Redefine Properties (JSE:RDF) Beginning Cash Position: R1,563 Mil (As of Feb. 2026)

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JSE:RDF Redefine Properties Ltd JSE:RDF
55 GF Score
Price R6.44
GF Value R3.79
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Redefine Properties Beginning Cash Position?

Redefine Properties JSE:RDF -0.16% 55 Beginning Cash Position is R1,563 Mil as of Feb. 2026. GuruFocus rates JSE:RDF with a GF Score™ of 55/100 and a GF Value™ of R3.79 (Significantly Overvalued). The stock has 12 warning signs investors should review.

Redefine Properties's Beginning Cash Position for the quarter that ended in Feb. 2026 was R1,563 Mil.

Redefine Properties's quarterly Beginning Cash Position increased from Feb. 2025 (R531 Mil) to Aug. 2025 (R936 Mil) and increased from Aug. 2025 (R936 Mil) to Feb. 2026 (R1,563 Mil).

Redefine Properties's annual Beginning Cash Position declined from Aug. 2023 (R1,765 Mil) to Aug. 2024 (R761 Mil) and declined from Aug. 2024 (R761 Mil) to Aug. 2025 (R531 Mil).

Redefine Properties Beginning Cash Position Related Terms

Redefine Properties Beginning Cash Position Historical Data

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The historical data trend for Redefine Properties's Beginning Cash Position 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.

Redefine Properties Beginning Cash Position Chart

Redefine Properties Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 232.08 1,348.44 1,765.35 760.88 530.50

Redefine Properties Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 760.88 527.63 530.50 936.34 1,562.58
JSE:RDF
55GF Score
Redefine Properties Ltd JSE:RDF
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Redefine Properties Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of R1,563 Mil mean?
Redefine Properties (JSE:RDF) has a Beginning Cash Position of R1,563 Mil as of Feb. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Redefine Properties and its competitors.
Is Redefine Properties' Beginning Cash Position too high?
Redefine Properties' current Beginning Cash Position is R1,563 Mil. Overall, Redefine Properties has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redefine Properties' Beginning Cash Position compare to VICI and WPC?
Redefine Properties' Beginning Cash Position of R1,563 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a REITs company?
A good Beginning Cash Position depends on the REITs industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Redefine Properties and its competitors. Redefine Properties's current Beginning Cash Position is R1,563 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redefine Properties stock overvalued right now?
Based on GuruFocus' analysis, Redefine Properties (JSE:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.79, compared to a current price of R6.44 — trading 69.9% above its estimated fair value. The current Beginning Cash Position is R1,563 Mil. Redefine Properties' overall GF Score™ is 55/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Redefine Properties (JSE:RDF), the current Beginning Cash Position is R1,563 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Redefine Properties (JSE:RDF) Overvalued in 2026?

Based on GuruFocus' analysis, Redefine Properties stock appears to be overvalued. The current stock price of R6.44 is trading 69.9% above its estimated GF Value™ of R3.79. GuruFocus considers Redefine Properties to be Significantly Overvalued.

Key valuation signals for JSE:RDF:

  • Beginning Cash Position: R1,563 Mil
  • GF Value™: R3.79 vs. price of R6.44 (69.9% above fair value)
  • GF Score™: 55/100 with 12 warning signs

No single metric tells the full story. See the JSE:RDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Redefine Properties Business Description

Industry Real EstateREITs
Other Exchanges RDPEF:USA
Address 155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland. Within South Africa, over half of the Company's properties by total value are situated in the province of Gauteng. The Group comprises the South Africa portfolio segment, including office, retail, industrial, specialised, and head office. Its international portfolio includes EPP, which is mainly retail; Redefine Europe, which is mainly industrial; Self Storage Investments, which is mainly self-storage; and Lango Real Estate, which represents the head office, along with head office funding related to international investments.
55GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R6.44
Price
R3.79
GF Value