Spear REIT (JSE:SEA) Ending Cash Position: R392.7 Mil (As of Feb. 2026)

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JSE:SEA Spear REIT Ltd JSE:SEA
66 GF Score
Price R13.00
GF Value R6.71
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Spear REIT Ending Cash Position?

Spear REIT JSE:SEA -1.59% 66 Ending Cash Position is R392.7 Mil as of Feb. 2026. GuruFocus rates JSE:SEA with a GF Score™ of 66/100 and a GF Value™ of R6.71 (Significantly Overvalued). The stock has 11 warning signs investors should review.

Spear REIT's Ending Cash Position for the quarter that ended in Feb. 2026 was R392.7 Mil.

Spear REIT's quarterly Ending Cash Position increased from Feb. 2025 (R73.9 Mil) to Aug. 2025 (R800.9 Mil) but then declined from Aug. 2025 (R800.9 Mil) to Feb. 2026 (R392.7 Mil).

Spear REIT's annual Ending Cash Position increased from Feb. 2024 (R25.1 Mil) to Feb. 2025 (R73.9 Mil) and increased from Feb. 2025 (R73.9 Mil) to Feb. 2026 (R392.7 Mil).

Spear REIT Ending Cash Position Related Terms

Spear REIT Ending Cash Position Historical Data

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The historical data trend for Spear REIT's Ending 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.

Spear REIT Ending Cash Position Chart

Spear REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.21 19.52 25.05 73.86 392.72

Spear REIT Semi-Annual Data
Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Ending 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 25.05 16.82 73.86 800.88 392.72
JSE:SEA
66GF Score
Spear REIT Ltd JSE:SEA
Ending Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Spear REIT Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Spear REIT's Ending Cash Position for the fiscal year that ended in Feb. 2026 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=73.858+318.862
=392.7

Spear REIT's Ending Cash Position for the quarter that ended in Feb. 2026 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=800.879+-408.159
=392.7

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of R392.7 Mil mean?
Spear REIT (JSE:SEA) has a Ending Cash Position of R392.7 Mil as of Feb. 2026. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Spear REIT and its competitors.
Is Spear REIT's Ending Cash Position too high?
Spear REIT's current Ending Cash Position is R392.7 Mil. Overall, Spear REIT has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spear REIT's Ending Cash Position compare to VICI and WPC?
Spear REIT's Ending Cash Position of R392.7 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 Ending Cash Position for a REITs company?
A good Ending Cash Position depends on the REITs industry context. However, Ending 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 Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Spear REIT and its competitors. Spear REIT's current Ending Cash Position is R392.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spear REIT stock overvalued right now?
Based on GuruFocus' analysis, Spear REIT (JSE:SEA) is currently considered Significantly Overvalued. The stock's GF Value™ is R6.71, compared to a current price of R13.00 — trading 93.7% above its estimated fair value. The current Ending Cash Position is R392.7 Mil. Spear REIT's overall GF Score™ is 66/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Spear REIT (JSE:SEA), the current Ending Cash Position is R392.7 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 Spear REIT (JSE:SEA) Overvalued in 2026?

Based on GuruFocus' analysis, Spear REIT stock appears to be overvalued. The current stock price of R13.00 is trading 93.7% above its estimated GF Value™ of R6.71. GuruFocus considers Spear REIT to be Significantly Overvalued.

Key valuation signals for JSE:SEA:

  • Ending Cash Position: R392.7 Mil
  • GF Value™: R6.71 vs. price of R13.00 (93.7% above fair value)
  • GF Score™: 66/100 with 11 warning signs

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

Spear REIT Business Description

Industry Real EstateREITs
Address 2 Long Street, PO Box 50, 16th Floor, Observatory, 7935, Cape Town, ZAF, 8001
Spear REIT Ltd is a real estate investment trust. The company has five segments Industrial, Commercial, Retail, Development, and Non-property. The company generates majority of revenue from Industrial segment. The industrial portfolio comprises a diverse range of multi-let industrial properties, warehouses, logistics parks, and urban logistics facilities. The company has presence in Cape.
66GF Score

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

R13.00
Price
R6.71
GF Value