AYER Holdings Bhd (XKLS:2305) EV-to-EBIT: 3.80 (As of Aug. 19, 2026) — 61% 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.

XKLS:2305 AYER Holdings Bhd XKLS:2305
81 GF Score
Price RM7.25
GF Value RM11.70
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is AYER Holdings Bhd EV-to-EBIT?

AYER Holdings Bhd XKLS:2305 -3.33% 81 EV-to-EBIT is 3.80 as of Aug. 19, 2026, which is 61% below its 10-year median of 9.86. GuruFocus rates XKLS:2305 with a GF Score™ of 81/100 and a GF Value™ of RM11.70 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,356 Real Estate companies, AYER Holdings Bhd ranks better than 88.86% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, AYER Holdings Bhd's Enterprise Value is RM343.6 Mil. AYER Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM90.3 Mil. Therefore, AYER Holdings Bhd's EV-to-EBIT for today is 3.80.

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

XKLS:2305' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.6   Med: 9.86   Max: 89.89
Current: 3.8

During the past 13 years, the highest EV-to-EBIT of AYER Holdings Bhd was 89.89. The lowest was 3.60. And the median was 9.86.

XKLS:2305's EV-to-EBIT is ranked better than
88.86% of 1356 companies
in the Real Estate industry
Industry Median: 13.365 vs XKLS:2305: 3.80

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. AYER Holdings Bhd's Enterprise Value for the quarter that ended in Mar. 2026 was RM318.1 Mil. AYER Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM90.3 Mil. AYER Holdings Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 28.40%.


AYER Holdings Bhd  (XKLS:2305) 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) %.

AYER Holdings Bhd'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 )
=90.335/318.11523
=28.40 %

AYER Holdings Bhd's Enterprise Value for the quarter that ended in Mar. 2026 was RM318.1 Mil.
AYER Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM90.3 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.


AYER Holdings Bhd EV-to-EBIT Related Terms


AYER Holdings Bhd EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for AYER Holdings Bhd'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.

AYER Holdings Bhd EV-to-EBIT Chart

AYER Holdings Bhd Annual Data
Trend Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.60 6.77 6.19 8.27 4.91

AYER Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 6.45 5.89 5.38 4.91 3.52

AYER Holdings Bhd EV-to-EBIT Competitor Comparison

For the Real Estate - Development subindustry, AYER Holdings Bhd'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.


AYER Holdings Bhd EV-to-EBIT vs Real Estate Industry

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

* The bar in red indicates where AYER Holdings Bhd's EV-to-EBIT falls into.


XKLS:2305
81GF Score
AYER Holdings Bhd XKLS:2305
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AYER Holdings Bhd EV-to-EBIT Calculation

AYER Holdings Bhd's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=343.566/90.335
=3.80

AYER Holdings Bhd's current Enterprise Value is RM343.6 Mil.
AYER Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM90.3 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 3.80 mean?
AYER Holdings Bhd (XKLS:2305) has a EV-to-EBIT of 3.80 as of Aug. 19, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on AYER Holdings Bhd and its competitors. This is 61% below median its historical median of 9.86. Over the past decade, AYER Holdings Bhd's EV-to-EBIT has ranged from 3.60 to 89.89. According to the industry distribution chart, AYER Holdings Bhd ranks #151 out of 1356 companies in the Real Estate industry, placing it in the top 11.1%.
Is AYER Holdings Bhd's EV-to-EBIT too high?
AYER Holdings Bhd's current EV-to-EBIT of 3.80 is 61% below median its 10-year median of 9.86. Over the past 10 years, this metric has ranged from a low of 3.60 to a high of 89.89. The Real Estate industry median EV-to-EBIT is 13.37. AYER Holdings Bhd's value of 3.80 is 71.6% below this industry median. Based on the distribution chart, AYER Holdings Bhd ranks #151 out of 1356 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, AYER Holdings Bhd has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AYER Holdings Bhd's EV-to-EBIT compare to competitors?
According to the Real Estate industry distribution chart, AYER Holdings Bhd ranks #151 out of 1356 companies for EV-to-EBIT. This places AYER Holdings Bhd in the top 11% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 13.37. AYER Holdings Bhd's value of 3.80 is 71.6% below this benchmark. Historically, AYER Holdings Bhd's own EV-to-EBIT has ranged from 3.60 to 89.89 over the past decade. While the company's 10-year median is 9.86 vs. the industry median of 13.37, AYER Holdings Bhd 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 13.37, based on 1,356 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. AYER Holdings Bhd's current EV-to-EBIT of 3.80 is 71.6% 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 AYER Holdings Bhd and its competitors. For the Real Estate industry, the median EV-to-EBIT is 13.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AYER Holdings Bhd's current EV-to-EBIT is 3.80, which is 61% below median its own 10-year median of 9.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AYER Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, AYER Holdings Bhd (XKLS:2305) is currently considered Possible Value Trap. The stock's GF Value™ is RM11.70, compared to a current price of RM7.25 — trading 38% below its estimated fair value. The current EV-to-EBIT is 3.80, which is 61% below median its 10-year median of 9.86 and 71.6% below the Real Estate industry median of 13.37. AYER Holdings Bhd's overall GF Score™ is 81/100 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 AYER Holdings Bhd (XKLS:2305), the current EV-to-EBIT is 3.80 as of Aug. 19, 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 AYER Holdings Bhd (XKLS:2305) Overvalued in 2026?

Based on GuruFocus' analysis, AYER Holdings Bhd stock appears to be undervalued. The current stock price of RM7.25 is trading 38% below its estimated GF Value™ of RM11.70. GuruFocus considers AYER Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:2305:

  • EV-to-EBIT: 3.80 (61% below median its 10-year median of 9.86)
  • GF Value™: RM11.70 vs. price of RM7.25 (38% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 71.6% below the Real Estate median (#151 of 1356)

No single metric tells the full story. See the XKLS:2305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AYER Holdings Bhd Business Description

Address 15 Jalan Raja Chulan, 5th Floor, Bangunan Yee Seng, Kuala Lumpur, MYS, 50200
AYER Holdings Bhd is an investment holding company. The principal activities of the company and its subsidiaries are categorized into two segments, namely Property Development, Plantation, and Others. Its Property development segment is engaged in developing residential and commercial properties. Its Plantation segment is involved in cultivating oil palm and durian. Other segments include investments, management services and others. The majority of revenue is earned from the Property development segment.
81GF Score

Get the complete analysis for XKLS:2305

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

RM7.25
Price
RM11.70
GF Value