Cemat AS (OCSE:CEMAT) EV-to-EBIT: 2.55 (As of Aug. 16, 2026) — 75% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OCSE:CEMAT Cemat AS OCSE:CEMAT
69 GF Score
Price kr0.87
GF Value kr5.02
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Cemat AS EV-to-EBIT?

Cemat AS OCSE:CEMAT 69 EV-to-EBIT is 2.55 as of Aug. 16, 2026, which is 75% below its 10-year median of 10.04. GuruFocus rates OCSE:CEMAT with a GF Score™ of 69/100 and a GF Value™ of kr5.02 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,360 Real Estate companies, Cemat AS ranks better than 92.13% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cemat AS's Enterprise Value is kr219.5 Mil. Cemat AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr86.2 Mil. Therefore, Cemat AS's EV-to-EBIT for today is 2.55.

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

OCSE:CEMAT' s EV-to-EBIT Range Over the Past 10 Years
Min: -114.33   Med: 10.04   Max: 48.58
Current: 2.55

During the past 13 years, the highest EV-to-EBIT of Cemat AS was 48.58. The lowest was -114.33. And the median was 10.04.

OCSE:CEMAT's EV-to-EBIT is ranked better than
92.13% of 1360 companies
in the Real Estate industry
Industry Median: 13.395 vs OCSE:CEMAT: 2.55

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Cemat AS's Enterprise Value for the quarter that ended in Dec. 2025 was kr233.0 Mil. Cemat AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr86.2 Mil. Cemat AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 36.98%.


Cemat AS  (OCSE:CEMAT) 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) %.

Cemat AS'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 )
=86.17/232.9884
=36.98 %

Cemat AS's Enterprise Value for the quarter that ended in Dec. 2025 was kr233.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cemat AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr86.2 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.


Cemat AS EV-to-EBIT Related Terms


Cemat AS EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Cemat AS'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.

Cemat AS EV-to-EBIT Chart

Cemat AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.90 6.31 16.80 15.74 2.70

Cemat AS 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 16.80 0.00 15.74 0.00 2.70

OCSE:CEMAT vs CBRE, BEKE, JLL: EV-to-EBIT Comparison

For the Real Estate Services subindustry, Cemat AS'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.


Cemat AS EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Cemat AS's EV-to-EBIT distribution charts can be found below:

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


OCSE:CEMAT
69GF Score
Cemat AS OCSE:CEMAT
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cemat AS EV-to-EBIT Calculation

Cemat AS's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=219.497/86.17
=2.55

Cemat AS's current Enterprise Value is kr219.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cemat AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr86.2 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 2.55 mean?
Cemat AS (OCSE:CEMAT) has a EV-to-EBIT of 2.55 as of Aug. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Cemat AS and its competitors. This is 75% below median its historical median of 10.04. According to the industry distribution chart, Cemat AS ranks #107 out of 1360 companies in the Real Estate industry, placing it in the top 7.9%.
Is Cemat AS's EV-to-EBIT too high?
Cemat AS's current EV-to-EBIT of 2.55 is 75% below median its 10-year median of 10.04. The Real Estate industry median EV-to-EBIT is 13.40. Cemat AS's value of 2.55 is 81% below this industry median. Based on the distribution chart, Cemat AS ranks #107 out of 1360 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Cemat AS has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cemat AS's EV-to-EBIT compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Cemat AS ranks #107 out of 1360 companies for EV-to-EBIT. This places Cemat AS in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 13.40. Cemat AS's value of 2.55 is 81% below this benchmark. While the company's 10-year median is 10.04 vs. the industry median of 13.40, Cemat AS 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 Real Estate company?
The median EV-to-EBIT among Real Estate companies is 13.40, based on 1,360 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. Cemat AS's current EV-to-EBIT of 2.55 is 81% 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 Cemat AS and its competitors. For the Real Estate industry, the median EV-to-EBIT is 13.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cemat AS's current EV-to-EBIT is 2.55, which is 75% below median its own 10-year median of 10.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cemat AS stock overvalued right now?
Based on GuruFocus' analysis, Cemat AS (OCSE:CEMAT) is currently considered Possible Value Trap. The stock's GF Value™ is kr5.02, compared to a current price of kr0.87 — trading 82.7% below its estimated fair value. The current EV-to-EBIT is 2.55, which is 75% below median its 10-year median of 10.04 and 81% below the Real Estate industry median of 13.40. Cemat AS's overall GF Score™ is 69/100 with 2 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 Cemat AS (OCSE:CEMAT), the current EV-to-EBIT is 2.55 as of Aug. 16, 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 Cemat AS (OCSE:CEMAT) Overvalued in 2026?

Based on GuruFocus' analysis, Cemat AS stock appears to be undervalued. The current stock price of kr0.87 is trading 82.7% below its estimated GF Value™ of kr5.02. GuruFocus considers Cemat AS to be Possible Value Trap.

Key valuation signals for OCSE:CEMAT:

  • EV-to-EBIT: 2.55 (75% below median its 10-year median of 10.04)
  • GF Value™: kr5.02 vs. price of kr0.87 (82.7% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 81% below the Real Estate median (#107 of 1360)

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


Cemat AS Business Description

Other Exchanges 1X9:Germany
Address c/o DLA Piper Denmark Law Firm P/S, Oslo Plads 2, Copenhagen V, DNK, 2100
Cemat AS is a Denmark-based holding company that engages in the real estate business. The Group comprises two segments that is Property management division comprising letting of premises and land and the provision of utilities to tenants, including power, water, natural gas, facility services, etc. and the other is Property development including the preparation and implementation of development projects, in the field of housing and commercial space. The company derives maximum revenue from Property Management & Holding Segment.
69GF Score

Get the complete analysis for OCSE:CEMAT

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

kr0.87
Price
kr5.02
GF Value