT Explanation

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

Sanlam's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1223.074 * ( 1 - 19.83% )/( (47301.5392 + 46094.45525)/ 2 )
=980.5384258/46697.997225
=2.10 %

where

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=51571.803 - 2828.167 - ( 1698.89 - 5% * 5135.864 )
=47301.5392

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=48744.391 - 1611.177 - ( 1271.156 - 5% * 4647.945 )
=46094.45525

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) 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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1092.812/6338.779
=17.24 %

* 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.


Sanlam EBIT Related Terms

Thank you for viewing the detailed overview of Sanlam's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Sanlam (STU:LA6A) Business Description

Traded in Other Exchanges
Address
2 Strand Road, Bellville, ZAF, 7530
Sanlam sells multiple insurance products and provides a variety of investment and wealth management services. Its products and services are organized into five categories: life insurance, general insurance, investment management, credit and structuring, and administration, health, and other. Life and general insurance products include life, disability, medical, vehicle, home, building, and all risk. Investment management services include retail savings, asset management, and wealth management. Credit and structuring services include debt investments in business. The administration, health, and other services include estate planning, trusts, wills, unsecured lending, and health management. The majority of revenue comes from Africa.

Sanlam (STU:LA6A) Headlines

No Headlines