Accelerate Property FundJSE:APF 30 Gross Margin % is 64.10% as of Sep. 2025, which is 4% below its 10-year median of 66.52. GuruFocus rates JSE:APF with a GF Score™ of 30/100 and a GF Value™ of R0.37 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 680 REITs companies, Accelerate Property Fund ranks worse than 67.65% on this metric.
JSE:APF's Gross Margin % is ranked worse than 67.65% of 680
companies
in the REITs industry
Industry Median: 69.705
vs JSE:APF: 61.50
Accelerate Property Fund had a gross margin of 64.10% for the quarter that ended in Sep. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Accelerate Property Fund was -3.10% per year.
Accelerate Property Fund (JSE:APF) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Accelerate Property Fund had a gross margin of 64.10% for the quarter that ended in Sep. 2025 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Accelerate Property Fund Gross Margin % Related Terms
Accelerate Property Fund Gross Margin % Historical Data
* 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 - Retail subindustry, Accelerate Property Fund's Gross Margin %, along with its competitors' market caps and Gross 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.
Accelerate Property Fund Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Accelerate Property Fund's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Accelerate Property Fund's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Accelerate Property Fund (JSE:APF) has a Gross Margin % of 64.10% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Accelerate Property Fund and its competitors. This is near median its historical median of 66.52. Over the past decade, Accelerate Property Fund's Gross Margin % has ranged from 56.68 to 74.61. According to the industry distribution chart, Accelerate Property Fund ranks #460 out of 680 companies in the REITs industry, placing it in the top 67.6%.
Is Accelerate Property Fund's Gross Margin % too high?
Accelerate Property Fund's current Gross Margin % of 64.10% is near median its 10-year median of 66.52. Over the past 10 years, this metric has ranged from a low of 56.68 to a high of 74.61. The REITs industry median Gross Margin % is 69.71. Accelerate Property Fund's value of 64.10% is 8% below this industry median. Based on the distribution chart, Accelerate Property Fund ranks #460 out of 680 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 Gross Margin % compare to SPG and O?
According to the REITs industry distribution chart, Accelerate Property Fund ranks #460 out of 680 companies for Gross Margin %. This places Accelerate Property Fund in the lower half of its industry. The industry median Gross Margin % is 69.71. Accelerate Property Fund's value of 64.10% is 8% below this benchmark. Historically, Accelerate Property Fund's own Gross Margin % has ranged from 56.68 to 74.61 over the past decade. While the company's 10-year median is 66.52 vs. the industry median of 69.71, 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 Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.71, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Accelerate Property Fund's current Gross Margin % of 64.10% is 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Accelerate Property Fund and its competitors. For the REITs industry, the median Gross Margin % is 69.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accelerate Property Fund's current Gross Margin % is 64.10%, which is near median its own 10-year median of 66.52. 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 R0.37, compared to a current price of R0.53 — trading 43.2% above its estimated fair value. The current Gross Margin % is 64.10%, which is near median its 10-year median of 66.52 and 8% below the REITs industry median of 69.71. Accelerate Property Fund's overall GF Score™ is 30/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Accelerate Property Fund (JSE:APF), the current Gross Margin % is 64.10% as of Sep. 2025. 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 R0.53 is trading 43.2% above its estimated GF Value™ of R0.37.
GuruFocus considers Accelerate Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:APF:
Gross Margin %: 64.10% (near median its 10-year median of 66.52)
GF Value™: R0.37 vs. price of R0.53 (43.2% above fair value)
Industry Position: 8% below the REITs median (#460 of 680)
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 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.
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