Redefine Properties (JSE:RDF) FCF Margin %: 28.87% (As of Feb. 2026) — Near Median


JSE:RDF Redefine Properties Ltd JSE:RDF
61 GF Score
Price R6.36
GF Value R3.92
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Redefine Properties FCF Margin %?

Redefine Properties JSE:RDF -0.16% 61 FCF Margin % is 28.87% as of Feb. 2026, which is 9% below its 10-year median of 31.70. GuruFocus rates JSE:RDF with a GF Score™ of 61/100 and a GF Value™ of R3.92 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 936 REITs companies, Redefine Properties ranks worse than 59.4% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Redefine Properties's Free Cash Flow for the six months ended in Feb. 2026 was R1,615 Mil. Redefine Properties's Revenue for the six months ended in Feb. 2026 was R5,594 Mil. Therefore, Redefine Properties's FCF Margin % for the quarter that ended in Feb. 2026 was 28.87%.

As of today, Redefine Properties's current FCF Yield % is 7.27%.

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

JSE:RDF' s FCF Margin % Range Over the Past 10 Years
Min: 26.04   Med: 31.7   Max: 58.87
Current: 28.84


During the past 13 years, the highest FCF Margin % of Redefine Properties was 58.87%. The lowest was 26.04%. And the median was 31.70%.

JSE:RDF's FCF Margin % is ranked worse than
59.4% of 936 companies
in the REITs industry
Industry Median: 40.025 vs JSE:RDF: 28.84


Redefine Properties FCF Margin % Related Terms


Redefine Properties FCF Margin % Historical Data

* Premium members only.

The historical data trend for Redefine Properties'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.

Redefine Properties FCF Margin % Chart

Redefine Properties Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.64 31.75 26.04 27.26 31.38

Redefine Properties 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 22.21 32.10 34.05 28.81 28.87

JSE:RDF vs VICI, WPC: FCF Margin % Comparison

For the REIT - Diversified subindustry, Redefine Properties'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.


Redefine Properties FCF Margin % vs REITs Industry

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

* The bar in red indicates where Redefine Properties's FCF Margin % falls into.


JSE:RDF
61GF Score
Redefine Properties Ltd JSE:RDF
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Redefine Properties FCF Margin % Calculation

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

Redefine Properties's FCF Margin for the fiscal year that ended in Aug. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Aug. 2025 )/Revenue (A: Aug. 2025 )
=3454.103/11007.362
=31.38 %

Redefine Properties'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 )
=1615.025/5593.67
=28.87 %

* 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 28.87% mean?
Redefine Properties (JSE:RDF) has a FCF Margin % of 28.87% as of Feb. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Redefine Properties and its competitors. This is near median its historical median of 31.70. Over the past decade, Redefine Properties' FCF Margin % has ranged from 26.04 to 58.87. According to the industry distribution chart, Redefine Properties ranks #556 out of 936 companies in the REITs industry, placing it in the top 59.4%.
Is Redefine Properties' FCF Margin % too high?
Redefine Properties' current FCF Margin % of 28.87% is near median its 10-year median of 31.70. Over the past 10 years, this metric has ranged from a low of 26.04 to a high of 58.87. The REITs industry median FCF Margin % is 40.03. Redefine Properties' value of 28.87% is 27.9% below this industry median. Based on the distribution chart, Redefine Properties ranks #556 out of 936 companies in the REITs industry, which is below the industry midpoint. Overall, Redefine Properties has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redefine Properties' FCF Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Redefine Properties ranks #556 out of 936 companies for FCF Margin %. This places Redefine Properties in the lower half of its industry. The industry median FCF Margin % is 40.03. Redefine Properties' value of 28.87% is 27.9% below this benchmark. Historically, Redefine Properties' own FCF Margin % has ranged from 26.04 to 58.87 over the past decade. While the company's 10-year median is 31.70 vs. the industry median of 40.03, Redefine Properties 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. Redefine Properties's current FCF Margin % of 28.87% is 27.9% 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 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 Redefine Properties 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. Redefine Properties's current FCF Margin % is 28.87%, which is near median its own 10-year median of 31.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redefine Properties stock overvalued right now?
Based on GuruFocus' analysis, Redefine Properties (JSE:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.92, compared to a current price of R6.36 — trading 62.2% above its estimated fair value. The current FCF Margin % is 28.87%, which is near median its 10-year median of 31.70 and 27.9% below the REITs industry median of 40.03. Redefine Properties' overall GF Score™ is 61/100 with 12 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 Redefine Properties (JSE:RDF), the current FCF Margin % is 28.87% 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 Redefine Properties (JSE:RDF) Overvalued in 2026?

Based on GuruFocus' analysis, Redefine Properties stock appears to be overvalued. The current stock price of R6.36 is trading 62.2% above its estimated GF Value™ of R3.92. GuruFocus considers Redefine Properties to be Significantly Overvalued.

Key valuation signals for JSE:RDF:

  • FCF Margin %: 28.87% (near median its 10-year median of 31.70)
  • GF Value™: R3.92 vs. price of R6.36 (62.2% above fair value)
  • GF Score™: 61/100 with 12 warning signs
  • Industry Position: 27.9% below the REITs median (#556 of 936)

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


Redefine Properties Business Description

Industry Real EstateREITs
Other Exchanges RDPEF:USA
Address 155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland. Within South Africa, over half of the Company's properties by total value are situated in the province of Gauteng. The Group comprises the South Africa portfolio segment, including office, retail, industrial, specialised, and head office. Its international portfolio includes EPP, which is mainly retail; Redefine Europe, which is mainly industrial; Self Storage Investments, which is mainly self-storage; and Lango Real Estate, which represents the head office, along with head office funding related to international investments.
61GF Score

Get the complete analysis for JSE:RDF

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

R6.36
Price
R3.92
GF Value