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First Mutual Holdings (XZIM:FMHL.ZW) EBIT : ZWL15,685 Mil (TTM As of Jun. 2023)


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What is First Mutual Holdings EBIT?

First Mutual Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was ZWL0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was ZWL15,685 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. First Mutual Holdings's annualized ROC % for the quarter that ended in Jun. 2023 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. First Mutual Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 328.96%.


First Mutual Holdings EBIT Historical Data

The historical data trend for First Mutual Holdings'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.

First Mutual Holdings EBIT Chart

First Mutual Holdings Annual Data
Trend Dec18 Dec19 Dec20
EBIT
-166.65 1,399.29 2,138.26

First Mutual Holdings Quarterly Data
Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Jun23
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 9,367.57 635.67 22,915.94 -7,866.43 -

Competitive Comparison of First Mutual Holdings's EBIT

For the Insurance - Diversified subindustry, First Mutual Holdings'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.


First Mutual Holdings's EV-to-EBIT Distribution in the Insurance Industry

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

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



First Mutual Holdings 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ZWL15,685 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.


First Mutual Holdings  (XZIM:FMHL.ZW) EBIT Explanation

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

First Mutual Holdings's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=0 * ( 1 - 0% )/( (108759.61195 + 1203763.374)/ 2 )
=0/656261.492975
=0.00 %

where

Invested Capital(Q: Sep. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=137810.186 - 3966.002 - ( 13480.294 - 5% * -232085.561 )
=108759.61195

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 )
=1367311.128 - 51905.302 - ( 111642.452 - 5% * 0 )
=1203763.374

Note: The EBIT data used here is four times the quarterly (Jun. 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:

First Mutual Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=15685.184/4768.066
=328.96 %

* 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.


First Mutual Holdings EBIT Related Terms

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First Mutual Holdings (XZIM:FMHL.ZW) Business Description

Traded in Other Exchanges
N/A
Address
First Mutual Park, 100 Borrowdale Road, Borrowdale, P.O. Box BW 178, Second Floor, Harare, ZWE
First Mutual Holdings Ltd is a Zimbabwe-based investment and financial service company. Its segments are life and pensions insurance, health insurance, short-term insurance, reinsurance, property and casualty insurance, property management and development, and wealth management.

First Mutual Holdings (XZIM:FMHL.ZW) Headlines

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