Afine Investments (JSE:ANI) Tax Expense: R0.00 Mil (TTM As of Feb. 2026)

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JSE:ANI Afine Investments Ltd JSE:ANI
55 GF Score
Price R4.50
GF Value R5.01
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Afine Investments Tax Expense?

Afine Investments JSE:ANI 55 Tax Expense is R0.00 Mil as of Feb. 2026. GuruFocus rates JSE:ANI with a GF Score™ of 55/100 and a GF Value™ of R5.01 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Afine Investments's tax expense for the months ended in Feb. 2026 was R0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Feb. 2026 was R0.00 Mil.


Afine Investments  (JSE:ANI) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Afine Investments Tax Expense Related Terms


Afine Investments Tax Expense Historical Data

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The historical data trend for Afine Investments's Tax Expense 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.

Afine Investments Tax Expense Chart

Afine Investments Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Tax Expense
-29.77 0.05 0.00 0.00 0.00

Afine Investments Semi-Annual Data
Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Tax Expense Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
JSE:ANI
55GF Score
Afine Investments Ltd JSE:ANI
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Afine Investments Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.00 Mil.

* 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 Expense →
What does a Tax Expense of R0.00 Mil mean?
Afine Investments (JSE:ANI) has a Tax Expense of R0.00 Mil as of Feb. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Afine Investments and its competitors.
Is Afine Investments' Tax Expense too high?
Afine Investments' current Tax Expense is R0.00 Mil. Overall, Afine Investments has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afine Investments' Tax Expense compare to EQIX and AMT?
Afine Investments' Tax Expense of R0.00 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 Tax Expense for a REITs company?
A good Tax Expense depends on the REITs industry context. However, Tax Expense 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 Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Afine Investments and its competitors. Afine Investments's current Tax Expense is R0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afine Investments stock overvalued right now?
Based on GuruFocus' analysis, Afine Investments (JSE:ANI) is currently considered Modestly Undervalued. The stock's GF Value™ is R5.01, compared to a current price of R4.50 — trading 10.2% below its estimated fair value. The current Tax Expense is R0.00 Mil. Afine Investments' overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Afine Investments (JSE:ANI), the current Tax Expense is R0.00 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 Afine Investments (JSE:ANI) Overvalued in 2026?

Based on GuruFocus' analysis, Afine Investments stock appears to be undervalued. The current stock price of R4.50 is trading 10.2% below its estimated GF Value™ of R5.01. GuruFocus considers Afine Investments to be Modestly Undervalued.

Key valuation signals for JSE:ANI:

  • Tax Expense: R0.00 Mil
  • GF Value™: R5.01 vs. price of R4.50 (10.2% below fair value)
  • GF Score™: 55/100 with 3 warning signs

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


Afine Investments Business Description

Industry Real EstateREITs
Address Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140
Afine Investments Ltd is a South African real estate investment company that owns a portfolio of income-generating commercial properties. Its holdings are concentrated in the petroleum sector, comprising petrol filling station sites and related convenience retail properties that are leased to fuel operators and tenants. The company earns revenue primarily through rental income from these long-term leases. Its properties are located across several South African provinces, including Gauteng, North-West, Mpumalanga, and the Western Cape, with the Gauteng and North-West region accounting for the largest share of rental revenue. Afine Investments operates as a specialist niche landlord rather than a diversified property fund, targeting service-station and forecourt assets. It is listed on the Johannesburg Stock Exchange under the ticker ANI.
55GF Score

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

R4.50
Price
R5.01
GF Value