Afrimat (JSE:AFT) EV-to-EBIT: 10.81 (As of Aug. 05, 2026) — 15% Above Median

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JSE:AFT Afrimat Ltd JSE:AFT
71 GF Score
Price R27.16
GF Value R98.94
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Afrimat EV-to-EBIT?

Afrimat JSE:AFT +1.38% 71 EV-to-EBIT is 10.81 as of Aug. 05, 2026, which is 15% above its 10-year median of 9.42. GuruFocus rates JSE:AFT with a GF Score™ of 71/100 and a GF Value™ of R98.94 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 320 Building Materials companies, Afrimat ranks better than 60.62% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Afrimat's Enterprise Value is R6,385 Mil. Afrimat's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was R590 Mil. Therefore, Afrimat's EV-to-EBIT for today is 10.81.

The historical rank and industry rank for Afrimat's EV-to-EBIT or its related term are showing as below:

JSE:AFT' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.05   Med: 9.42   Max: 22.27
Current: 10.82

During the past 13 years, the highest EV-to-EBIT of Afrimat was 22.27. The lowest was 5.05. And the median was 9.42.

JSE:AFT's EV-to-EBIT is ranked better than
60.62% of 320 companies
in the Building Materials industry
Industry Median: 13.54 vs JSE:AFT: 10.82

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Afrimat's Enterprise Value for the quarter that ended in Feb. 2026 was R7,976 Mil. Afrimat's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was R590 Mil. Afrimat's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 7.40%.


Afrimat  (JSE:AFT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Afrimat's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Feb. 2026 ) =EBIT / Enterprise Value (Q: Feb. 2026 )
=590.469/7975.61892
=7.40 %

Afrimat's Enterprise Value for the quarter that ended in Feb. 2026 was R7,976 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Afrimat's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was R590 Mil.

* 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.


Afrimat EV-to-EBIT Related Terms


Afrimat EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Afrimat's EV-to-EBIT 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.

Afrimat EV-to-EBIT Chart

Afrimat Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.63 8.22 8.04 21.65 13.51

Afrimat Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
EV-to-EBIT 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 8.04 0.00 21.65 0.00 13.51

JSE:AFT vs CRH, VMC, MLM: EV-to-EBIT Comparison

For the Building Materials subindustry, Afrimat's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Afrimat EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Afrimat's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Afrimat's EV-to-EBIT falls into.


JSE:AFT
71GF Score
Afrimat Ltd JSE:AFT
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afrimat EV-to-EBIT Calculation

Afrimat's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6385.308/590.469
=10.81

Afrimat's current Enterprise Value is R6,385 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Afrimat's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was R590 Mil.

* 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 EV-to-EBIT →
What does a EV-to-EBIT of 10.81 mean?
Afrimat (JSE:AFT) has a EV-to-EBIT of 10.81 as of Aug. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Afrimat and its competitors. This is 15% above median its historical median of 9.42. Over the past decade, Afrimat's EV-to-EBIT has ranged from 5.05 to 22.27. According to the industry distribution chart, Afrimat ranks #126 out of 320 companies in the Building Materials industry, placing it in the top 39.4%.
Is Afrimat's EV-to-EBIT too high?
Afrimat's current EV-to-EBIT of 10.81 is 15% above median its 10-year median of 9.42. Over the past 10 years, this metric has ranged from a low of 5.05 to a high of 22.27. The Building Materials industry median EV-to-EBIT is 13.54. Afrimat's value of 10.81 is 20.2% below this industry median. Based on the distribution chart, Afrimat ranks #126 out of 320 companies in the Building Materials industry, which is above the industry midpoint. Overall, Afrimat has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afrimat's EV-to-EBIT compare to CRH and VMC?
According to the Building Materials industry distribution chart, Afrimat ranks #126 out of 320 companies for EV-to-EBIT. This puts Afrimat in the upper half of its industry. The industry median EV-to-EBIT is 13.54. Afrimat's value of 10.81 is 20.2% below this benchmark. Historically, Afrimat's own EV-to-EBIT has ranged from 5.05 to 22.27 over the past decade. While the company's 10-year median is 9.42 vs. the industry median of 13.54, Afrimat 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 EV-to-EBIT for a Building Materials company?
The median EV-to-EBIT among Building Materials companies is 13.54, based on 320 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Afrimat's current EV-to-EBIT of 10.81 is 20.2% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Afrimat and its competitors. For the Building Materials industry, the median EV-to-EBIT is 13.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afrimat's current EV-to-EBIT is 10.81, which is 15% above median its own 10-year median of 9.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrimat stock overvalued right now?
Based on GuruFocus' analysis, Afrimat (JSE:AFT) is currently considered Significantly Undervalued. The stock's GF Value™ is R98.94, compared to a current price of R27.16 — trading 72.5% below its estimated fair value. The current EV-to-EBIT is 10.81, which is 15% above median its 10-year median of 9.42 and 20.2% below the Building Materials industry median of 13.54. Afrimat's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Afrimat (JSE:AFT), the current EV-to-EBIT is 10.81 as of Aug. 05, 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 Afrimat (JSE:AFT) Overvalued in 2026?

Based on GuruFocus' analysis, Afrimat stock appears to be undervalued. The current stock price of R27.16 is trading 72.5% below its estimated GF Value™ of R98.94. GuruFocus considers Afrimat to be Significantly Undervalued.

Key valuation signals for JSE:AFT:

  • EV-to-EBIT: 10.81 (15% above median its 10-year median of 9.42)
  • GF Value™: R98.94 vs. price of R27.16 (72.5% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 20.2% below the Building Materials median (#126 of 320)

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


Afrimat Business Description

Address Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530
Afrimat Ltd is a South Africa-based company. It has five segment Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The company generates majority of revenue from Construction Materials comprises two distinct product segments: Aggregates and Cement. Aggregates include the sale of sand, gravel, crushed stone, and concrete-based products. Concrete-based products are produced using rock, sand, water, cement, and readymix concrete are typically used in various construction applications. The segment also includes the processing and sale of fly-ash, a by-product used to enhance concrete performance. Cement consists of the manufacturing and supply of cement. The Group views the entire southern African region as a single geographical area.
71GF Score

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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R27.16
Price
R98.94
GF Value