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Emira Property FundJSE:EMI +0.37%60 Debt-to-Equity is 0.62 as of Mar. 2026, which is 2% below its 10-year median of 0.63. GuruFocus rates JSE:EMI with a GF Score™ of 60/100 and a GF Value™ of R8.60 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 683 REITs companies, Emira Property Fund ranks better than 62.66% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Emira Property Fund's Debt-to-Equity or its related term are showing as below:
JSE:EMI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.63 Max: 0.79
Current: 0.62
During the past 13 years, the highest Debt-to-Equity Ratio of Emira Property Fund was 0.79. The lowest was 0.56. And the median was 0.63.
JSE:EMI's Debt-to-Equity is ranked better than 62.66% of 683
companies
in the REITs industry
Industry Median: 0.78
vs JSE:EMI: 0.62
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Emira Property Fund Debt-to-Equity Related Terms
Emira Property Fund Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Emira Property Fund's Debt-to-Equity 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 Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Emira Property Fund's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Emira Property Fund's Debt-to-Equity 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.
Emira Property Fund (JSE:EMI) has a Debt-to-Equity of 0.62 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Emira Property Fund and its competitors. This is near median its historical median of 0.63. Over the past decade, Emira Property Fund's Debt-to-Equity has ranged from 0.56 to 0.79. According to the industry distribution chart, Emira Property Fund ranks #255 out of 683 companies in the REITs industry, placing it in the top 37.3%.
Is Emira Property Fund's Debt-to-Equity too high?
Emira Property Fund's current Debt-to-Equity of 0.62 is near median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 0.79. The REITs industry median Debt-to-Equity is 0.78. Emira Property Fund's value of 0.62 is 20.5% below this industry median. Based on the distribution chart, Emira Property Fund ranks #255 out of 683 companies in the REITs industry, which is above the industry midpoint. Overall, Emira Property Fund has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emira Property Fund's Debt-to-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Emira Property Fund ranks #255 out of 683 companies for Debt-to-Equity. This puts Emira Property Fund in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Emira Property Fund's value of 0.62 is 20.5% below this benchmark. Historically, Emira Property Fund's own Debt-to-Equity has ranged from 0.56 to 0.79 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.78, 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 Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emira Property Fund's current Debt-to-Equity of 0.62 is 20.5% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Emira Property Fund and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emira Property Fund's current Debt-to-Equity is 0.62, which is near median its own 10-year median of 0.63. 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 R8.60, compared to a current price of R13.55 — trading 57.6% above its estimated fair value. The current Debt-to-Equity is 0.62, which is near median its 10-year median of 0.63 and 20.5% below the REITs industry median of 0.78. Emira Property Fund's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Emira Property Fund (JSE:EMI), the current Debt-to-Equity is 0.62 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 R13.55 is trading 57.6% above its estimated GF Value™ of R8.60.
GuruFocus considers Emira Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:EMI:
Debt-to-Equity: 0.62 (near median its 10-year median of 0.63)
GF Value™: R8.60 vs. price of R13.55 (57.6% above fair value)
Industry Position: 20.5% below the REITs median (#255 of 683)
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.
60GF Score
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