Vukile Property Fund (NAM:VKN) Tax Expense: N$107 Mil (TTM As of Mar. 2026)


NAM:VKN Vukile Property Fund Ltd NAM:VKN
69 GF Score
Price N$24.78
GF Value N$21.66
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Vukile Property Fund Tax Expense?

Vukile Property Fund NAM:VKN 69 Tax Expense is N$107 Mil as of Mar. 2026. GuruFocus rates NAM:VKN with a GF Score™ of 69/100 and a GF Value™ of N$21.66 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Vukile Property Fund's tax expense for the months ended in Mar. 2026 was N$32 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was N$107 Mil.


Vukile Property Fund  (NAM:VKN) 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.


Vukile Property Fund Tax Expense Related Terms


Vukile Property Fund Tax Expense Historical Data

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The historical data trend for Vukile Property Fund'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.

Vukile Property Fund Tax Expense Chart

Vukile Property Fund Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.89 31.12 29.28 73.77 109.51

Vukile Property Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Tax Expense 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 26.70 23.99 50.66 74.53 31.98
NAM:VKN
69GF Score
Vukile Property Fund Ltd NAM:VKN
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Vukile Property Fund 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was N$107 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 N$107 Mil mean?
Vukile Property Fund (NAM:VKN) has a Tax Expense of N$107 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Vukile Property Fund and its competitors.
Is Vukile Property Fund's Tax Expense too high?
Vukile Property Fund's current Tax Expense is N$107 Mil. Overall, Vukile Property Fund has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vukile Property Fund's Tax Expense compare to SPG and O?
Vukile Property Fund's Tax Expense of N$107 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 Vukile Property Fund and its competitors. Vukile Property Fund's current Tax Expense is N$107 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vukile Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Vukile Property Fund (NAM:VKN) is currently considered Modestly Overvalued. The stock's GF Value™ is N$21.66, compared to a current price of N$24.78 — trading 14.4% above its estimated fair value. The current Tax Expense is N$107 Mil. Vukile Property Fund's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Vukile Property Fund (NAM:VKN), the current Tax Expense is N$107 Mil as of Mar. 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 Vukile Property Fund (NAM:VKN) Overvalued in 2026?

Based on GuruFocus' analysis, Vukile Property Fund stock appears to be overvalued. The current stock price of N$24.78 is trading 14.4% above its estimated GF Value™ of N$21.66. GuruFocus considers Vukile Property Fund to be Modestly Overvalued.

Key valuation signals for NAM:VKN:

  • Tax Expense: N$107 Mil
  • GF Value™: N$21.66 vs. price of N$24.78 (14.4% above fair value)
  • GF Score™: 69/100 with 6 warning signs

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


Vukile Property Fund Business Description

Industry Real EstateREITs
Other Exchanges VKE:South Africa
Address 11 Ninth Street, 4th Floor, Houghton Estate, Johannesburg, GT, ZAF, 2198
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue predominantly from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also its portfolio constituents. The majority of the company's tenants are large, listed national companies and franchises, with the remainder comprising government and midsize to large professional firms. The company's geographical segment includes South Africa and the Iberian Peninsula, which is further disaggregated into Spain and Portugal.
69GF Score

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

N$24.78
Price
N$21.66
GF Value