XJSE
FTB
Market cap474mUSD
Sep 22, Last price
562.00ZAR
1D
-0.36%
1Q
-2.99%
IPO
61.94%
Name
Fairvest Ltd
Chart & Performance
P/E
9.06
P/S
4.11
EPS
0.62
Div Yield, %
3.85%
Shrs. gr., 5y
—
Rev. gr., 5y
-4.03%
Revenues
2.04b
+5.13%
Net income
926m
+31.23%
CFO
62m
-92.12%
Dividend
Jun 19, 202421.23845 ZAR/sh
Profile
Fairvest Property Holdings Limited is a property investment holding company and Real Estate Investment Trust ("REIT"), with a unique focus on retail assets weighted toward non-metropolitan and rural shopping centres, as well as convenience and community shopping centres servicing the lower-LSM market, in high-growth nodes close to commuter networks.
Valuation
Title ZAR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2024‑09 | 2023‑09 | 2022‑09 | 2021‑06 | 2020‑09 | 2019‑09 | 2018‑09 | 2017‑09 | 2016‑09 | |
| Income | |||||||||
Revenues | 2,040,210 5.13% | 1,940,725 50.79% | 1,287,055 133.96% | ||||||
Cost of revenue | 127,635 | 906,009 | 707,773 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 1,912,575 | 1,034,716 | 579,282 | ||||||
NOPBT Margin | 93.74% | 53.32% | 45.01% | ||||||
Operating Taxes | (38,591) | 921,010 | |||||||
Tax Rate | 158.99% | ||||||||
NOPAT | 1,912,575 | 1,073,307 | (341,728) | ||||||
Net income | 926,308 31.23% | 705,845 -59.70% | 1,751,486 505.33% | ||||||
Dividends | (701,726) | (519,724) | |||||||
Dividend yield | 14.33% | ||||||||
Proceeds from repurchase of equity | (140,850) | ||||||||
BB yield | 2.88% | ||||||||
| Debt | |||||||||
Debt current | 1,519,054 | 432,549 | 3,549,738 | ||||||
Long-term debt | 2,779,593 | 3,812,024 | 153,048 | ||||||
Deferred revenue | 40,793 | 6,920,704 | |||||||
Other long-term liabilities | 117,293 | 107,046 | (244,884) | ||||||
Net debt | 4,241,554 | 3,903,534 | 3,335,299 | ||||||
| Cash flow | |||||||||
Cash from operating activities | 62,086 | 787,467 | 518,610 | ||||||
CAPEX | (1,405) | (282) | (782) | ||||||
Cash from investing activities | (74,240) | 640,770 | 122,004 | ||||||
Cash from financing activities | (37,516) | (1,456,043) | (521,307) | ||||||
FCF | 1,606,259 | 5,156,036 | (3,829,870) | ||||||
| Balance | |||||||||
Cash | 57,093 | 106,763 | 134,569 | ||||||
Long term investments | 234,276 | 232,918 | |||||||
Excess cash | 244,003 | 303,134 | |||||||
Stockholders' equity | 7,949,403 | 10,266,955 | 27,011,061 | ||||||
Invested Capital | 12,361,646 | 11,846,118 | 9,373,803 | ||||||
ROIC | 15.80% | 10.12% | |||||||
ROCE | 15.47% | 8.56% | 9.45% | ||||||
| EV | |||||||||
Common stock shares outstanding | 1,520,742 | 1,529,899 | |||||||
Price | 4.51 40.94% | 3.20 1.91% | 3.14 | ||||||
Market cap | 6,858,548 40.09% | 4,895,677 | |||||||
EV | 11,117,762 | 11,352,692 | |||||||
EBITDA | 1,914,824 | 1,036,054 | 580,749 | ||||||
EV/EBITDA | 5.81 | 10.96 | |||||||
Interest | 431,832 | 459,216 | 211,370 | ||||||
Interest/NOPBT | 22.58% | 44.38% | 36.49% | ||||||