Burstone Group (JSE:BTN) EV-to-EBIT: 11.88 (As of Sep. 22, 2026) — 19% Above Median

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JSE:BTN Burstone Group Ltd JSE:BTN
65 GF Score
Price R9.66
GF Value R8.44
Valuation Modestly Overvalued
! 12 Warning Signs
View Full Analysis

What is Burstone Group EV-to-EBIT?

Burstone Group JSE:BTN +0.72% 65 EV-to-EBIT is 11.88 as of Sep. 22, 2026, which is 19% above its 10-year median of 9.97. GuruFocus rates JSE:BTN with a GF Score™ of 65/100 and a GF Value™ of R8.44 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 687 REITs companies, Burstone Group ranks better than 73.51% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Burstone Group's Enterprise Value is R14,300 Mil. Burstone Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R1,204 Mil. Therefore, Burstone Group's EV-to-EBIT for today is 11.88.

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

JSE:BTN' s EV-to-EBIT Range Over the Past 10 Years
Min: -11.77   Med: 9.97   Max: 25.2
Current: 10.83

During the past 13 years, the highest EV-to-EBIT of Burstone Group was 25.20. The lowest was -11.77. And the median was 9.97.

JSE:BTN's EV-to-EBIT is ranked better than
73.51% of 687 companies
in the REITs industry
Industry Median: 17.14 vs JSE:BTN: 10.83

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Burstone Group's Enterprise Value for the quarter that ended in Mar. 2026 was R13,952 Mil. Burstone Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R1,204 Mil. Burstone Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.63%.


Burstone Group  (JSE:BTN) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=1203.577/13951.91299706
=8.63 %

Burstone Group's Enterprise Value for the quarter that ended in Mar. 2026 was R13,952 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Burstone Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R1,204 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.


Burstone Group EV-to-EBIT Related Terms


Burstone Group EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Burstone Group'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.

Burstone Group EV-to-EBIT Chart

Burstone Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.99 31.00 14.01 -7.68 11.56

Burstone Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 20.50 -105.38 -8.60 -15.00 11.59

JSE:BTN vs VICI, WPC: EV-to-EBIT Comparison

For the REIT - Diversified subindustry, Burstone Group'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.


Burstone Group EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Burstone Group's EV-to-EBIT distribution charts can be found below:

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


JSE:BTN
65GF Score
Burstone Group Ltd JSE:BTN
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Burstone Group EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14299.667/1203.577
=11.88

Burstone Group's current Enterprise Value is R14,300 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Burstone Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R1,204 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 11.88 mean?
Burstone Group (JSE:BTN) has a EV-to-EBIT of 11.88 as of Sep. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Burstone Group and its competitors. This is 19% above median its historical median of 9.97. According to the industry distribution chart, Burstone Group ranks #182 out of 687 companies in the REITs industry, placing it in the top 26.5%.
Is Burstone Group's EV-to-EBIT too high?
Burstone Group's current EV-to-EBIT of 11.88 is 19% above median its 10-year median of 9.97. The REITs industry median EV-to-EBIT is 17.14. Burstone Group's value of 11.88 is 30.7% below this industry median. Based on the distribution chart, Burstone Group ranks #182 out of 687 companies in the REITs industry, which is above the industry midpoint. Overall, Burstone Group has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Burstone Group's EV-to-EBIT compare to VICI and WPC?
According to the REITs industry distribution chart, Burstone Group ranks #182 out of 687 companies for EV-to-EBIT. This puts Burstone Group in the upper half of its industry. The industry median EV-to-EBIT is 17.14. Burstone Group's value of 11.88 is 30.7% below this benchmark. While the company's 10-year median is 9.97 vs. the industry median of 17.14, Burstone Group 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 REITs company?
The median EV-to-EBIT among REITs companies is 17.14, based on 687 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. Burstone Group's current EV-to-EBIT of 11.88 is 30.7% 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 Burstone Group and its competitors. For the REITs industry, the median EV-to-EBIT is 17.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burstone Group's current EV-to-EBIT is 11.88, which is 19% above median its own 10-year median of 9.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burstone Group stock overvalued right now?
Based on GuruFocus' analysis, Burstone Group (JSE:BTN) is currently considered Modestly Overvalued. The stock's GF Value™ is R8.44, compared to a current price of R9.66 — trading 14.5% above its estimated fair value. The current EV-to-EBIT is 11.88, which is 19% above median its 10-year median of 9.97 and 30.7% below the REITs industry median of 17.14. Burstone Group's overall GF Score™ is 65/100 with 12 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 Burstone Group (JSE:BTN), the current EV-to-EBIT is 11.88 as of Sep. 22, 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 Burstone Group (JSE:BTN) Overvalued in 2026?

Based on GuruFocus' analysis, Burstone Group stock appears to be overvalued. The current stock price of R9.66 is trading 14.5% above its estimated GF Value™ of R8.44. GuruFocus considers Burstone Group to be Modestly Overvalued.

Key valuation signals for JSE:BTN:

  • EV-to-EBIT: 11.88 (19% above median its 10-year median of 9.97)
  • GF Value™: R8.44 vs. price of R9.66 (14.5% above fair value)
  • GF Score™: 65/100 with 12 warning signs
  • Industry Position: 30.7% below the REITs median (#182 of 687)

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


Burstone Group Business Description

Industry Real EstateREITs
Address 4 Sandown Valley Crescent, 4th Floor, Sandown, Sandton, GT, ZAF, 2196
Burstone Group Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.
65GF Score

Get the complete analysis for JSE:BTN

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

R9.66
Price
R8.44
GF Value