Accelerate Property FundJSE:APF 30 Interest Coverage is 1.54 as of Sep. 2025, which is 19% below its 10-year median of 1.89. 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 700 REITs companies, Accelerate Property Fund ranks worse than 142857% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Accelerate Property Fund's
Operating Income
for the
six
months ended in Sep. 2025 was R325.3 Mil. Accelerate Property Fund's Interest Expense for the
six
months ended in Sep. 2025 was R-210.7 Mil.
Accelerate Property Fund's interest coverage for the quarter that ended in Sep. 2025 was 1.54.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Accelerate Property Fund's Interest Coverage or its related term are showing as below:
JSE:APF's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 3.095 * Ranked among companies with meaningful Interest Coverage only.
Accelerate Property Fund (JSE:APF) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Accelerate Property Fund Interest Coverage Related Terms
Accelerate Property Fund Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
JSE:APF vs SPG, O, KIM: Interest Coverage Comparison
For the REIT - Retail subindustry, Accelerate Property Fund's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, Accelerate Property Fund's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Accelerate Property Fund's Interest Coverage falls into.
Accelerate Property Fund Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
Accelerate Property Fund (JSE:APF) has a Interest Coverage of 1.54 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Accelerate Property Fund and its competitors. This is 19% below median its historical median of 1.89. According to the industry distribution chart, Accelerate Property Fund ranks #999999 out of 700 companies in the REITs industry.
Is Accelerate Property Fund's Interest Coverage too high?
Accelerate Property Fund's current Interest Coverage of 1.54 is 19% below median its 10-year median of 1.89. The REITs industry median Interest Coverage is 3.10. Accelerate Property Fund's value of 1.54 is 50.2% below this industry median. Based on the distribution chart, Accelerate Property Fund ranks #999999 out of 700 companies in the REITs industry, which is in the bottom quartile relative to peers. 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 Interest Coverage compare to SPG and O?
According to the REITs industry distribution chart, Accelerate Property Fund ranks #999999 out of 700 companies for Interest Coverage. This places Accelerate Property Fund in the lower half of its industry. The industry median Interest Coverage is 3.10. Accelerate Property Fund's value of 1.54 is 50.2% below this benchmark. While the company's 10-year median is 1.89 vs. the industry median of 3.10, 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Accelerate Property Fund's current Interest Coverage of 1.54 is 50.2% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Accelerate Property Fund and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accelerate Property Fund's current Interest Coverage is 1.54, which is 19% below median its own 10-year median of 1.89. 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 Interest Coverage is 1.54, which is 19% below median its 10-year median of 1.89 and 50.2% below the REITs industry median of 3.10. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Accelerate Property Fund (JSE:APF), the current Interest Coverage is 1.54 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:
Interest Coverage: 1.54 (19% below median its 10-year median of 1.89)
GF Value™: R0.37 vs. price of R0.53 (43.2% above fair value)
Industry Position: 50.2% below the REITs median (#999999 of 700)
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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