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Equites Property Fund (JSE:EQU) EV-to-EBIT : 10.66 (As of May. 23, 2024)


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What is Equites Property Fund EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Equites Property Fund's Enterprise Value is R21,537 Mil. Equites Property Fund's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was R2,020 Mil. Therefore, Equites Property Fund's EV-to-EBIT for today is 10.66.

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

JSE:EQU' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.52   Med: 10.06   Max: 269.57
Current: 10.66

During the past 10 years, the highest EV-to-EBIT of Equites Property Fund was 269.57. The lowest was 5.52. And the median was 10.06.

JSE:EQU's EV-to-EBIT is ranked better than
76.43% of 577 companies
in the REITs industry
Industry Median: 20.65 vs JSE:EQU: 10.66

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Equites Property Fund's Enterprise Value for the quarter that ended in Feb. 2024 was R25,255 Mil. Equites Property Fund's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was R2,020 Mil. Equites Property Fund's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 8.00%.


Equites Property Fund EV-to-EBIT Historical Data

The historical data trend for Equites Property Fund'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.

* Premium members only.

Equites Property Fund EV-to-EBIT Chart

Equites Property Fund Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.98 31.92 10.05 266.13 12.50

Equites Property Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 10.05 - 266.13 - 12.50

Competitive Comparison of Equites Property Fund's EV-to-EBIT

For the REIT - Industrial subindustry, Equites Property Fund'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.


Equites Property Fund's EV-to-EBIT Distribution in the REITs Industry

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

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



Equites Property Fund EV-to-EBIT Calculation

Equites Property Fund's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=21536.967/2020.121
=10.66

Equites Property Fund's current Enterprise Value is R21,537 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Equites Property Fund's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was R2,020 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.


Equites Property Fund  (JSE:EQU) 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) %.

Equites Property Fund's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Feb. 2024 ) =EBIT / Enterprise Value (Q: Feb. 2024 )
=2020.121/25255.38338
=8.00 %

Equites Property Fund's Enterprise Value for the quarter that ended in Feb. 2024 was R25,255 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Equites Property Fund's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was R2,020 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.


Equites Property Fund EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Equites Property Fund's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Equites Property Fund (JSE:EQU) Business Description

Traded in Other Exchanges
N/A
Address
4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001
Equites Property Fund Ltd is a real estate investment trust based in South Africa. It is engaged in the investment in and development of commercial properties in the industrial sector. The group has assessed its operations and determined its segments in line with the clear geographic distinction between South Africa and the United Kingdom. SA Industrial segment generates the revenue.

Equites Property Fund (JSE:EQU) Headlines

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