Equites Property Fund (JSE:EQU) Enterprise Value: R27,186 Mil (As of Aug. 11, 2026) ***

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JSE:EQU Equites Property Fund Ltd JSE:EQU
79 GF Score
Price R17.79
GF Value R13.45
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Equites Property Fund Enterprise Value?

Equites Property Fund JSE:EQU +0.57% 79 Enterprise Value is R27,186 Mil as of Aug. 11, 2026. GuruFocus rates JSE:EQU with a GF Score™ of 79/100 and a GF Value™ of R13.45 (Significantly Overvalued). The stock has 12 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, Equites Property Fund's Enterprise Value is R27,186 Mil. Equites Property Fund's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was R2,725 Mil. Therefore, Equites Property Fund's EV-to-EBIT ratio for today is 9.98.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Equites Property Fund's Enterprise Value is R27,186 Mil. Equites Property Fund's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was R2,742 Mil. Therefore, Equites Property Fund's EV-to-EBITDA ratio for today is 9.91.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Equites Property Fund's Enterprise Value is R27,186 Mil. Equites Property Fund's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was R3,154 Mil. Therefore, Equites Property Fund's EV-to-Revenue ratio for today is 8.62.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Equites Property Fund's Enterprise Value is R27,186 Mil. Equites Property Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was R-265 Mil. Therefore, Equites Property Fund's EV-to-OCF ratio for today is -102.50.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Equites Property Fund's Enterprise Value is R27,186 Mil. Equites Property Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was R-266 Mil. Therefore, Equites Property Fund's EV-to-FCF ratio for today is -102.39.

*** 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.


Equites Property Fund  (JSE:EQU) 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.

Equites Property Fund's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=27186.221/2725.432
=9.98

Equites Property Fund's current Enterprise Value is R27,186 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Equites Property Fund's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was R2,725 Mil.

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

Equites Property Fund's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=27186.221/2742.128
=9.91

Equites Property Fund's current Enterprise Value is R27,186 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Equites Property Fund's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was R2,742 Mil.

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

Equites Property Fund's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=27186.221/3153.595
=8.62

Equites Property Fund's current Enterprise Value is R27,186 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Equites Property Fund's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was R3,154 Mil.

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

Equites Property Fund's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=27186.221/-265.227
=-102.50

Equites Property Fund's current Enterprise Value is R27,186 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Equites Property Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was R-265 Mil.

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

Equites Property Fund's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=27186.221/-265.516
=-102.39

Equites Property Fund's current Enterprise Value is R27,186 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Equites Property Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was R-266 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.


Equites Property Fund Enterprise Value Related Terms


Equites Property Fund Enterprise Value Historical Data

* Premium members only.

The historical data trend for Equites Property Fund'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.

Equites Property Fund Enterprise Value Chart

Equites Property Fund Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,732.35 26,177.35 25,288.27 25,662.97 28,374.77

Equites Property Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 25,288.27 26,576.51 25,662.97 26,157.83 28,374.77

JSE:EQU vs PLD, PSA, EXR: Enterprise Value Comparison

For the REIT - Industrial subindustry, Equites Property Fund'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.


Equites Property Fund Enterprise Value vs REITs Industry

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

* The bar in red indicates where Equites Property Fund's Enterprise Value falls into.


JSE:EQU
79GF Score
Equites Property Fund Ltd JSE:EQU
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equites Property Fund 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.

Equites Property Fund's Enterprise Value for the fiscal year that ended in Feb. 2026 is calculated as

Equites Property Fund's Enterprise Value for the quarter 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of R27,186 Mil mean?
Equites Property Fund (JSE:EQU) has a Enterprise Value of R27,186 Mil as of Aug. 11, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Equites Property Fund and its competitors.
Is Equites Property Fund's Enterprise Value too high?
Equites Property Fund's current Enterprise Value is R27,186 Mil. Overall, Equites Property Fund has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equites Property Fund's Enterprise Value compare to PLD and PSA?
Equites Property Fund's Enterprise Value of R27,186 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 Equites Property Fund and its competitors. Equites Property Fund's current Enterprise Value is R27,186 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equites Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Equites Property Fund (JSE:EQU) is currently considered Significantly Overvalued. The stock's GF Value™ is R13.45, compared to a current price of R17.79 — trading 32.3% above its estimated fair value. The current Enterprise Value is R27,186 Mil. Equites Property Fund's overall GF Score™ is 79/100 with 12 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 Equites Property Fund (JSE:EQU), the current Enterprise Value is R27,186 Mil as of Aug. 11, 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 Equites Property Fund (JSE:EQU) Overvalued in 2026?

Based on GuruFocus' analysis, Equites Property Fund stock appears to be overvalued. The current stock price of R17.79 is trading 32.3% above its estimated GF Value™ of R13.45. GuruFocus considers Equites Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:EQU:

  • Enterprise Value: R27,186 Mil
  • GF Value™: R13.45 vs. price of R17.79 (32.3% above fair value)
  • GF Score™: 79/100 with 12 warning signs

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


Equites Property Fund Business Description

Industry Real EstateREITs
Address 4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001
Equites Property Fund Ltd generates rental income from investment in and development of modern logistics facilities. Its business activities include development, acquisition of vacant land and brownfield opportunities, acquisition of tenanted property, property management, and capital management. The Group operates through three reportable segments: SA Industrial, generate maximum revenue, which incorporates all the SA industrial and logistics assets; UK Developer, which relates to the disposal of land and turnkey developments; and Other, which comprises non-property-related activities. The Group has industrial and logistics assets in the Western Cape, Eastern Cape, Gauteng, and KwaZulu-Natal, and one ongoing development site in the UK.
79GF Score

Get the complete analysis for JSE:EQU

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

R17.79
Price
R13.45
GF Value