Burstone Group (JSE:BTN) Enterprise Value: R14,190 Mil (As of Jul. 08, 2026) ***


JSE:BTN Burstone Group Ltd JSE:BTN
77 GF Score
Price R9.63
GF Value R9.66
Valuation Fairly Valued
! 11 Warning Signs
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What is Burstone Group Enterprise Value?

Burstone Group JSE:BTN +0.21% 77 Enterprise Value is R14,190 Mil as of Jul. 08, 2026. GuruFocus rates JSE:BTN with a GF Score™ of 77/100 and a GF Value™ of R9.66 (Fairly Valued). The stock has 11 warning signs investors should review.

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, Burstone Group's Enterprise Value is R14,190 Mil. Burstone Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R1,321 Mil. Therefore, Burstone Group's EV-to-EBIT ratio for today is 10.74.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Burstone Group's Enterprise Value is R14,190 Mil. Burstone Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was R1,394 Mil. Therefore, Burstone Group's EV-to-EBITDA ratio for today is 10.18.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Burstone Group's Enterprise Value is R14,190 Mil. Burstone Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was R2,025 Mil. Therefore, Burstone Group's EV-to-Revenue ratio for today is 7.01.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Burstone Group's Enterprise Value is R14,190 Mil. Burstone Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was R-198 Mil. Therefore, Burstone Group's EV-to-OCF ratio for today is -71.77.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Burstone Group's Enterprise Value is R14,190 Mil. Burstone Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was R-443 Mil. Therefore, Burstone Group's EV-to-FCF ratio for today is -32.03.

*** 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.


Burstone Group  (JSE:BTN) 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.

Burstone Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14189.576/1320.809
=10.74

Burstone Group's current Enterprise Value is R14,190 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Burstone Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R1,321 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Burstone Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=14189.576/1394.192
=10.18

Burstone Group's current Enterprise Value is R14,190 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Burstone Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was R1,394 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Burstone Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=14189.576/2024.645
=7.01

Burstone Group's current Enterprise Value is R14,190 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Burstone Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was R2,025 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Burstone Group's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=14189.576/-197.718
=-71.77

Burstone Group's current Enterprise Value is R14,190 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Burstone Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was R-198 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Burstone Group's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=14189.576/-443.017
=-32.03

Burstone Group's current Enterprise Value is R14,190 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Burstone Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was R-443 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.


Burstone Group Enterprise Value Related Terms


Burstone Group Enterprise Value Historical Data

* Premium members only.

The historical data trend for Burstone Group'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.

Burstone Group Enterprise Value Chart

Burstone Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,057.30 17,878.91 18,003.21 14,042.07 13,772.80

Burstone Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Enterprise Value 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 18,003.21 18,469.74 14,042.07 13,332.90 13,772.80

JSE:BTN vs VICI, WPC: Enterprise Value Comparison

For the REIT - Diversified subindustry, Burstone Group'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.


Burstone Group Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Burstone Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Burstone Group's Enterprise Value falls into.


JSE:BTN
77GF Score
Burstone Group Ltd JSE:BTN
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Burstone Group Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Burstone Group's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Burstone Group's Enterprise Value for the quarter that ended in Mar. 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of R14,190 Mil mean?
Burstone Group (JSE:BTN) has a Enterprise Value of R14,190 Mil as of Jul. 08, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Burstone Group and its competitors.
Is Burstone Group's Enterprise Value too high?
Burstone Group's current Enterprise Value is R14,190 Mil. Overall, Burstone Group has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Burstone Group's Enterprise Value compare to VICI and WPC?
Burstone Group's Enterprise Value of R14,190 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 Burstone Group and its competitors. Burstone Group's current Enterprise Value is R14,190 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burstone Group stock overvalued right now?
Based on GuruFocus' analysis, Burstone Group (JSE:BTN) is currently considered Fairly Valued. The stock's GF Value™ is R9.66, compared to a current price of R9.63 — trading 0.3% below its estimated fair value. The current Enterprise Value is R14,190 Mil. Burstone Group's overall GF Score™ is 77/100 with 11 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 Burstone Group (JSE:BTN), the current Enterprise Value is R14,190 Mil as of Jul. 08, 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 Burstone Group (JSE:BTN) Overvalued in 2026?

Based on GuruFocus' analysis, Burstone Group stock appears to be undervalued. The current stock price of R9.63 is trading 0.3% below its estimated GF Value™ of R9.66. GuruFocus considers Burstone Group to be Fairly Valued.

Key valuation signals for JSE:BTN:

  • Enterprise Value: R14,190 Mil
  • GF Value™: R9.66 vs. price of R9.63 (0.3% below fair value)
  • GF Score™: 77/100 with 11 warning signs

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


Burstone Group Business Description

Industry Real EstateREITs
Address 4 Sandown Valley Crescent, 4th Floor, Sandown, Sandton, GT, ZAF, 2196
Burstone Group Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.
77GF Score

Get the complete analysis for JSE:BTN

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

R9.63
Price
R9.66
GF Value