Aspen Pharmacare Holdings (JSE:APN) EBITDA per Share: R1.47 (TTM As of Dec. 2025)

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JSE:APN Aspen Pharmacare Holdings Ltd JSE:APN
72 GF Score
Price R150.32
GF Value R170.84
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Aspen Pharmacare Holdings EBITDA per Share?

Aspen Pharmacare Holdings JSE:APN +0.10% 72 EBITDA per Share is R1.47 as of Dec. 2025. GuruFocus rates JSE:APN with a GF Score™ of 72/100 and a GF Value™ of R170.84 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 814 Drug Manufacturers companies, Aspen Pharmacare Holdings ranks worse than 93% on this metric.

Aspen Pharmacare Holdings's EBITDA per Share for the six months ended in Dec. 2025 was R4.44. Its EBITDA per Share for the trailing twelve months (TTM) ended in Dec. 2025 was R1.47.

During the past 12 months, the average EBITDA per Share Growth Rate of Aspen Pharmacare Holdings was -90.60% per year. During the past 3 years, the average EBITDA per Share Growth Rate was -29.70% per year. During the past 5 years, the average EBITDA per Share Growth Rate was -8.60% per year. During the past 10 years, the average EBITDA per Share Growth Rate was -3.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per Share growth rate using EBITDA per Share data.

The historical rank and industry rank for Aspen Pharmacare Holdings's EBITDA per Share or its related term are showing as below:

JSE:APN' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -29.7   Med: 18.6   Max: 46.5
Current: -29.7

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Aspen Pharmacare Holdings was 46.50% per year. The lowest was -29.70% per year. And the median was 18.60% per year.

JSE:APN's 3-Year EBITDA Growth Rate is ranked worse than
93% of 814 companies
in the Drug Manufacturers industry
Industry Median: 8.85 vs JSE:APN: -29.70

Aspen Pharmacare Holdings's EBITDA for the six months ended in Dec. 2025 was R1,975 Mil.

During the past 12 months, the average EBITDA Growth Rate of Aspen Pharmacare Holdings was -90.50% per year. During the past 3 years, the average EBITDA Growth Rate was -30.20% per year. During the past 5 years, the average EBITDA Growth Rate was -9.20% per year. During the past 10 years, the average EBITDA Growth Rate was -3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Aspen Pharmacare Holdings was 49.90% per year. The lowest was -30.20% per year. And the median was 20.90% per year.


Aspen Pharmacare Holdings  (JSE:APN) EBITDA per Share Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals EBIT. EBIT is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost, it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies.


Aspen Pharmacare Holdings EBITDA per Share Related Terms


Aspen Pharmacare Holdings EBITDA per Share Historical Data

* Premium members only.

The historical data trend for Aspen Pharmacare Holdings's EBITDA per Share 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.

Aspen Pharmacare Holdings EBITDA per Share Chart

Aspen Pharmacare Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.38 23.43 21.76 22.32 8.14

Aspen Pharmacare Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBITDA per Share 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 8.77 9.10 6.41 -2.98 4.44
JSE:APN
72GF Score
Aspen Pharmacare Holdings Ltd JSE:APN
EBITDA per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspen Pharmacare Holdings EBITDA per Share Calculation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Aspen Pharmacare Holdings's EBITDA per Share for the fiscal year that ended in Jun. 2025 is calculated as

EBITDA per Share(A: Jun. 2025 )
=EBITDA/Shares Outstanding (Diluted Average)
=3615/444.000
=8.14

Aspen Pharmacare Holdings's EBITDA per Share for the quarter that ended in Dec. 2025 is calculated as

EBITDA per Share(Q: Dec. 2025 )
=EBITDA/Shares Outstanding (Diluted Average)
=1975/444.600
=4.44

EBITDA per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1.47

* 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.

Frequently Asked Questions Learn more about EBITDA per Share →
What does a EBITDA per Share of R1.47 mean?
Aspen Pharmacare Holdings (JSE:APN) has a EBITDA per Share of R1.47 as of Dec. 2025. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Aspen Pharmacare Holdings and its competitors. According to the industry distribution chart, Aspen Pharmacare Holdings ranks #757 out of 814 companies in the Drug Manufacturers industry, placing it in the top 93%.
Is Aspen Pharmacare Holdings' EBITDA per Share too high?
Aspen Pharmacare Holdings' current EBITDA per Share is R1.47. Based on the distribution chart, Aspen Pharmacare Holdings ranks #757 out of 814 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Aspen Pharmacare Holdings has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aspen Pharmacare Holdings' EBITDA per Share compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Aspen Pharmacare Holdings ranks #757 out of 814 companies for EBITDA per Share. This places Aspen Pharmacare Holdings in the lower half of its industry. The industry median EBITDA per Share is 8.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA per Share for a Drug Manufacturers company?
The median EBITDA per Share among Drug Manufacturers companies is 8.85, based on 814 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA per Share significantly above this median, while those in the bottom quartile fall well below. However, EBITDA per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA per Share mean?
A high EBITDA per Share can signal that a stock is expensive relative to its fundamentals. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Aspen Pharmacare Holdings and its competitors. For the Drug Manufacturers industry, the median EBITDA per Share is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Pharmacare Holdings's current EBITDA per Share is R1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Pharmacare Holdings stock overvalued right now?
Based on GuruFocus' analysis, Aspen Pharmacare Holdings (JSE:APN) is currently considered Modestly Undervalued. The stock's GF Value™ is R170.84, compared to a current price of R150.32 — trading 12% below its estimated fair value. The current EBITDA per Share is R1.47. Aspen Pharmacare Holdings' overall GF Score™ is 72/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA per Share calculated?
EBITDA per Share is calculated from a company's financial statements. For Aspen Pharmacare Holdings (JSE:APN), the current EBITDA per Share is R1.47 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 Aspen Pharmacare Holdings (JSE:APN) Overvalued in 2026?

Based on GuruFocus' analysis, Aspen Pharmacare Holdings stock appears to be undervalued. The current stock price of R150.32 is trading 12% below its estimated GF Value™ of R170.84. GuruFocus considers Aspen Pharmacare Holdings to be Modestly Undervalued.

Key valuation signals for JSE:APN:

  • EBITDA per Share: R1.47
  • GF Value™: R170.84 vs. price of R150.32 (12% below fair value)
  • GF Score™: 72/100 with 10 warning signs

No single metric tells the full story. See the JSE:APN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aspen Pharmacare Holdings Business Description

Address Douglas Saunders Drive, Aspen Place, 9 Rydall Vale Park, La Lucia Ridge, Durban, NL, ZAF
Aspen Pharmacare Holdings Ltd is a multinational pharmaceutical company. The group focuses on marketing and manufacturing a broad range of post-patent, branded medicines and domestic brands covering both hospital and consumer markets. The business segments of the group are split between the Commercial Pharmaceuticals and Manufacturing segments. The Commercial Pharmaceuticals business segments are: Injectables, Over-the-counter, and Prescription. The Manufacturing business segments are: Active Pharmaceutical Ingredients, Finished Dose Form, and Heparin. Its geographic regions are Africa Middle East, Europe CIS, Australasia, Asia, and America.
72GF Score

Get the complete analysis for JSE:APN

EBITDA per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R150.32
Price
R170.84
GF Value