Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Afine Investments's Enterprise Value is R455.59 Mil.
Afine Investments's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was R49.46 Mil. Therefore, Afine Investments's EV-to-EBIT ratio for today is 9.21.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Afine Investments's Enterprise Value is R455.59 Mil.
Afine Investments's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was R49.46 Mil. Therefore, Afine Investments's EV-to-EBITDA ratio for today is 9.21.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Afine Investments's Enterprise Value is R455.59 Mil.
Afine Investments's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was R50.77 Mil. Therefore, Afine Investments's EV-to-Revenue ratio for today is 8.97.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Afine Investments (JSE:ANI) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Afine Investments's current Enterprise Value is R455.59 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Afine Investments's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was R49.46 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Afine Investments's current Enterprise Value is R455.59 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Afine Investments's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was R49.46 Mil.
Afine Investments's current Enterprise Value is R455.59 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Afine Investments's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was R50.77 Mil.
Afine Investments's current Enterprise Value is R455.59 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Afine Investments's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was R50.20 Mil.
Afine Investments's current Enterprise Value is R455.59 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Afine Investments's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was R50.20 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.
Afine Investments Enterprise Value Related Terms
Afine Investments Enterprise Value Historical Data
* Premium members only.
The historical data trend for Afine Investments's Enterprise Value 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.
JSE:ANI vs EQIX, AMT, DLR: Enterprise Value Comparison
For the REIT - Specialty subindustry, Afine Investments's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
Afine Investments Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Afine Investments's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Afine Investments's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Afine Investments's Enterprise Value for the fiscal year that ended in Feb. 2026 is calculated as
* 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.
Afine Investments (JSE:ANI) has a Enterprise Value of R455.59 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Afine Investments and its competitors.
Is Afine Investments' Enterprise Value too high?
Afine Investments' current Enterprise Value is R455.59 Mil. Overall, Afine Investments has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afine Investments' Enterprise Value compare to EQIX and AMT?
Afine Investments' Enterprise Value of R455.59 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Afine Investments and its competitors. Afine Investments's current Enterprise Value is R455.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afine Investments stock overvalued right now?
Based on GuruFocus' analysis, Afine Investments (JSE:ANI) is currently considered Fairly Valued. The stock's GF Value™ is R4.94, compared to a current price of R5.00 — trading 1.2% above its estimated fair value. The current Enterprise Value is R455.59 Mil. Afine Investments' overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Afine Investments (JSE:ANI), the current Enterprise Value is R455.59 Mil as of Jun. 30, 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 Afine Investments (JSE:ANI) Overvalued in 2026?
Based on GuruFocus' analysis, Afine Investments stock appears to be overvalued.
The current stock price of R5.00 is trading 1.2% above its estimated GF Value™ of R4.94.
GuruFocus considers Afine Investments to be Fairly Valued.
Key valuation signals for JSE:ANI:
Enterprise Value: R455.59 Mil
GF Value™: R4.94 vs. price of R5.00 (1.2% above fair value)
No single metric tells the full story. See the JSE:ANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segments, the majority of revenue is generated from Gauteng and North-West.
62GF Score
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