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XJSE
FFB
Market cap2.51bUSD
Jul 09, Last price  
2,055.00ZAR
1D
0.05%
1Q
12.17%
Jan 2017
-36.44%
IPO
1,553.95%
Name

Fortress Real Estate Investments Ltd

Chart & Performance

D1W1MN
P/E
1,029.43
P/S
684.79
EPS
2.00
Div Yield, %
3.96%
Shrs. gr., 5y
-11.98%
Rev. gr., 5y
12.41%
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
Aug 27, 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.
URL
https://fortressfund.co.za/
IPO date
Oct 22, 2009
Employees
Domiciled in
ZA
Incorporated in
ZA

Valuation

Title
ZAR in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFY
2024‑062023‑062022‑062021‑062020‑062019‑062018‑062017‑062016‑06
Income
Revenues
6,513,180
71.94%
3,787,954
9.91%
Cost of revenue
2,003,130
1,767,289
Unusual Expense (Income)
NOPBT
4,510,050
2,020,665
NOPBT Margin
69.24%
53.34%
Operating Taxes
1,337,888
(1,264,195)
Tax Rate
29.66%
NOPAT
3,172,162
3,284,860
Net income
4,332,680
-26.78%
5,917,362
660.77%
Dividends
(633,518)
(3,616)
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current
4,602,362
3,013,692
Long-term debt
16,968,561
16,021,674
Deferred revenue
27,025
Other long-term liabilities
(27,025)
Net debt
8,385,579
388,033
Cash flow
Cash from operating activities
1,211,586
721,828
CAPEX
(2,300,340)
(2,217,170)
Cash from investing activities
(1,154,689)
(1,001,375)
Cash from financing activities
1,923,079
(205,603)
FCF
974,588
3,282,762
Balance
Cash
2,188,427
208,451
Long term investments
10,996,917
18,438,882
Excess cash
12,859,685
18,457,935
Stockholders' equity
36,878,638
35,560,701
Invested Capital
38,776,475
33,941,887
ROIC
8.72%
10.10%
ROCE
8.64%
3.83%
EV
Common stock shares outstanding
1,184,875
2,117,048
Price
Market cap
EV
EBITDA
4,510,050
2,042,758
EV/EBITDA
Interest
1,864,461
1,531,736
Interest/NOPBT
41.34%
75.80%