Redefine Properties (JSE:RDF) EV-to-EBITDA: 8.49 (As of Jul. 28, 2026) — 11% 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.

JSE:RDF Redefine Properties Ltd JSE:RDF
57 GF Score
Price R6.28
GF Value R3.73
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Redefine Properties EV-to-EBITDA?

Redefine Properties JSE:RDF +1.78% 57 EV-to-EBITDA is 8.49 as of Jul. 28, 2026, which is 11% below its 10-year median of 9.52. GuruFocus rates JSE:RDF with a GF Score™ of 57/100 and a GF Value™ of R3.73 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 675 REITs companies, Redefine Properties ranks better than 83.7% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Redefine Properties's enterprise value is R85,607 Mil. Redefine Properties's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was R10,084 Mil. Therefore, Redefine Properties's EV-to-EBITDA for today is 8.49.

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

JSE:RDF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -4.69   Med: 9.52   Max: 15.71
Current: 8.49

During the past 13 years, the highest EV-to-EBITDA of Redefine Properties was 15.71. The lowest was -4.69. And the median was 9.52.

JSE:RDF's EV-to-EBITDA is ranked better than
83.7% of 675 companies
in the REITs industry
Industry Median: 15.54 vs JSE:RDF: 8.49

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 (2026-07-28), Redefine Properties's stock price is R6.28. Redefine Properties's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was R0.890. Therefore, Redefine Properties's PE Ratio (TTM) for today is 7.06.

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


Redefine Properties  (JSE:RDF) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.28/0.890
=7.06

Redefine Properties's share price for today is R6.28.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Redefine Properties's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was R0.890.

* 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?


Redefine Properties EV-to-EBITDA Related Terms


Redefine Properties EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Redefine Properties'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.

Redefine Properties EV-to-EBITDA Chart

Redefine Properties Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.29 5.66 13.97 9.46 9.74

Redefine Properties 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 0.00 9.46 0.00 9.74 0.00

JSE:RDF vs VICI, WPC: EV-to-EBITDA Comparison

For the REIT - Diversified subindustry, Redefine Properties'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.


Redefine Properties EV-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Redefine Properties's EV-to-EBITDA distribution charts can be found below:

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


JSE:RDF
57GF Score
Redefine Properties Ltd JSE:RDF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Redefine Properties EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=85606.954/10083.533
=8.49

Redefine Properties's current Enterprise Value is R85,607 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Redefine Properties's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was R10,084 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 8.49 mean?
Redefine Properties (JSE:RDF) has a EV-to-EBITDA of 8.49 as of Jul. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Redefine Properties. This is 11% below median its historical median of 9.52. According to the industry distribution chart, Redefine Properties ranks #110 out of 675 companies in the REITs industry, placing it in the top 16.3%.
Is Redefine Properties' EV-to-EBITDA too high?
Redefine Properties' current EV-to-EBITDA of 8.49 is 11% below median its 10-year median of 9.52. The REITs industry median EV-to-EBITDA is 15.54. Redefine Properties' value of 8.49 is 45.4% below this industry median. Based on the distribution chart, Redefine Properties ranks #110 out of 675 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Redefine Properties has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redefine Properties' EV-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Redefine Properties ranks #110 out of 675 companies for EV-to-EBITDA. This places Redefine Properties in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 15.54. Redefine Properties' value of 8.49 is 45.4% below this benchmark. While the company's 10-year median is 9.52 vs. the industry median of 15.54, Redefine Properties 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 REITs company?
The median EV-to-EBITDA among REITs companies is 15.54, based on 675 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. Redefine Properties's current EV-to-EBITDA of 8.49 is 45.4% 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 Redefine Properties. For the REITs industry, the median EV-to-EBITDA is 15.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redefine Properties's current EV-to-EBITDA is 8.49, which is 11% below median its own 10-year median of 9.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redefine Properties stock overvalued right now?
Based on GuruFocus' analysis, Redefine Properties (JSE:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.73, compared to a current price of R6.28 — trading 68.4% above its estimated fair value. The current EV-to-EBITDA is 8.49, which is 11% below median its 10-year median of 9.52 and 45.4% below the REITs industry median of 15.54. Redefine Properties' overall GF Score™ is 57/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Redefine Properties (JSE:RDF), the current EV-to-EBITDA is 8.49 as of Jul. 28, 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 Redefine Properties (JSE:RDF) Overvalued in 2026?

Based on GuruFocus' analysis, Redefine Properties stock appears to be overvalued. The current stock price of R6.28 is trading 68.4% above its estimated GF Value™ of R3.73. GuruFocus considers Redefine Properties to be Significantly Overvalued.

Key valuation signals for JSE:RDF:

  • EV-to-EBITDA: 8.49 (11% below median its 10-year median of 9.52)
  • GF Value™: R3.73 vs. price of R6.28 (68.4% above fair value)
  • GF Score™: 57/100 with 9 warning signs
  • Industry Position: 45.4% below the REITs median (#110 of 675)

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


Redefine Properties Business Description

Industry Real EstateREITs
Other Exchanges RDPEF:USA
Address 155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland. Within South Africa, over half of the Company's properties by total value are situated in the province of Gauteng. The Group comprises the South Africa portfolio segment, including office, retail, industrial, specialised, and head office. Its international portfolio includes EPP, which is mainly retail; Redefine Europe, which is mainly industrial; Self Storage Investments, which is mainly self-storage; and Lango Real Estate, which represents the head office, along with head office funding related to international investments.
57GF Score

Get the complete analysis for JSE:RDF

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

R6.28
Price
R3.73
GF Value