Exemplar REITail (JSE:EXP) Preferred Stock: R0 Mil (As of Feb. 2026)


JSE:EXP Exemplar REITail Ltd JSE:EXP
73 GF Score
Price R18.00
GF Value R15.72
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Exemplar REITail Preferred Stock?

Exemplar REITail JSE:EXP 73 Preferred Stock is R0 Mil as of Feb. 2026. GuruFocus rates JSE:EXP with a GF Score™ of 73/100 and a GF Value™ of R15.72 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. Exemplar REITail's preferred stock for the quarter that ended in Feb. 2026 was R0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Exemplar REITail's Enterprise Value for the quarter that ended in Feb. 2026 was R9,371 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Exemplar REITail's Book Value per Share for the quarter that ended in Feb. 2026 was R19.28.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Exemplar REITail's Earnings per Share (Diluted) for the six months ended in Feb. 2026 was R2.91.


Exemplar REITail  (JSE:EXP) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Exemplar REITail's Enterprise Value for the quarter that ended in Feb. 2026 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Exemplar REITail's Book Value per Share for the quarter that ended in Feb. 2026 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Exemplar REITail's Earnings per Share (Diluted) (EPS) for the six months ended in Feb. 2026 is calculated as

* 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.


Exemplar REITail Preferred Stock Related Terms


Exemplar REITail Preferred Stock Historical Data

* Premium members only.

The historical data trend for Exemplar REITail's Preferred Stock 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.

Exemplar REITail Preferred Stock Chart

Exemplar REITail Annual Data
Trend Feb16 Feb17 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Preferred Stock
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Exemplar REITail Semi-Annual Data
Feb15 Feb16 Feb17 Aug17 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Preferred Stock 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 0.00 0.00 0.00 0.00 0.00
JSE:EXP
73GF Score
Exemplar REITail Ltd JSE:EXP
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
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Exemplar REITail Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of R0 Mil mean?
Exemplar REITail (JSE:EXP) has a Preferred Stock of R0 Mil as of Feb. 2026. Preferred Stock represents the par value of a company's preferred shares. View historical data on Exemplar REITail and its competitors.
Is Exemplar REITail's Preferred Stock too high?
Exemplar REITail's current Preferred Stock is R0 Mil. Overall, Exemplar REITail has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Exemplar REITail's Preferred Stock compare to SPG and O?
Exemplar REITail's Preferred Stock of R0 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for a REITs company?
A good Preferred Stock depends on the REITs industry context. However, Preferred Stock 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 Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Exemplar REITail and its competitors. Exemplar REITail's current Preferred Stock is R0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exemplar REITail stock overvalued right now?
Based on GuruFocus' analysis, Exemplar REITail (JSE:EXP) is currently considered Modestly Overvalued. The stock's GF Value™ is R15.72, compared to a current price of R18.00 — trading 14.5% above its estimated fair value. The current Preferred Stock is R0 Mil. Exemplar REITail's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Exemplar REITail (JSE:EXP), the current Preferred Stock is R0 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 Exemplar REITail (JSE:EXP) Overvalued in 2026?

Based on GuruFocus' analysis, Exemplar REITail stock appears to be overvalued. The current stock price of R18.00 is trading 14.5% above its estimated GF Value™ of R15.72. GuruFocus considers Exemplar REITail to be Modestly Overvalued.

Key valuation signals for JSE:EXP:

  • Preferred Stock: R0 Mil
  • GF Value™: R15.72 vs. price of R18.00 (14.5% above fair value)
  • GF Score™: 73/100 with 6 warning signs

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


Exemplar REITail Business Description

Industry Real EstateREITs
Address 204 Von Willich Avenue, Clubview, Centurion, Gauteng, ZAF, 0157
Exemplar REITail Ltd is a real estate investment trust which develops, owns and manages township and rural retail real estate. The company is the only fund in the country focused purely on retail in under-serviced areas that offers stakeholders investment opportunities. The company's retail segments based on geography consist of Gauteng, Mpumalanga, KwaZulu-Natal, Limpopo, Eastern and Western Cape.
73GF Score

Get the complete analysis for JSE:EXP

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

R18.00
Price
R15.72
GF Value