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, Coronation Fund Managers's Enterprise Value is R13,528 Mil.
Coronation Fund Managers's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,243 Mil. Therefore, Coronation Fund Managers's EV-to-EBIT ratio for today is 6.03.
*** 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.
Coronation Fund Managers (JSE:CML) 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.
Coronation Fund Managers's EV-to-EBIT for today is
Coronation Fund Managers's current Enterprise Value is R13,528 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Coronation Fund Managers's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,243 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Coronation Fund Managers's EV-to-EBITDA for today is:
Coronation Fund Managers's current Enterprise Value is R13,528 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Coronation Fund Managers's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was R2,243 Mil.
Coronation Fund Managers's current Enterprise Value is R13,528 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Coronation Fund Managers's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was R4,342 Mil.
Coronation Fund Managers's current Enterprise Value is R13,528 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Coronation Fund Managers's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was R-505 Mil.
Coronation Fund Managers's current Enterprise Value is R13,528 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Coronation Fund Managers's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was R-511 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.
Coronation Fund Managers Enterprise Value Related Terms
Coronation Fund Managers Enterprise Value Historical Data
* 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:CML vs BLK, BX, KKR: Enterprise Value Comparison
For the Asset Management subindustry, Coronation Fund Managers'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.
Coronation Fund Managers Enterprise Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Coronation Fund Managers's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Coronation Fund Managers's Enterprise Value falls into.
Coronation Fund Managers 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.
Coronation Fund Managers's Enterprise Value for the fiscal year that ended in Sep. 2025 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.
Coronation Fund Managers (JSE:CML) has a Enterprise Value of R13,528 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Coronation Fund Managers and its competitors.
Is Coronation Fund Managers' Enterprise Value too high?
Coronation Fund Managers' current Enterprise Value is R13,528 Mil. Overall, Coronation Fund Managers has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coronation Fund Managers' Enterprise Value compare to BLK and BX?
Coronation Fund Managers' Enterprise Value of R13,528 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Enterprise Value depends on the Asset Management 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 Coronation Fund Managers and its competitors. Coronation Fund Managers's current Enterprise Value is R13,528 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coronation Fund Managers stock overvalued right now?
Based on GuruFocus' analysis, Coronation Fund Managers (JSE:CML) is currently considered Fairly Valued. The stock's GF Value™ is R42.09, compared to a current price of R39.80 — trading 5.4% below its estimated fair value. The current Enterprise Value is R13,528 Mil. Coronation Fund Managers' overall GF Score™ is 76/100 with 5 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 Coronation Fund Managers (JSE:CML), the current Enterprise Value is R13,528 Mil as of Jun. 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 Coronation Fund Managers (JSE:CML) Overvalued in 2026?
Based on GuruFocus' analysis, Coronation Fund Managers stock appears to be undervalued.
The current stock price of R39.80 is trading 5.4% below its estimated GF Value™ of R42.09.
GuruFocus considers Coronation Fund Managers to be Fairly Valued.
Key valuation signals for JSE:CML:
Enterprise Value: R13,528 Mil
GF Value™: R42.09 vs. price of R39.80 (5.4% below fair value)
No single metric tells the full story. See the JSE:CML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.
76GF Score
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