Delta Property Fund (JSE:DLT) FCF Margin %: 5.30% (As of Feb. 2026) — 41% Below Median


JSE:DLT Delta Property Fund Ltd JSE:DLT
33 GF Score
Price R0.50
GF Value R0.23
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Delta Property Fund FCF Margin %?

Delta Property Fund JSE:DLT 33 FCF Margin % is 5.30% as of Feb. 2026, which is 41% below its 10-year median of 9.01. GuruFocus rates JSE:DLT with a GF Score™ of 33/100 and a GF Value™ of R0.23 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 936 REITs companies, Delta Property Fund ranks worse than 74.25% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Delta Property Fund's Free Cash Flow for the six months ended in Feb. 2026 was R30 Mil. Delta Property Fund's Revenue for the six months ended in Feb. 2026 was R575 Mil. Therefore, Delta Property Fund's FCF Margin % for the quarter that ended in Feb. 2026 was 5.30%.

As of today, Delta Property Fund's current FCF Yield % is 20.26%.

The historical rank and industry rank for Delta Property Fund's FCF Margin % or its related term are showing as below:

JSE:DLT' s FCF Margin % Range Over the Past 10 Years
Min: -13.02   Med: 9.01   Max: 32.09
Current: 6.3


During the past 13 years, the highest FCF Margin % of Delta Property Fund was 32.09%. The lowest was -13.02%. And the median was 9.01%.

JSE:DLT's FCF Margin % is ranked worse than
74.25% of 936 companies
in the REITs industry
Industry Median: 40.025 vs JSE:DLT: 6.30


Delta Property Fund FCF Margin % Related Terms


Delta Property Fund FCF Margin % Historical Data

* Premium members only.

The historical data trend for Delta Property Fund's FCF Margin % 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.

Delta Property Fund FCF Margin % Chart

Delta Property Fund Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.59 5.72 6.43 4.41 6.30

Delta Property Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
FCF Margin % 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 3.93 4.75 4.07 7.32 5.30

JSE:DLT vs BXP, ARE, VNO: FCF Margin % Comparison

For the REIT - Office subindustry, Delta Property Fund's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.


Delta Property Fund FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Delta Property Fund's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Delta Property Fund's FCF Margin % falls into.


JSE:DLT
33GF Score
Delta Property Fund Ltd JSE:DLT
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Property Fund FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Delta Property Fund's FCF Margin for the fiscal year that ended in Feb. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Feb. 2026 )/Revenue (A: Feb. 2026 )
=72.362/1147.913
=6.30 %

Delta Property Fund's FCF Margin for the quarter that ended in Feb. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=30.477/575.331
=5.30 %

* 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 FCF Margin % →
What does a FCF Margin % of 5.30% mean?
Delta Property Fund (JSE:DLT) has a FCF Margin % of 5.30% as of Feb. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Delta Property Fund and its competitors. This is 41% below median its historical median of 9.01. According to the industry distribution chart, Delta Property Fund ranks #695 out of 936 companies in the REITs industry, placing it in the top 74.3%.
Is Delta Property Fund's FCF Margin % too high?
Delta Property Fund's current FCF Margin % of 5.30% is 41% below median its 10-year median of 9.01. The REITs industry median FCF Margin % is 40.03. Delta Property Fund's value of 5.30% is 86.8% below this industry median. Based on the distribution chart, Delta Property Fund ranks #695 out of 936 companies in the REITs industry, which is below the industry midpoint. Overall, Delta Property Fund has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Property Fund's FCF Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Delta Property Fund ranks #695 out of 936 companies for FCF Margin %. This places Delta Property Fund in the lower half of its industry. The industry median FCF Margin % is 40.03. Delta Property Fund's value of 5.30% is 86.8% below this benchmark. While the company's 10-year median is 9.01 vs. the industry median of 40.03, Delta 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 FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delta Property Fund's current FCF Margin % of 5.30% is 86.8% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Delta Property Fund and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Property Fund's current FCF Margin % is 5.30%, which is 41% below median its own 10-year median of 9.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Delta Property Fund (JSE:DLT) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.23, compared to a current price of R0.50 — trading 117.4% above its estimated fair value. The current FCF Margin % is 5.30%, which is 41% below median its 10-year median of 9.01 and 86.8% below the REITs industry median of 40.03. Delta Property Fund's overall GF Score™ is 33/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Delta Property Fund (JSE:DLT), the current FCF Margin % is 5.30% 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 Delta Property Fund (JSE:DLT) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Property Fund stock appears to be overvalued. The current stock price of R0.50 is trading 117.4% above its estimated GF Value™ of R0.23. GuruFocus considers Delta Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:DLT:

  • FCF Margin %: 5.30% (41% below median its 10-year median of 9.01)
  • GF Value™: R0.23 vs. price of R0.50 (117.4% above fair value)
  • GF Score™: 33/100 with 9 warning signs
  • Industry Position: 86.8% below the REITs median (#695 of 936)

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


Delta Property Fund Business Description

Industry Real EstateREITs
Address 10 Muswell Road South, Building 3, Silver Stream Office Park, Bryanston, Sandton, Johannesburg, GT, ZAF, 2021
Delta Property Fund Ltd engages in making long-term investments in rental-generating properties. The company comprises three segments, namely, Office-Sovereign, Office-Other, and Head Office. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets, single tenanted by the national government, provincial government, state-owned enterprises, and large blue-chip corporations under long leases.
33GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R0.50
Price
R0.23
GF Value