Tsogo Sun (JSE:TSG) EV-to-EBIT: 5.41 (As of Aug. 22, 2026) — 32% Below Median

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JSE:TSG Tsogo Sun Ltd JSE:TSG
84 GF Score
Price R7.23
GF Value R10.67
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Tsogo Sun EV-to-EBIT?

Tsogo Sun JSE:TSG -2.43% 84 EV-to-EBIT is 5.41 as of Aug. 22, 2026, which is 32% below its 10-year median of 7.94. GuruFocus rates JSE:TSG with a GF Score™ of 84/100 and a GF Value™ of R10.67 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 644 Travel & Leisure companies, Tsogo Sun ranks better than 84.78% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tsogo Sun's Enterprise Value is R13,484 Mil. Tsogo Sun's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,493 Mil. Therefore, Tsogo Sun's EV-to-EBIT for today is 5.41.

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

JSE:TSG' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.17   Med: 7.94   Max: 24.36
Current: 5.4

During the past 13 years, the highest EV-to-EBIT of Tsogo Sun was 24.36. The lowest was 5.17. And the median was 7.94.

JSE:TSG's EV-to-EBIT is ranked better than
84.78% of 644 companies
in the Travel & Leisure industry
Industry Median: 14.22 vs JSE:TSG: 5.40

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tsogo Sun's Enterprise Value for the quarter that ended in Mar. 2026 was R13,223 Mil. Tsogo Sun's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,493 Mil. Tsogo Sun's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.85%.


Tsogo Sun  (JSE:TSG) 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) %.

Tsogo Sun'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 )
=2493/13223.18432
=18.85 %

Tsogo Sun's Enterprise Value for the quarter that ended in Mar. 2026 was R13,223 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tsogo Sun's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,493 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.


Tsogo Sun EV-to-EBIT Related Terms


Tsogo Sun EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tsogo Sun'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.

Tsogo Sun EV-to-EBIT Chart

Tsogo Sun 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 8.12 6.68 6.43 6.35 5.30

Tsogo Sun 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 6.43 0.00 6.35 0.00 5.30

JSE:TSG vs LVS, MGM, WYNN: EV-to-EBIT Comparison

For the Resorts & Casinos subindustry, Tsogo Sun'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.


Tsogo Sun EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tsogo Sun's EV-to-EBIT distribution charts can be found below:

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


JSE:TSG
84GF Score
Tsogo Sun Ltd JSE:TSG
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsogo Sun EV-to-EBIT Calculation

Tsogo Sun's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13484.179/2493
=5.41

Tsogo Sun's current Enterprise Value is R13,484 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tsogo Sun's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,493 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 5.41 mean?
Tsogo Sun (JSE:TSG) has a EV-to-EBIT of 5.41 as of Aug. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tsogo Sun and its competitors. This is 32% below median its historical median of 7.94. Over the past decade, Tsogo Sun's EV-to-EBIT has ranged from 5.17 to 24.36. According to the industry distribution chart, Tsogo Sun ranks #98 out of 644 companies in the Travel & Leisure industry, placing it in the top 15.2%.
Is Tsogo Sun's EV-to-EBIT too high?
Tsogo Sun's current EV-to-EBIT of 5.41 is 32% below median its 10-year median of 7.94. Over the past 10 years, this metric has ranged from a low of 5.17 to a high of 24.36. The Travel & Leisure industry median EV-to-EBIT is 14.22. Tsogo Sun's value of 5.41 is 62% below this industry median. Based on the distribution chart, Tsogo Sun ranks #98 out of 644 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Tsogo Sun has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsogo Sun's EV-to-EBIT compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Tsogo Sun ranks #98 out of 644 companies for EV-to-EBIT. This places Tsogo Sun in the top 15% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 14.22. Tsogo Sun's value of 5.41 is 62% below this benchmark. Historically, Tsogo Sun's own EV-to-EBIT has ranged from 5.17 to 24.36 over the past decade. While the company's 10-year median is 7.94 vs. the industry median of 14.22, Tsogo Sun 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 Travel & Leisure company?
The median EV-to-EBIT among Travel & Leisure companies is 14.22, based on 644 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. Tsogo Sun's current EV-to-EBIT of 5.41 is 62% 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 Tsogo Sun and its competitors. For the Travel & Leisure industry, the median EV-to-EBIT is 14.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsogo Sun's current EV-to-EBIT is 5.41, which is 32% below median its own 10-year median of 7.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsogo Sun stock overvalued right now?
Based on GuruFocus' analysis, Tsogo Sun (JSE:TSG) is currently considered Significantly Undervalued. The stock's GF Value™ is R10.67, compared to a current price of R7.23 — trading 32.2% below its estimated fair value. The current EV-to-EBIT is 5.41, which is 32% below median its 10-year median of 7.94 and 62% below the Travel & Leisure industry median of 14.22. Tsogo Sun's overall GF Score™ is 84/100 with 3 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 Tsogo Sun (JSE:TSG), the current EV-to-EBIT is 5.41 as of Aug. 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 Tsogo Sun (JSE:TSG) Overvalued in 2026?

Based on GuruFocus' analysis, Tsogo Sun stock appears to be undervalued. The current stock price of R7.23 is trading 32.2% below its estimated GF Value™ of R10.67. GuruFocus considers Tsogo Sun to be Significantly Undervalued.

Key valuation signals for JSE:TSG:

  • EV-to-EBIT: 5.41 (32% below median its 10-year median of 7.94)
  • GF Value™: R10.67 vs. price of R7.23 (32.2% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 62% below the Travel & Leisure median (#98 of 644)

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


Tsogo Sun Business Description

Other Exchanges G5E:Germany
Address Montecasino Boulevard, Palazzo Towers East, Fourways, Johannesburg, GT, ZAF, 2055
Tsogo Sun Ltd is engaged principally in the gaming, entertainment, and hospitality industry operating in South Africa. It owns and operates casino and entertainment destinations in South Africa, hotels, Galaxy Bingo sites, VSlots limited payout machines, playTSOGO, Bet.co.za, a Theme Park, theatres, cinemas, restaurants, bars, and conference facilities. The company's operating segments are; Casinos, LPMs, Other gaming and betting, and Corporate. Maximum revenue for the company is derived from its Casinos segment.
84GF Score

Get the complete analysis for JSE:TSG

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

R7.23
Price
R10.67
GF Value