XJSE
SEA
Market cap128mUSD
Jun 20, Last price
1,038.00ZAR
1D
3.39%
1Q
8.01%
Jan 2017
10.43%
IPO
12.70%
Name
Spear REIT Ltd
Chart & Performance
P/E
646.90
P/S
381.00
EPS
1.60
Div Yield, %
3.98%
Shrs. gr., 5y
4.90%
Rev. gr., 5y
7.65%
Revenues
616m
+6.16%
Net income
363m
+99.08%
CFO
208m
+382.01%
Dividend
Jun 12, 202440.53328 ZAR/sh
Profile
Spear REIT Ltd. engages in the investment in real estate properties. It operates through the following segments: Industrial, Commercial, Retail, Hospitality, Non-Property, and Development. The company was founded by Michael Naftali Flax, Quintin Michael Rossi, and Abubaker Varachhia in 2011 and is headquartered in Cape Town, South Africa.
Valuation
Title ZAR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2024‑02 | 2023‑02 | 2022‑02 | 2021‑02 | 2020‑02 | 2019‑02 | 2018‑02 | 2017‑02 | |
| Income | ||||||||
Revenues | 615,893 6.16% | 580,153 1.01% | ||||||
Cost of revenue | 263,138 | 207,262 | ||||||
Unusual Expense (Income) | ||||||||
NOPBT | 352,755 | 372,891 | ||||||
NOPBT Margin | 57.28% | 64.27% | ||||||
Operating Taxes | 1,923 | 2,528 | ||||||
Tax Rate | 0.55% | 0.68% | ||||||
NOPAT | 350,832 | 370,363 | ||||||
Net income | 362,740 99.08% | 182,205 10.48% | ||||||
Dividends | (171,915) | (167,546) | ||||||
Dividend yield | 8.98% | 9.67% | ||||||
Proceeds from repurchase of equity | (38,577) | 90,931 | ||||||
BB yield | 2.02% | -5.25% | ||||||
| Debt | ||||||||
Debt current | 253,111 | 390,337 | ||||||
Long-term debt | 1,260,285 | 1,190,004 | ||||||
Deferred revenue | ||||||||
Other long-term liabilities | ||||||||
Net debt | 1,487,525 | 1,560,816 | ||||||
| Cash flow | ||||||||
Cash from operating activities | 207,824 | 43,116 | ||||||
CAPEX | (69) | (82,983) | ||||||
Cash from investing activities | (238,804) | 266,681 | ||||||
Cash from financing activities | 36,506 | (319,486) | ||||||
FCF | 331,704 | 27,970 | ||||||
| Balance | ||||||||
Cash | 25,871 | 19,525 | ||||||
Long term investments | ||||||||
Excess cash | ||||||||
Stockholders' equity | 3,081,157 | 2,607,520 | ||||||
Invested Capital | 4,581,884 | 4,171,218 | ||||||
ROIC | 8.02% | 8.59% | ||||||
ROCE | 7.70% | 8.94% | ||||||
| EV | ||||||||
Common stock shares outstanding | 229,157 | 235,806 | ||||||
Price | 8.35 13.61% | 7.35 -13.53% | ||||||
Market cap | 1,913,460 10.40% | 1,733,171 -5.86% | ||||||
EV | 3,414,097 | 3,307,099 | ||||||
EBITDA | 368,128 | 388,239 | ||||||
EV/EBITDA | 9.27 | 8.52 | ||||||
Interest | 161,465 | 138,616 | ||||||
Interest/NOPBT | 45.77% | 37.17% | ||||||