Exemplar REITail (JSE:EXP) Equity-to-Asset: 0.55 (As of Feb. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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JSE:EXP Exemplar REITail Ltd JSE:EXP
75 GF Score
Price R18.00
GF Value R15.90
! 4 Warning Signs
View Full Analysis

What is Exemplar REITail Equity-to-Asset?

Exemplar REITail JSE:EXP 75 Equity-to-Asset is 0.55 as of Feb. 2026, which is at its 10-year median of 0.55. GuruFocus rates JSE:EXP with a GF Score™ of 75/100 and a GF Value™ of R15.90. The stock has 4 warning signs investors should review. Among 928 REITs companies, Exemplar REITail ranks worse than 54.31% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Exemplar REITail's Total Stockholders Equity for the quarter that ended in Feb. 2026 was R6,468 Mil. Exemplar REITail's Total Assets for the quarter that ended in Feb. 2026 was R11,711 Mil. Therefore, Exemplar REITail's Equity to Asset Ratio for the quarter that ended in Feb. 2026 was 0.55.

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

JSE:EXP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.55   Max: 0.62
Current: 0.55

During the past 11 years, the highest Equity to Asset Ratio of Exemplar REITail was 0.62. The lowest was 0.53. And the median was 0.55.

JSE:EXP's Equity-to-Asset is ranked worse than
54.31% of 928 companies
in the REITs industry
Industry Median: 0.585 vs JSE:EXP: 0.55

Exemplar REITail  (JSE:EXP) 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%.


Exemplar REITail Equity-to-Asset Related Terms


Exemplar REITail Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Exemplar REITail'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.

Exemplar REITail Equity-to-Asset Chart

Exemplar REITail Annual Data
Trend Feb16 Feb17 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.55 0.55 0.53 0.55

Exemplar REITail Semi-Annual Data
Feb15 Feb16 Feb17 Aug17 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.55 0.54 0.53 0.53 0.55

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

For the REIT - Retail subindustry, Exemplar REITail'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.


Exemplar REITail Equity-to-Asset vs REITs Industry

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

* The bar in red indicates where Exemplar REITail's Equity-to-Asset falls into.


JSE:EXP
75GF Score
Exemplar REITail Ltd JSE:EXP
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Exemplar REITail 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.

Exemplar REITail's Equity to Asset Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Equity to Asset (A: Feb. 2026 )=Total Stockholders Equity/Total Assets
=6467.929/11710.547
=0.55

Exemplar REITail's Equity to Asset Ratio for the quarter that ended in Feb. 2026 is calculated as

Equity to Asset (Q: Feb. 2026 )=Total Stockholders Equity/Total Assets
=6467.929/11710.547
=0.55

* 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 0.55 mean?
Exemplar REITail (JSE:EXP) has a Equity-to-Asset of 0.55 as of Feb. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Exemplar REITail and its competitors. This is near median its historical median of 0.55. Over the past decade, Exemplar REITail's Equity-to-Asset has ranged from 0.53 to 0.62. According to the industry distribution chart, Exemplar REITail ranks #504 out of 928 companies in the REITs industry, placing it in the top 54.3%.
Is Exemplar REITail's Equity-to-Asset too high?
Exemplar REITail's current Equity-to-Asset of 0.55 is near median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.62. The REITs industry median Equity-to-Asset is 0.59. Exemplar REITail's value of 0.55 is 6% below this industry median. Based on the distribution chart, Exemplar REITail ranks #504 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, Exemplar REITail has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Exemplar REITail's Equity-to-Asset compare to SPG and O?
According to the REITs industry distribution chart, Exemplar REITail ranks #504 out of 928 companies for Equity-to-Asset. This places Exemplar REITail in the lower half of its industry. The industry median Equity-to-Asset is 0.59. Exemplar REITail's value of 0.55 is 6% below this benchmark. Historically, Exemplar REITail's own Equity-to-Asset has ranged from 0.53 to 0.62 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.59, Exemplar REITail 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 0.59, based on 928 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. Exemplar REITail's current Equity-to-Asset of 0.55 is 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 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 Exemplar REITail and its competitors. For the REITs industry, the median Equity-to-Asset is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exemplar REITail's current Equity-to-Asset is 0.55, which is near median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exemplar REITail stock overvalued right now?
Exemplar REITail (JSE:EXP) has a current Equity-to-Asset of 0.55. The stock's GF Value™ is R15.90, compared to a current price of R18.00 — trading 13.2% above its estimated fair value. The current Equity-to-Asset is 0.55, which is near median its 10-year median of 0.55 and 6% below the REITs industry median of 0.59. Exemplar REITail's overall GF Score™ is 75/100 with 4 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 Exemplar REITail (JSE:EXP), the current Equity-to-Asset is 0.55 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 Exemplar REITail (JSE:EXP) Overvalued in 2026?

Based on GuruFocus' analysis, Exemplar REITail stock appears to be overvalued. The current stock price of R18.00 is trading 13.2% above its estimated GF Value™ of R15.90.

Key valuation signals for JSE:EXP:

  • Equity-to-Asset: 0.55 (near median its 10-year median of 0.55)
  • GF Value™: R15.90 vs. price of R18.00 (13.2% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 6% below the REITs median (#504 of 928)

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


Exemplar REITail Business Description

Industry Real EstateREITs
Address 204 Von Willich Avenue, Clubview, Centurion, Gauteng, ZAF, 0157
Exemplar REITail Ltd is a real estate investment trust which develops, owns and manages township and rural retail real estate. The company is the only fund in the country focused purely on retail in under-serviced areas that offers stakeholders investment opportunities. The company's retail segments based on geography consist of Gauteng, Mpumalanga, KwaZulu-Natal, Limpopo, Eastern and Western Cape.
75GF Score

Get the complete analysis for JSE:EXP

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

R18.00
Price
R15.90
GF Value