Delta Property Fund (JSE:DLT) OCF Margin %: 11.94% (As of Feb. 2026) — 21% Below Median


JSE:DLT Delta Property Fund Ltd JSE:DLT
28 GF Score
Price R0.50
GF Value R0.23
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Delta Property Fund OCF Margin %?

Delta Property Fund JSE:DLT 28 OCF Margin % is 11.94% as of Feb. 2026, which is 21% below its 10-year median of 15.03. GuruFocus rates JSE:DLT with a GF Score™ of 28/100 and a GF Value™ of R0.23 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 936 REITs companies, Delta Property Fund ranks worse than 77.67% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Delta Property Fund's Cash Flow from Operations for the six months ended in Feb. 2026 was R69 Mil. Delta Property Fund's Revenue for the six months ended in Feb. 2026 was R575 Mil. Therefore, Delta Property Fund's OCF Margin % for the quarter that ended in Feb. 2026 was 11.94%.

As of today, Delta Property Fund's current OCF Yield % is 42.82%.

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

JSE:DLT' s OCF Margin % Range Over the Past 10 Years
Min: -0.46   Med: 15.03   Max: 43.98
Current: 13.32


During the past 13 years, the highest OCF Margin % of Delta Property Fund was 43.98%. The lowest was -0.46%. And the median was 15.03%.

JSE:DLT's OCF Margin % is ranked worse than
77.67% of 936 companies
in the REITs industry
Industry Median: 49.535 vs JSE:DLT: 13.32


Delta Property Fund OCF Margin % Related Terms


Delta Property Fund OCF Margin % Historical Data

* Premium members only.

The historical data trend for Delta Property Fund's OCF 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.

Delta Property Fund OCF Margin % Chart

Delta Property Fund Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.34 12.25 9.65 8.34 13.32

Delta 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
OCF 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 6.94 7.52 9.20 14.71 11.94

JSE:DLT vs BXP, ARE, VNO: OCF Margin % Comparison

For the REIT - Office subindustry, Delta Property Fund's OCF Margin %, along with its competitors' market caps and OCF 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.


Delta Property Fund OCF Margin % vs REITs Industry

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

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


JSE:DLT
28GF Score
Delta Property Fund Ltd JSE:DLT
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Property Fund OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Delta Property Fund's OCF Margin for the fiscal year that ended in Feb. 2026 is calculated as

OCF Margin=Cash Flow from Operations (A: Feb. 2026 )/Revenue (A: Feb. 2026 )
=152.927/1147.913
=13.32 %

Delta Property Fund's OCF Margin for the quarter that ended in Feb. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=68.689/575.331
=11.94 %

* 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 OCF Margin % →
What does a OCF Margin % of 11.94% mean?
Delta Property Fund (JSE:DLT) has a OCF Margin % of 11.94% as of Feb. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Delta Property Fund and its competitors. This is 21% below median its historical median of 15.03. According to the industry distribution chart, Delta Property Fund ranks #727 out of 936 companies in the REITs industry, placing it in the top 77.7%.
Is Delta Property Fund's OCF Margin % too high?
Delta Property Fund's current OCF Margin % of 11.94% is 21% below median its 10-year median of 15.03. The REITs industry median OCF Margin % is 49.54. Delta Property Fund's value of 11.94% is 75.9% below this industry median. Based on the distribution chart, Delta Property Fund ranks #727 out of 936 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Delta Property Fund has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Property Fund's OCF Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Delta Property Fund ranks #727 out of 936 companies for OCF Margin %. This places Delta Property Fund in the lower half of its industry. The industry median OCF Margin % is 49.54. Delta Property Fund's value of 11.94% is 75.9% below this benchmark. While the company's 10-year median is 15.03 vs. the industry median of 49.54, Delta Property Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.54, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delta Property Fund's current OCF Margin % of 11.94% is 75.9% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Delta Property Fund and its competitors. For the REITs industry, the median OCF Margin % is 49.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Property Fund's current OCF Margin % is 11.94%, which is 21% below median its own 10-year median of 15.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Delta Property Fund (JSE:DLT) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.23, compared to a current price of R0.50 — trading 117.4% above its estimated fair value. The current OCF Margin % is 11.94%, which is 21% below median its 10-year median of 15.03 and 75.9% below the REITs industry median of 49.54. Delta Property Fund's overall GF Score™ is 28/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Delta Property Fund (JSE:DLT), the current OCF Margin % is 11.94% 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 Delta Property Fund (JSE:DLT) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Property Fund stock appears to be overvalued. The current stock price of R0.50 is trading 117.4% above its estimated GF Value™ of R0.23. GuruFocus considers Delta Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:DLT:

  • OCF Margin %: 11.94% (21% below median its 10-year median of 15.03)
  • GF Value™: R0.23 vs. price of R0.50 (117.4% above fair value)
  • GF Score™: 28/100 with 9 warning signs
  • Industry Position: 75.9% below the REITs median (#727 of 936)

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


Delta Property Fund Business Description

Industry Real EstateREITs
Address 10 Muswell Road South, Building 3, Silver Stream Office Park, Bryanston, Sandton, Johannesburg, GT, ZAF, 2021
Delta Property Fund Ltd engages in making long-term investments in rental-generating properties. The company comprises three segments, namely, Office-Sovereign, Office-Other, and Head Office. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets, single tenanted by the national government, provincial government, state-owned enterprises, and large blue-chip corporations under long leases.
28GF Score

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

R0.50
Price
R0.23
GF Value