Newpark REIT (JSE:NRL) EBITDA per Share: R1.30 (TTM As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:NRL Newpark REIT Ltd JSE:NRL
68 GF Score
Price R4.70
GF Value R4.72
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Newpark REIT EBITDA per Share?

Newpark REIT JSE:NRL 68 EBITDA per Share is R1.30 as of Feb. 2026. GuruFocus rates JSE:NRL with a GF Score™ of 68/100 and a GF Value™ of R4.72 (Fairly Valued). The stock has 8 warning signs investors should review. Among 621 REITs companies, Newpark REIT ranks worse than 74.72% on this metric.

Newpark REIT's EBITDA per Share for the six months ended in Feb. 2026 was R0.86. Its EBITDA per Share for the trailing twelve months (TTM) ended in Feb. 2026 was R1.30.

During the past 12 months, the average EBITDA per Share Growth Rate of Newpark REIT was 51.60% per year. During the past 3 years, the average EBITDA per Share Growth Rate was -8.70% 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 per Share growth rate using EBITDA per Share data.

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

JSE:NRL' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -29.2   Med: -14.2   Max: 44.4
Current: -8.7

During the past 12 years, the highest 3-Year average EBITDA per Share Growth Rate of Newpark REIT was 44.40% per year. The lowest was -29.20% per year. And the median was -14.20% per year.

JSE:NRL's 3-Year EBITDA Growth Rate is ranked worse than
74.72% of 621 companies
in the REITs industry
Industry Median: 2.7 vs JSE:NRL: -8.70

Newpark REIT's EBITDA for the six months ended in Feb. 2026 was R85.7 Mil.

During the past 12 months, the average EBITDA Growth Rate of Newpark REIT was 51.70% per year. During the past 3 years, the average EBITDA Growth Rate was -8.70% 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 12 years, the highest 3-Year average EBITDA Growth Rate of Newpark REIT was 44.40% per year. The lowest was -26.90% per year. And the median was -14.20% per year.


Newpark REIT  (JSE:NRL) 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.


Newpark REIT EBITDA per Share Related Terms


Newpark REIT EBITDA per Share Historical Data

* Premium members only.

The historical data trend for Newpark REIT'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.

Newpark REIT EBITDA per Share Chart

Newpark REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 1.71 -1.74 0.86 1.30

Newpark REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 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 Premium Member Only -1.54 0.30 0.55 0.44 0.86
JSE:NRL
68GF Score
Newpark REIT Ltd JSE:NRL
EBITDA per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newpark REIT 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.

Newpark REIT'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)
=130.237/100.000
=1.30

Newpark REIT'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)
=85.72/100.000
=0.86

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 R1.30

* 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 R1.30 mean?
Newpark REIT (JSE:NRL) has a EBITDA per Share of R1.30 as of Feb. 2026. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Newpark REIT and its competitors. According to the industry distribution chart, Newpark REIT ranks #464 out of 621 companies in the REITs industry, placing it in the top 74.7%.
Is Newpark REIT's EBITDA per Share too high?
Newpark REIT's current EBITDA per Share is R1.30. Based on the distribution chart, Newpark REIT ranks #464 out of 621 companies in the REITs industry, which is below the industry midpoint. Overall, Newpark REIT has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Newpark REIT's EBITDA per Share compare to VICI and WPC?
According to the REITs industry distribution chart, Newpark REIT ranks #464 out of 621 companies for EBITDA per Share. This places Newpark REIT in the lower half of its industry. The industry median EBITDA per Share is 2.70. 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 2.70, based on 621 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 Newpark REIT and its competitors. For the REITs industry, the median EBITDA per Share is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newpark REIT's current EBITDA per Share is R1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newpark REIT stock overvalued right now?
Based on GuruFocus' analysis, Newpark REIT (JSE:NRL) is currently considered Fairly Valued. The stock's GF Value™ is R4.72, compared to a current price of R4.70 — trading 0.4% below its estimated fair value. The current EBITDA per Share is R1.30. Newpark REIT's overall GF Score™ is 68/100 with 8 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 Newpark REIT (JSE:NRL), the current EBITDA per Share is R1.30 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 Newpark REIT (JSE:NRL) Overvalued in 2026?

Based on GuruFocus' analysis, Newpark REIT stock appears to be undervalued. The current stock price of R4.70 is trading 0.4% below its estimated GF Value™ of R4.72. GuruFocus considers Newpark REIT to be Fairly Valued.

Key valuation signals for JSE:NRL:

  • EBITDA per Share: R1.30
  • GF Value™: R4.72 vs. price of R4.70 (0.4% below fair value)
  • GF Score™: 68/100 with 8 warning signs

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


Newpark REIT Business Description

Industry Real EstateREITs
Address 51 West Street, Houghton Estate, Houghton, Johannesburg, GT, ZAF, 2198
Newpark REIT Ltd is a real estate investment trust company in South Africa. The company focuses on investing in A-grade commercial properties. Its property portfolio comprises the JSE building, the 24 Central, and industrial buildings in Linbro Business Park and Crown City. The Company is organized into four main operating segments, which include Mixed use (office, retail, and storage), Head office, Office, and Industrial. It generates the majority of the revenue from the Office segment.
68GF Score

Get the complete analysis for JSE:NRL

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

R4.70
Price
R4.72
GF Value