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XJSEFFB
Market cap2.42bUSD
Dec 20, Last price  
2,040.00ZAR
1D
1.44%
1Q
1.04%
Jan 2017
-36.90%
IPO
1,541.88%
Name

Fortress Real Estate Investments Ltd

Chart & Performance

D1W1MN
XJSE:FFB chart
P/E
1,021.92
P/S
1,021.84
EPS
2.00
Div Yield, %
0.01%
Shrs. gr., 5y
-11.98%
Rev. gr., 5y
3.61%
Revenues
6.51b
+71.94%
289,362,000465,915,000569,871,000688,008,000763,429,000842,493,0002,276,344,0003,296,915,0003,633,404,0003,628,427,0003,617,183,0003,233,454,0003,446,471,0003,787,954,0006,513,180,000
Net income
4.33b
-26.78%
132,838,000282,883,000587,211,0001,271,763,0001,164,854,0002,563,782,000-5,371,757,0004,420,054,000-4,904,290,0002,617,631,000-8,369,338,0003,352,901,000777,817,0005,917,362,0004,332,680,000
CFO
1.21b
+67.85%
102,786,00040,965,00036,176,00030,075,00022,668,000-355,177,000-678,385,000-1,155,486,000-2,714,644,000-1,290,398,000579,933,0001,180,522,0001,317,601,000721,828,0001,211,586,000
Dividend
Apr 10, 202481.44308 ZAR/sh
Earnings
Mar 06, 2025

Profile

Fortress was listed on 22 October 2009 on the main board of the Johannesburg Stock Exchange Limited as a property loan stock company. It listed with an initial market capitalisation of R1.8 billion, making it the largest initial listing in the listed property sector. Fortress converted to a Real Estate Investment Trust REIT on 1 July 2013. Fortress is a hybrid fund, investing in both direct property as well as other listed property stocks and REITs. It focusses on the development of prime real estate logistics assets as well as investments into its retail portfolio. Currently Fortress portfolio includes industrial, logistics, office, retail and other properties.
IPO date
Oct 22, 2009
Employees
Domiciled in
ZA
Incorporated in
ZA

Valuation

Title
ZAR in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑062023‑062022‑062021‑062020‑062019‑062018‑062017‑062016‑062015‑06
Income
Revenues
6,513,180
71.94%
3,787,954
9.91%
3,446,471
6.59%
Cost of revenue
2,003,130
1,767,289
1,580,695
Unusual Expense (Income)
NOPBT
4,510,050
2,020,665
1,865,776
NOPBT Margin
69.24%
53.34%
54.14%
Operating Taxes
1,337,888
(1,264,195)
43,071
Tax Rate
29.66%
2.31%
NOPAT
3,172,162
3,284,860
1,822,705
Net income
4,332,680
-26.78%
5,917,362
660.77%
777,817
-76.80%
Dividends
(633,518)
(3,616)
(879,356)
Dividend yield
Proceeds from repurchase of equity
(2,014,811)
BB yield
Debt
Debt current
4,602,362
3,013,692
5,329,739
Long-term debt
16,968,561
16,021,674
13,787,328
Deferred revenue
27,025
25,894
Other long-term liabilities
(27,025)
(25,894)
Net debt
8,385,579
388,033
4,190,188
Cash flow
Cash from operating activities
1,211,586
721,828
1,317,601
CAPEX
(2,300,340)
(2,217,170)
(2,079,822)
Cash from investing activities
(1,154,689)
(1,001,375)
(3,136,442)
Cash from financing activities
1,923,079
(205,603)
1,969,429
FCF
974,588
3,282,762
2,038,204
Balance
Cash
2,188,427
208,451
693,601
Long term investments
10,996,917
18,438,882
14,233,278
Excess cash
12,859,685
18,457,935
14,754,555
Stockholders' equity
36,878,638
35,560,701
29,000,585
Invested Capital
38,776,475
33,941,887
31,076,132
ROIC
8.72%
10.10%
6.22%
ROCE
8.64%
3.83%
4.06%
EV
Common stock shares outstanding
1,184,875
2,117,048
2,116,064
Price
Market cap
EV
EBITDA
4,510,050
2,042,758
1,887,297
EV/EBITDA
Interest
1,864,461
1,531,736
975,329
Interest/NOPBT
41.34%
75.80%
52.27%