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Spear REIT (JSE:SEA) EV-to-EBITDA : 5.94 (As of May. 26, 2024)


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What is Spear REIT EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Spear REIT's enterprise value is R2,145.7 Mil. Spear REIT's EBITDA for the trailing twelve months (TTM) ended in Aug. 2023 was R361.2 Mil. Therefore, Spear REIT's EV-to-EBITDA for today is 5.94.

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

JSE:SEA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.44   Med: 9.26   Max: 17.17
Current: 5.94

During the past 7 years, the highest EV-to-EBITDA of Spear REIT was 17.17. The lowest was 5.44. And the median was 9.26.

JSE:SEA's EV-to-EBITDA is ranked better than
89.5% of 600 companies
in the REITs industry
Industry Median: 15.025 vs JSE:SEA: 5.94

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 (2024-05-26), Spear REIT's stock price is R8.30. Spear REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Aug. 2023 was R0.869. Therefore, Spear REIT's PE Ratio for today is 9.55.

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


Spear REIT EV-to-EBITDA Historical Data

The historical data trend for Spear 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.

Spear REIT EV-to-EBITDA Chart

Spear REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
EV-to-EBITDA
Get a 7-Day Free Trial 9.16 10.01 13.61 11.27 9.51

Spear REIT Semi-Annual Data
Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 11.27 - 9.51 -

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

For the REIT - Diversified subindustry, Spear 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.


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

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

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



Spear REIT EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2145.653/361.241
=5.94

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 EBITDA for the trailing twelve months (TTM) ended in Aug. 2023 was R361.2 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.


Spear REIT  (JSE:SEA) 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.

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

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.30/0.869
=9.55

Spear REIT's share price for today is R8.30.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spear REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Aug. 2023 was R0.869.

* 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?


Spear REIT EV-to-EBITDA Related Terms

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