Spear REIT (JSE:SEA) Total Assets: R7,584.1 Mil (As of Feb. 2026)


JSE:SEA Spear REIT Ltd JSE:SEA
63 GF Score
Price R12.98
GF Value R6.98
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Spear REIT Total Assets?

Spear REIT JSE:SEA -1.96% 63 Total Assets is R7,584.1 Mil as of Feb. 2026. GuruFocus rates JSE:SEA with a GF Score™ of 63/100 and a GF Value™ of R6.98 (Significantly Overvalued). The stock has 12 warning signs investors should review.

Spear REIT's Total Assets for the quarter that ended in Feb. 2026 was R7,584.1 Mil.

During the past 12 months, Spear REIT's average Total Assets Growth Rate was 29.50% per year. During the past 3 years, the average Total Assets Growth Rate was 19.30% per year. During the past 5 years, the average Total Assets Growth Rate was 9.00% per year.

During the past 10 years, Spear REIT's highest 3-Year average Total Assets Growth Rate was 42.40%. The lowest was -0.30%. And the median was 7.20%.

Total Assets is connected with ROA %. Spear REIT's annualized ROA % for the quarter that ended in Feb. 2026 was 15.31%. Total Assets is also linked to Revenue through Asset Turnover. Spear REIT's Asset Turnover for the quarter that ended in Feb. 2026 was 0.06.


Spear REIT  (JSE:SEA) Total Assets Explanation

Total Assets is connected with ROA %.

Spear REIT's annualized ROA % for the quarter that ended in Feb. 2026 is

ROA %=Net Income (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=1080.03/( (6523.185+7584.072)/ 2 )
=1080.03/7053.6285
=15.31 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Spear REIT's Asset Turnover for the quarter that ended in Feb. 2026 is

Asset Turnover
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=457.032/( (6523.185+7584.072)/ 2 )
=457.032/7053.6285
=0.06

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Spear REIT Total Assets Related Terms


Spear REIT Total Assets Historical Data

* Premium members only.

The historical data trend for Spear REIT's Total Assets 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.

Spear REIT Total Assets Chart

Spear REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,530.47 4,256.71 4,673.42 5,640.94 7,584.07

Spear REIT Semi-Annual Data
Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Total Assets 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 4,673.42 4,275.25 5,640.94 6,523.19 7,584.07
JSE:SEA
63GF Score
Spear REIT Ltd JSE:SEA
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Spear REIT Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Spear REIT's Total Assets for the fiscal year that ended in Feb. 2026 is calculated as

Total Assets=Total Equity (A: Feb. 2026 )+Total Liabilities (A: Feb. 2026 )
=5389.596+2194.476
=7,584.1

Spear REIT's Total Assets for the quarter that ended in Feb. 2026 is calculated as

Total Assets=Total Equity (Q: Feb. 2026 )+Total Liabilities (Q: Feb. 2026 )
=5389.596+2194.476
=7,584.1

* 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 Total Assets →
What does a Total Assets of R7,584.1 Mil mean?
Spear REIT (JSE:SEA) has a Total Assets of R7,584.1 Mil as of Feb. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Spear REIT and its competitors.
Is Spear REIT's Total Assets too high?
Spear REIT's current Total Assets is R7,584.1 Mil. Overall, Spear REIT has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spear REIT's Total Assets compare to VICI and WPC?
Spear REIT's Total Assets of R7,584.1 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 Total Assets for a REITs company?
A good Total Assets depends on the REITs industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Spear REIT and its competitors. Spear REIT's current Total Assets is R7,584.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spear REIT stock overvalued right now?
Based on GuruFocus' analysis, Spear REIT (JSE:SEA) is currently considered Significantly Overvalued. The stock's GF Value™ is R6.98, compared to a current price of R12.98 — trading 86% above its estimated fair value. The current Total Assets is R7,584.1 Mil. Spear REIT's overall GF Score™ is 63/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Spear REIT (JSE:SEA), the current Total Assets is R7,584.1 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 Spear REIT (JSE:SEA) Overvalued in 2026?

Based on GuruFocus' analysis, Spear REIT stock appears to be overvalued. The current stock price of R12.98 is trading 86% above its estimated GF Value™ of R6.98. GuruFocus considers Spear REIT to be Significantly Overvalued.

Key valuation signals for JSE:SEA:

  • Total Assets: R7,584.1 Mil
  • GF Value™: R6.98 vs. price of R12.98 (86% above fair value)
  • GF Score™: 63/100 with 12 warning signs

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


Spear REIT Business Description

Industry Real EstateREITs
Address 2 Long Street, PO Box 50, 16th Floor, Observatory, 7935, Cape Town, ZAF, 8001
Spear REIT Ltd is a real estate investment trust. The company has five segments Industrial, Commercial, Retail, Development, and Non-property. The company generates majority of revenue from Industrial segment. The industrial portfolio comprises a diverse range of multi-let industrial properties, warehouses, logistics parks, and urban logistics facilities. The company has presence in Cape.
63GF Score

Get the complete analysis for JSE:SEA

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

R12.98
Price
R6.98
GF Value