Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Delta Property Fund's Revenue for the
six
months ended in Feb. 2026 was R575 Mil. Delta Property Fund's Total Assets for the quarter that ended in Feb. 2026 was R6,499 Mil. Therefore, Delta Property Fund's Asset Turnover for the quarter that ended in Feb. 2026 was 0.09.
Asset Turnover is linked to ROE % through Du Pont Formula. Delta Property Fund's annualizedROE % for the quarter that ended in Feb. 2026 was 6.09%. It is also linked to ROA % through Du Pont Formula. Delta Property Fund's annualizedROA % for the quarter that ended in Feb. 2026 was 2.35%.
Delta Property Fund (JSE:DLT) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Delta Property Fund's annulizedROE % for the quarter that ended in Feb. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) revenue data.
* 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.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Delta Property Fund's annulizedROA % for the quarter that ended in Feb. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) revenue data.
* 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.
Be Aware
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.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Delta Property Fund Asset Turnover Related Terms
Delta Property Fund Asset Turnover Historical Data
* Premium members only.
The historical data trend for Delta Property Fund's Asset Turnover 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.
JSE:DLT vs BXP, ARE, VNO: Asset Turnover Comparison
For the REIT - Office subindustry, Delta Property Fund's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.
Delta Property Fund Asset Turnover vs REITs Industry
For the REITs industry and Real Estate sector, Delta Property Fund's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Delta Property Fund's Asset Turnover falls into.
* 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.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Delta Property Fund (JSE:DLT) has a Asset Turnover of 0.09 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Delta Property Fund and its competitors.
Is Delta Property Fund's Asset Turnover too high?
Delta Property Fund's current Asset Turnover is 0.09. Overall, Delta Property Fund has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Property Fund's Asset Turnover compare to BXP and ARE?
Delta Property Fund's Asset Turnover of 0.09 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 Asset Turnover for a REITs company?
A good Asset Turnover depends on the REITs industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Delta Property Fund and its competitors. Delta Property Fund's current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Delta Property Fund (JSE:DLT) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.23, compared to a current price of R0.45 — trading 95.7% above its estimated fair value. The current Asset Turnover is 0.09. Delta Property Fund's overall GF Score™ is 28/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Delta Property Fund (JSE:DLT), the current Asset Turnover is 0.09 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 Delta Property Fund (JSE:DLT) Overvalued in 2026?
Based on GuruFocus' analysis, Delta Property Fund stock appears to be overvalued.
The current stock price of R0.45 is trading 95.7% above its estimated GF Value™ of R0.23.
GuruFocus considers Delta Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:DLT:
Asset Turnover: 0.09
GF Value™: R0.23 vs. price of R0.45 (95.7% above fair value)
No single metric tells the full story. See the JSE:DLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delta Property Fund Ltd engages in making long-term investments in rental-generating properties. The company comprises three segments, namely, Office-Sovereign, Office-Other, and Head Office. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets, single tenanted by the national government, provincial government, state-owned enterprises, and large blue-chip corporations under long leases.
28GF Score
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