Spear REIT (JSE:SEA) OCF Yield %: 1.41 (As of Jun. 30, 2026) — 36% Below Median


JSE:SEA Spear REIT Ltd JSE:SEA
63 GF Score
Price R13.20
GF Value R7.03
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Spear REIT OCF Yield %?

Spear REIT JSE:SEA -0.60% 63 OCF Yield % is 1.41 as of Jun. 30, 2026, which is 36% below its 10-year median of 2.20. GuruFocus rates JSE:SEA with a GF Score™ of 63/100 and a GF Value™ of R7.03 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 945 REITs companies, Spear REIT ranks worse than 80.85% 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, Spear REIT's Trailing 12-Month Cash Flow from Operations is R95.7 Mil, and Market Cap is R6,760.3 Mil. Therefore, Spear REIT's OCF Yield % for today is 1.41%.

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

JSE:SEA' s OCF Yield % Range Over the Past 10 Years
Min: 0.57   Med: 2.2   Max: 16.34
Current: 1.41


During the past 10 years, the highest OCF Yield % of Spear REIT was 16.34%. The lowest was 0.57%. And the median was 2.20%.

JSE:SEA's OCF Yield % is ranked worse than
80.85% of 945 companies
in the REITs industry
Industry Median: 7.24 vs JSE:SEA: 1.41

Spear REIT's OCF Margin % for the quarter that ended in Feb. 2026 was %.


Spear 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.


Spear REIT OCF Yield % Related Terms


Spear REIT OCF Yield % Historical Data

* Premium members only.

The historical data trend for Spear 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.

Spear REIT OCF Yield % Chart

Spear REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
OCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 2.59 1.65 2.37 1.76

Spear REIT Semi-Annual Data
Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 Premium Member Only Premium Member Only 1.28 -0.52 5.15 0.88 2.87

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

For the REIT - Diversified subindustry, Spear 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.


Spear REIT OCF Yield % vs REITs Industry

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

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


JSE:SEA
63GF Score
Spear REIT Ltd JSE:SEA
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spear 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.

Spear REIT's OCF Yield % for the fiscal year that ended in Feb. 2026 is calculated as

OCF Yield %=Cash Flow from Operations / Market Cap
=95.749 / 5429.81688
=1.76%

Spear REIT's annualized OCF Yield % for the quarter that ended in Feb. 2026 is calculated as

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=77.854 * 2 / 5429.81688
=2.87%

* 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 1.41 mean?
Spear REIT (JSE:SEA) has a OCF Yield % of 1.41 as of Jun. 30, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Spear REIT and its competitors. This is 36% below median its historical median of 2.20. Over the past decade, Spear REIT's OCF Yield % has ranged from 0.57 to 16.34. According to the industry distribution chart, Spear REIT ranks #764 out of 945 companies in the REITs industry, placing it in the top 80.8%.
Is Spear REIT's OCF Yield % too high?
Spear REIT's current OCF Yield % of 1.41 is 36% below median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 16.34. The REITs industry median OCF Yield % is 7.24. Spear REIT's value of 1.41 is 80.5% below this industry median. Based on the distribution chart, Spear REIT ranks #764 out of 945 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Spear REIT has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spear REIT's OCF Yield % compare to VICI and WPC?
According to the REITs industry distribution chart, Spear REIT ranks #764 out of 945 companies for OCF Yield %. This places Spear REIT in the lower half of its industry. The industry median OCF Yield % is 7.24. Spear REIT's value of 1.41 is 80.5% below this benchmark. Historically, Spear REIT's own OCF Yield % has ranged from 0.57 to 16.34 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 7.24, Spear REIT 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 Yield % for a REITs company?
The median OCF Yield % among REITs companies is 7.24, based on 945 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. Spear REIT's current OCF Yield % of 1.41 is 80.5% 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 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 Spear REIT and its competitors. For the REITs industry, the median OCF Yield % is 7.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spear REIT's current OCF Yield % is 1.41, which is 36% below median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spear REIT stock overvalued right now?
Based on GuruFocus' analysis, Spear REIT (JSE:SEA) is currently considered Significantly Overvalued. The stock's GF Value™ is R7.03, compared to a current price of R13.20 — trading 87.8% above its estimated fair value. The current OCF Yield % is 1.41, which is 36% below median its 10-year median of 2.20 and 80.5% below the REITs industry median of 7.24. Spear REIT's overall GF Score™ is 63/100 with 11 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 Spear REIT (JSE:SEA), the current OCF Yield % is 1.41 as of Jun. 30, 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 Spear REIT (JSE:SEA) Overvalued in 2026?

Based on GuruFocus' analysis, Spear REIT stock appears to be overvalued. The current stock price of R13.20 is trading 87.8% above its estimated GF Value™ of R7.03. GuruFocus considers Spear REIT to be Significantly Overvalued.

Key valuation signals for JSE:SEA:

  • OCF Yield %: 1.41 (36% below median its 10-year median of 2.20)
  • GF Value™: R7.03 vs. price of R13.20 (87.8% above fair value)
  • GF Score™: 63/100 with 11 warning signs
  • Industry Position: 80.5% below the REITs median (#764 of 945)

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


Spear REIT Business Description

Industry Real EstateREITs
Address 2 Long Street, PO Box 50, 16th Floor, Observatory, 7935, Cape Town, ZAF, 8001
Spear REIT Ltd is a real estate investment trust. The company has five segments Industrial, Commercial, Retail, Development, and Non-property. The company generates majority of revenue from Industrial segment. The industrial portfolio comprises a diverse range of multi-let industrial properties, warehouses, logistics parks, and urban logistics facilities. The company has presence in Cape.
63GF Score

Get the complete analysis for JSE:SEA

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

R13.20
Price
R7.03
GF Value