Emira Property Fund (JSE:EMI) 5-Year Yield-on-Cost %: 9.40 (As of Aug. 07, 2026) — Near Median

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:EMI Emira Property Fund Ltd JSE:EMI
60 GF Score
Price R13.34
GF Value R8.62
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Emira Property Fund 5-Year Yield-on-Cost %?

Emira Property Fund JSE:EMI -0.30% 60 5-Year Yield-on-Cost % is 9.40 as of Aug. 07, 2026, which is 5% below its 10-year median of 9.92. GuruFocus rates JSE:EMI with a GF Score™ of 60/100 and a GF Value™ of R8.62 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 859 REITs companies, Emira Property Fund ranks better than 64.61% on this metric.

Emira Property Fund's yield on cost for the quarter that ended in Mar. 2026 was 9.40.


The historical rank and industry rank for Emira Property Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

JSE:EMI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.9   Med: 9.92   Max: 26.58
Current: 9.4


During the past 13 years, Emira Property Fund's highest Yield on Cost was 26.58. The lowest was 6.90. And the median was 9.92.


JSE:EMI's 5-Year Yield-on-Cost % is ranked better than
64.61% of 859 companies
in the REITs industry
Industry Median: 7.33 vs JSE:EMI: 9.40

Emira Property Fund  (JSE:EMI) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Emira Property Fund 5-Year Yield-on-Cost % Related Terms


JSE:EMI vs VICI, WPC: 5-Year Yield-on-Cost % Comparison

For the REIT - Diversified subindustry, Emira Property Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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.


Emira Property Fund 5-Year Yield-on-Cost % vs REITs Industry

For the REITs industry and Real Estate sector, Emira Property Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Emira Property Fund's 5-Year Yield-on-Cost % falls into.


JSE:EMI
60GF Score
Emira Property Fund Ltd JSE:EMI
5-Year Yield-on-Cost % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emira Property Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Emira Property Fund is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5
Frequently Asked Questions Learn more about 5-Year Yield-on-Cost % →
What does a 5-Year Yield-on-Cost % of 9.40 mean?
Emira Property Fund (JSE:EMI) has a 5-Year Yield-on-Cost % of 9.40 as of Aug. 07, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Emira Property Fund and its competitors. This is near median its historical median of 9.92. Over the past decade, Emira Property Fund's 5-Year Yield-on-Cost % has ranged from 6.90 to 26.58. According to the industry distribution chart, Emira Property Fund ranks #304 out of 859 companies in the REITs industry, placing it in the top 35.4%.
Is Emira Property Fund's 5-Year Yield-on-Cost % too high?
Emira Property Fund's current 5-Year Yield-on-Cost % of 9.40 is near median its 10-year median of 9.92. Over the past 10 years, this metric has ranged from a low of 6.90 to a high of 26.58. The REITs industry median 5-Year Yield-on-Cost % is 7.33. Emira Property Fund's value of 9.40 is 28.2% above this industry median. Based on the distribution chart, Emira Property Fund ranks #304 out of 859 companies in the REITs industry, which is above the industry midpoint. Overall, Emira Property Fund has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emira Property Fund's 5-Year Yield-on-Cost % compare to VICI and WPC?
According to the REITs industry distribution chart, Emira Property Fund ranks #304 out of 859 companies for 5-Year Yield-on-Cost %. This puts Emira Property Fund in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 7.33. Emira Property Fund's value of 9.40 is 28.2% above this benchmark. Historically, Emira Property Fund's own 5-Year Yield-on-Cost % has ranged from 6.90 to 26.58 over the past decade. While the company's 10-year median is 9.92 vs. the industry median of 7.33, Emira Property Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.33, based on 859 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emira Property Fund's current 5-Year Yield-on-Cost % of 9.40 is 28.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Emira Property Fund and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emira Property Fund's current 5-Year Yield-on-Cost % is 9.40, which is near median its own 10-year median of 9.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emira Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Emira Property Fund (JSE:EMI) is currently considered Significantly Overvalued. The stock's GF Value™ is R8.62, compared to a current price of R13.34 — trading 54.8% above its estimated fair value. The current 5-Year Yield-on-Cost % is 9.40, which is near median its 10-year median of 9.92 and 28.2% above the REITs industry median of 7.33. Emira Property Fund's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Emira Property Fund (JSE:EMI), the current 5-Year Yield-on-Cost % is 9.40 as of Aug. 07, 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 Emira Property Fund (JSE:EMI) Overvalued in 2026?

Based on GuruFocus' analysis, Emira Property Fund stock appears to be overvalued. The current stock price of R13.34 is trading 54.8% above its estimated GF Value™ of R8.62. GuruFocus considers Emira Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:EMI:

  • 5-Year Yield-on-Cost %: 9.40 (near median its 10-year median of 9.92)
  • GF Value™: R8.62 vs. price of R13.34 (54.8% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 28.2% above the REITs median (#304 of 859)

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


Emira Property Fund Business Description

Industry Real EstateREITs
Address 33 Sloane Street, 1st Floor, Block A, Knightsbridge Office Park, Bryanston, Johannesburg, GT, ZAF, 2191
Emira Property Fund Ltd is a South African real estate investment trust. The company's portfolio consists of office, retail, residential, and industrial properties. The majority of the properties are in Gauteng, with the others in the Western Cape and KwaZulu-Natal. The company operates through five segments, namely: Office; Retail; Industrial; Residential; and Corporate. The office segment comprises commercial properties. The retail segment includes shopping centers. The industrial segment consists of industrial properties. The residential segment comprises directly held residential property, and the corporate segment comprises the South African administration activities of the Group.
60GF Score

Get the complete analysis for JSE:EMI

5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R13.34
Price
R8.62
GF Value