XJSEEQU
Market cap625mUSD
Dec 20, Last price
1,457.00ZAR
1D
0.14%
1Q
0.07%
Jan 2017
-7.78%
IPO
36.17%
Name
Equites Property Fund Ltd
Chart & Performance
Profile
Equites is a listed Real Estate Investment Trust (REIT) with a focus on owning and developing modern, well-located logistics properties let to A-grade tenants on long-dated leases. Equites has established itself as a leading owner and developer of high-quality logistics assets in SA and the UK and is the only specialist logistics REIT listed on the JSE. This gives shareholders pure exposure to an asset class that is expected to outperform over time.
Valuation
Title ZAR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑02 | 2023‑02 | 2022‑02 | 2021‑02 | 2020‑02 | 2019‑02 | 2018‑02 | 2017‑02 | 2016‑02 | 2015‑02 | |
Income | ||||||||||
Revenues | 2,484,186 -22.68% | 3,212,750 90.38% | 1,687,571 42.37% | |||||||
Cost of revenue | 684,830 | 1,448,055 | 318,457 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,799,356 | 1,764,695 | 1,369,114 | |||||||
NOPBT Margin | 72.43% | 54.93% | 81.13% | |||||||
Operating Taxes | (39,557) | (25,911) | 382,809 | |||||||
Tax Rate | 27.96% | |||||||||
NOPAT | 1,838,913 | 1,790,606 | 986,305 | |||||||
Net income | 1,151,765 -280.30% | (638,793) -131.43% | 2,032,661 398.81% | |||||||
Dividends | (1,404,240) | (1,516,504) | (1,228,043) | |||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | (81,113) | (46,717) | 3,791,691 | |||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 2,631,904 | 3,523,601 | 1,026,304 | |||||||
Long-term debt | 9,500,940 | 7,590,856 | 8,007,141 | |||||||
Deferred revenue | 7,910,975 | 117,200 | ||||||||
Other long-term liabilities | 107,856 | (7,590,856) | 8,334 | |||||||
Net debt | 11,434,224 | 10,705,315 | 8,402,665 | |||||||
Cash flow | ||||||||||
Cash from operating activities | (280,764) | (30,570) | (428,125) | |||||||
CAPEX | (6,476) | (11,378) | (1,555) | |||||||
Cash from investing activities | (553,078) | (2,160,072) | (4,489,177) | |||||||
Cash from financing activities | (360,825) | 1,832,786 | 4,852,292 | |||||||
FCF | 623,756 | 1,222,156 | 424,839 | |||||||
Balance | ||||||||||
Cash | 493,253 | 382,909 | 674,788 | |||||||
Long term investments | 205,367 | 26,233 | (44,008) | |||||||
Excess cash | 574,411 | 248,504 | 546,401 | |||||||
Stockholders' equity | 16,945,498 | 28,358,714 | 31,563,286 | |||||||
Invested Capital | 28,578,890 | 27,457,834 | 26,091,291 | |||||||
ROIC | 6.56% | 6.69% | 4.33% | |||||||
ROCE | 6.14% | 6.34% | 5.06% | |||||||
EV | ||||||||||
Common stock shares outstanding | 789,735 | 782,735 | 693,598 | |||||||
Price | ||||||||||
Market cap | ||||||||||
EV | ||||||||||
EBITDA | 1,821,285 | 1,772,457 | 1,376,137 | |||||||
EV/EBITDA | ||||||||||
Interest | 537,043 | 229,050 | 19,702 | |||||||
Interest/NOPBT | 29.85% | 12.98% | 1.44% |