Coronation Fund Managers (JSE:CML) EV-to-EBIT: 6.44 (As of Aug. 03, 2026) — 14% Below Median

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JSE:CML Coronation Fund Managers Ltd JSE:CML
72 GF Score
Price R42.44
GF Value R41.97
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Coronation Fund Managers EV-to-EBIT?

Coronation Fund Managers JSE:CML +0.57% 72 EV-to-EBIT is 6.44 as of Aug. 03, 2026, which is 14% below its 10-year median of 7.46. GuruFocus rates JSE:CML with a GF Score™ of 72/100 and a GF Value™ of R41.97 (Fairly Valued). The stock has 5 warning signs investors should review. Among 499 Asset Management companies, Coronation Fund Managers ranks better than 63.73% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Coronation Fund Managers's Enterprise Value is R14,451 Mil. Coronation Fund Managers's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,243 Mil. Therefore, Coronation Fund Managers's EV-to-EBIT for today is 6.44.

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

JSE:CML' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.36   Med: 7.46   Max: 14.46
Current: 6.46

During the past 13 years, the highest EV-to-EBIT of Coronation Fund Managers was 14.46. The lowest was 4.36. And the median was 7.46.

JSE:CML's EV-to-EBIT is ranked better than
63.73% of 499 companies
in the Asset Management industry
Industry Median: 9.49 vs JSE:CML: 6.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Coronation Fund Managers's Enterprise Value for the quarter that ended in Mar. 2026 was R15,048 Mil. Coronation Fund Managers's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,243 Mil. Coronation Fund Managers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.91%.


Coronation Fund Managers  (JSE:CML) 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) %.

Coronation Fund Managers'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 )
=2243/15048.4868
=14.91 %

Coronation Fund Managers's Enterprise Value for the quarter that ended in Mar. 2026 was R15,048 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coronation Fund Managers's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,243 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.


Coronation Fund Managers EV-to-EBIT Related Terms


Coronation Fund Managers EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Coronation Fund Managers'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.

Coronation Fund Managers EV-to-EBIT Chart

Coronation Fund Managers Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.33 5.79 5.91 5.94 6.54

Coronation Fund Managers 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 0.00 5.94 0.00 6.54 0.00

JSE:CML vs BLK, BX, KKR: EV-to-EBIT Comparison

For the Asset Management subindustry, Coronation Fund Managers'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.


Coronation Fund Managers EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Coronation Fund Managers's EV-to-EBIT distribution charts can be found below:

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


JSE:CML
72GF Score
Coronation Fund Managers Ltd JSE:CML
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coronation Fund Managers EV-to-EBIT Calculation

Coronation Fund Managers's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14450.697/2243
=6.44

Coronation Fund Managers's current Enterprise Value is R14,451 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coronation Fund Managers's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,243 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 6.44 mean?
Coronation Fund Managers (JSE:CML) has a EV-to-EBIT of 6.44 as of Aug. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Coronation Fund Managers and its competitors. This is 14% below median its historical median of 7.46. Over the past decade, Coronation Fund Managers' EV-to-EBIT has ranged from 4.36 to 14.46. According to the industry distribution chart, Coronation Fund Managers ranks #181 out of 499 companies in the Asset Management industry, placing it in the top 36.3%.
Is Coronation Fund Managers' EV-to-EBIT too high?
Coronation Fund Managers' current EV-to-EBIT of 6.44 is 14% below median its 10-year median of 7.46. Over the past 10 years, this metric has ranged from a low of 4.36 to a high of 14.46. The Asset Management industry median EV-to-EBIT is 9.49. Coronation Fund Managers' value of 6.44 is 32.1% below this industry median. Based on the distribution chart, Coronation Fund Managers ranks #181 out of 499 companies in the Asset Management industry, which is above the industry midpoint. Overall, Coronation Fund Managers has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coronation Fund Managers' EV-to-EBIT compare to BLK and BX?
According to the Asset Management industry distribution chart, Coronation Fund Managers ranks #181 out of 499 companies for EV-to-EBIT. This puts Coronation Fund Managers in the upper half of its industry. The industry median EV-to-EBIT is 9.49. Coronation Fund Managers' value of 6.44 is 32.1% below this benchmark. Historically, Coronation Fund Managers' own EV-to-EBIT has ranged from 4.36 to 14.46 over the past decade. While the company's 10-year median is 7.46 vs. the industry median of 9.49, Coronation Fund Managers 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 an Asset Management company?
The median EV-to-EBIT among Asset Management companies is 9.49, based on 499 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. Coronation Fund Managers's current EV-to-EBIT of 6.44 is 32.1% 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 Coronation Fund Managers and its competitors. For the Asset Management industry, the median EV-to-EBIT is 9.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coronation Fund Managers's current EV-to-EBIT is 6.44, which is 14% below median its own 10-year median of 7.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coronation Fund Managers stock overvalued right now?
Based on GuruFocus' analysis, Coronation Fund Managers (JSE:CML) is currently considered Fairly Valued. The stock's GF Value™ is R41.97, compared to a current price of R42.44 — trading 1.1% above its estimated fair value. The current EV-to-EBIT is 6.44, which is 14% below median its 10-year median of 7.46 and 32.1% below the Asset Management industry median of 9.49. Coronation Fund Managers' overall GF Score™ is 72/100 with 5 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 Coronation Fund Managers (JSE:CML), the current EV-to-EBIT is 6.44 as of Aug. 03, 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 Coronation Fund Managers (JSE:CML) Overvalued in 2026?

Based on GuruFocus' analysis, Coronation Fund Managers stock appears to be overvalued. The current stock price of R42.44 is trading 1.1% above its estimated GF Value™ of R41.97. GuruFocus considers Coronation Fund Managers to be Fairly Valued.

Key valuation signals for JSE:CML:

  • EV-to-EBIT: 6.44 (14% below median its 10-year median of 7.46)
  • GF Value™: R41.97 vs. price of R42.44 (1.1% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 32.1% below the Asset Management median (#181 of 499)

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


Coronation Fund Managers Business Description

Address Cnr Campground and Main Roads, 7th Floor, MontClare Place, Claremont, Cape Town, WC, ZAF, 7708
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.
72GF Score

Get the complete analysis for JSE:CML

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

R42.44
Price
R41.97
GF Value