Afrimat (JSE:AFT) Property, Plant and Equipment: R5,310 Mil (As of Feb. 2026)


JSE:AFT Afrimat Ltd JSE:AFT
71 GF Score
Price R28.04
GF Value R97.09
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Afrimat Property, Plant and Equipment?

Afrimat JSE:AFT +1.96% 71 Property, Plant and Equipment is R5,310 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.

Afrimat's quarterly net PPE declined from Feb. 2025 (R5,665 Mil) to Aug. 2025 (R5,569 Mil) and declined from Aug. 2025 (R5,569 Mil) to Feb. 2026 (R5,310 Mil).

Afrimat's annual net PPE increased from Feb. 2024 (R3,898 Mil) to Feb. 2025 (R5,665 Mil) but then declined from Feb. 2025 (R5,665 Mil) to Feb. 2026 (R5,310 Mil).


Afrimat  (JSE:AFT) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Afrimat Property, Plant and Equipment Related Terms


Afrimat Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for Afrimat's Property, Plant and Equipment 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.

Afrimat Property, Plant and Equipment Chart

Afrimat Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,696.45 3,337.33 3,898.04 5,665.17 5,310.09

Afrimat Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Property, Plant and Equipment 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 3,898.04 5,893.88 5,665.17 5,568.78 5,310.09
JSE:AFT
71GF Score
Afrimat Ltd JSE:AFT
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Afrimat Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of R5,310 Mil mean?
Afrimat (JSE:AFT) has a Property, Plant and Equipment of R5,310 Mil as of Feb. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Afrimat and its competitors.
Is Afrimat's Property, Plant and Equipment too high?
Afrimat's current Property, Plant and Equipment is R5,310 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 Property, Plant and Equipment compare to CRH and VMC?
Afrimat's Property, Plant and Equipment of R5,310 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 Property, Plant and Equipment for a Building Materials company?
A good Property, Plant and Equipment depends on the Building Materials industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Afrimat and its competitors. Afrimat's current Property, Plant and Equipment is R5,310 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 Property, Plant and Equipment is R5,310 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 Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Afrimat (JSE:AFT), the current Property, Plant and Equipment is R5,310 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:

  • Property, Plant and Equipment: R5,310 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

Address Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530
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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Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R28.04
Price
R97.09
GF Value