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Heriot REITJSE:HET 68 EV-to-EBIT is 7.17 as of Sep. 22, 2026, which is 5% below its 10-year median of 7.53. GuruFocus rates JSE:HET with a GF Score™ of 68/100 and a GF Value™ of R24.34 (Fairly Valued). The stock has 13 warning signs investors should review. Among 687 REITs companies, Heriot REIT ranks better than 88.06% on this metric.
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.
Heriot REIT's Enterprise Value for the quarter that ended in Dec. 2025 was R12,984 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Heriot REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R1,996 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.
Heriot REIT EV-to-EBIT Related Terms
Heriot REIT EV-to-EBIT Historical Data
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The historical data trend for Heriot REIT'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.
For the REIT - Diversified subindustry, Heriot REIT'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.
Heriot REIT EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, Heriot REIT's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Heriot REIT's EV-to-EBIT falls into.
Heriot REIT's current Enterprise Value is R14,317 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Heriot REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R1,996 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.
Heriot REIT (JSE:HET) has a EV-to-EBIT of 7.17 as of Sep. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Heriot REIT and its competitors. This is near median its historical median of 7.53. Over the past decade, Heriot REIT's EV-to-EBIT has ranged from 5.34 to 19.75. According to the industry distribution chart, Heriot REIT ranks #82 out of 687 companies in the REITs industry, placing it in the top 11.9%.
Is Heriot REIT's EV-to-EBIT too high?
Heriot REIT's current EV-to-EBIT of 7.17 is near median its 10-year median of 7.53. Over the past 10 years, this metric has ranged from a low of 5.34 to a high of 19.75. The REITs industry median EV-to-EBIT is 17.12. Heriot REIT's value of 7.17 is 58.1% below this industry median. Based on the distribution chart, Heriot REIT ranks #82 out of 687 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Heriot 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 Heriot REIT's EV-to-EBIT compare to VICI and WPC?
According to the REITs industry distribution chart, Heriot REIT ranks #82 out of 687 companies for EV-to-EBIT. This places Heriot REIT in the top 12% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 17.12. Heriot REIT's value of 7.17 is 58.1% below this benchmark. Historically, Heriot REIT's own EV-to-EBIT has ranged from 5.34 to 19.75 over the past decade. While the company's 10-year median is 7.53 vs. the industry median of 17.12, Heriot REIT 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 17.12, 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. Heriot REIT's current EV-to-EBIT of 7.17 is 58.1% 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 Heriot REIT and its competitors. For the REITs industry, the median EV-to-EBIT is 17.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heriot REIT's current EV-to-EBIT is 7.17, which is near median its own 10-year median of 7.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heriot REIT stock overvalued right now?
Based on GuruFocus' analysis, Heriot REIT (JSE:HET) is currently considered Fairly Valued. The stock's GF Value™ is R24.34, compared to a current price of R26.00 — trading 6.8% above its estimated fair value. The current EV-to-EBIT is 7.17, which is near median its 10-year median of 7.53 and 58.1% below the REITs industry median of 17.12. Heriot REIT's overall GF Score™ is 68/100 with 13 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 Heriot REIT (JSE:HET), the current EV-to-EBIT is 7.17 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 Heriot REIT (JSE:HET) Overvalued in 2026?
Based on GuruFocus' analysis, Heriot REIT stock appears to be overvalued.
The current stock price of R26.00 is trading 6.8% above its estimated GF Value™ of R24.34.
GuruFocus considers Heriot REIT to be Fairly Valued.
Key valuation signals for JSE:HET:
EV-to-EBIT: 7.17 (near median its 10-year median of 7.53)
GF Value™: R24.34 vs. price of R26.00 (6.8% above fair value)
Industry Position: 58.1% below the REITs median (#82 of 687)
No single metric tells the full story. See the JSE:HET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heriot REIT Ltd is a South African real estate investment trust. The company's primary segments include retail, industrial, office, specialized, residential, and others. While the majority of the revenue is earned from the Retail segment. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams. Geographically, the company operates in Gauteng, Western Cape, KwaZulu-Natal, North West, Mpumalanga, Limpopo, Free State, and Namibia.
68GF Score
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