Emira Property FundJSE:EMI +0.31%59 Days Payable is 90.41 as of Mar. 2026, which is 1302% above its 10-year median of 6.45. GuruFocus rates JSE:EMI with a GF Score™ of 59/100 and a GF Value™ of R8.66 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 548 REITs companies, Emira Property Fund ranks worse than 66.24% on this metric.
The historical rank and industry rank for Emira Property Fund's Days Payable or its related term are showing as below:
JSE:EMI'
s Days Payable Range Over the Past 10 Years
Min: 2.31 Med: 6.45 Max: 61.31
Current: 61.31
During the past 13 years, Emira Property Fund's highest Days Payable was 61.31. The lowest was 2.31. And the median was 6.45.
JSE:EMI's Days Payable is ranked worse than 66.24% of 548
companies
in the REITs industry
Industry Median: 119.45
vs JSE:EMI: 61.31
Emira Property Fund's Days Payable
declined
from Mar. 2025 (109.51) to Mar. 2026 (90.41).
It may suggest that Emira Property Fundaccelerated paying its suppliers.
Emira Property Fund Days Payable Related Terms
Emira Property Fund Days Payable Historical Data
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The historical data trend for Emira Property Fund's Days Payable 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 REIT - Diversified subindustry, Emira Property Fund's Days Payable, along with its competitors' market caps and Days Payable 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.
Emira Property Fund Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Emira Property Fund's Days Payable distribution charts can be found below:
* The bar in red indicates where Emira Property Fund's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Emira Property Fund's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Emira Property Fund (JSE:EMI) has a Days Payable of 90.41 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Emira Property Fund and its competitors. This is 1302% above median its historical median of 6.45. Over the past decade, Emira Property Fund's Days Payable has ranged from 2.31 to 61.31. According to the industry distribution chart, Emira Property Fund ranks #363 out of 548 companies in the REITs industry, placing it in the top 66.2%.
Is Emira Property Fund's Days Payable too high?
Emira Property Fund's current Days Payable of 90.41 is 1302% above median its 10-year median of 6.45. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 61.31. The REITs industry median Days Payable is 119.45. Emira Property Fund's value of 90.41 is 24.3% below this industry median. Based on the distribution chart, Emira Property Fund ranks #363 out of 548 companies in the REITs industry, which is below the industry midpoint. Overall, Emira Property Fund has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emira Property Fund's Days Payable compare to VICI and WPC?
According to the REITs industry distribution chart, Emira Property Fund ranks #363 out of 548 companies for Days Payable. This places Emira Property Fund in the lower half of its industry. The industry median Days Payable is 119.45. Emira Property Fund's value of 90.41 is 24.3% below this benchmark. Historically, Emira Property Fund's own Days Payable has ranged from 2.31 to 61.31 over the past decade. While the company's 10-year median is 6.45 vs. the industry median of 119.45, Emira Property Fund 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 Days Payable for a REITs company?
The median Days Payable among REITs companies is 119.45, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emira Property Fund's current Days Payable of 90.41 is 24.3% 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 Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Emira Property Fund and its competitors. For the REITs industry, the median Days Payable is 119.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emira Property Fund's current Days Payable is 90.41, which is 1302% above median its own 10-year median of 6.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emira Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Emira Property Fund (JSE:EMI) is currently considered Significantly Overvalued. The stock's GF Value™ is R8.66, compared to a current price of R13.10 — trading 51.3% above its estimated fair value. The current Days Payable is 90.41, which is 1302% above median its 10-year median of 6.45 and 24.3% below the REITs industry median of 119.45. Emira Property Fund's overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Emira Property Fund (JSE:EMI), the current Days Payable is 90.41 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 Emira Property Fund (JSE:EMI) Overvalued in 2026?
Based on GuruFocus' analysis, Emira Property Fund stock appears to be overvalued.
The current stock price of R13.10 is trading 51.3% above its estimated GF Value™ of R8.66.
GuruFocus considers Emira Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:EMI:
Days Payable: 90.41 (1302% above median its 10-year median of 6.45)
GF Value™: R8.66 vs. price of R13.10 (51.3% above fair value)
Industry Position: 24.3% below the REITs median (#363 of 548)
No single metric tells the full story. See the JSE:EMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emira Property Fund Ltd is a South African real estate investment trust. The company's portfolio consists of office, retail, residential, and industrial properties. The majority of the properties are in Gauteng, with the others in the Western Cape and KwaZulu-Natal. The company operates through five segments, namely: Office; Retail; Industrial; Residential; and Corporate. The office segment comprises commercial properties. The retail segment includes shopping centers. The industrial segment consists of industrial properties. The residential segment comprises directly held residential property, and the corporate segment comprises the South African administration activities of the Group.
59GF Score
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