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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Emira Property Fund's Enterprise Value is R10,942 Mil.
Emira Property Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was R-462 Mil. Therefore, Emira Property Fund's EV-to-FCF for today is -23.70.
The historical rank and industry rank for Emira Property Fund's EV-to-FCF or its related term are showing as below:
JSE:EMI'
s EV-to-FCF Range Over the Past 10 Years
Min: -628.13 Med: -49.02 Max: 1027.86
Current: -23.57
During the past 13 years, the highest EV-to-FCF of Emira Property Fund was 1027.86. The lowest was -628.13. And the median was -49.02.
JSE:EMI's EV-to-FCF is ranked worse than 100% of 737
companies
in the REITs industry
Industry Median: 23.11
vs JSE:EMI: -23.57
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Emira Property Fund (JSE:EMI) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Emira Property Fund's PE Ratio (TTM) for today is calculated as:
Emira Property Fund's share price for today is R13.80.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Emira Property Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was R1.533.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Emira Property Fund EV-to-FCF Related Terms
Emira Property Fund EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Emira Property Fund's EV-to-FCF 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 EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Emira Property Fund's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Emira Property Fund's EV-to-FCF falls into.
Emira Property Fund's current Enterprise Value is R10,942 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Emira Property Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was R-462 Mil.
* 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 EV-to-FCF of -23.70 as of Jul. 16, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Emira Property Fund and its competitors. According to the industry distribution chart, Emira Property Fund ranks #999999 out of 737 companies in the REITs industry.
Is Emira Property Fund's EV-to-FCF too high?
Emira Property Fund's current EV-to-FCF is -23.70. Based on the distribution chart, Emira Property Fund ranks #999999 out of 737 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Emira Property Fund has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emira Property Fund's EV-to-FCF compare to VICI and WPC?
According to the REITs industry distribution chart, Emira Property Fund ranks #999999 out of 737 companies for EV-to-FCF. This places Emira Property Fund in the lower half of its industry. The industry median EV-to-FCF is 23.11. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a REITs company?
The median EV-to-FCF among REITs companies is 23.11, based on 737 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Emira Property Fund and its competitors. For the REITs industry, the median EV-to-FCF is 23.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emira Property Fund's current EV-to-FCF is -23.70. 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 R8.63, compared to a current price of R13.80 — trading 59.9% above its estimated fair value. The current EV-to-FCF is -23.70. Emira Property Fund's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Emira Property Fund (JSE:EMI), the current EV-to-FCF is -23.70 as of Jul. 16, 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 R13.80 is trading 59.9% above its estimated GF Value™ of R8.63.
GuruFocus considers Emira Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:EMI:
EV-to-FCF: -23.70
GF Value™: R8.63 vs. price of R13.80 (59.9% above fair value)
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.
54GF Score
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