Afrimat (JSE:AFT) EV-to-EBITDA: 5.13 (As of Aug. 06, 2026) — 26% Below Median

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JSE:AFT Afrimat Ltd JSE:AFT
71 GF Score
Price R27.93
GF Value R98.97
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Afrimat EV-to-EBITDA?

Afrimat JSE:AFT -0.89% 71 EV-to-EBITDA is 5.13 as of Aug. 06, 2026, which is 26% below its 10-year median of 6.96. GuruFocus rates JSE:AFT with a GF Score™ of 71/100 and a GF Value™ of R98.97 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 348 Building Materials companies, Afrimat ranks better than 78.45% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Afrimat's enterprise value is R6,504 Mil. Afrimat's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was R1,268 Mil. Therefore, Afrimat's EV-to-EBITDA for today is 5.13.

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

JSE:AFT' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.84   Med: 6.96   Max: 10.97
Current: 5.12

During the past 13 years, the highest EV-to-EBITDA of Afrimat was 10.97. The lowest was 3.84. And the median was 6.96.

JSE:AFT's EV-to-EBITDA is ranked better than
78.45% of 348 companies
in the Building Materials industry
Industry Median: 8.81 vs JSE:AFT: 5.12

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-06), Afrimat's stock price is R27.93. Afrimat's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was R0.791. Therefore, Afrimat's PE Ratio (TTM) for today is 35.31.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Afrimat  (JSE:AFT) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Afrimat's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=27.93/0.791
=35.31

Afrimat's share price for today is R27.93.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Afrimat's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was R0.791.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Afrimat EV-to-EBITDA Related Terms


Afrimat EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Afrimat's EV-to-EBITDA 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.

Afrimat EV-to-EBITDA Chart

Afrimat Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.81 6.00 6.11 9.70 6.29

Afrimat Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
EV-to-EBITDA 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 6.11 0.00 9.70 0.00 6.29

JSE:AFT vs CRH, VMC, MLM: EV-to-EBITDA Comparison

For the Building Materials subindustry, Afrimat's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Afrimat EV-to-EBITDA vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Afrimat's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Afrimat's EV-to-EBITDA falls into.


JSE:AFT
71GF Score
Afrimat Ltd JSE:AFT
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afrimat EV-to-EBITDA Calculation

Afrimat's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6503.738/1268.285
=5.13

Afrimat's current Enterprise Value is R6,504 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Afrimat's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was R1,268 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-EBITDA →
What does a EV-to-EBITDA of 5.13 mean?
Afrimat (JSE:AFT) has a EV-to-EBITDA of 5.13 as of Aug. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Afrimat. This is 26% below median its historical median of 6.96. Over the past decade, Afrimat's EV-to-EBITDA has ranged from 3.84 to 10.97. According to the industry distribution chart, Afrimat ranks #75 out of 348 companies in the Building Materials industry, placing it in the top 21.6%.
Is Afrimat's EV-to-EBITDA too high?
Afrimat's current EV-to-EBITDA of 5.13 is 26% below median its 10-year median of 6.96. Over the past 10 years, this metric has ranged from a low of 3.84 to a high of 10.97. The Building Materials industry median EV-to-EBITDA is 8.81. Afrimat's value of 5.13 is 41.8% below this industry median. Based on the distribution chart, Afrimat ranks #75 out of 348 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Afrimat has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afrimat's EV-to-EBITDA compare to CRH and VMC?
According to the Building Materials industry distribution chart, Afrimat ranks #75 out of 348 companies for EV-to-EBITDA. This places Afrimat in the top 22% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 8.81. Afrimat's value of 5.13 is 41.8% below this benchmark. Historically, Afrimat's own EV-to-EBITDA has ranged from 3.84 to 10.97 over the past decade. While the company's 10-year median is 6.96 vs. the industry median of 8.81, Afrimat 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-EBITDA for a Building Materials company?
The median EV-to-EBITDA among Building Materials companies is 8.81, based on 348 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Afrimat's current EV-to-EBITDA of 5.13 is 41.8% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Afrimat. For the Building Materials industry, the median EV-to-EBITDA is 8.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afrimat's current EV-to-EBITDA is 5.13, which is 26% below median its own 10-year median of 6.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrimat stock overvalued right now?
Based on GuruFocus' analysis, Afrimat (JSE:AFT) is currently considered Significantly Undervalued. The stock's GF Value™ is R98.97, compared to a current price of R27.93 — trading 71.8% below its estimated fair value. The current EV-to-EBITDA is 5.13, which is 26% below median its 10-year median of 6.96 and 41.8% below the Building Materials industry median of 8.81. Afrimat's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Afrimat (JSE:AFT), the current EV-to-EBITDA is 5.13 as of Aug. 06, 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 Afrimat (JSE:AFT) Overvalued in 2026?

Based on GuruFocus' analysis, Afrimat stock appears to be undervalued. The current stock price of R27.93 is trading 71.8% below its estimated GF Value™ of R98.97. GuruFocus considers Afrimat to be Significantly Undervalued.

Key valuation signals for JSE:AFT:

  • EV-to-EBITDA: 5.13 (26% below median its 10-year median of 6.96)
  • GF Value™: R98.97 vs. price of R27.93 (71.8% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 41.8% below the Building Materials median (#75 of 348)

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


Afrimat Business Description

Address Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530
Afrimat Ltd is a South Africa-based company. It has five segment Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The company generates majority of revenue from Construction Materials comprises two distinct product segments: Aggregates and Cement. Aggregates include the sale of sand, gravel, crushed stone, and concrete-based products. Concrete-based products are produced using rock, sand, water, cement, and readymix concrete are typically used in various construction applications. The segment also includes the processing and sale of fly-ash, a by-product used to enhance concrete performance. Cement consists of the manufacturing and supply of cement. The Group views the entire southern African region as a single geographical area.
71GF Score

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

R27.93
Price
R98.97
GF Value