TEX Stock Overview
Texton is a JSE Limited ("JSE")-listed real estate investment trust ("REIT") that offers shareholders access to global direct and indirect real estate investments, which aim to deliver sustainable, risk-adjusted returns.
Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 0/6 |
Past Performance | 0/6 |
Financial Health | 1/6 |
Dividends | 3/6 |
Texton Property Fund Limited Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | R3.20 |
52 Week High | R3.34 |
52 Week Low | R2.22 |
Beta | 0.68 |
1 Month Change | 10.34% |
3 Month Change | 28.00% |
1 Year Change | 32.78% |
3 Year Change | 21.21% |
5 Year Change | -24.71% |
Change since IPO | -55.56% |
Recent News & Updates
Shareholder Returns
TEX | ZA Office REITs | ZA Market | |
---|---|---|---|
7D | -3.0% | 1.6% | 3.0% |
1Y | 32.8% | 4.3% | 6.5% |
Return vs Industry: TEX exceeded the ZA Office REITs industry which returned 3.9% over the past year.
Return vs Market: TEX exceeded the ZA Market which returned 4.9% over the past year.
Price Volatility
TEX volatility | |
---|---|
TEX Average Weekly Movement | 7.8% |
Office REITs Industry Average Movement | 3.2% |
Market Average Movement | 4.9% |
10% most volatile stocks in ZA Market | 11.5% |
10% least volatile stocks in ZA Market | 2.8% |
Stable Share Price: TEX has not had significant price volatility in the past 3 months.
Volatility Over Time: TEX's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
n/a | 24 | H. S. Welleman | www.texton.co.za |
Texton is a JSE Limited ("JSE")-listed real estate investment trust ("REIT") that offers shareholders access to global direct and indirect real estate investments, which aim to deliver sustainable, risk-adjusted returns. Our direct property portfolio is valued at R2,1 billion as at 31 December 2023 (June 2023: R2,2 billion) and our international property investment portfolio amounts to R544,7 million (June 2023: R598,6 million). Texton maintains a focused and disciplined approach to capital allocation.
Texton Property Fund Limited Fundamentals Summary
TEX fundamental statistics | |
---|---|
Market cap | R954.26m |
Earnings (TTM) | -R63.21m |
Revenue (TTM) | R302.77m |
3.2x
P/S Ratio-15.1x
P/E RatioIs TEX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
TEX income statement (TTM) | |
---|---|
Revenue | R302.77m |
Cost of Revenue | R109.03m |
Gross Profit | R193.74m |
Other Expenses | R256.95m |
Earnings | -R63.21m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | -0.21 |
Gross Margin | 63.99% |
Net Profit Margin | -20.88% |
Debt/Equity Ratio | 59.2% |
How did TEX perform over the long term?
See historical performance and comparison