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, Texton Property Fund's Enterprise Value is R1,384.4 Mil.
Texton Property Fund's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R157.4 Mil. Therefore, Texton Property Fund's EV-to-EBIT ratio for today is 8.80.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Texton Property Fund's Enterprise Value is R1,384.4 Mil.
Texton Property Fund's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was R157.4 Mil. Therefore, Texton Property Fund's EV-to-EBITDA ratio for today is 8.80.
*** 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.
Texton Property Fund (JSE:TEX) 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.
Texton Property Fund's current Enterprise Value is R1,384.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Texton Property Fund's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R157.4 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Texton Property Fund's current Enterprise Value is R1,384.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Texton Property Fund's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was R157.4 Mil.
Texton Property Fund's current Enterprise Value is R1,384.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Texton Property Fund's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was R255.2 Mil.
Texton Property Fund's current Enterprise Value is R1,384.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Texton Property Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was R30.1 Mil.
Texton Property Fund's current Enterprise Value is R1,384.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Texton Property Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was R26.8 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.
Texton Property Fund Enterprise Value Related Terms
Texton Property Fund Enterprise Value Historical Data
* Premium members only.
The historical data trend for Texton 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.
JSE:TEX vs BXP, ARE, VNO: Enterprise Value Comparison
For the REIT - Office subindustry, Texton 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.
Texton Property Fund Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Texton Property Fund's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Texton Property Fund'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.
Texton Property Fund's Enterprise Value for the fiscal year that ended in Jun. 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.
What does a Enterprise Value of R1,384.4 Mil mean?
Texton Property Fund (JSE:TEX) has a Enterprise Value of R1,384.4 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 Texton Property Fund and its competitors.
Is Texton Property Fund's Enterprise Value too high?
Texton Property Fund's current Enterprise Value is R1,384.4 Mil. Overall, Texton Property Fund has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Texton Property Fund's Enterprise Value compare to BXP and ARE?
Texton Property Fund's Enterprise Value of R1,384.4 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 Texton Property Fund and its competitors. Texton Property Fund's current Enterprise Value is R1,384.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texton Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Texton Property Fund (JSE:TEX) is currently considered Fairly Valued. The stock's GF Value™ is R2.45, compared to a current price of R2.64 — trading 7.8% above its estimated fair value. The current Enterprise Value is R1,384.4 Mil. Texton Property Fund's overall GF Score™ is 57/100 with 7 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 Texton Property Fund (JSE:TEX), the current Enterprise Value is R1,384.4 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 Texton Property Fund (JSE:TEX) Overvalued in 2026?
Based on GuruFocus' analysis, Texton Property Fund stock appears to be overvalued.
The current stock price of R2.64 is trading 7.8% above its estimated GF Value™ of R2.45.
GuruFocus considers Texton Property Fund to be Fairly Valued.
Key valuation signals for JSE:TEX:
Enterprise Value: R1,384.4 Mil
GF Value™: R2.45 vs. price of R2.64 (7.8% above fair value)
No single metric tells the full story. See the JSE:TEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texton Property Fund Ltd is a Real Estate Investment Trust that provides shareholders with access to a diversified portfolio of direct and indirect global real estate investments. The portfolio aims to deliver long-term income and capital growth. The core objective is to deliver sustainable, risk-adjusted returns to stakeholders through disciplined capital allocation, strategic asset management, and value-driven investments. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and international investments. Direct property investments are split into office, retail, and industrial.
57GF Score
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