Afrimat (JSE:AFT) Interest Expense: R-298 Mil (TTM As of Feb. 2026)

What is Afrimat Interest Expense?

Afrimat JSE:AFT +1.96% 71 Interest Expense is R-298 Mil as of Feb. 2026. GuruFocus rates JSE:AFT with a GF Score™ of 71/100 and a GF Value™ of R97.09 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Afrimat's interest expense for the six months ended in Feb. 2026 was R -150 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2026 was R-298 Mil.

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. Afrimat's Operating Income for the six months ended in Feb. 2026 was R 120 Mil. Afrimat's Interest Expense for the six months ended in Feb. 2026 was R -150 Mil. Afrimat's Interest Coverage for the quarter that ended in Feb. 2026 was 0.80. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Afrimat (JSE:AFT) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Afrimat's Interest Expense for the six months ended in Feb. 2026 was R-150 Mil. Its Operating Income for the six months ended in Feb. 2026 was R120 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2026 was R936 Mil.

Afrimat's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2026 )	/	Interest Expense (Q: Feb. 2026 )
	=	-1	*	120.203	/	-149.71
	=	0.80

* 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.

The higher the ratio, the stronger the company's financial strength is.

Afrimat Interest Expense Historical Data

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The historical data trend for Afrimat's Interest Expense can be seen below:

Afrimat Interest Expense Chart

Afrimat Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Feb26

Interest Expense

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-39.85

-40.78

-55.00

-197.21

-298.15

Afrimat Semi-Annual Data
	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25	Aug25	Feb26
Interest Expense	Get a 7-Day Free Trial															-22.48	-93.93	-103.28	-148.44	-149.71

71GF Score

Afrimat Ltd JSE:AFT

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Afrimat Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-298 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of R-298 Mil mean?

Afrimat (JSE:AFT) has a Interest Expense of R-298 Mil as of Feb. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Afrimat and its competitors.

Is Afrimat's Interest Expense too high?

Afrimat's current Interest Expense is R-298 Mil. Overall, Afrimat has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Afrimat's Interest Expense compare to CRH and VMC?

Afrimat's Interest Expense of R-298 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Building Materials company?

A good Interest Expense depends on the Building Materials industry context. However, Interest Expense 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Afrimat and its competitors. Afrimat's current Interest Expense is R-298 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Afrimat stock overvalued right now?

Based on GuruFocus' analysis, Afrimat (JSE:AFT) is currently considered Significantly Undervalued. The stock's GF Value™ is R97.09, compared to a current price of R28.04 — trading 71.1% below its estimated fair value. The current Interest Expense is R-298 Mil. Afrimat's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Afrimat (JSE:AFT), the current Interest Expense is R-298 Mil 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 Afrimat (JSE:AFT) Overvalued in 2026?

Based on GuruFocus' analysis, Afrimat stock appears to be undervalued. The current stock price of R28.04 is trading 71.1% below its estimated GF Value™ of R97.09. GuruFocus considers Afrimat to be Significantly Undervalued.

Key valuation signals for JSE:AFT:

Interest Expense: R-298 Mil
GF Value™: R97.09 vs. price of R28.04 (71.1% below fair value)
GF Score™: 71/100 with 6 warning signs

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

Afrimat Business Description

Industry Basic Materials Building Materials

Comparable Companies JSE:SEP JSE:BIK JSE:PPC CRH XSWX:HOLN SHSE:600176 VMC XTER:HEI MLM BOM:532538 XSWX:AMRZ NSE:GRASIM MEX:CEMEXCPO JHX SHSE:600585 NSA:DCP BOM:500425 BOM:500387 MIL:BZU NSA:BUACEMENT

Address Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530

Website https://www.afrimat.co.za

Afrimat Ltd is a South Africa-based company. It has five segment Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The company generates majority of revenue from Construction Materials comprises two distinct product segments: Aggregates and Cement. Aggregates include the sale of sand, gravel, crushed stone, and concrete-based products. Concrete-based products are produced using rock, sand, water, cement, and readymix concrete are typically used in various construction applications. The segment also includes the processing and sale of fly-ash, a by-product used to enhance concrete performance. Cement consists of the manufacturing and supply of cement. The Group views the entire southern African region as a single geographical area.

71GF Score

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

R28.04

Price

R97.09

GF Value

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