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Spear REIT (JSE:SEA) EV-to-EBIT : 6.21 (As of May. 25, 2024)


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What is Spear REIT EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Spear REIT's Enterprise Value is R2,145.7 Mil. Spear REIT's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was R345.3 Mil. Therefore, Spear REIT's EV-to-EBIT for today is 6.21.

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

JSE:SEA' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.45   Med: 9.26   Max: 18.09
Current: 6.21

During the past 7 years, the highest EV-to-EBIT of Spear REIT was 18.09. The lowest was 5.45. And the median was 9.26.

JSE:SEA's EV-to-EBIT is ranked better than
88.91% of 577 companies
in the REITs industry
Industry Median: 20.54 vs JSE:SEA: 6.21

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Spear REIT's Enterprise Value for the quarter that ended in Aug. 2023 was R1,644.8 Mil. Spear REIT's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was R345.3 Mil. Spear REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 21.00%.


Spear REIT EV-to-EBIT Historical Data

The historical data trend for Spear 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.

Spear REIT EV-to-EBIT Chart

Spear REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
EV-to-EBIT
Get a 7-Day Free Trial 9.23 10.22 14.35 11.75 9.96

Spear REIT Semi-Annual Data
Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 11.75 - 9.96 -

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

For the REIT - Diversified subindustry, Spear 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.


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

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

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



Spear REIT EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2145.653/345.34
=6.21

Spear REIT's current Enterprise Value is R2,145.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spear REIT's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was R345.3 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.


Spear REIT  (JSE:SEA) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Aug. 2023 ) =EBIT / Enterprise Value (Q: Aug. 2023 )
=345.34/1644.83801
=21.00 %

Spear REIT's Enterprise Value for the quarter that ended in Aug. 2023 was R1,644.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spear REIT's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was R345.3 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.


Spear REIT EV-to-EBIT Related Terms

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


Spear REIT (JSE:SEA) Business Description

Traded in Other Exchanges
N/A
Address
2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001
Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

Spear REIT (JSE:SEA) Headlines

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