Accelerate Property Fund (JSE:APF) Cash Flow from Operations: R457.0 Mil (TTM As of Mar. 2026)

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JSE:APF Accelerate Property Fund Ltd JSE:APF
34 GF Score
Price R0.44
GF Value R0.32
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Accelerate Property Fund Cash Flow from Operations?

Accelerate Property Fund JSE:APF 34 Cash Flow from Operations is R457.0 Mil as of Mar. 2026. GuruFocus rates JSE:APF with a GF Score™ of 34/100 and a GF Value™ of R0.32 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the six months ended in Mar. 2026, Accelerate Property Fund's Net Income From Continuing Operations was R-95.0 Mil. Its Depreciation, Depletion and Amortization was R3.6 Mil. Its Change In Working Capital was R-35.9 Mil. Its cash flow from deferred tax was R0.0 Mil. Its Cash from Discontinued Operating Activities was R0.0 Mil. Its Asset Impairment Charge was R0.0 Mil. Its Stock Based Compensation was R0.0 Mil. And its Cash Flow from Others was R290.1 Mil. In all, Accelerate Property Fund's Cash Flow from Operations for the six months ended in Mar. 2026 was R162.7 Mil.


Accelerate Property Fund  (JSE:APF) Cash Flow from Operations Explanation

For companies reported in indirect method, cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Accelerate Property Fund's net income from continuing operations for the six months ended in Mar. 2026 was R-95.0 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets

Accelerate Property Fund's depreciation, depletion and amortization for the six months ended in Mar. 2026 was R3.6 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Accelerate Property Fund's change in working capital for the six months ended in Mar. 2026 was R-35.9 Mil. It means Accelerate Property Fund's working capital declined by R35.9 Mil from Sep. 2025 to Mar. 2026 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Accelerate Property Fund's cash flow from deferred tax for the six months ended in Mar. 2026 was R0.0 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

Accelerate Property Fund's cash from discontinued operating Activities for the six months ended in Mar. 2026 was R0.0 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Accelerate Property Fund's asset impairment charge for the six months ended in Mar. 2026 was R0.0 Mil.

7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Accelerate Property Fund's stock based compensation for the six months ended in Mar. 2026 was R0.0 Mil.

8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Accelerate Property Fund's cash flow from others for the six months ended in Mar. 2026 was R290.1 Mil.


Accelerate Property Fund Cash Flow from Operations Related Terms


Accelerate Property Fund Cash Flow from Operations Historical Data

* Premium members only.

The historical data trend for Accelerate Property Fund's Cash Flow from Operations 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.

Accelerate Property Fund Cash Flow from Operations Chart

Accelerate Property Fund Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Flow from Operations
Get a 7-Day Free Trial Premium Member Only Premium Member Only 512.04 384.18 384.35 450.70 457.04

Accelerate Property Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cash Flow from Operations 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 153.08 194.63 256.06 294.32 162.73
JSE:APF
34GF Score
Accelerate Property Fund Ltd JSE:APF
Cash Flow from Operations is just one metric. See GF Score™, valuation, warning signs, and more.
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Accelerate Property Fund Cash Flow from Operations Calculation

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Accelerate Property Fund's Cash Flow from Operations for the fiscal year that ended in Mar. 2026 is calculated as:

Accelerate Property Fund's Cash Flow from Operations for the quarter that ended in Mar. 2026 is:


Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R457.0 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.

What does a Cash Flow from Operations of R457.0 Mil mean?
Accelerate Property Fund (JSE:APF) has a Cash Flow from Operations of R457.0 Mil as of Mar. 2026. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for Accelerate Property Fund and its competitors.
Is Accelerate Property Fund's Cash Flow from Operations too high?
Accelerate Property Fund's current Cash Flow from Operations is R457.0 Mil. Overall, Accelerate Property Fund has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accelerate Property Fund's Cash Flow from Operations compare to SPG and O?
Accelerate Property Fund's Cash Flow from Operations of R457.0 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 Cash Flow from Operations for a REITs company?
A good Cash Flow from Operations depends on the REITs industry context. However, Cash Flow from Operations 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 Cash Flow from Operations mean?
A high Cash Flow from Operations can signal that a stock is expensive relative to its fundamentals. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for Accelerate Property Fund and its competitors. Accelerate Property Fund's current Cash Flow from Operations is R457.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Accelerate Property Fund (JSE:APF) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.32, compared to a current price of R0.44 — trading 37.5% above its estimated fair value. The current Cash Flow from Operations is R457.0 Mil. Accelerate Property Fund's overall GF Score™ is 34/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Operations calculated?
Cash Flow from Operations is calculated from a company's financial statements. For Accelerate Property Fund (JSE:APF), the current Cash Flow from Operations is R457.0 Mil as of Mar. 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 Accelerate Property Fund (JSE:APF) Overvalued in 2026?

Based on GuruFocus' analysis, Accelerate Property Fund stock appears to be overvalued. The current stock price of R0.44 is trading 37.5% above its estimated GF Value™ of R0.32. GuruFocus considers Accelerate Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:APF:

  • Cash Flow from Operations: R457.0 Mil
  • GF Value™: R0.32 vs. price of R0.44 (37.5% above fair value)
  • GF Score™: 34/100 with 6 warning signs

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


Accelerate Property Fund Business Description

Industry Real EstateREITs
Address 1st Floor, Corner Willow Avenue and Cedar Road, Cedar Square Shopping Centre, Management Office, Fourways, Johannesburg, GT, ZAF, 2055
Accelerate Property Fund Ltd is a retail-focused property fund. It functions through three operating segments. The industrial segment acquires, develops, and leases warehouses and factories. The retail segment acquires, develops, and leases shopping malls, community centers as well as retail centers. Commercial segment acquires develops and leases offices. Out of which Retail segment is a key revenue driver. Geographically, it has a presence in South Africa, Austria, and Slovakia, out of which the majority of its revenue is generated from South Africa.
34GF Score

Get the complete analysis for JSE:APF

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

R0.44
Price
R0.32
GF Value