Exemplar REITail (JSE:EXP) Financial Strength: 3 (As of Feb. 2026) — 25% Below Median

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JSE:EXP Exemplar REITail Ltd JSE:EXP
75 GF Score
Price R18.00
GF Value R15.90
! 4 Warning Signs
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What is Exemplar REITail Financial Strength?

Exemplar REITail JSE:EXP 75 Financial Strength is 3 as of Feb. 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates JSE:EXP with a GF Score™ of 75/100 and a GF Value™ of R15.90. The stock has 4 warning signs investors should review.

Exemplar REITail has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Exemplar REITail Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Exemplar REITail's Interest Coverage for the quarter that ended in Feb. 2026 was 2.48. Exemplar REITail's debt to revenue ratio for the quarter that ended in Feb. 2026 was 2.78. As of today, Exemplar REITail's Altman Z-Score is 1.73.


Exemplar REITail  (JSE:EXP) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Exemplar REITail has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Exemplar REITail Financial Strength Related Terms


JSE:EXP vs SPG, O, KIM: Financial Strength Comparison

For the REIT - Retail subindustry, Exemplar REITail's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Exemplar REITail Financial Strength vs REITs Industry

For the REITs industry and Real Estate sector, Exemplar REITail's Financial Strength distribution charts can be found below:

* The bar in red indicates where Exemplar REITail's Financial Strength falls into.


JSE:EXP
75GF Score
Exemplar REITail Ltd JSE:EXP
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Exemplar REITail Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Exemplar REITail's Interest Expense for the months ended in Feb. 2026 was R-180 Mil. Its Operating Income for the months ended in Feb. 2026 was R448 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was R3,964 Mil.

Exemplar REITail's Interest Coverage for the quarter that ended in Feb. 2026 is

Interest Coverage=-1*Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*448.34/-180.436
=2.48

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Exemplar REITail Ltd interest coverage is 2.42, which is low.

2. Debt to revenue ratio. The lower, the better.

Exemplar REITail's Debt to Revenue Ratio for the quarter that ended in Feb. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Feb. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(364.223 + 3963.961) / 1558.628
=2.78

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Exemplar REITail has a Z-score of 1.73, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.73 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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 Financial Strength →
What does a Financial Strength of 3 mean?
Exemplar REITail (JSE:EXP) has a Financial Strength of 3 as of Feb. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Exemplar REITail and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Exemplar REITail's Financial Strength has ranged from 2.00 to 7.00.
Is Exemplar REITail's Financial Strength too high?
Exemplar REITail's current Financial Strength of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. Overall, Exemplar REITail has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Exemplar REITail's Financial Strength compare to SPG and O?
Exemplar REITail's Financial Strength of 3 can be compared against companies in the REITs industry. Historically, Exemplar REITail's own Financial Strength has ranged from 2.00 to 7.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a REITs company?
A good Financial Strength depends on the REITs industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Exemplar REITail and its competitors. Exemplar REITail's current Financial Strength is 3, which is 25% below median its own 10-year median of 4.00. 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?
Exemplar REITail (JSE:EXP) has a current Financial Strength of 3. The stock's GF Value™ is R15.90, compared to a current price of R18.00 — trading 13.2% above its estimated fair value. The current Financial Strength is 3, which is 25% below median its 10-year median of 4.00. Exemplar REITail's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Exemplar REITail (JSE:EXP), the current Financial Strength is 3 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 13.2% above its estimated GF Value™ of R15.90.

Key valuation signals for JSE:EXP:

  • Financial Strength: 3 (25% below median its 10-year median of 4.00)
  • GF Value™: R15.90 vs. price of R18.00 (13.2% above fair value)
  • GF Score™: 75/100 with 4 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.
75GF Score

Get the complete analysis for JSE:EXP

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

R18.00
Price
R15.90
GF Value