Accelerate Property Fund (JSE:APF) Equity-to-Asset: 0.54 (As of Mar. 2026) — Near Median

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JSE:APF Accelerate Property Fund Ltd JSE:APF
30 GF Score
Price R0.42
GF Value R0.32
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Accelerate Property Fund Equity-to-Asset?

Accelerate Property Fund JSE:APF 30 Equity-to-Asset is 0.54 as of Mar. 2026, which is 2% above its 10-year median of 0.53. GuruFocus rates JSE:APF with a GF Score™ of 30/100 and a GF Value™ of R0.32 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 926 REITs companies, Accelerate Property Fund ranks worse than 56.26% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Accelerate Property Fund's Total Stockholders Equity for the quarter that ended in Mar. 2026 was R3,701.0 Mil. Accelerate Property Fund's Total Assets for the quarter that ended in Mar. 2026 was R6,843.4 Mil. Therefore, Accelerate Property Fund's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.54.

The historical rank and industry rank for Accelerate Property Fund's Equity-to-Asset or its related term are showing as below:

JSE:APF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.53   Max: 0.59
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of Accelerate Property Fund was 0.59. The lowest was 0.46. And the median was 0.53.

JSE:APF's Equity-to-Asset is ranked worse than
56.26% of 926 companies
in the REITs industry
Industry Median: 0.58 vs JSE:APF: 0.54

Accelerate Property Fund  (JSE:APF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Accelerate Property Fund Equity-to-Asset Related Terms


Accelerate Property Fund Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Accelerate Property Fund's Equity-to-Asset 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 Equity-to-Asset Chart

Accelerate Property Fund Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.52 0.49 0.46 0.54

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
Equity-to-Asset 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 0.49 0.52 0.46 0.48 0.54

JSE:APF vs SPG, O, KIM: Equity-to-Asset Comparison

For the REIT - Retail subindustry, Accelerate Property Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Accelerate Property Fund Equity-to-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Accelerate Property Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Accelerate Property Fund's Equity-to-Asset falls into.


JSE:APF
30GF Score
Accelerate Property Fund Ltd JSE:APF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Accelerate Property Fund Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Accelerate Property Fund's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=3701.003/6843.368
=0.54

Accelerate Property Fund's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=3701.003/6843.368
=0.54

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.54 mean?
Accelerate Property Fund (JSE:APF) has a Equity-to-Asset of 0.54 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Accelerate Property Fund and its competitors. This is near median its historical median of 0.53. Over the past decade, Accelerate Property Fund's Equity-to-Asset has ranged from 0.46 to 0.59. According to the industry distribution chart, Accelerate Property Fund ranks #521 out of 926 companies in the REITs industry, placing it in the top 56.3%.
Is Accelerate Property Fund's Equity-to-Asset too high?
Accelerate Property Fund's current Equity-to-Asset of 0.54 is near median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.59. The REITs industry median Equity-to-Asset is 0.58. Accelerate Property Fund's value of 0.54 is 6.9% below this industry median. Based on the distribution chart, Accelerate Property Fund ranks #521 out of 926 companies in the REITs industry, which is below the industry midpoint. Overall, Accelerate Property Fund has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accelerate Property Fund's Equity-to-Asset compare to SPG and O?
According to the REITs industry distribution chart, Accelerate Property Fund ranks #521 out of 926 companies for Equity-to-Asset. This places Accelerate Property Fund in the lower half of its industry. The industry median Equity-to-Asset is 0.58. Accelerate Property Fund's value of 0.54 is 6.9% below this benchmark. Historically, Accelerate Property Fund's own Equity-to-Asset has ranged from 0.46 to 0.59 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.58, Accelerate 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 Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 926 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Accelerate Property Fund's current Equity-to-Asset of 0.54 is 6.9% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Accelerate Property Fund and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accelerate Property Fund's current Equity-to-Asset is 0.54, which is near median its own 10-year median of 0.53. 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 R0.42 — trading 31.3% above its estimated fair value. The current Equity-to-Asset is 0.54, which is near median its 10-year median of 0.53 and 6.9% below the REITs industry median of 0.58. Accelerate Property Fund's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Accelerate Property Fund (JSE:APF), the current Equity-to-Asset is 0.54 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 R0.42 is trading 31.3% above its estimated GF Value™ of R0.32. GuruFocus considers Accelerate Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:APF:

  • Equity-to-Asset: 0.54 (near median its 10-year median of 0.53)
  • GF Value™: R0.32 vs. price of R0.42 (31.3% above fair value)
  • GF Score™: 30/100 with 6 warning signs
  • Industry Position: 6.9% below the REITs median (#521 of 926)

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.
30GF Score

Get the complete analysis for JSE:APF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R0.42
Price
R0.32
GF Value