Afine Investments (JSE:ANI) EV-to-EBIT : 9.93 (As of May. 26, 2024)

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What is Afine Investments EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Afine Investments's Enterprise Value is R391.46 Mil. Afine Investments's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was R39.42 Mil. Therefore, Afine Investments's EV-to-EBIT for today is 9.93.

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

JSE:ANI' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.22 Med: 8.9 Max: 11.68
Current: 9.93

During the past 3 years, the highest EV-to-EBIT of Afine Investments was 11.68. The lowest was 1.22. And the median was 8.90.

JSE:ANI's EV-to-EBIT is ranked better than
78.51% of 577 companies
in the REITs industry
Industry Median: 20.54 vs JSE:ANI: 9.93

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Afine Investments's Enterprise Value for the quarter that ended in Aug. 2023 was R409.60 Mil. Afine Investments's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was R39.42 Mil. Afine Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 9.62%.

Afine Investments EV-to-EBIT Historical Data

The historical data trend for Afine Investments'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.

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Afine Investments EV-to-EBIT Chart

Afine Investments Annual Data

Trend

Feb21

Feb22

Feb23

EV-to-EBIT

1.63

10.26

Afine Investments Semi-Annual Data
	Aug21	Feb22	Aug22	Feb23	Aug23
EV-to-EBIT	-	1.63	-	10.26	-

Competitive Comparison of Afine Investments's EV-to-EBIT

For the REIT - Specialty subindustry, Afine Investments'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.

Afine Investments's EV-to-EBIT Distribution in the REITs Industry

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

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

Afine Investments EV-to-EBIT Calculation

Afine Investments's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	391.464	/	39.417
	=	9.93

Afine Investments's current Enterprise Value is R391.46 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Afine Investments's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was R39.42 Mil.

Afine Investments (JSE:ANI) 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) %.

Afine Investments'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 )
	=	39.417	/	409.60125
	=	9.62 %

Afine Investments's Enterprise Value for the quarter that ended in Aug. 2023 was R409.60 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Afine Investments's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was R39.42 Mil.

Afine Investments EV-to-EBIT Related Terms

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

Afine Investments (JSE:ANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Afine Investments Ltd (JSE:ANI) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140

Website

https://www.afineinvestments.com

Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segment majority of revenue is generated from Gauteng and North-West.

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