Equites Property Fund (JSE:EQU) Market Cap: R15,446 Mil (As of Aug. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:EQU Equites Property Fund Ltd JSE:EQU
79 GF Score
Price R17.79
GF Value R13.45
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Equites Property Fund Market Cap?

Equites Property Fund JSE:EQU +0.57% 79 Market Cap is R15,446 Mil as of Aug. 11, 2026. GuruFocus rates JSE:EQU with a GF Score™ of 79/100 and a GF Value™ of R13.45 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 973 REITs companies, Equites Property Fund ranks better than 68.76% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Equites Property Fund's share price for the quarter that ended in Feb. 2026 was R19.18. Equites Property Fund's Shares Outstanding (EOP) for the quarter that ended in Feb. 2026 was 867 Mil. Therefore, Equites Property Fund's market cap for the quarter that ended in Feb. 2026 was R16,635 Mil.

Equites Property Fund's quarterly market cap increased from Feb. 2025 (R11,609 Mil) to Aug. 2025 (R13,736 Mil) and increased from Aug. 2025 (R13,736 Mil) to Feb. 2026 (R16,635 Mil).

Equites Property Fund's annual market cap increased from Feb. 2024 (R10,219 Mil) to Feb. 2025 (R11,609 Mil) and increased from Feb. 2025 (R11,609 Mil) to Feb. 2026 (R16,635 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Equites Property Fund's Enterprise Value for Today is R27,186 Mil.


Equites Property Fund  (JSE:EQU) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Equites Property Fund Market Cap Related Terms


Equites Property Fund Market Cap Historical Data

* Premium members only.

The historical data trend for Equites Property Fund's Market Cap 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.

Equites Property Fund Market Cap Chart

Equites Property Fund Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,346.69 11,966.75 10,219.13 11,608.99 16,634.62

Equites Property Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Market Cap 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 10,219.13 11,010.27 11,608.99 13,736.23 16,634.62

JSE:EQU vs PLD, PSA, EXR: Market Cap Comparison

For the REIT - Industrial subindustry, Equites Property Fund's Market Cap, along with its competitors' market caps and Market Cap 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.


Equites Property Fund Market Cap vs REITs Industry

For the REITs industry and Real Estate sector, Equites Property Fund's Market Cap distribution charts can be found below:

* The bar in red indicates where Equites Property Fund's Market Cap falls into.


JSE:EQU
79GF Score
Equites Property Fund Ltd JSE:EQU
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equites Property Fund Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Equites Property Fund's Market Cap for the fiscal year that ended in Feb. 2026 is calculated as

Market Cap (A: Feb. 2026 )=Share Price (A: Feb. 2026 )*Shares Outstanding (EOP) (A: Feb. 2026 )
=R19.18*867.290
=R16,635

Equites Property Fund's Market Cap for the quarter that ended in Feb. 2026 is calculated as

Market Cap (Q: Feb. 2026 )=Share Price (Q: Feb. 2026 )*Shares Outstanding (EOP) (Q: Feb. 2026 )
=R19.18*867.290
=R16,635

* 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 Market Cap →
What does a Market Cap of R15,446 Mil mean?
Equites Property Fund (JSE:EQU) has a Market Cap of R15,446 Mil as of Aug. 11, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Equites Property Fund and its competitors. According to the industry distribution chart, Equites Property Fund ranks #304 out of 973 companies in the REITs industry, placing it in the top 31.2%.
Is Equites Property Fund's Market Cap too high?
Equites Property Fund's current Market Cap is R15,446 Mil. Based on the distribution chart, Equites Property Fund ranks #304 out of 973 companies in the REITs industry, which is above the industry midpoint. Overall, Equites Property Fund has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equites Property Fund's Market Cap compare to PLD and PSA?
According to the REITs industry distribution chart, Equites Property Fund ranks #304 out of 973 companies for Market Cap. This puts Equites Property Fund in the upper half of its industry. The industry median Market Cap is 285.37. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a REITs company?
The median Market Cap among REITs companies is 285.37, based on 973 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Equites Property Fund and its competitors. For the REITs industry, the median Market Cap is 285.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equites Property Fund's current Market Cap is R15,446 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equites Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Equites Property Fund (JSE:EQU) is currently considered Significantly Overvalued. The stock's GF Value™ is R13.45, compared to a current price of R17.79 — trading 32.3% above its estimated fair value. The current Market Cap is R15,446 Mil. Equites Property Fund's overall GF Score™ is 79/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Equites Property Fund (JSE:EQU), the current Market Cap is R15,446 Mil as of Aug. 11, 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 Equites Property Fund (JSE:EQU) Overvalued in 2026?

Based on GuruFocus' analysis, Equites Property Fund stock appears to be overvalued. The current stock price of R17.79 is trading 32.3% above its estimated GF Value™ of R13.45. GuruFocus considers Equites Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:EQU:

  • Market Cap: R15,446 Mil
  • GF Value™: R13.45 vs. price of R17.79 (32.3% above fair value)
  • GF Score™: 79/100 with 12 warning signs

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


Equites Property Fund Business Description

Industry Real EstateREITs
Address 4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001
Equites Property Fund Ltd generates rental income from investment in and development of modern logistics facilities. Its business activities include development, acquisition of vacant land and brownfield opportunities, acquisition of tenanted property, property management, and capital management. The Group operates through three reportable segments: SA Industrial, generate maximum revenue, which incorporates all the SA industrial and logistics assets; UK Developer, which relates to the disposal of land and turnkey developments; and Other, which comprises non-property-related activities. The Group has industrial and logistics assets in the Western Cape, Eastern Cape, Gauteng, and KwaZulu-Natal, and one ongoing development site in the UK.
79GF Score

Get the complete analysis for JSE:EQU

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

R17.79
Price
R13.45
GF Value