C

Coronation Fund Managers Ltd
JSE:CML

Watchlist Manager
Coronation Fund Managers Ltd
JSE:CML
Watchlist
Price: 4 650 Zac -0.26% Market Closed
Market Cap: 18B ZAR

EV/EBIT

8.5
Current
15%
More Expensive
vs 3-y average of 7.4

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
8.5
=
Enterprise Value
Zac18.5B
/
EBIT
2B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
8.5
=
Enterprise Value
Zac18.5B
/
EBIT
2B

Valuation Scenarios

Coronation Fund Managers Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (7.4), the stock would be worth Zac4 036.16 (13% downside from current price).

Statistics
Positive Scenarios
1/3
Maximum Downside
-13%
Maximum Upside
+52%
Average Upside
9%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 8.5 Zac4 650
0%
3-Year Average 7.4 Zac4 036.16
-13%
5-Year Average 7.5 Zac4 092.18
-12%
Country Average 13 Zac7 078.14
+52%

Forward EV/EBIT
Today’s price vs future ebit

Not enough data available to calculate forward EV/EBIT

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
ZA
Coronation Fund Managers Ltd
JSE:CML
18B ZAR 8.5 10.7
US
BlackRock Inc
NYSE:BLK
161.7B USD 19.4 25.9
US
Blackstone Inc
NYSE:BX
152.6B USD 22.4 52
CA
Brookfield Corp
NYSE:BN
104.2B USD 17 91.4
US
Bank of New York Mellon Corp
NYSE:BK
94.9B USD 0 17.9
US
KKR & Co Inc
NYSE:KKR
93.1B USD 287.5 41.6
ZA
Ninety One Ltd
JSE:NY1
83.8B ZAR -41.1 24.6
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
68.6B EUR 29.1 31.8
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
109.6B CAD 28.7 31.4
CA
Brookfield Asset Management Inc
NYSE:BAM
79B USD 29.1 31.8
US
State Street Corp
NYSE:STT
42.5B USD 0 15.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
ZA
C
Coronation Fund Managers Ltd
JSE:CML
Average EV/EBIT: 55.2
8.5
N/A N/A
US
BlackRock Inc
NYSE:BLK
19.4
22%
0.9
US
Blackstone Inc
NYSE:BX
22.4
28%
0.8
CA
Brookfield Corp
NYSE:BN
17
-24%
N/A
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
US
KKR & Co Inc
NYSE:KKR
287.5
172%
1.7
ZA
N
Ninety One Ltd
JSE:NY1
Negative Multiple: -41.1 N/A N/A
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
29.1
21%
1.4
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
28.7
21%
1.4
CA
Brookfield Asset Management Inc
NYSE:BAM
29.1
21%
1.4
US
State Street Corp
NYSE:STT
Not Available N/A N/A

Market Distribution

Lower than 72% of companies in South Africa
Percentile
28th
Based on 21 companies
28th percentile
8.5
Low
2.3 — 13
Typical Range
13 — 78.9
High
78.9 —
Distribution Statistics
South Africa
Min 2.3
30th Percentile 13
Median 13
70th Percentile 78.9
Max 1 954.4

Coronation Fund Managers Ltd
Glance View

Coronation Fund Managers Ltd., founded in Cape Town in 1993, carved out a distinct niche in the cutthroat world of asset management. Born out of the ambitious dreams of a group of visionary investment professionals, Coronation quickly distinguished itself with its long-term investment approach and an unwavering commitment to finding value where others might overlook. The company’s unique approach to managing funds involves a thorough analysis and in-depth research across multiple asset classes, including equities, fixed income, and alternatives. This rigorous methodology enables Coronation to craft portfolios that aim to deliver consistent, risk-adjusted returns, setting them apart from many competitors who may chase short-term gains. The key to Coronation's financial success lies in its ability to attract and retain both private and institutional clients by fostering trust and transparency. They generate revenue primarily through management fees, which are calculated as a percentage of the assets under management (AUM). This model aligns Coronation's success with that of its clients, as increases in AUM directly correlate with increased fee income. By maintaining a client-focused ethos and demonstrating sustained performance, Coronation Fund Managers have built a formidable reputation in the industry, ensuring their presence remains stalwart even as the landscape of asset management continues to evolve.

CML Intrinsic Value
4 659.58 Zac
Fairly Valued
Intrinsic Value
Price Zac4 650
C
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett