Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
AfrimatJSE:AFT -2.47%60 Cash Ratio is 0.12 as of Feb. 2026, which is 56% below its 10-year median of 0.27. GuruFocus rates JSE:AFT with a GF Score™ of 60/100 and a GF Value™ of R104.83 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 391 Building Materials companies, Afrimat ranks worse than 72.38% on this metric.
Afrimat has a Cash Ratio of 0.12. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Afrimat's Cash Ratio or its related term are showing as below:
JSE:AFT'
s Cash Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.27 Max: 0.68
Current: 0.12
During the past 13 years, Afrimat's highest Cash Ratio was 0.68. The lowest was 0.08. And the median was 0.27.
JSE:AFT's Cash Ratio is ranked worse than 72.38% of 391
companies
in the Building Materials industry
Industry Median: 0.33
vs JSE:AFT: 0.12
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Afrimat Cash Ratio Related Terms
Afrimat Cash Ratio Historical Data
* Premium members only.
The historical data trend for Afrimat's Cash Ratio 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.
For the Building Materials subindustry, Afrimat's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.
Afrimat Cash Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Afrimat's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Afrimat's Cash Ratio falls into.
* 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.
Afrimat (JSE:AFT) has a Cash Ratio of 0.12 as of Feb. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Afrimat and its competitors. This is 56% below median its historical median of 0.27. Over the past decade, Afrimat's Cash Ratio has ranged from 0.08 to 0.68. According to the industry distribution chart, Afrimat ranks #283 out of 391 companies in the Building Materials industry, placing it in the top 72.4%.
Is Afrimat's Cash Ratio too high?
Afrimat's current Cash Ratio of 0.12 is 56% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.68. The Building Materials industry median Cash Ratio is 0.33. Afrimat's value of 0.12 is 63.6% below this industry median. Based on the distribution chart, Afrimat ranks #283 out of 391 companies in the Building Materials industry, which is below the industry midpoint. Overall, Afrimat has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afrimat's Cash Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Afrimat ranks #283 out of 391 companies for Cash Ratio. This places Afrimat in the lower half of its industry. The industry median Cash Ratio is 0.33. Afrimat's value of 0.12 is 63.6% below this benchmark. Historically, Afrimat's own Cash Ratio has ranged from 0.08 to 0.68 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.33, Afrimat has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Building Materials company?
The median Cash Ratio among Building Materials companies is 0.33, based on 391 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Afrimat's current Cash Ratio of 0.12 is 63.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Afrimat and its competitors. For the Building Materials industry, the median Cash Ratio is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afrimat's current Cash Ratio is 0.12, which is 56% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrimat stock overvalued right now?
Based on GuruFocus' analysis, Afrimat (JSE:AFT) is currently considered Significantly Undervalued. The stock's GF Value™ is R104.83, compared to a current price of R27.24 — trading 74% below its estimated fair value. The current Cash Ratio is 0.12, which is 56% below median its 10-year median of 0.27 and 63.6% below the Building Materials industry median of 0.33. Afrimat's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Afrimat (JSE:AFT), the current Cash Ratio is 0.12 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 Afrimat (JSE:AFT) Overvalued in 2026?
Based on GuruFocus' analysis, Afrimat stock appears to be undervalued.
The current stock price of R27.24 is trading 74% below its estimated GF Value™ of R104.83.
GuruFocus considers Afrimat to be Significantly Undervalued.
Key valuation signals for JSE:AFT:
Cash Ratio: 0.12 (56% below median its 10-year median of 0.27)
GF Value™: R104.83 vs. price of R27.24 (74% below fair value)
Industry Position: 63.6% below the Building Materials median (#283 of 391)
No single metric tells the full story. See the JSE:AFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afrimat Ltd is a South Africa-based company. It has five segment Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The company generates majority of revenue from Construction Materials comprises two distinct product segments: Aggregates and Cement. Aggregates include the sale of sand, gravel, crushed stone, and concrete-based products. Concrete-based products are produced using rock, sand, water, cement, and readymix concrete are typically used in various construction applications. The segment also includes the processing and sale of fly-ash, a by-product used to enhance concrete performance. Cement consists of the manufacturing and supply of cement. The Group views the entire southern African region as a single geographical area.
60GF Score
Get the complete analysis for JSE:AFT
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:AFT has been successfully added to your 
