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Heriot REIT (JSE:HET) EV-to-EBIT : 5.38 (As of May. 24, 2024)


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What is Heriot REIT EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heriot REIT's Enterprise Value is R7,241.7 Mil. Heriot REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R1,345.2 Mil. Therefore, Heriot REIT's EV-to-EBIT for today is 5.38.

The historical rank and industry rank for Heriot REIT's EV-to-EBIT or its related term are showing as below:

JSE:HET' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.38   Med: 10.72   Max: 19.75
Current: 5.38

During the past 6 years, the highest EV-to-EBIT of Heriot REIT was 19.75. The lowest was 5.38. And the median was 10.72.

JSE:HET's EV-to-EBIT is not ranked
in the REITs industry.
Industry Median: 20.615 vs JSE:HET: 5.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Heriot REIT's Enterprise Value for the quarter that ended in Dec. 2023 was R8,771.9 Mil. Heriot REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R1,345.2 Mil. Heriot REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.34%.


Heriot REIT EV-to-EBIT Historical Data

The historical data trend for Heriot REIT's EV-to-EBIT 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.

* Premium members only.

Heriot REIT EV-to-EBIT Chart

Heriot REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial 12.48 19.75 10.72 6.80 6.84

Heriot REIT Semi-Annual Data
Nov17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 6.80 - 6.84 -

Competitive Comparison of Heriot REIT's EV-to-EBIT

For the REIT - Diversified subindustry, Heriot REIT's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Heriot REIT's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Heriot REIT's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Heriot REIT's EV-to-EBIT falls into.



Heriot REIT EV-to-EBIT Calculation

Heriot REIT's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7241.721/1345.183
=5.38

Heriot REIT's current Enterprise Value is R7,241.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Heriot REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R1,345.2 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.


Heriot REIT  (JSE:HET) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Heriot REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=1345.183/8771.902
=15.34 %

Heriot REIT's Enterprise Value for the quarter that ended in Dec. 2023 was R8,771.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Heriot REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R1,345.2 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.


Heriot REIT EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Heriot REIT's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Heriot REIT (JSE:HET) Business Description

Traded in Other Exchanges
N/A
Address
3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196
Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.

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