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Heriot REIT (JSE:HET) EV-to-EBITDA : 5.38 (As of May. 25, 2024)


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What is Heriot REIT EV-to-EBITDA?

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

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

JSE:HET' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.38   Med: 10.67   Max: 19.62
Current: 5.38

During the past 6 years, the highest EV-to-EBITDA of Heriot REIT was 19.62. The lowest was 5.38. And the median was 10.67.

JSE:HET's EV-to-EBITDA is not ranked
in the REITs industry.
Industry Median: 15.05 vs JSE:HET: 5.38

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-25), Heriot REIT's stock price is R13.50. Heriot REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was R3.828. Therefore, Heriot REIT's PE Ratio for today is 3.53.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Heriot REIT EV-to-EBITDA Historical Data

The historical data trend for Heriot REIT's EV-to-EBITDA 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-EBITDA Chart

Heriot REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBITDA
Get a 7-Day Free Trial 12.43 19.62 10.67 6.78 6.80

Heriot REIT Semi-Annual Data
Nov17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 6.78 - 6.80 -

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

For the REIT - Diversified subindustry, Heriot REIT's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA Distribution in the REITs Industry

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

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



Heriot REIT EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (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 EBITDA 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-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Heriot REIT's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=13.50/3.828
=3.53

Heriot REIT's share price for today is R13.50.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Heriot REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was R3.828.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Heriot REIT EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Heriot REIT's EV-to-EBITDA 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.

Heriot REIT (JSE:HET) Headlines

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