XJSE
EMI
Market cap333mUSD
Jun 09, Last price
1,129.00ZAR
1D
0.44%
1Q
3.77%
Jan 2017
-99.21%
IPO
20.75%
Name
Emira Property Fund
Chart & Performance
Profile
Emira is a diversified real estate investment trust (REIT) company, with a property portfolio of predominantly South African assets, and a growing component of offshore assets. The Company listed on the JSE in November 2003, in the real estate investment trusts sector. In line with its strategic objectives, Emira's property portfolio spans multiple sectors, namely office, retail and industrial, with a new element of residential. The Company is focused on growing the quality and value of its property portfolio, in order to sustain and enhance its distribution growth to shareholders. This is achieved via selective acquisitions and disposals, as well as refurbishments, upgrades and the redevelopment of specific properties. To this end, all investment decisions are reinforced by Emira's stringent investment criteria to enhance yields and improve the performance of the portfolio.
Valuation
Title ZAR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑03 | 2023‑03 | 2022‑06 | 2021‑06 | 2020‑06 | 2019‑06 | 2018‑06 | 2017‑06 | 2016‑06 | 2015‑06 | |
Income | ||||||||||
Revenues | 1,854,801 7.34% | 1,727,921 18.60% | 1,456,949 -1.31% | |||||||
Cost of revenue | 1,004,303 | 921,859 | 783,787 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 850,498 | 806,062 | 673,162 | |||||||
NOPBT Margin | 45.85% | 46.65% | 46.20% | |||||||
Operating Taxes | 4 | (2,679) | 1,730 | |||||||
Tax Rate | 0.00% | 0.26% | ||||||||
NOPAT | 850,494 | 808,740 | 671,432 | |||||||
Net income | 517,236 -53.01% | 1,100,744 13.64% | 968,583 107.28% | |||||||
Dividends | (473,088) | (651,924) | (604,040) | |||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | (41,696) | (18,644) | (29,704) | |||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 1,908,913 | 2,409,906 | 1,433,720 | |||||||
Long-term debt | 4,651,239 | 4,576,422 | 4,260,720 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 139,208 | 265,022 | 192,020 | |||||||
Net debt | 3,596,074 | 4,157,808 | 2,618,342 | |||||||
Cash flow | ||||||||||
Cash from operating activities | (45,199) | 491,312 | (215,602) | |||||||
CAPEX | (477) | (69) | (86) | |||||||
Cash from investing activities | 1,076,025 | (225,706) | (112,483) | |||||||
Cash from financing activities | (1,452,096) | (209,846) | 292,289 | |||||||
FCF | (11,276,161) | 1,812,930 | (226,680) | |||||||
Balance | ||||||||||
Cash | 180,758 | 125,045 | 66,776 | |||||||
Long term investments | 2,783,320 | 2,703,475 | 3,009,322 | |||||||
Excess cash | 2,871,338 | 2,742,124 | 3,003,251 | |||||||
Stockholders' equity | 8,367,182 | 8,525,689 | 7,866,331 | |||||||
Invested Capital | 12,116,855 | 12,961,676 | 10,669,271 | |||||||
ROIC | 6.78% | 6.84% | 6.36% | |||||||
ROCE | 5.67% | 5.13% | 4.92% | |||||||
EV | ||||||||||
Common stock shares outstanding | 489,334 | 489,334 | 489,334 | |||||||
Price | ||||||||||
Market cap | ||||||||||
EV | ||||||||||
EBITDA | 851,380 | 807,136 | 673,954 | |||||||
EV/EBITDA | ||||||||||
Interest | 584,294 | 515,893 | 396,629 | |||||||
Interest/NOPBT | 68.70% | 64.00% | 58.92% |