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Heriot REITJSE:HET 69 EBITDA Margin % is 136.85% as of Dec. 2025, which is 4% above its 10-year median of 131.14. GuruFocus rates JSE:HET with a GF Score™ of 69/100 and a GF Value™ of R23.54 (Fairly Valued). The stock has 13 warning signs investors should review. Among 743 REITs companies, Heriot REIT ranks better than 93.54% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Heriot REIT's EBITDA for the
six
months ended in Dec. 2025 was R868 Mil. Heriot REIT's Revenue for the
six
months ended in Dec. 2025 was R634 Mil. Therefore, Heriot REIT's EBITDA margin for the quarter that ended in Dec. 2025 was 136.85%.
Heriot REIT (JSE:HET) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Heriot REIT EBITDA Margin % Related Terms
Heriot REIT EBITDA Margin % Historical Data
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The historical data trend for Heriot REIT's EBITDA Margin % 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.
For the REIT - Diversified subindustry, Heriot REIT's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.
Heriot REIT EBITDA Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Heriot REIT's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Heriot REIT's EBITDA Margin % 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.
Heriot REIT (JSE:HET) has a EBITDA Margin % of 136.85% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Heriot REIT and its competitors. This is near median its historical median of 131.14. Over the past decade, Heriot REIT's EBITDA Margin % has ranged from 59.14 to 245.02. According to the industry distribution chart, Heriot REIT ranks #48 out of 743 companies in the REITs industry, placing it in the top 6.5%.
Is Heriot REIT's EBITDA Margin % too high?
Heriot REIT's current EBITDA Margin % of 136.85% is near median its 10-year median of 131.14. Over the past 10 years, this metric has ranged from a low of 59.14 to a high of 245.02. The REITs industry median EBITDA Margin % is 69.59. Heriot REIT's value of 136.85% is 96.7% above this industry median. Based on the distribution chart, Heriot REIT ranks #48 out of 743 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Heriot REIT has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heriot REIT's EBITDA Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Heriot REIT ranks #48 out of 743 companies for EBITDA Margin %. This places Heriot REIT in the top 7% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 69.59. Heriot REIT's value of 136.85% is 96.7% above this benchmark. Historically, Heriot REIT's own EBITDA Margin % has ranged from 59.14 to 245.02 over the past decade. While the company's 10-year median is 131.14 vs. the industry median of 69.59, Heriot REIT has consistently been above 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 EBITDA Margin % for a REITs company?
The median EBITDA Margin % among REITs companies is 69.59, based on 743 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heriot REIT's current EBITDA Margin % of 136.85% is 96.7% above 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Heriot REIT and its competitors. For the REITs industry, the median EBITDA Margin % is 69.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heriot REIT's current EBITDA Margin % is 136.85%, which is near median its own 10-year median of 131.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heriot REIT stock overvalued right now?
Based on GuruFocus' analysis, Heriot REIT (JSE:HET) is currently considered Fairly Valued. The stock's GF Value™ is R23.54, compared to a current price of R26.00 — trading 10.5% above its estimated fair value. The current EBITDA Margin % is 136.85%, which is near median its 10-year median of 131.14 and 96.7% above the REITs industry median of 69.59. Heriot REIT's overall GF Score™ is 69/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Heriot REIT (JSE:HET), the current EBITDA Margin % is 136.85% as of Dec. 2025. 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 Heriot REIT (JSE:HET) Overvalued in 2026?
Based on GuruFocus' analysis, Heriot REIT stock appears to be overvalued.
The current stock price of R26.00 is trading 10.5% above its estimated GF Value™ of R23.54.
GuruFocus considers Heriot REIT to be Fairly Valued.
Key valuation signals for JSE:HET:
EBITDA Margin %: 136.85% (near median its 10-year median of 131.14)
GF Value™: R23.54 vs. price of R26.00 (10.5% above fair value)
Industry Position: 96.7% above the REITs median (#48 of 743)
No single metric tells the full story. See the JSE:HET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heriot REIT Ltd is a South African real estate investment trust. The company's primary segments include retail, industrial, office, specialized, residential, and others. While the majority of the revenue is earned from the Retail segment. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams. Geographically, the company operates in Gauteng, Western Cape, KwaZulu-Natal, North West, Mpumalanga, Limpopo, Free State, and Namibia.
69GF Score
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