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, Tsogo Sun's Enterprise Value is R14,134 Mil.
Tsogo Sun's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,495 Mil. Therefore, Tsogo Sun's EV-to-EBIT ratio for today is 5.67.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tsogo Sun's Enterprise Value is R14,134 Mil.
Tsogo Sun's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was R3,171 Mil. Therefore, Tsogo Sun's EV-to-EBITDA ratio for today is 4.46.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tsogo Sun's Enterprise Value is R14,134 Mil.
Tsogo Sun's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was R10,841 Mil. Therefore, Tsogo Sun's EV-to-Revenue ratio for today is 1.30.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tsogo Sun's Enterprise Value is R14,134 Mil.
Tsogo Sun's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was R1,064 Mil. Therefore, Tsogo Sun's EV-to-FCF ratio for today is 13.28.
*** 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.
Tsogo Sun (JSE:TSG) 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.
Tsogo Sun's current Enterprise Value is R14,134 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tsogo Sun's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,495 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tsogo Sun's current Enterprise Value is R14,134 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tsogo Sun's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was R3,171 Mil.
Tsogo Sun's current Enterprise Value is R14,134 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tsogo Sun's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was R10,841 Mil.
Tsogo Sun's current Enterprise Value is R14,134 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tsogo Sun's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was R1,787 Mil.
Tsogo Sun's current Enterprise Value is R14,134 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tsogo Sun's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was R1,064 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.
Tsogo Sun Enterprise Value Related Terms
Tsogo Sun Enterprise Value Historical Data
* Premium members only.
The historical data trend for Tsogo Sun'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:TSG vs LVS, MGM, WYNN: Enterprise Value Comparison
For the Resorts & Casinos subindustry, Tsogo Sun'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.
Tsogo Sun Enterprise Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tsogo Sun's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tsogo Sun'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.
Tsogo Sun's Enterprise Value for the fiscal year 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.
Tsogo Sun (JSE:TSG) has a Enterprise Value of R14,134 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tsogo Sun and its competitors.
Is Tsogo Sun's Enterprise Value too high?
Tsogo Sun's current Enterprise Value is R14,134 Mil. Overall, Tsogo Sun has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsogo Sun's Enterprise Value compare to LVS and MGM?
Tsogo Sun's Enterprise Value of R14,134 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure 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 Tsogo Sun and its competitors. Tsogo Sun's current Enterprise Value is R14,134 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsogo Sun stock overvalued right now?
Based on GuruFocus' analysis, Tsogo Sun (JSE:TSG) is currently considered Modestly Undervalued. The stock's GF Value™ is R10.62, compared to a current price of R7.90 — trading 25.6% below its estimated fair value. The current Enterprise Value is R14,134 Mil. Tsogo Sun's overall GF Score™ is 78/100 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 Tsogo Sun (JSE:TSG), the current Enterprise Value is R14,134 Mil as of Jul. 02, 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 Tsogo Sun (JSE:TSG) Overvalued in 2026?
Based on GuruFocus' analysis, Tsogo Sun stock appears to be undervalued.
The current stock price of R7.90 is trading 25.6% below its estimated GF Value™ of R10.62.
GuruFocus considers Tsogo Sun to be Modestly Undervalued.
Key valuation signals for JSE:TSG:
Enterprise Value: R14,134 Mil
GF Value™: R10.62 vs. price of R7.90 (25.6% below fair value)
No single metric tells the full story. See the JSE:TSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tsogo Sun Ltd is engaged principally in the gaming, entertainment, and hospitality industry operating in South Africa. It owns and operates casino and entertainment destinations in South Africa, hotels, Galaxy Bingo sites, VSlots limited payout machines, playTSOGO, Bet.co.za, a Theme Park, theatres, cinemas, restaurants, bars, and conference facilities. The company's operating segments are; Casinos, LPMs, Other gaming and betting, and Corporate. Maximum revenue for the company is derived from its Casinos segment.
78GF Score
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