Emira Property Fund (JSE:EMI) Interest Expense: R-464 Mil (TTM As of Mar. 2026)

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JSE:EMI Emira Property Fund Ltd JSE:EMI
54 GF Score
Price R13.64
GF Value R8.63
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Emira Property Fund Interest Expense?

Emira Property Fund JSE:EMI -1.16% 54 Interest Expense is R-464 Mil as of Mar. 2026. GuruFocus rates JSE:EMI with a GF Score™ of 54/100 and a GF Value™ of R8.63 (Significantly Overvalued). 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. Emira Property Fund's interest expense for the six months ended in Mar. 2026 was R -223 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was R-464 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. Emira Property Fund's Operating Income for the six months ended in Mar. 2026 was R 295 Mil. Emira Property Fund's Interest Expense for the six months ended in Mar. 2026 was R -223 Mil. Emira Property Fund's Interest Coverage for the quarter that ended in Mar. 2026 was 1.32. 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.

Emira Property Fund  (JSE:EMI) Interest Expense Explanation

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. The higher, the better.

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

Emira Property Fund's Interest Expense for the six months ended in Mar. 2026 was R-223 Mil. Its Operating Income for the six months ended in Mar. 2026 was R295 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was R5,495 Mil.

Emira Property Fund's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*295.152/-222.86
=1.32

* 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.

Emira Property Fund Interest Expense Historical Data

* Premium members only.

The historical data trend for Emira Property Fund's Interest Expense 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.

Emira Property Fund Interest Expense Chart

Emira Property Fund Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -397.69 -396.63 -584.29 -528.64 -463.87

Emira Property Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Expense 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 -291.43 -292.23 -236.40 -241.01 -222.86
JSE:EMI
54GF Score
Emira Property Fund Ltd JSE:EMI
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Emira Property Fund 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-464 Mil.

* 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 Interest Expense →
What does a Interest Expense of R-464 Mil mean?
Emira Property Fund (JSE:EMI) has a Interest Expense of R-464 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Emira Property Fund and its competitors.
Is Emira Property Fund's Interest Expense too high?
Emira Property Fund's current Interest Expense is R-464 Mil. Overall, Emira Property Fund has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emira Property Fund's Interest Expense compare to VICI and WPC?
Emira Property Fund's Interest Expense of R-464 Mil can be compared against companies in the REITs 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 REITs company?
A good Interest Expense depends on the REITs 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 Emira Property Fund and its competitors. Emira Property Fund's current Interest Expense is R-464 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emira Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Emira Property Fund (JSE:EMI) is currently considered Significantly Overvalued. The stock's GF Value™ is R8.63, compared to a current price of R13.64 — trading 58.1% above its estimated fair value. The current Interest Expense is R-464 Mil. Emira Property Fund's overall GF Score™ is 54/100 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 Emira Property Fund (JSE:EMI), the current Interest Expense is R-464 Mil as of Mar. 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 Emira Property Fund (JSE:EMI) Overvalued in 2026?

Based on GuruFocus' analysis, Emira Property Fund stock appears to be overvalued. The current stock price of R13.64 is trading 58.1% above its estimated GF Value™ of R8.63. GuruFocus considers Emira Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:EMI:

  • Interest Expense: R-464 Mil
  • GF Value™: R8.63 vs. price of R13.64 (58.1% above fair value)
  • GF Score™: 54/100 with 6 warning signs

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

Emira Property Fund Business Description

Industry Real EstateREITs
Address 33 Sloane Street, 1st Floor, Block A, Knightsbridge Office Park, Bryanston, Johannesburg, GT, ZAF, 2191
Emira Property Fund Ltd is a South African real estate investment trust. The company's portfolio consists of office, retail, residential, and industrial properties. The majority of the properties are in Gauteng, with the others in the Western Cape and KwaZulu-Natal. The company operates through five segments, namely: Office; Retail; Industrial; Residential; and Corporate. The office segment comprises commercial properties. The retail segment includes shopping centers. The industrial segment consists of industrial properties. The residential segment comprises directly held residential property, and the corporate segment comprises the South African administration activities of the Group.
54GF Score

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

R13.64
Price
R8.63
GF Value