Spear REIT (JSE:SEA) Marketable Securities: R1.1 Mil (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:SEA Spear REIT Ltd JSE:SEA
64 GF Score
Price R12.75
GF Value R6.85
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Spear REIT Marketable Securities?

Spear REIT JSE:SEA -0.47% 64 Marketable Securities is R1.1 Mil as of Feb. 2026. GuruFocus rates JSE:SEA with a GF Score™ of 64/100 and a GF Value™ of R6.85 (Significantly Overvalued). The stock has 12 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Spear REIT's Marketable Securities for the quarter that ended in Feb. 2026 was R1.1 Mil.

Spear REIT's annual Marketable Securities increased from Feb. 2024 (R0.8 Mil) to Feb. 2025 (R16.6 Mil) but then declined from Feb. 2025 (R16.6 Mil) to Feb. 2026 (R1.1 Mil).

Spear REIT  (JSE:SEA) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Spear REIT Marketable Securities Related Terms

Spear REIT Marketable Securities Historical Data

* Premium members only.

The historical data trend for Spear REIT's Marketable Securities 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.

Spear REIT Marketable Securities Chart

Spear REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 1.05 0.82 16.55 1.07

Spear REIT Semi-Annual Data
Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Marketable Securities 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 0.82 1.58 16.55 1.80 1.07
JSE:SEA
64GF Score
Spear REIT Ltd JSE:SEA
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Spear REIT Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of R1.1 Mil mean?
Spear REIT (JSE:SEA) has a Marketable Securities of R1.1 Mil as of Feb. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Spear REIT and its competitors.
Is Spear REIT's Marketable Securities too high?
Spear REIT's current Marketable Securities is R1.1 Mil. Overall, Spear REIT has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spear REIT's Marketable Securities compare to VICI and WPC?
Spear REIT's Marketable Securities of R1.1 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 Marketable Securities for a REITs company?
A good Marketable Securities depends on the REITs industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Spear REIT and its competitors. Spear REIT's current Marketable Securities is R1.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spear REIT stock overvalued right now?
Based on GuruFocus' analysis, Spear REIT (JSE:SEA) is currently considered Significantly Overvalued. The stock's GF Value™ is R6.85, compared to a current price of R12.75 — trading 86.1% above its estimated fair value. The current Marketable Securities is R1.1 Mil. Spear REIT's overall GF Score™ is 64/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Spear REIT (JSE:SEA), the current Marketable Securities is R1.1 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 Spear REIT (JSE:SEA) Overvalued in 2026?

Based on GuruFocus' analysis, Spear REIT stock appears to be overvalued. The current stock price of R12.75 is trading 86.1% above its estimated GF Value™ of R6.85. GuruFocus considers Spear REIT to be Significantly Overvalued.

Key valuation signals for JSE:SEA:

  • Marketable Securities: R1.1 Mil
  • GF Value™: R6.85 vs. price of R12.75 (86.1% above fair value)
  • GF Score™: 64/100 with 12 warning signs

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

Spear REIT Business Description

Industry Real EstateREITs
Address 2 Long Street, PO Box 50, 16th Floor, Observatory, 7935, Cape Town, ZAF, 8001
Spear REIT Ltd is a real estate investment trust. The company has five segments Industrial, Commercial, Retail, Development, and Non-property. The company generates majority of revenue from Industrial segment. The industrial portfolio comprises a diverse range of multi-let industrial properties, warehouses, logistics parks, and urban logistics facilities. The company has presence in Cape.
64GF Score

Get the complete analysis for JSE:SEA

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

R12.75
Price
R6.85
GF Value