Heriot REIT（HET）株式概要ヘリオット・プロパティーズ（Pty）リミテッドは不動産持株会社として運営されている。 詳細HET ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績3/6財務の健全性0/6配当金3/6報酬株価収益率（ 6.4 x） ZA市場（ 8.6 x）を下回っています。過去5年間の収益は年間30.9%増加しました。 リスク分析利払いは収益で十分にカバーされない 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るHET Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW477,415 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA477,415 investors already sharing narrativesYour Fair ValueRCurrent PriceR26.0043.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-15m7b2016201920222025202620282031Revenue R6.7bEarnings R5.1bAdvancedSet Fair ValueView all narrativesHeriot REIT Limited 競合他社SA Real EstateSymbol: JSE:SACMarket cap: R9.3bBurstone GroupSymbol: JSE:BTNMarket cap: R7.6bSpear ReitSymbol: JSE:SEAMarket cap: R5.4bAttacqSymbol: JSE:ATTMarket cap: R12.0b価格と性能株価の高値、安値、推移の概要Heriot REIT過去の株価現在の株価R26.0052週高値R26.0052週安値R14.50ベータ0.0221ヶ月の変化0%3ヶ月変化13.04%1年変化62.50%3年間の変化126.09%5年間の変化126.09%IPOからの変化160.00%最新ニュース分析記事 • Jun 30Does Heriot REIT (JSE:HET) Deserve A Spot On Your Watchlist?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Buy Or Sell Opportunity • Jun 29Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to R26.00. The fair value is estimated to be R20.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 9.7%.Board Change • May 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Greg Heron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Jan 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 44% to R23.00. The fair value is estimated to be R19.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has grown by 13%.Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to R21.50, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 9x in the REITs industry in South Africa. Total returns to shareholders of 137% over the past three years.Board Change • Dec 05Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Greg Heron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.最新情報をもっと見るRecent updates分析記事 • Jun 30Does Heriot REIT (JSE:HET) Deserve A Spot On Your Watchlist?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Buy Or Sell Opportunity • Jun 29Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to R26.00. The fair value is estimated to be R20.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 9.7%.Board Change • May 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Greg Heron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Jan 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 44% to R23.00. The fair value is estimated to be R19.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has grown by 13%.Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to R21.50, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 9x in the REITs industry in South Africa. Total returns to shareholders of 137% over the past three years.Board Change • Dec 05Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Greg Heron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Dec 01This Is The Reason Why We Think Heriot REIT Limited's (JSE:HET) CEO Might Be UnderpaidKey Insights Heriot REIT will host its Annual General Meeting on 8th of December Salary of R4.51m is part of CEO...Board Change • Nov 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Greg Heron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 01Heriot REIT Limited, Annual General Meeting, Dec 08, 2025Heriot REIT Limited, Annual General Meeting, Dec 08, 2025. Location: offices of the company, suite 1 - ground floor, 3 melrose boulevard, melrose north, 2196, South AfricaBoard Change • Oct 31Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Greg Heron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Nov 29We Take A Look At Whether Heriot REIT Limited's (JSE:HET) CEO May Be UnderpaidKey Insights Heriot REIT's Annual General Meeting to take place on 5th of December Salary of R4.34m is part of CEO...お知らせ • Nov 01Heriot REIT Limited, Annual General Meeting, Dec 05, 2024Heriot REIT Limited, Annual General Meeting, Dec 05, 2024. Location: offices of the company, suite 1 - ground floor, 3 melrose boulevard, melrose north, 2196, South Africaお知らせ • Oct 08Heriot REIT Limited Announces Appointment of Greg Heron as A Non-Executive Director and A Member of the Audit and Risk CommitteeHeriot REIT Limited announced the appointment of Mr. Greg Heron as A Non-Executive Director and a member of the audit and risk committee of the Company with effect from, 8 October 2024. Greg is a Chartered Accountant with more than 30 years' experience in corporate, structured and property finance as well as significant operational exposure to a variety of businesses. He currently holds the office of CEO of Infinitus Holdings, an investment company that holds a portfolio primarily invested in the fast moving consumer groups and retail sectors. Prior to that he was head of Leaf Property Fund, a significant unlisted property fund focused on the office and commercial sector of the property market. During his time at Leaf, he led the repositioning of the fund which included the disposal of a large portfolio of assets as part of this process. Greg serves on the boards of various unlisted companies and is an independent non-executive director of SA Corporate Real Estate Limited and Safari Investments (RSA) Limited, both REITs listed on the JSE.New Risk • Oct 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (48% net profit margin). Shareholders have been diluted in the past year (25% increase in shares outstanding).Declared Dividend • Oct 02Final dividend increased to R0.57Dividend of R0.57 is 4.6% higher than last year. Ex-date: 16th October 2024 Payment date: 21st October 2024 Dividend yield will be 6.7%, which is lower than the industry average of 9.2%.Reported Earnings • Oct 02Full year 2024 earnings released: EPS: R2.60 (vs R3.78 in FY 2023)Full year 2024 results: EPS: R2.60 (down from R3.78 in FY 2023). Revenue: R1.39b (up 121% from FY 2023). Net income: R664.7m (down 31% from FY 2023). Profit margin: 48% (down from 154% in FY 2023). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 30+ 1 more updateHeriot Reit Limited Announces Directorate ChangesHeriot REIT Limited announced that Nelson Ngale and Janys Finn have resigned from the board of directors of Heriot with effect from 30 September 2024. While Janys will be stepping down from her duties as a non-executive director of Heriot, she will continue to play a significant role for the Group by providing support to the Heriot executive team and overseeing the management of the Herring family's global assets. Andile Mazwai has been appointed to the board as a non-executive director and chair of the social and ethics committee with effect 30 September 2024. Heriot will announce Nelson's replacement on the audit and risk committee in due course. Andile brings a wealth of experience to the board. He currently holds several positions including CEO of the National Stokvels Association of South Africa, CBD Investments Proprietary Limited and Katlego Property Investments Proprietary Limited, Chairman of Bidvest Bank Limited, independent non-executive director of Alexander Forbes Group Holdings Limited, non-executive director of Alexander Forbes Life Limited, member of The Institute of Directors and South African Institute of Stockbrokers and trustee of JSE Education Fund.Declared Dividend • Mar 30First half dividend of R0.50 announcedShareholders will receive a dividend of R0.50. Ex-date: 17th April 2024 Payment date: 22nd April 2024 Dividend yield will be 7.7%, which is lower than the industry average of 9.2%.お知らせ • Mar 29Heriot REIT Limited Declares Interim Gross Cash Dividend for the Period Ended 31 December 2023, Payable on April 22, 2024The board of Heriot REIT Limited declared an interim gross cash dividend of 49.87199 cents per share out of the company's distributable income for the period ended 31 December 2023. The declaration date is 28 March 2024, last date to trade cum dividend is 16 April 2024, shares trade ex-dividend is 17 April 2024, record date is 19 April 2024, and payment date is 22 April 2024.お知らせ • Nov 01Heriot REIT Limited, Annual General Meeting, Dec 06, 2023Heriot REIT Limited, Annual General Meeting, Dec 06, 2023, at 10:00 South Africa Standard Time. Location: offices of the Company situated at Suite 1 Ground Floor 3 Melrose Boulevard, Melrose North 2196, Johanesburg South AfricaNew Risk • Oct 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.お知らせ • Sep 29Heriot Reit Limited Declares Final Gross Cash Dividend Out of the Company's Distributable Income for the Year Ended 30 June 2023, Payable on 23 October 2023Heriot REIT Limited declared a final gross cash dividend of 54.28910 cents per share out of the Company's distributable income for the year ended 30 June 2023. Last date to trade cum dividend 17 October 2023. Shares trade ex dividend 18 October 2023. Record date 20 October 2023. Payment date 23 October 2023.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to R13.50, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 9x in the REITs industry in South Africa. Total returns to shareholders of 52% over the past three years.Upcoming Dividend • Mar 28Upcoming dividend of R0.52 per share at 9.1% yieldEligible shareholders must have bought the stock before 04 April 2023. Payment date: 11 April 2023. Trailing yield: 9.1%. Lower than top quartile of South African dividend payers (9.7%). In line with average of industry peers (9.5%).Reported Earnings • Mar 17First half 2023 earnings releasedFirst half 2023 results: Revenue: R305.5m (up 3.4% from 1H 2022). Net income: R248.4m (up 37% from 1H 2022). Profit margin: 81% (up from 61% in 1H 2022).Board Change • Mar 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Rob Lockhart-Ross was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Board Change • Dec 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Rob Lockhart-Ross was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Nov 01Heriot REIT Limited, Annual General Meeting, Dec 07, 2022Heriot REIT Limited, Annual General Meeting, Dec 07, 2022, at 10:00 South Africa Standard Time. Location: Suite 1 – Ground Floor, 3 Melrose Boulevard, Melrose North, 2196, Joannesburg South AfricaBoard Change • Oct 10Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Rob Lockhart-Ross was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Upcoming Dividend • Mar 09Upcoming dividend of R0.50 per shareEligible shareholders must have bought the stock before 16 March 2022. Payment date: 22 March 2022. Trailing yield: 8.8%. Within top quartile of South African dividend payers (7.6%). In line with average of industry peers (8.9%).お知らせ • Feb 25Heriot REIT Limited Declares Final Gross Cash Dividend for the Six Months Ended December 31, 2021, Payable on March 22, 2022The board of directors of Heriot REIT Limited has declared a final gross cash dividend of 50.42000 cents per share for the six months ended December 31, 2021, out of the company's distributable income. Payment date to be March 22, 2022. Record date to be March 18, 2022. Shares trade ex dividend to be March 16, 2022. Last date to trade cum dividend to be March 15, 2022.お知らせ • Feb 16Heriot REIT Limited Expects Dividend for the Six Months Ended 31 December 2021Heriot REIT Limited is now able to advise that it expects distribution per share for the six months ended 31 December 2021 to be between 50.0 cents and 51.0 cents per share, being between 14.0% and 16.3% higher than the distribution per share for the previous corresponding period.Buying Opportunity • Jan 13Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 4.3%. The fair value is estimated to be R14.34, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% per annum over the last 3 years. Earnings per share has declined by 48% per annum over the last 3 years.Buying Opportunity • Jan 13Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 4.3%. The fair value is estimated to be R14.34, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% per annum over the last 3 years. Earnings per share has declined by 48% per annum over the last 3 years.Reported Earnings • Nov 05Full year 2021 earnings released: EPS R1.23 (vs R0.32 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: R504.1m (flat on FY 2020). Net income: R313.0m (up 279% from FY 2020). Profit margin: 62% (up from 16% in FY 2020). Net asset value (NAV) per share: R11.43 (up 3.2% from FY 2020). The current share price is even with NAV per share. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Oct 13Upcoming dividend of R0.47 per shareEligible shareholders must have bought the stock before 20 October 2021. Payment date: 25 October 2021. Trailing yield: 8.2%. Within top quartile of South African dividend payers (8.1%). Lower than average of industry peers (9.5%).Reported Earnings • Oct 01Full year 2021 earnings released: EPS R1.23 (vs R0.32 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: R504.1m (flat on FY 2020). Net income: R313.0m (up 279% from FY 2020). Profit margin: 62% (up from 16% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Mar 03Upcoming Dividend of R0.44 Per ShareWill be paid on the 15th of March to those who are registered shareholders by the 10th of March. The trailing yield of 7.6% is below the top quartile of South African dividend payers (8.8%), and is lower than industry peers (12%).分析記事 • Jan 14Should You Be Concerned About Heriot REIT Limited's (JSE:HET) ROE?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...Reported Earnings • Oct 31Full year earnings releasedOver the last 12 months the company has reported total profits of R82.7m, down 61% from the prior year. Total revenue was R508.1m over the last 12 months, up 7.3% from the prior year. Note: Net income excluding extraordinary items provided as the company does not report funds from operations.Upcoming Dividend • Oct 14Upcoming Dividend of R0.43 Per ShareWill be paid on the 26th of October to those who are registered shareholders by the 21st of October. The trailing yield of 7.3% is below the top quartile of South African dividend payers (10%), and is lower than industry peers (16%).株主還元HETZA REITsZA 市場7D0%-1.6%-2.7%1Y62.5%23.1%9.7%株主還元を見る業界別リターン: HET過去 1 年間で23.1 % の収益を上げたZA REITs業界を上回りました。リターン対市場: HET過去 1 年間で9.7 % の収益を上げたZA市場を上回りました。価格変動Is HET's price volatile compared to industry and market?HET volatilityHET Average Weekly Movement3.7%REITs Industry Average Movement3.1%Market Average Movement4.8%10% most volatile stocks in ZA Market10.3%10% least volatile stocks in ZA Market2.7%安定した株価: HET 、 ZA市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: HETの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイトn/an/aRichard Herringwww.heriotreit.comヘリオット・プロパティーズ（Pty）リミテッドは不動産持株会社として運営されている。投資分析、プロジェクト管理、不動産開発・管理、小売サービスを提供。同社のプロジェクトには、工業、小売、オフィス、その他のプロジェクトが含まれる。同社は南アフリカのヨハネスブルグを拠点としている。2017年8月11日現在、Heriot Properties (Pty) Ltd.はHeriot Investments Proprietary Limitedの子会社として運営されている。もっと見るHeriot REIT Limited 基礎のまとめHeriot REIT の収益と売上を時価総額と比較するとどうか。HET 基礎統計学時価総額R8.30b収益（TTM）R1.31b売上高(TTM)R1.73b6.4xPER（株価収益率4.8xP/SレシオHET は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計HET 損益計算書（TTM）収益R1.73b売上原価R690.58m売上総利益R1.04bその他の費用-R264.96m収益R1.31b直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）4.09グロス・マージン60.15%純利益率75.44%有利子負債／自己資本比率80.2%HET の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.1%現在の配当利回り93%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/17 09:16終値2026/08/14 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Heriot REIT Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
分析記事 • Jun 30Does Heriot REIT (JSE:HET) Deserve A Spot On Your Watchlist?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Buy Or Sell Opportunity • Jun 29Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to R26.00. The fair value is estimated to be R20.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 9.7%.
Board Change • May 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Greg Heron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Jan 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 44% to R23.00. The fair value is estimated to be R19.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has grown by 13%.
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to R21.50, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 9x in the REITs industry in South Africa. Total returns to shareholders of 137% over the past three years.
Board Change • Dec 05Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Greg Heron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Jun 30Does Heriot REIT (JSE:HET) Deserve A Spot On Your Watchlist?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Buy Or Sell Opportunity • Jun 29Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to R26.00. The fair value is estimated to be R20.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 9.7%.
Board Change • May 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Greg Heron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Jan 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 44% to R23.00. The fair value is estimated to be R19.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has grown by 13%.
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to R21.50, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 9x in the REITs industry in South Africa. Total returns to shareholders of 137% over the past three years.
Board Change • Dec 05Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Greg Heron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Dec 01This Is The Reason Why We Think Heriot REIT Limited's (JSE:HET) CEO Might Be UnderpaidKey Insights Heriot REIT will host its Annual General Meeting on 8th of December Salary of R4.51m is part of CEO...
Board Change • Nov 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Greg Heron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 01Heriot REIT Limited, Annual General Meeting, Dec 08, 2025Heriot REIT Limited, Annual General Meeting, Dec 08, 2025. Location: offices of the company, suite 1 - ground floor, 3 melrose boulevard, melrose north, 2196, South Africa
Board Change • Oct 31Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Greg Heron was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Nov 29We Take A Look At Whether Heriot REIT Limited's (JSE:HET) CEO May Be UnderpaidKey Insights Heriot REIT's Annual General Meeting to take place on 5th of December Salary of R4.34m is part of CEO...
お知らせ • Nov 01Heriot REIT Limited, Annual General Meeting, Dec 05, 2024Heriot REIT Limited, Annual General Meeting, Dec 05, 2024. Location: offices of the company, suite 1 - ground floor, 3 melrose boulevard, melrose north, 2196, South Africa
お知らせ • Oct 08Heriot REIT Limited Announces Appointment of Greg Heron as A Non-Executive Director and A Member of the Audit and Risk CommitteeHeriot REIT Limited announced the appointment of Mr. Greg Heron as A Non-Executive Director and a member of the audit and risk committee of the Company with effect from, 8 October 2024. Greg is a Chartered Accountant with more than 30 years' experience in corporate, structured and property finance as well as significant operational exposure to a variety of businesses. He currently holds the office of CEO of Infinitus Holdings, an investment company that holds a portfolio primarily invested in the fast moving consumer groups and retail sectors. Prior to that he was head of Leaf Property Fund, a significant unlisted property fund focused on the office and commercial sector of the property market. During his time at Leaf, he led the repositioning of the fund which included the disposal of a large portfolio of assets as part of this process. Greg serves on the boards of various unlisted companies and is an independent non-executive director of SA Corporate Real Estate Limited and Safari Investments (RSA) Limited, both REITs listed on the JSE.
New Risk • Oct 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (48% net profit margin). Shareholders have been diluted in the past year (25% increase in shares outstanding).
Declared Dividend • Oct 02Final dividend increased to R0.57Dividend of R0.57 is 4.6% higher than last year. Ex-date: 16th October 2024 Payment date: 21st October 2024 Dividend yield will be 6.7%, which is lower than the industry average of 9.2%.
Reported Earnings • Oct 02Full year 2024 earnings released: EPS: R2.60 (vs R3.78 in FY 2023)Full year 2024 results: EPS: R2.60 (down from R3.78 in FY 2023). Revenue: R1.39b (up 121% from FY 2023). Net income: R664.7m (down 31% from FY 2023). Profit margin: 48% (down from 154% in FY 2023). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 30+ 1 more updateHeriot Reit Limited Announces Directorate ChangesHeriot REIT Limited announced that Nelson Ngale and Janys Finn have resigned from the board of directors of Heriot with effect from 30 September 2024. While Janys will be stepping down from her duties as a non-executive director of Heriot, she will continue to play a significant role for the Group by providing support to the Heriot executive team and overseeing the management of the Herring family's global assets. Andile Mazwai has been appointed to the board as a non-executive director and chair of the social and ethics committee with effect 30 September 2024. Heriot will announce Nelson's replacement on the audit and risk committee in due course. Andile brings a wealth of experience to the board. He currently holds several positions including CEO of the National Stokvels Association of South Africa, CBD Investments Proprietary Limited and Katlego Property Investments Proprietary Limited, Chairman of Bidvest Bank Limited, independent non-executive director of Alexander Forbes Group Holdings Limited, non-executive director of Alexander Forbes Life Limited, member of The Institute of Directors and South African Institute of Stockbrokers and trustee of JSE Education Fund.
Declared Dividend • Mar 30First half dividend of R0.50 announcedShareholders will receive a dividend of R0.50. Ex-date: 17th April 2024 Payment date: 22nd April 2024 Dividend yield will be 7.7%, which is lower than the industry average of 9.2%.
お知らせ • Mar 29Heriot REIT Limited Declares Interim Gross Cash Dividend for the Period Ended 31 December 2023, Payable on April 22, 2024The board of Heriot REIT Limited declared an interim gross cash dividend of 49.87199 cents per share out of the company's distributable income for the period ended 31 December 2023. The declaration date is 28 March 2024, last date to trade cum dividend is 16 April 2024, shares trade ex-dividend is 17 April 2024, record date is 19 April 2024, and payment date is 22 April 2024.
お知らせ • Nov 01Heriot REIT Limited, Annual General Meeting, Dec 06, 2023Heriot REIT Limited, Annual General Meeting, Dec 06, 2023, at 10:00 South Africa Standard Time. Location: offices of the Company situated at Suite 1 Ground Floor 3 Melrose Boulevard, Melrose North 2196, Johanesburg South Africa
New Risk • Oct 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
お知らせ • Sep 29Heriot Reit Limited Declares Final Gross Cash Dividend Out of the Company's Distributable Income for the Year Ended 30 June 2023, Payable on 23 October 2023Heriot REIT Limited declared a final gross cash dividend of 54.28910 cents per share out of the Company's distributable income for the year ended 30 June 2023. Last date to trade cum dividend 17 October 2023. Shares trade ex dividend 18 October 2023. Record date 20 October 2023. Payment date 23 October 2023.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to R13.50, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 9x in the REITs industry in South Africa. Total returns to shareholders of 52% over the past three years.
Upcoming Dividend • Mar 28Upcoming dividend of R0.52 per share at 9.1% yieldEligible shareholders must have bought the stock before 04 April 2023. Payment date: 11 April 2023. Trailing yield: 9.1%. Lower than top quartile of South African dividend payers (9.7%). In line with average of industry peers (9.5%).
Reported Earnings • Mar 17First half 2023 earnings releasedFirst half 2023 results: Revenue: R305.5m (up 3.4% from 1H 2022). Net income: R248.4m (up 37% from 1H 2022). Profit margin: 81% (up from 61% in 1H 2022).
Board Change • Mar 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Rob Lockhart-Ross was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Board Change • Dec 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Rob Lockhart-Ross was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Nov 01Heriot REIT Limited, Annual General Meeting, Dec 07, 2022Heriot REIT Limited, Annual General Meeting, Dec 07, 2022, at 10:00 South Africa Standard Time. Location: Suite 1 – Ground Floor, 3 Melrose Boulevard, Melrose North, 2196, Joannesburg South Africa
Board Change • Oct 10Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Rob Lockhart-Ross was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Upcoming Dividend • Mar 09Upcoming dividend of R0.50 per shareEligible shareholders must have bought the stock before 16 March 2022. Payment date: 22 March 2022. Trailing yield: 8.8%. Within top quartile of South African dividend payers (7.6%). In line with average of industry peers (8.9%).
お知らせ • Feb 25Heriot REIT Limited Declares Final Gross Cash Dividend for the Six Months Ended December 31, 2021, Payable on March 22, 2022The board of directors of Heriot REIT Limited has declared a final gross cash dividend of 50.42000 cents per share for the six months ended December 31, 2021, out of the company's distributable income. Payment date to be March 22, 2022. Record date to be March 18, 2022. Shares trade ex dividend to be March 16, 2022. Last date to trade cum dividend to be March 15, 2022.
お知らせ • Feb 16Heriot REIT Limited Expects Dividend for the Six Months Ended 31 December 2021Heriot REIT Limited is now able to advise that it expects distribution per share for the six months ended 31 December 2021 to be between 50.0 cents and 51.0 cents per share, being between 14.0% and 16.3% higher than the distribution per share for the previous corresponding period.
Buying Opportunity • Jan 13Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 4.3%. The fair value is estimated to be R14.34, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% per annum over the last 3 years. Earnings per share has declined by 48% per annum over the last 3 years.
Buying Opportunity • Jan 13Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 4.3%. The fair value is estimated to be R14.34, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% per annum over the last 3 years. Earnings per share has declined by 48% per annum over the last 3 years.
Reported Earnings • Nov 05Full year 2021 earnings released: EPS R1.23 (vs R0.32 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: R504.1m (flat on FY 2020). Net income: R313.0m (up 279% from FY 2020). Profit margin: 62% (up from 16% in FY 2020). Net asset value (NAV) per share: R11.43 (up 3.2% from FY 2020). The current share price is even with NAV per share. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Oct 13Upcoming dividend of R0.47 per shareEligible shareholders must have bought the stock before 20 October 2021. Payment date: 25 October 2021. Trailing yield: 8.2%. Within top quartile of South African dividend payers (8.1%). Lower than average of industry peers (9.5%).
Reported Earnings • Oct 01Full year 2021 earnings released: EPS R1.23 (vs R0.32 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: R504.1m (flat on FY 2020). Net income: R313.0m (up 279% from FY 2020). Profit margin: 62% (up from 16% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Mar 03Upcoming Dividend of R0.44 Per ShareWill be paid on the 15th of March to those who are registered shareholders by the 10th of March. The trailing yield of 7.6% is below the top quartile of South African dividend payers (8.8%), and is lower than industry peers (12%).
分析記事 • Jan 14Should You Be Concerned About Heriot REIT Limited's (JSE:HET) ROE?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Reported Earnings • Oct 31Full year earnings releasedOver the last 12 months the company has reported total profits of R82.7m, down 61% from the prior year. Total revenue was R508.1m over the last 12 months, up 7.3% from the prior year. Note: Net income excluding extraordinary items provided as the company does not report funds from operations.
Upcoming Dividend • Oct 14Upcoming Dividend of R0.43 Per ShareWill be paid on the 26th of October to those who are registered shareholders by the 21st of October. The trailing yield of 7.3% is below the top quartile of South African dividend payers (10%), and is lower than industry peers (16%).
