Exemplar REITail (JSE:EXP) EBITDA per Share: R5.44 (TTM As of Feb. 2026)


JSE:EXP Exemplar REITail Ltd JSE:EXP
73 GF Score
Price R18.00
GF Value R15.68
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Exemplar REITail EBITDA per Share?

Exemplar REITail JSE:EXP 73 EBITDA per Share is R5.44 as of Feb. 2026. GuruFocus rates JSE:EXP with a GF Score™ of 73/100 and a GF Value™ of R15.68 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 625 REITs companies, Exemplar REITail ranks better than 73.6% on this metric.

Exemplar REITail's EBITDA per Share for the six months ended in Feb. 2026 was R3.59. Its EBITDA per Share for the trailing twelve months (TTM) ended in Feb. 2026 was R5.44.

During the past 12 months, the average EBITDA per Share Growth Rate of Exemplar REITail was 19.60% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 12.10% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 25.60% 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 Exemplar REITail's EBITDA per Share or its related term are showing as below:

JSE:EXP' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -5   Med: 18.35   Max: 36.5
Current: 12.1

During the past 11 years, the highest 3-Year average EBITDA per Share Growth Rate of Exemplar REITail was 36.50% per year. The lowest was -5.00% per year. And the median was 18.35% per year.

JSE:EXP's 3-Year EBITDA Growth Rate is ranked better than
73.6% of 625 companies
in the REITs industry
Industry Median: 2.8 vs JSE:EXP: 12.10

Exemplar REITail's EBITDA for the six months ended in Feb. 2026 was R1,225 Mil.

During the past 12 months, the average EBITDA Growth Rate of Exemplar REITail was 20.00% per year. During the past 3 years, the average EBITDA Growth Rate was 13.30% per year. During the past 5 years, the average EBITDA Growth Rate was 26.80% 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 11 years, the highest 3-Year average EBITDA Growth Rate of Exemplar REITail was 38.60% per year. The lowest was -2.80% per year. And the median was 20.05% per year.


Exemplar REITail  (JSE:EXP) 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.


Exemplar REITail EBITDA per Share Related Terms


Exemplar REITail EBITDA per Share Historical Data

* Premium members only.

The historical data trend for Exemplar REITail'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.

Exemplar REITail EBITDA per Share Chart

Exemplar REITail Annual Data
Trend Feb16 Feb17 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.54 3.88 3.17 4.57 5.47

Exemplar REITail Semi-Annual Data
Feb15 Feb16 Feb17 Aug17 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.53 1.68 2.86 1.85 3.59
JSE:EXP
73GF Score
Exemplar REITail Ltd JSE:EXP
EBITDA per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Exemplar REITail 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.

Exemplar REITail's EBITDA per Share for the fiscal year that ended in Feb. 2026 is calculated as

EBITDA per Share(A: Feb. 2026 )
=EBITDA/Shares Outstanding (Diluted Average)
=1872.975/342.586
=5.47

Exemplar REITail's EBITDA per Share for the quarter that ended in Feb. 2026 is calculated as

EBITDA per Share(Q: Feb. 2026 )
=EBITDA/Shares Outstanding (Diluted Average)
=1225.051/341.331
=3.59

EBITDA per Share for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R5.44

* 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 R5.44 mean?
Exemplar REITail (JSE:EXP) has a EBITDA per Share of R5.44 as of Feb. 2026. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Exemplar REITail and its competitors. According to the industry distribution chart, Exemplar REITail ranks #165 out of 625 companies in the REITs industry, placing it in the top 26.4%.
Is Exemplar REITail's EBITDA per Share too high?
Exemplar REITail's current EBITDA per Share is R5.44. Based on the distribution chart, Exemplar REITail ranks #165 out of 625 companies in the REITs industry, which is above the industry midpoint. Overall, Exemplar REITail has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Exemplar REITail's EBITDA per Share compare to SPG and O?
According to the REITs industry distribution chart, Exemplar REITail ranks #165 out of 625 companies for EBITDA per Share. This puts Exemplar REITail in the upper half of its industry. The industry median EBITDA per Share is 2.80. 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 REITs company?
The median EBITDA per Share among REITs companies is 2.80, based on 625 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 Exemplar REITail and its competitors. For the REITs industry, the median EBITDA per Share is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exemplar REITail's current EBITDA per Share is R5.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exemplar REITail stock overvalued right now?
Based on GuruFocus' analysis, Exemplar REITail (JSE:EXP) is currently considered Modestly Overvalued. The stock's GF Value™ is R15.68, compared to a current price of R18.00 — trading 14.8% above its estimated fair value. The current EBITDA per Share is R5.44. Exemplar REITail's overall GF Score™ is 73/100 with 6 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 Exemplar REITail (JSE:EXP), the current EBITDA per Share is R5.44 as of Feb. 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 Exemplar REITail (JSE:EXP) Overvalued in 2026?

Based on GuruFocus' analysis, Exemplar REITail stock appears to be overvalued. The current stock price of R18.00 is trading 14.8% above its estimated GF Value™ of R15.68. GuruFocus considers Exemplar REITail to be Modestly Overvalued.

Key valuation signals for JSE:EXP:

  • EBITDA per Share: R5.44
  • GF Value™: R15.68 vs. price of R18.00 (14.8% above fair value)
  • GF Score™: 73/100 with 6 warning signs

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


Exemplar REITail Business Description

Industry Real EstateREITs
Address 204 Von Willich Avenue, Clubview, Centurion, Gauteng, ZAF, 0157
Exemplar REITail Ltd is a real estate investment trust which develops, owns and manages township and rural retail real estate. The company is the only fund in the country focused purely on retail in under-serviced areas that offers stakeholders investment opportunities. The company's retail segments based on geography consist of Gauteng, Mpumalanga, KwaZulu-Natal, Limpopo, Eastern and Western Cape.
73GF Score

Get the complete analysis for JSE:EXP

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

R18.00
Price
R15.68
GF Value