Heriot REIT (JSE:HET) OCF Yield %: 8.89 (As of Jul. 21, 2026) — Near Median

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JSE:HET Heriot REIT Ltd JSE:HET
69 GF Score
Price R26.00
GF Value R23.54
Valuation Fairly Valued
! 13 Warning Signs
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What is Heriot REIT OCF Yield %?

Heriot REIT JSE:HET 69 OCF Yield % is 8.89 as of Jul. 21, 2026, which is 5% above its 10-year median of 8.46. GuruFocus rates JSE:HET with a GF Score™ of 69/100 and a GF Value™ of R23.54 (Fairly Valued). The stock has 13 warning signs investors should review. Among 942 REITs companies, Heriot REIT ranks better than 62.85% on this metric.

OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

As of today, Heriot REIT's Trailing 12-Month Cash Flow from Operations is R751 Mil, and Market Cap is R8,447 Mil. Therefore, Heriot REIT's OCF Yield % for today is 8.89%.

The historical rank and industry rank for Heriot REIT's OCF Yield % or its related term are showing as below:

JSE:HET' s OCF Yield % Range Over the Past 10 Years
Min: 5.49   Med: 8.46   Max: 9.6
Current: 8.89


During the past 8 years, the highest OCF Yield % of Heriot REIT was 9.60%. The lowest was 5.49%. And the median was 8.46%.

JSE:HET's OCF Yield % is ranked better than
62.85% of 942 companies
in the REITs industry
Industry Median: 7.21 vs JSE:HET: 8.89

Heriot REIT's OCF Margin % for the quarter that ended in Dec. 2025 was %.


Heriot REIT OCF Yield % Explanation

Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Heriot REIT OCF Yield % Related Terms


Heriot REIT OCF Yield % Historical Data

* Premium members only.

The historical data trend for Heriot REIT's OCF Yield % 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.

Heriot REIT OCF Yield % Chart

Heriot REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
OCF Yield %
Get a 7-Day Free Trial 8.61 8.46 8.97 7.69 9.51

Heriot REIT Semi-Annual Data
Nov17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
OCF Yield % 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 7.54 9.94 8.83 10.20 14.27

JSE:HET vs VICI, WPC: OCF Yield % Comparison

For the REIT - Diversified subindustry, Heriot REIT's OCF Yield %, along with its competitors' market caps and OCF Yield % 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.


Heriot REIT OCF Yield % vs REITs Industry

For the REITs industry and Real Estate sector, Heriot REIT's OCF Yield % distribution charts can be found below:

* The bar in red indicates where Heriot REIT's OCF Yield % falls into.


JSE:HET
69GF Score
Heriot REIT Ltd JSE:HET
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heriot REIT OCF Yield % Calculation

OCF Yield % is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

Heriot REIT's OCF Yield % for the fiscal year that ended in Jun. 2025 is calculated as

OCF Yield %=Cash Flow from Operations / Market Cap
=455.459 / 4788.93
=9.51%

Heriot REIT's annualized OCF Yield % for the quarter that ended in Dec. 2025 is calculated as

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=506.805 * 2 / 7103.5795
=14.27%

* 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 Yield % →
What does a OCF Yield % of 8.89 mean?
Heriot REIT (JSE:HET) has a OCF Yield % of 8.89 as of Jul. 21, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Heriot REIT and its competitors. This is near median its historical median of 8.46. Over the past decade, Heriot REIT's OCF Yield % has ranged from 5.49 to 9.60. According to the industry distribution chart, Heriot REIT ranks #350 out of 942 companies in the REITs industry, placing it in the top 37.2%.
Is Heriot REIT's OCF Yield % too high?
Heriot REIT's current OCF Yield % of 8.89 is near median its 10-year median of 8.46. Over the past 10 years, this metric has ranged from a low of 5.49 to a high of 9.60. The REITs industry median OCF Yield % is 7.21. Heriot REIT's value of 8.89 is 23.3% above this industry median. Based on the distribution chart, Heriot REIT ranks #350 out of 942 companies in the REITs industry, which is above the industry midpoint. Overall, Heriot REIT has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heriot REIT's OCF Yield % compare to VICI and WPC?
According to the REITs industry distribution chart, Heriot REIT ranks #350 out of 942 companies for OCF Yield %. This puts Heriot REIT in the upper half of its industry. The industry median OCF Yield % is 7.21. Heriot REIT's value of 8.89 is 23.3% above this benchmark. Historically, Heriot REIT's own OCF Yield % has ranged from 5.49 to 9.60 over the past decade. While the company's 10-year median is 8.46 vs. the industry median of 7.21, Heriot REIT has consistently been above 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 Yield % for a REITs company?
The median OCF Yield % among REITs companies is 7.21, based on 942 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heriot REIT's current OCF Yield % of 8.89 is 23.3% above 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 Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Heriot REIT and its competitors. For the REITs industry, the median OCF Yield % is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heriot REIT's current OCF Yield % is 8.89, which is near median its own 10-year median of 8.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heriot REIT stock overvalued right now?
Based on GuruFocus' analysis, Heriot REIT (JSE:HET) is currently considered Fairly Valued. The stock's GF Value™ is R23.54, compared to a current price of R26.00 — trading 10.5% above its estimated fair value. The current OCF Yield % is 8.89, which is near median its 10-year median of 8.46 and 23.3% above the REITs industry median of 7.21. Heriot REIT's overall GF Score™ is 69/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Heriot REIT (JSE:HET), the current OCF Yield % is 8.89 as of Jul. 21, 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 Heriot REIT (JSE:HET) Overvalued in 2026?

Based on GuruFocus' analysis, Heriot REIT stock appears to be overvalued. The current stock price of R26.00 is trading 10.5% above its estimated GF Value™ of R23.54. GuruFocus considers Heriot REIT to be Fairly Valued.

Key valuation signals for JSE:HET:

  • OCF Yield %: 8.89 (near median its 10-year median of 8.46)
  • GF Value™: R23.54 vs. price of R26.00 (10.5% above fair value)
  • GF Score™: 69/100 with 13 warning signs
  • Industry Position: 23.3% above the REITs median (#350 of 942)

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


Heriot REIT Business Description

Industry Real EstateREITs
Address 3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196
Heriot REIT Ltd is a South African real estate investment trust. The company's primary segments include retail, industrial, office, specialized, residential, and others. While the majority of the revenue is earned from the Retail segment. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams. Geographically, the company operates in Gauteng, Western Cape, KwaZulu-Natal, North West, Mpumalanga, Limpopo, Free State, and Namibia.
69GF Score

Get the complete analysis for JSE:HET

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

R26.00
Price
R23.54
GF Value