Texton Property Fund (JSE:TEX) EV-to-EBIT: 9.10 (As of Aug. 14, 2026) — Near Median

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JSE:TEX Texton Property Fund Ltd JSE:TEX
64 GF Score
Price R2.80
GF Value R2.42
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Texton Property Fund EV-to-EBIT?

Texton Property Fund JSE:TEX 64 EV-to-EBIT is 9.10 as of Aug. 14, 2026, which is 4% above its 10-year median of 8.72. GuruFocus rates JSE:TEX with a GF Score™ of 64/100 and a GF Value™ of R2.42 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 657 REITs companies, Texton Property Fund ranks better than 82.19% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Texton Property Fund's Enterprise Value is R1,432.1 Mil. Texton Property Fund's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R157.4 Mil. Therefore, Texton Property Fund's EV-to-EBIT for today is 9.10.

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

JSE:TEX' s EV-to-EBIT Range Over the Past 10 Years
Min: -9.32   Med: 8.72   Max: 98.01
Current: 9.1

During the past 13 years, the highest EV-to-EBIT of Texton Property Fund was 98.01. The lowest was -9.32. And the median was 8.72.

JSE:TEX's EV-to-EBIT is ranked better than
82.19% of 657 companies
in the REITs industry
Industry Median: 17.92 vs JSE:TEX: 9.10

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Texton Property Fund's Enterprise Value for the quarter that ended in Dec. 2025 was R1,057.4 Mil. Texton Property Fund's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R157.4 Mil. Texton Property Fund's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.88%.


Texton Property Fund  (JSE:TEX) 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) %.

Texton Property Fund's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=157.386/1057.3725
=14.88 %

Texton Property Fund's Enterprise Value for the quarter that ended in Dec. 2025 was R1,057.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Texton Property Fund's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R157.4 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.


Texton Property Fund EV-to-EBIT Related Terms


Texton Property Fund EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Texton 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.

Texton Property Fund EV-to-EBIT Chart

Texton Property Fund Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.76 8.97 29.20 19.01 8.49

Texton Property Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 19.01 0.00 8.49 0.00

JSE:TEX vs BXP, ARE, VNO: EV-to-EBIT Comparison

For the REIT - Office subindustry, Texton 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.


Texton Property Fund EV-to-EBIT vs REITs Industry

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

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


JSE:TEX
64GF Score
Texton Property Fund Ltd JSE:TEX
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Texton Property Fund EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1432.062/157.386
=9.10

Texton Property Fund's current Enterprise Value is R1,432.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Texton Property Fund's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R157.4 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 9.10 mean?
Texton Property Fund (JSE:TEX) has a EV-to-EBIT of 9.10 as of Aug. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Texton Property Fund and its competitors. This is near median its historical median of 8.72. According to the industry distribution chart, Texton Property Fund ranks #117 out of 657 companies in the REITs industry, placing it in the top 17.8%.
Is Texton Property Fund's EV-to-EBIT too high?
Texton Property Fund's current EV-to-EBIT of 9.10 is near median its 10-year median of 8.72. The REITs industry median EV-to-EBIT is 17.92. Texton Property Fund's value of 9.10 is 49.2% below this industry median. Based on the distribution chart, Texton Property Fund ranks #117 out of 657 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Texton Property Fund has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Texton Property Fund's EV-to-EBIT compare to BXP and ARE?
According to the REITs industry distribution chart, Texton Property Fund ranks #117 out of 657 companies for EV-to-EBIT. This places Texton Property Fund in the top 18% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 17.92. Texton Property Fund's value of 9.10 is 49.2% below this benchmark. While the company's 10-year median is 8.72 vs. the industry median of 17.92, Texton Property Fund 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 17.92, based on 657 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. Texton Property Fund's current EV-to-EBIT of 9.10 is 49.2% 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 Texton Property Fund and its competitors. For the REITs industry, the median EV-to-EBIT is 17.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texton Property Fund's current EV-to-EBIT is 9.10, which is near median its own 10-year median of 8.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texton Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Texton Property Fund (JSE:TEX) is currently considered Modestly Overvalued. The stock's GF Value™ is R2.42, compared to a current price of R2.80 — trading 15.7% above its estimated fair value. The current EV-to-EBIT is 9.10, which is near median its 10-year median of 8.72 and 49.2% below the REITs industry median of 17.92. Texton Property Fund's overall GF Score™ is 64/100 with 9 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 Texton Property Fund (JSE:TEX), the current EV-to-EBIT is 9.10 as of Aug. 14, 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 Texton Property Fund (JSE:TEX) Overvalued in 2026?

Based on GuruFocus' analysis, Texton Property Fund stock appears to be overvalued. The current stock price of R2.80 is trading 15.7% above its estimated GF Value™ of R2.42. GuruFocus considers Texton Property Fund to be Modestly Overvalued.

Key valuation signals for JSE:TEX:

  • EV-to-EBIT: 9.10 (near median its 10-year median of 8.72)
  • GF Value™: R2.42 vs. price of R2.80 (15.7% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 49.2% below the REITs median (#117 of 657)

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


Texton Property Fund Business Description

Industry Real EstateREITs
Address 151 Katherine Street, Block D, Vunani Office Park, Sandton, Johannesburg, GT, ZAF, 2031
Texton Property Fund Ltd is a Real Estate Investment Trust that provides shareholders with access to a diversified portfolio of direct and indirect global real estate investments. The portfolio aims to deliver long-term income and capital growth. The core objective is to deliver sustainable, risk-adjusted returns to stakeholders through disciplined capital allocation, strategic asset management, and value-driven investments. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and international investments. Direct property investments are split into office, retail, and industrial.
64GF Score

Get the complete analysis for JSE:TEX

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

R2.80
Price
R2.42
GF Value