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Coronation Fund ManagersJSE:CML -0.33%73 Debt-to-EBITDA is 0.24 as of Mar. 2026, which is 41% above its 10-year median of 0.17. GuruFocus rates JSE:CML with a GF Score™ of 73/100 and a GF Value™ of R42.00 (Fairly Valued). The stock has 5 warning signs investors should review. Among 383 Asset Management companies, Coronation Fund Managers ranks better than 76.24% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Coronation Fund Managers's Debt-to-EBITDA or its related term are showing as below:
JSE:CML'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.1 Med: 0.17 Max: 0.36
Current: 0.21
During the past 13 years, the highest Debt-to-EBITDA Ratio of Coronation Fund Managers was 0.36. The lowest was 0.10. And the median was 0.17.
JSE:CML's Debt-to-EBITDA is ranked better than 76.24% of 383
companies
in the Asset Management industry
Industry Median: 1.4
vs JSE:CML: 0.21
Coronation Fund Managers (JSE:CML) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Coronation Fund Managers Debt-to-EBITDA Related Terms
Coronation Fund Managers Debt-to-EBITDA Historical Data
* 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.
JSE:CML vs BLK, BX, KKR: Debt-to-EBITDA Comparison
For the Asset Management subindustry, Coronation Fund Managers's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
Coronation Fund Managers Debt-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Coronation Fund Managers's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Coronation Fund Managers's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is two times the quarterly (Mar. 2026) EBITDA data.
Coronation Fund Managers (JSE:CML) has a Debt-to-EBITDA of 0.24 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Coronation Fund Managers. This is 41% above median its historical median of 0.17. Over the past decade, Coronation Fund Managers' Debt-to-EBITDA has ranged from 0.10 to 0.36. According to the industry distribution chart, Coronation Fund Managers ranks #91 out of 383 companies in the Asset Management industry, placing it in the top 23.8%.
Is Coronation Fund Managers' Debt-to-EBITDA too high?
Coronation Fund Managers' current Debt-to-EBITDA of 0.24 is 41% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.36. The Asset Management industry median Debt-to-EBITDA is 1.40. Coronation Fund Managers' value of 0.24 is 82.9% below this industry median. Based on the distribution chart, Coronation Fund Managers ranks #91 out of 383 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Coronation Fund Managers has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coronation Fund Managers' Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Coronation Fund Managers ranks #91 out of 383 companies for Debt-to-EBITDA. This places Coronation Fund Managers in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.40. Coronation Fund Managers' value of 0.24 is 82.9% below this benchmark. Historically, Coronation Fund Managers' own Debt-to-EBITDA has ranged from 0.10 to 0.36 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 1.40, Coronation Fund Managers has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.40, based on 383 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coronation Fund Managers's current Debt-to-EBITDA of 0.24 is 82.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Coronation Fund Managers. For the Asset Management industry, the median Debt-to-EBITDA is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coronation Fund Managers's current Debt-to-EBITDA is 0.24, which is 41% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coronation Fund Managers stock overvalued right now?
Based on GuruFocus' analysis, Coronation Fund Managers (JSE:CML) is currently considered Fairly Valued. The stock's GF Value™ is R42.00, compared to a current price of R41.66 — trading 0.8% below its estimated fair value. The current Debt-to-EBITDA is 0.24, which is 41% above median its 10-year median of 0.17 and 82.9% below the Asset Management industry median of 1.40. Coronation Fund Managers' overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Coronation Fund Managers (JSE:CML), the current Debt-to-EBITDA is 0.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coronation Fund Managers (JSE:CML) Overvalued in 2026?
Based on GuruFocus' analysis, Coronation Fund Managers stock appears to be undervalued.
The current stock price of R41.66 is trading 0.8% below its estimated GF Value™ of R42.00.
GuruFocus considers Coronation Fund Managers to be Fairly Valued.
Key valuation signals for JSE:CML:
Debt-to-EBITDA: 0.24 (41% above median its 10-year median of 0.17)
GF Value™: R42.00 vs. price of R41.66 (0.8% below fair value)
Industry Position: 82.9% below the Asset Management median (#91 of 383)
No single metric tells the full story. See the JSE:CML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.
73GF Score
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