Vukile Property Fund Limited (VKE.JO) stock analysis

In our weekly check, Vukile Property Fund Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 2, red flags: 8.

About Vukile Property Fund Limited

Vukile Property Fund Limited is a Real Estate company (REIT - Retail) based in South Africa, listed on JNB as VKE.JO.

What our checks show for VKE.JO

Red flags

• Operating profit does not cover the interest bill (0.2x): interest is paid from cash or new debt.
• Operating cash flow is only 0.43x net profit: part of the reported profit does not arrive as cash.
• Analysts expect revenue to shrink about 29.6% a year.
• The dividend takes 539% of profit: little cushion if profit falls.
• A small company (market value $23 million): usually riskier and followed by fewer analysts.
• The stock has fallen as much as 81% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 4.9 years.
• The share count grew by 24.7% in 2 years: each shareholder owns a smaller slice.

Warning signs

• Analysts expect earnings per share to shrink about 21.9% a year.
• Return on capital (ROCE) is only 6.3%.

Strengths

• The net margin rose by 39.3 points over 5 years, to 94.2%.
• The gross margin is 68% and has risen by 3.6 points: pricing power is holding.
• Analysts expect the net margin to improve by 34.5 points from today's 94.2%.
• Revenue grew 18.6% a year over the last 3 years.
• Earnings per share grew 30.9% a year over the last 3 years.
• Net profit grew 43.8% a year over the last 3 years.

Next earnings report: 2026-11-30

Similar companies

O · HYP.JO · SPG · SCG.AX · C38U.SI

Questions

What grade does Vukile Property Fund Limited (VKE.JO) have?

In our weekly check, Vukile Property Fund Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 2, red flags: 8. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of VKE.JO stock?

This week's biggest flags for Vukile Property Fund Limited: Weak interest cover, Profits not backed by cash, Weak revenue forecast. In total 10 of 25 checks show a warning or a red flag.

What does Vukile Property Fund Limited do?

Vukile Property Fund Limited is a Real Estate company (REIT - Retail) based in South Africa, listed on JNB as VKE.JO.

When does Vukile Property Fund Limited report earnings next?

The next earnings report is expected on 2026-11-30. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-11-07

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