Afrimat (JSE:AFT) Tax Rate %: 162.32% (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:AFT Afrimat Ltd JSE:AFT
71 GF Score
Price R28.00
GF Value R98.73
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Afrimat Tax Rate %?

Afrimat JSE:AFT -0.88% 71 Tax Rate % is 162.32% as of Feb. 2026. GuruFocus rates JSE:AFT with a GF Score™ of 71/100 and a GF Value™ of R98.73 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Afrimat's Tax Expense for the six months ended in Feb. 2026 was R43 Mil. Afrimat's Pre-Tax Income for the six months ended in Feb. 2026 was R26 Mil. Therefore, Afrimat's Tax Rate % for the quarter that ended in Feb. 2026 was 162.32%.

Afrimat Tax Rate % Related Terms

Afrimat Tax Rate % Historical Data

* Premium members only.

The historical data trend for Afrimat's Tax Rate % 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.

Afrimat Tax Rate % Chart

Afrimat Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.30 28.82 29.16 62.42 46.27

Afrimat Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Tax Rate % 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 30.99 55.89 79.86 34.79 162.32
JSE:AFT
71GF Score
Afrimat Ltd JSE:AFT
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afrimat Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Afrimat's Tax Rate % for the fiscal year that ended in Feb. 2026 is calculated as

Tax Rate %=Tax Expense (A: Feb. 2026 )/Pre-Tax Income (A: Feb. 2026 )
=135.247/292.318
=46.27 %

Afrimat's Tax Rate % for the quarter that ended in Feb. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Feb. 2026 )/Pre-Tax Income (Q: Feb. 2026 )
=42.701/26.307
=162.32 %

* 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 Tax Rate % →
What does a Tax Rate % of 162.32% mean?
Afrimat (JSE:AFT) has a Tax Rate % of 162.32% as of Feb. 2026.
Is Afrimat's Tax Rate % too high?
Afrimat's current Tax Rate % is 162.32%. Overall, Afrimat has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afrimat's Tax Rate % compare to CRH and VMC?
Afrimat's Tax Rate % of 162.32% can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Building Materials company?
A good Tax Rate % depends on the Building Materials industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Afrimat's current Tax Rate % is 162.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrimat stock overvalued right now?
Based on GuruFocus' analysis, Afrimat (JSE:AFT) is currently considered Significantly Undervalued. The stock's GF Value™ is R98.73, compared to a current price of R28.00 — trading 71.6% below its estimated fair value. The current Tax Rate % is 162.32%. Afrimat's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Afrimat (JSE:AFT), the current Tax Rate % is 162.32% 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 Afrimat (JSE:AFT) Overvalued in 2026?

Based on GuruFocus' analysis, Afrimat stock appears to be undervalued. The current stock price of R28.00 is trading 71.6% below its estimated GF Value™ of R98.73. GuruFocus considers Afrimat to be Significantly Undervalued.

Key valuation signals for JSE:AFT:

  • Tax Rate %: 162.32%
  • GF Value™: R98.73 vs. price of R28.00 (71.6% below fair value)
  • GF Score™: 71/100 with 6 warning signs

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

Afrimat Business Description

Address Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530
Afrimat Ltd is a South Africa-based company. It has five segment Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The company generates majority of revenue from Construction Materials comprises two distinct product segments: Aggregates and Cement. Aggregates include the sale of sand, gravel, crushed stone, and concrete-based products. Concrete-based products are produced using rock, sand, water, cement, and readymix concrete are typically used in various construction applications. The segment also includes the processing and sale of fly-ash, a by-product used to enhance concrete performance. Cement consists of the manufacturing and supply of cement. The Group views the entire southern African region as a single geographical area.
71GF Score

Get the complete analysis for JSE:AFT

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

R28.00
Price
R98.73
GF Value