Accelerate Property Fund (JSE:APF) Net Margin %: 11.43% (As of Sep. 2025)


JSE:APF Accelerate Property Fund Ltd JSE:APF
30 GF Score
Price R0.53
GF Value R0.37
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Accelerate Property Fund Net Margin %?

Accelerate Property Fund JSE:APF 30 Net Margin % is 11.43% as of Sep. 2025. 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 928 REITs companies, Accelerate Property Fund ranks worse than 96.23% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Accelerate Property Fund's Net Income for the six months ended in Sep. 2025 was R49.2 Mil. Accelerate Property Fund's Revenue for the six months ended in Sep. 2025 was R430.0 Mil. Therefore, Accelerate Property Fund's net margin for the quarter that ended in Sep. 2025 was 11.43%.

The historical rank and industry rank for Accelerate Property Fund's Net Margin % or its related term are showing as below:

JSE:APF' s Net Margin % Range Over the Past 10 Years
Min: -167.02   Med: -31.22   Max: 90.78
Current: -118.39


JSE:APF's Net Margin % is ranked worse than
96.23% of 928 companies
in the REITs industry
Industry Median: 44.95 vs JSE:APF: -118.39

Accelerate Property Fund  (JSE:APF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Accelerate Property Fund Net Margin % Related Terms


Accelerate Property Fund Net Margin % Historical Data

* Premium members only.

The historical data trend for Accelerate Property Fund's Net Margin % 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.

Accelerate Property Fund Net Margin % Chart

Accelerate Property Fund Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -87.92 6.54 -68.98 -76.16 -167.02

Accelerate Property Fund Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Net Margin % 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 -21.33 -132.55 -68.11 -263.39 11.43

JSE:APF vs SPG, O, KIM: Net Margin % Comparison

For the REIT - Retail subindustry, Accelerate Property Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Accelerate Property Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Accelerate Property Fund's Net Margin % falls into.


JSE:APF
30GF Score
Accelerate Property Fund Ltd JSE:APF
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Accelerate Property Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Accelerate Property Fund's Net Margin for the fiscal year that ended in Mar. 2025 is calculated as

Net Margin=Net Income (A: Mar. 2025 )/Revenue (A: Mar. 2025 )
=-1269.635/760.156
=-167.02 %

Accelerate Property Fund's Net Margin for the quarter that ended in Sep. 2025 is calculated as

Net Margin=Net Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=49.158/430.047
=11.43 %

* 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 Net Margin % →
What does a Net Margin % of 11.43% mean?
Accelerate Property Fund (JSE:APF) has a Net Margin % of 11.43% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on Accelerate Property Fund and its competitors. According to the industry distribution chart, Accelerate Property Fund ranks #893 out of 928 companies in the REITs industry, placing it in the top 96.2%.
Is Accelerate Property Fund's Net Margin % too high?
Accelerate Property Fund's current Net Margin % is 11.43%. The REITs industry median Net Margin % is 44.95. Accelerate Property Fund's value of 11.43% is 74.6% below this industry median. Based on the distribution chart, Accelerate Property Fund ranks #893 out of 928 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 Net Margin % compare to SPG and O?
According to the REITs industry distribution chart, Accelerate Property Fund ranks #893 out of 928 companies for Net Margin %. This places Accelerate Property Fund in the lower half of its industry. The industry median Net Margin % is 44.95. Accelerate Property Fund's value of 11.43% is 74.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 44.95, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Accelerate Property Fund's current Net Margin % of 11.43% is 74.6% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Accelerate Property Fund and its competitors. For the REITs industry, the median Net Margin % is 44.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accelerate Property Fund's current Net Margin % is 11.43%. 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 Net Margin % is 11.43% and 74.6% below the REITs industry median of 44.95. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Accelerate Property Fund (JSE:APF), the current Net Margin % is 11.43% 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:

  • Net Margin %: 11.43%
  • GF Value™: R0.37 vs. price of R0.53 (43.2% above fair value)
  • GF Score™: 30/100 with 5 warning signs
  • Industry Position: 74.6% below the REITs median (#893 of 928)

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 Business Description

Industry Real EstateREITs
Address 1st Floor, Corner Willow Avenue and Cedar Road, Cedar Square Shopping Centre, Management Office, Fourways, Johannesburg, GT, ZAF, 2055
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.
30GF Score

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

R0.53
Price
R0.37
GF Value