View ValuationFairvest 향후 성장Future 기준 점검 0/6Fairvest 의 수익과 수익은 각각 연간 12.9% 및 3.3% 감소할 것으로 예상됩니다.핵심 정보-3.3%이익 성장률n/aEPS 성장률Retail REITs 이익 성장1.3%매출 성장률-12.9%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트11 May 2026최근 향후 성장 업데이트Price Target Changed • 2hPrice target decreased by 9.2% to R18.70Down from R20.60, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of R18.10. Stock is up 7.1% over the past year. The company posted earnings per share of R0.88 last year.Price Target Changed • Oct 31Price target increased by 16% to R22.10Up from R19.00, the current price target is provided by 1 analyst. New target price is 19% above last closing price of R18.50. Stock is up 2.8% over the past year. The company posted earnings per share of R0.62 last year.모든 업데이트 보기Recent updatesPrice Target Changed • 2hPrice target decreased by 9.2% to R18.70Down from R20.60, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of R18.10. Stock is up 7.1% over the past year. The company posted earnings per share of R0.88 last year.New Risk • 11hNew major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (304% cash payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results.New Risk • May 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (304% cash payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results.공시 • Apr 25Fairvest Limited has filed a Follow-on Equity Offering in the amount of ZAR 500 million.Fairvest Limited has filed a Follow-on Equity Offering in the amount of ZAR 500 million. Security Name: B Shares Security Type: Common Stock Transaction Features: Subsequent Direct Listing공시 • Apr 24Fairvest Limited has completed a Follow-on Equity Offering in the amount of ZAR 900.000003 million.Fairvest Limited has completed a Follow-on Equity Offering in the amount of ZAR 900.000003 million. Security Name: B Shares Security Type: Common Stock Securities Offered: 130,434,783 Price\Range: ZAR 6.9 Transaction Features: Subsequent Direct ListingValuation Update With 7 Day Price Move • Apr 01Investor sentiment improves as stock rises 19%After last week's 19% share price gain to R21.47, the stock trades at a trailing P/E ratio of 28.9x. Average forward P/E is 13x in the Retail REITs industry in South Africa. Total returns to shareholders of 103% over the past three years.공시 • Jan 31Fairvest Limited, Annual General Meeting, Mar 02, 2026Fairvest Limited, Annual General Meeting, Mar 02, 2026. Location: 3rd floor, upper building, 1 sturdee avenue, rosebank, johannesburg, South AfricaUpcoming Dividend • Dec 17Upcoming dividend of R0.73 per shareEligible shareholders must have bought the stock before 22 December 2025. Payment date: 29 December 2025. Trailing yield: 7.8%. Within top quartile of South African dividend payers (7.6%). Higher than average of industry peers (6.3%).New Risk • Dec 04New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major 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 Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (299% cash payout ratio). Large one-off items impacting financial results.Reported Earnings • Dec 03Full year 2025 earnings releasedFull year 2025 results: Revenue: R2.18b (up 6.4% from FY 2024). Net income: R1.47b (up 58% from FY 2024). Profit margin: 67% (up from 45% in FY 2024). Revenue is forecast to decline by 12% p.a. on average during the next 3 years, while revenues in the Retail REITs industry in South Africa are expected to remain flat.공시 • Nov 28Truffle Asset Management acquired 5.40% stake in Fairvest Limited (JSE:FTA).Truffle Asset Management acquired 5.40% stake in Fairvest Limited (JSE:FTA) on November 27, 2025. Truffle now holds 5.61% of Fairvest's total B shares in issue. Truffle Asset Management completed the acquisition of 5.40% stake in Fairvest Limited (JSE:FTA) on November 27, 2025.공시 • Nov 12+ 1 more updateFairvest Limited to Report Fiscal Year 2026 Results on Nov 30, 2026Fairvest Limited announced that they will report fiscal year 2026 results on Nov 30, 2026Price Target Changed • Oct 31Price target increased by 16% to R22.10Up from R19.00, the current price target is provided by 1 analyst. New target price is 19% above last closing price of R18.50. Stock is up 2.8% over the past year. The company posted earnings per share of R0.62 last year.공시 • Oct 31+ 1 more updateFairvest Limited (JSE:FTA) concluded a sale of rental enterprises agreement to acquire Tugela Ferry Mall from Copperzone 163 Proprietary Limited for approximately ZAR 270 million.Fairvest Limited (JSE:FTA) concluded a sale of rental enterprises agreement to acquire Tugela Ferry Mall from Copperzone 163 Proprietary Limited for approximately ZAR 270 million on October 29, 2025. A cash consideration of ZAR 274.9 million will be paid by Fairvest Limited. As part of consideration, ZAR 274.9 million is paid towards assets of Tugela Ferry Mall. In related transaction, Fairvest Limited concluded a sale of rental enterprises agreement to acquire Jozini Mall from Greater Atlantic Properties Proprietary Limited. The Purchase Price will be payable in cash, funded by third-party financing. The transaction is subject to approval from competition authorities. The expected completion of the transaction is January 30, 2026.공시 • Sep 16Fairvest Limited to Report Fiscal Year 2025 Results on Dec 01, 2025Fairvest Limited announced that they will report fiscal year 2025 results on Dec 01, 2025공시 • Aug 28Coronation Asset Management Proprietary Ltd. acquired an additional minority stake in Fairvest Limited (JSE:FTA).Coronation Asset Management Proprietary Ltd. acquired an additional minority stake in Fairvest Limited (JSE:FTA) on August 28, 2025. Coronation Asset Management now holds 50.28% stake in Fairvest’s total A shares in issue. Coronation Asset Management Proprietary Ltd. completed the acquisition of an additional minority stake in Fairvest Limited (JSE:FTA) on August 28, 2025.공시 • Aug 26+ 1 more updateFairvest Limited has filed a Follow-on Equity Offering in the amount of ZAR 970 million.Fairvest Limited has filed a Follow-on Equity Offering in the amount of ZAR 970 million. Security Name: B Shares Security Type: Common Stock Transaction Features: Subsequent Direct ListingDeclared Dividend • Jun 09First half dividend increased to R0.70Dividend of R0.70 is 2.7% higher than last year. Ex-date: 25th June 2025 Payment date: 30th June 2025 Dividend yield will be 8.2%, which is lower than the industry average of 9.2%.공시 • May 13Fairvest Limited to Report First Half, 2025 Results on Jun 06, 2025Fairvest Limited announced that they will report first half, 2025 results on Jun 06, 2025공시 • Mar 27Fairvest Limited has completed a Follow-on Equity Offering in the amount of ZAR 400 million.Fairvest Limited has completed a Follow-on Equity Offering in the amount of ZAR 400 million. Security Name: B Shares Security Type: Common Stock Securities Offered: 85,106,383 Price\Range: ZAR 4.7 Transaction Features: Subsequent Direct Listing공시 • Feb 16Fairvest Limited Appoints Ntombenhle Bridget Duker as Independent Non-Executive Director and Member of the Audit and Risk Committee with Effect from 6 March 2025Shareholders are advised that Ms. Ntombenhle Bridget Duker has been appointed to the board of directors of Fairvest Limited as an independent non-executive director and member of the Audit and Risk Committee with effect from 6 March 2025. Bridget (Bcom (Hons), CA(SA)), started her career at Deloitte where she became an audit partner and led multi- disciplinary engagement teams servicing JSE listed clients in geographies spanning Africa, Europe and America during her 14 years at Deloitte. Thereafter, Bridget served as chief financial officer at African Rainbow Capital Investments Limited until 2019 before she joined Rothschild & Co South Africa as the chief operating officer and head of legal & compliance, a position she held until 2024. Bridget is currently a director of Absa Financial Services Limited. Previously she also served as an independent non-executive director of Assupol Holdings Limited and Assupol Life Limited Alexander Forbes Group Holdings Limited, A2X Markets Proprietary Limited, Colourfield Liability Solutions Proprietary Limited, Motus Holdings Limited and Imperial Holdings Limited.공시 • Feb 01Fairvest Limited, Annual General Meeting, Mar 05, 2025Fairvest Limited, Annual General Meeting, Mar 05, 2025.공시 • Jan 23Fairvest Ltd. Announces Board ChangesShareholders are advised that Nozipho Shange has informed the board of her intention to resign, effective 5 March 2025, following the conclusion of the Company's upcoming annual general meeting. Fikile Futwa, currently a member of the Audit and Risk Committee, will replace Nozioho as chairperson of the Audit and Risk Committee, effective 5 March 2025. The board thanks Nozipho for her contribution to Fairvest over the years and wishes her well in her future endeavours. Shareholders are further advised that Nadene Smith, has resigned as a member of the Social and Ethics Committee, but will remain as a standing invitee to committee meetings.Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to R18.30, the stock trades at a trailing P/E ratio of 29.6x. Average forward P/E is 16x in the REITs industry in South Africa. Total returns to shareholders of 42% over the past year.New Risk • Jan 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Dividend is not well covered by cash flows (279% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results.Upcoming Dividend • Dec 17Upcoming dividend of R0.71 per shareEligible shareholders must have bought the stock before 23 December 2024. Payment date: 30 December 2024. Trailing yield: 8.1%. Within top quartile of South African dividend payers (7.7%). In line with average of industry peers (8.6%).Declared Dividend • Dec 02Final dividend increased to R0.71Dividend of R0.71 is 3.8% higher than last year. Ex-date: 23rd December 2024 Payment date: 30th December 2024 Dividend yield will be 8.1%, which is lower than the industry average of 9.2%.Reported Earnings • Dec 01Full year 2024 earnings releasedFull year 2024 results: Revenue: R2.05b (up 7.1% from FY 2023). Net income: R926.3m (up 42% from FY 2023). Profit margin: 45% (up from 34% in FY 2023). Revenue is expected to fall by 27% p.a. on average during the next 2 years compared to a 10% decline forecast for the REITs industry in South Africa.공시 • Nov 29Fairvest Limited Declares Final Dividend for the Six Months Ended 30 September 2024, Payable on 30 December 2024The board of Fairvest Limited has resolved to declare a final dividend of 70.51767 cents per A share, and 22.05167 cents per B share, being 100% of the distributable income for the six months ended 30 September 2024 (2023: 100%). Shares trade ex-distribution: 23 December 2024. Record date: 27 December 2024. Payment date: 30 December 2024.공시 • Nov 12Fairvest Limited to Report Fiscal Year 2024 Results on Nov 29, 2024Fairvest Limited announced that they will report fiscal year 2024 results on Nov 29, 2024공시 • Jul 16Ninety One SA (Pty) Ltd. acquired an additional minority stake in Fairvest Limited (JSE:FTA).Ninety One SA (Pty) Ltd. acquired an additional minority stake in Fairvest Limited (JSE:FTA) on July 15, 2024. Post transaction Ninety One now holds 5.1092% of Fairvest's total B shares in issue. Ninety One SA (Pty) Ltd. completed the acquisition of an additional minority stake in Fairvest Limited (JSE:FTA) on July 15, 2024.Upcoming Dividend • Jun 14Upcoming dividend of R0.68 per shareEligible shareholders must have bought the stock before 19 June 2024. Payment date: 24 June 2024. Trailing yield: 8.6%. Lower than top quartile of South African dividend payers (9.2%). Lower than average of industry peers (11%).Declared Dividend • Jun 05First half dividend of R0.68 announcedShareholders will receive a dividend of R0.68. Ex-date: 19th June 2024 Payment date: 24th June 2024 Dividend yield will be 9.0%, which is about the same as the industry average.Buy Or Sell Opportunity • Apr 30Now 22% overvaluedOver the last 90 days, the stock has fallen 1.6% to R15.89. The fair value is estimated to be R13.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last 3 years. Earnings per share has grown by 38%.공시 • Mar 15An unknown buyer acquired unknown minority stake in Fairvest Limited (JSE:FTA) from Vukile Property Fund Limited (JSE:VKE).An unknown buyer acquired unknown minority stake in Fairvest Limited (JSE:FTA) from Vukile Property Fund Limited (JSE:VKE) on March 15, 2024. Pursuant to deal Vukile no longer holds any Fairvest B shares. In related transaction MICC Properties Limited, a wholly-owned subsidiary of Vukile also disposed the class B shares of Fairvest. An unknown buyer completed the acquisition of unknown minority stake in Fairvest Limited (JSE:FTA) from Vukile Property Fund Limited (JSE:VKE) on March 15, 2024.Buy Or Sell Opportunity • Mar 12Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to R15.99. The fair value is estimated to be R13.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last 3 years. Earnings per share has grown by 38%.공시 • Jan 31Fairvest Limited, Annual General Meeting, Mar 05, 2024Fairvest Limited, Annual General Meeting, Mar 05, 2024, at 10:00 South Africa Standard Time. Location: offices of Fairvest, 3rd Floor, Upper Building, 1 Sturdee Avenue, Rosebank Johannesburg South Africa Agenda: To consider Election of F Futwa and M Buya; to consider Re-election of K Nkuna, J Wiese and J Krie; to consider reappointment of members of the Audit and Risk Committee; to consider appointment of auditors; to consider General authority to issue shares for cash; to consider Non-binding advisory vote on Remuneration Policy and Remuneration Implementation Report; to consider Authority to sell Treasury Shares; to consider Specific authority to issue shares pursuant to a reinvestment option; and to consider any other matters.Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to R16.77, the stock trades at a trailing P/E ratio of 38.2x. Average forward P/E is 20x in the REITs industry in South Africa. Total returns to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at R11.83 per share.Upcoming Dividend • Dec 13Upcoming dividend of R0.68 per share at 9.1% yieldEligible shareholders must have bought the stock before 20 December 2023. Payment date: 27 December 2023. Trailing yield: 9.1%. Lower than top quartile of South African dividend payers (9.4%). In line with average of industry peers (9.9%).Reported Earnings • Dec 03Full year 2023 earnings releasedFull year 2023 results: EPS: R0.43. Revenue: R1.91b (up 51% from FY 2022). Net income: R654.8m (down 62% from FY 2022). Profit margin: 34% (down from 135% in FY 2022). Revenue is expected to fall by 8.1% p.a. on average during the next 2 years compared to a 4.5% decline forecast for the REITs industry in South Africa.공시 • Nov 30Fairvest Property Holdings Limited Declares Final Dividend, Payable on 27 December 2023The Board of Fairvest Limited has resolved to declare a final dividend (dividend number 17) of 67.93610 cents per A share and 20.32351 per B share, being 100% of the distributable income for the period (2023 interim: 100%).The dividend will be paid to shareholders in accordance with the timetable set out below: Last date to trade cum distribution is 19 December 2023. Shares trade ex-distribution is 20 December 2023. Record date is 22 December 2023.Payment date is 27 December 2023.공시 • Nov 15Fairvest Limited to Report Fiscal Year 2023 Results on Nov 29, 2023Fairvest Limited announced that they will report fiscal year 2023 results on Nov 29, 2023공시 • Sep 01Fairvest Limited Announces Changes to the Board of Directors, Changes to the Composition of Board CommitteesThe Board of Fairvest Limited announced the appointment of Ms Fikile Futwa and Mr. Mtheza Buya as independent non-executive directors of the Company with effect from 1 October 2023. Fikile is a CA(SA) having had senior financial positions at Eskom and Discovery Limited. She is the founder and CEO of Your Financial Partner and serves as a non-executive director for MiX Telematics Limited. Mtheza holds an LLB and was admitted as an Advocate of the High Court. After various corporate roles at KPMG and EOH Holdings Limited, he founded Sthathu Group Holdings Proprietary Limited, which invests in commercial and residential real estate. The Board welcomes Fikile and Mtheza and looks forward to their contribution to the Company. RESIGNATION OF DIRECTOR: Mr. Arnold Basserabie has resigned as an independent non-executive director of the Company and as a member of the Investment Committee with effect from 30 September 2023. The Board would like to thank Arnold for his valuable contribution to the Company and wishes him well in his future endeavours. CHANGES TO THE COMPOSITION OF BOARD COMMITTEES: Shareholders are advised that following their appointments to the Board, Ms Fikile Futwa will be appointed as a member of both the Audit and Risk Committee and the Social and Ethics Committee of the Company and Mr. Mtheza Buya will be appointed as a member of the Investment Committee of the Company. Shareholders are further advised that Mr. Arnold Basserabie, Ms Khegu Nkuna, Ms Nozipho Shange, Mr. Louis Andrag and Adv Jacob Wiese have resigned as members of the Investment Committee. Subsequent to the above changes, the committees will now comprise the following members: Audit and Risk Committee: Ms Nozipho Shange (Chairperson), Ms Khegu Nkuna, Adv Jacob Wiese, Ms Fikile Futwa; Social and Ethics Committee: Mr. Louis Andrag (Chairperson), Ms Fikile Futwa, Mr. Riaz Kader, Ms Nadene Smith; Investment Committee: Mr. Ndabezinhle Mkhize (Chairperson), Mr. Jacques du Toit, Mr. Mtheza Buya, Mr. Darren Wilder, Mr. Jacques Kriel.공시 • Aug 04Coronation Asset Management Proprietary Ltd. acquired a 40.02% stake in Fairvest Limited.Coronation Asset Management Proprietary Ltd. acquired a 40.02% stake in Fairvest Limited on August 2, 2023. Coronation Asset Management Proprietary Ltd. completed the acquisition of a 40.02% stake in Fairvest Limited on August 2, 2023.Upcoming Dividend • Jun 14Upcoming dividend of R0.65 per share at 9.1% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 26 June 2023. Trailing yield: 9.1%. Lower than top quartile of South African dividend payers (9.5%). In line with average of industry peers (9.9%).공시 • Jan 31Fairvest Limited, Annual General Meeting, Feb 28, 2023Fairvest Limited, Annual General Meeting, Feb 28, 2023, at 10:00 South Africa Standard Time. Location: The offices of Fairvest, 3rd Floor, Upper Building 1 Sturdee Avenue, Rosebank Johannesburg South AfricaUpcoming Dividend • Dec 14Upcoming dividend of R0.65 per shareEligible shareholders must have bought the stock before 21 December 2022. Payment date: 28 December 2022. Trailing yield: 9.4%. Within top quartile of South African dividend payers (8.7%). In line with average of industry peers (9.2%).Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. Independent Non-Executive Director Khegu Nkuna 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 • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Khegu Nkuna was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to R12.60, the stock trades at a trailing P/E ratio of 67.8x. Average trailing P/E is 9x in the REITs industry in South Africa.Board Change • Feb 12High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Arnold Basserabie is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Jan 28Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Non Executive Director Nozipho Makhoba was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.이익 및 매출 성장 예측JSE:FTA - 애널리스트 향후 추정치 및 과거 재무 데이터 (ZAR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수9/30/20281,6091,299N/AN/A19/30/20271,5181,204N/AN/A19/30/20261,3751,125N/AN/A19/30/20252,4021,466923923N/A6/30/20252,2891,258864864N/A3/31/20252,1751,050805805N/A12/31/20242,113988774774N/A9/30/20242,051926742742N/A6/30/20242,005800721721N/A3/31/20241,958674701701N/A12/31/20231,937665728728N/A9/30/20231,915655755755N/A9/30/20221,2681,710402402N/A3/31/20228601,536170170N/A6/30/2021554289247247N/A3/31/2021549219224224N/A12/31/2020538149201201N/A9/30/2020535137198198N/A6/30/2020538124195195N/A3/31/2020528174200200N/A12/31/2019518223205205N/A9/30/2019504227199199N/A6/30/2019490230N/A193N/A3/31/2019473258N/A185N/A12/31/2018457286N/A176N/A9/30/2018431280N/A161N/A6/30/2018404273N/A146N/A3/31/2018380295N/A135N/A12/31/2017356317N/A124N/A9/30/2017343308N/A129N/A6/30/2017331299N/A133N/A3/31/2017319293N/A137N/A12/31/2016307286N/A142N/A9/30/2016294254N/A130N/A6/30/2016280222N/A119N/A3/31/2016256203N/A123N/A12/31/2015233184N/A126N/A9/30/2015210172N/A102N/A6/30/2015188160N/A78N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: FTA 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -3.3%).수익 vs 시장: FTA 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -3.3%).고성장 수익: FTA 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: FTA 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -12.9%).고성장 매출: FTA 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -12.9%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: FTA의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/14 04:55종가2026/05/13 00:00수익2025/09/30연간 수익2025/09/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Fairvest Limited는 3명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Francois Du ToitAnchor Stockbrokers Proprietary LimitedTrinity NgobeniAnchor Stockbrokers Proprietary LimitedRofhiwa TshishongaAvior Capital Markets
Price Target Changed • 2hPrice target decreased by 9.2% to R18.70Down from R20.60, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of R18.10. Stock is up 7.1% over the past year. The company posted earnings per share of R0.88 last year.
Price Target Changed • Oct 31Price target increased by 16% to R22.10Up from R19.00, the current price target is provided by 1 analyst. New target price is 19% above last closing price of R18.50. Stock is up 2.8% over the past year. The company posted earnings per share of R0.62 last year.
Price Target Changed • 2hPrice target decreased by 9.2% to R18.70Down from R20.60, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of R18.10. Stock is up 7.1% over the past year. The company posted earnings per share of R0.88 last year.
New Risk • 11hNew major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (304% cash payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results.
New Risk • May 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (304% cash payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results.
공시 • Apr 25Fairvest Limited has filed a Follow-on Equity Offering in the amount of ZAR 500 million.Fairvest Limited has filed a Follow-on Equity Offering in the amount of ZAR 500 million. Security Name: B Shares Security Type: Common Stock Transaction Features: Subsequent Direct Listing
공시 • Apr 24Fairvest Limited has completed a Follow-on Equity Offering in the amount of ZAR 900.000003 million.Fairvest Limited has completed a Follow-on Equity Offering in the amount of ZAR 900.000003 million. Security Name: B Shares Security Type: Common Stock Securities Offered: 130,434,783 Price\Range: ZAR 6.9 Transaction Features: Subsequent Direct Listing
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improves as stock rises 19%After last week's 19% share price gain to R21.47, the stock trades at a trailing P/E ratio of 28.9x. Average forward P/E is 13x in the Retail REITs industry in South Africa. Total returns to shareholders of 103% over the past three years.
공시 • Jan 31Fairvest Limited, Annual General Meeting, Mar 02, 2026Fairvest Limited, Annual General Meeting, Mar 02, 2026. Location: 3rd floor, upper building, 1 sturdee avenue, rosebank, johannesburg, South Africa
Upcoming Dividend • Dec 17Upcoming dividend of R0.73 per shareEligible shareholders must have bought the stock before 22 December 2025. Payment date: 29 December 2025. Trailing yield: 7.8%. Within top quartile of South African dividend payers (7.6%). Higher than average of industry peers (6.3%).
New Risk • Dec 04New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major 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 Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (299% cash payout ratio). Large one-off items impacting financial results.
Reported Earnings • Dec 03Full year 2025 earnings releasedFull year 2025 results: Revenue: R2.18b (up 6.4% from FY 2024). Net income: R1.47b (up 58% from FY 2024). Profit margin: 67% (up from 45% in FY 2024). Revenue is forecast to decline by 12% p.a. on average during the next 3 years, while revenues in the Retail REITs industry in South Africa are expected to remain flat.
공시 • Nov 28Truffle Asset Management acquired 5.40% stake in Fairvest Limited (JSE:FTA).Truffle Asset Management acquired 5.40% stake in Fairvest Limited (JSE:FTA) on November 27, 2025. Truffle now holds 5.61% of Fairvest's total B shares in issue. Truffle Asset Management completed the acquisition of 5.40% stake in Fairvest Limited (JSE:FTA) on November 27, 2025.
공시 • Nov 12+ 1 more updateFairvest Limited to Report Fiscal Year 2026 Results on Nov 30, 2026Fairvest Limited announced that they will report fiscal year 2026 results on Nov 30, 2026
Price Target Changed • Oct 31Price target increased by 16% to R22.10Up from R19.00, the current price target is provided by 1 analyst. New target price is 19% above last closing price of R18.50. Stock is up 2.8% over the past year. The company posted earnings per share of R0.62 last year.
공시 • Oct 31+ 1 more updateFairvest Limited (JSE:FTA) concluded a sale of rental enterprises agreement to acquire Tugela Ferry Mall from Copperzone 163 Proprietary Limited for approximately ZAR 270 million.Fairvest Limited (JSE:FTA) concluded a sale of rental enterprises agreement to acquire Tugela Ferry Mall from Copperzone 163 Proprietary Limited for approximately ZAR 270 million on October 29, 2025. A cash consideration of ZAR 274.9 million will be paid by Fairvest Limited. As part of consideration, ZAR 274.9 million is paid towards assets of Tugela Ferry Mall. In related transaction, Fairvest Limited concluded a sale of rental enterprises agreement to acquire Jozini Mall from Greater Atlantic Properties Proprietary Limited. The Purchase Price will be payable in cash, funded by third-party financing. The transaction is subject to approval from competition authorities. The expected completion of the transaction is January 30, 2026.
공시 • Sep 16Fairvest Limited to Report Fiscal Year 2025 Results on Dec 01, 2025Fairvest Limited announced that they will report fiscal year 2025 results on Dec 01, 2025
공시 • Aug 28Coronation Asset Management Proprietary Ltd. acquired an additional minority stake in Fairvest Limited (JSE:FTA).Coronation Asset Management Proprietary Ltd. acquired an additional minority stake in Fairvest Limited (JSE:FTA) on August 28, 2025. Coronation Asset Management now holds 50.28% stake in Fairvest’s total A shares in issue. Coronation Asset Management Proprietary Ltd. completed the acquisition of an additional minority stake in Fairvest Limited (JSE:FTA) on August 28, 2025.
공시 • Aug 26+ 1 more updateFairvest Limited has filed a Follow-on Equity Offering in the amount of ZAR 970 million.Fairvest Limited has filed a Follow-on Equity Offering in the amount of ZAR 970 million. Security Name: B Shares Security Type: Common Stock Transaction Features: Subsequent Direct Listing
Declared Dividend • Jun 09First half dividend increased to R0.70Dividend of R0.70 is 2.7% higher than last year. Ex-date: 25th June 2025 Payment date: 30th June 2025 Dividend yield will be 8.2%, which is lower than the industry average of 9.2%.
공시 • May 13Fairvest Limited to Report First Half, 2025 Results on Jun 06, 2025Fairvest Limited announced that they will report first half, 2025 results on Jun 06, 2025
공시 • Mar 27Fairvest Limited has completed a Follow-on Equity Offering in the amount of ZAR 400 million.Fairvest Limited has completed a Follow-on Equity Offering in the amount of ZAR 400 million. Security Name: B Shares Security Type: Common Stock Securities Offered: 85,106,383 Price\Range: ZAR 4.7 Transaction Features: Subsequent Direct Listing
공시 • Feb 16Fairvest Limited Appoints Ntombenhle Bridget Duker as Independent Non-Executive Director and Member of the Audit and Risk Committee with Effect from 6 March 2025Shareholders are advised that Ms. Ntombenhle Bridget Duker has been appointed to the board of directors of Fairvest Limited as an independent non-executive director and member of the Audit and Risk Committee with effect from 6 March 2025. Bridget (Bcom (Hons), CA(SA)), started her career at Deloitte where she became an audit partner and led multi- disciplinary engagement teams servicing JSE listed clients in geographies spanning Africa, Europe and America during her 14 years at Deloitte. Thereafter, Bridget served as chief financial officer at African Rainbow Capital Investments Limited until 2019 before she joined Rothschild & Co South Africa as the chief operating officer and head of legal & compliance, a position she held until 2024. Bridget is currently a director of Absa Financial Services Limited. Previously she also served as an independent non-executive director of Assupol Holdings Limited and Assupol Life Limited Alexander Forbes Group Holdings Limited, A2X Markets Proprietary Limited, Colourfield Liability Solutions Proprietary Limited, Motus Holdings Limited and Imperial Holdings Limited.
공시 • Feb 01Fairvest Limited, Annual General Meeting, Mar 05, 2025Fairvest Limited, Annual General Meeting, Mar 05, 2025.
공시 • Jan 23Fairvest Ltd. Announces Board ChangesShareholders are advised that Nozipho Shange has informed the board of her intention to resign, effective 5 March 2025, following the conclusion of the Company's upcoming annual general meeting. Fikile Futwa, currently a member of the Audit and Risk Committee, will replace Nozioho as chairperson of the Audit and Risk Committee, effective 5 March 2025. The board thanks Nozipho for her contribution to Fairvest over the years and wishes her well in her future endeavours. Shareholders are further advised that Nadene Smith, has resigned as a member of the Social and Ethics Committee, but will remain as a standing invitee to committee meetings.
Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to R18.30, the stock trades at a trailing P/E ratio of 29.6x. Average forward P/E is 16x in the REITs industry in South Africa. Total returns to shareholders of 42% over the past year.
New Risk • Jan 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Dividend is not well covered by cash flows (279% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results.
Upcoming Dividend • Dec 17Upcoming dividend of R0.71 per shareEligible shareholders must have bought the stock before 23 December 2024. Payment date: 30 December 2024. Trailing yield: 8.1%. Within top quartile of South African dividend payers (7.7%). In line with average of industry peers (8.6%).
Declared Dividend • Dec 02Final dividend increased to R0.71Dividend of R0.71 is 3.8% higher than last year. Ex-date: 23rd December 2024 Payment date: 30th December 2024 Dividend yield will be 8.1%, which is lower than the industry average of 9.2%.
Reported Earnings • Dec 01Full year 2024 earnings releasedFull year 2024 results: Revenue: R2.05b (up 7.1% from FY 2023). Net income: R926.3m (up 42% from FY 2023). Profit margin: 45% (up from 34% in FY 2023). Revenue is expected to fall by 27% p.a. on average during the next 2 years compared to a 10% decline forecast for the REITs industry in South Africa.
공시 • Nov 29Fairvest Limited Declares Final Dividend for the Six Months Ended 30 September 2024, Payable on 30 December 2024The board of Fairvest Limited has resolved to declare a final dividend of 70.51767 cents per A share, and 22.05167 cents per B share, being 100% of the distributable income for the six months ended 30 September 2024 (2023: 100%). Shares trade ex-distribution: 23 December 2024. Record date: 27 December 2024. Payment date: 30 December 2024.
공시 • Nov 12Fairvest Limited to Report Fiscal Year 2024 Results on Nov 29, 2024Fairvest Limited announced that they will report fiscal year 2024 results on Nov 29, 2024
공시 • Jul 16Ninety One SA (Pty) Ltd. acquired an additional minority stake in Fairvest Limited (JSE:FTA).Ninety One SA (Pty) Ltd. acquired an additional minority stake in Fairvest Limited (JSE:FTA) on July 15, 2024. Post transaction Ninety One now holds 5.1092% of Fairvest's total B shares in issue. Ninety One SA (Pty) Ltd. completed the acquisition of an additional minority stake in Fairvest Limited (JSE:FTA) on July 15, 2024.
Upcoming Dividend • Jun 14Upcoming dividend of R0.68 per shareEligible shareholders must have bought the stock before 19 June 2024. Payment date: 24 June 2024. Trailing yield: 8.6%. Lower than top quartile of South African dividend payers (9.2%). Lower than average of industry peers (11%).
Declared Dividend • Jun 05First half dividend of R0.68 announcedShareholders will receive a dividend of R0.68. Ex-date: 19th June 2024 Payment date: 24th June 2024 Dividend yield will be 9.0%, which is about the same as the industry average.
Buy Or Sell Opportunity • Apr 30Now 22% overvaluedOver the last 90 days, the stock has fallen 1.6% to R15.89. The fair value is estimated to be R13.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last 3 years. Earnings per share has grown by 38%.
공시 • Mar 15An unknown buyer acquired unknown minority stake in Fairvest Limited (JSE:FTA) from Vukile Property Fund Limited (JSE:VKE).An unknown buyer acquired unknown minority stake in Fairvest Limited (JSE:FTA) from Vukile Property Fund Limited (JSE:VKE) on March 15, 2024. Pursuant to deal Vukile no longer holds any Fairvest B shares. In related transaction MICC Properties Limited, a wholly-owned subsidiary of Vukile also disposed the class B shares of Fairvest. An unknown buyer completed the acquisition of unknown minority stake in Fairvest Limited (JSE:FTA) from Vukile Property Fund Limited (JSE:VKE) on March 15, 2024.
Buy Or Sell Opportunity • Mar 12Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to R15.99. The fair value is estimated to be R13.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last 3 years. Earnings per share has grown by 38%.
공시 • Jan 31Fairvest Limited, Annual General Meeting, Mar 05, 2024Fairvest Limited, Annual General Meeting, Mar 05, 2024, at 10:00 South Africa Standard Time. Location: offices of Fairvest, 3rd Floor, Upper Building, 1 Sturdee Avenue, Rosebank Johannesburg South Africa Agenda: To consider Election of F Futwa and M Buya; to consider Re-election of K Nkuna, J Wiese and J Krie; to consider reappointment of members of the Audit and Risk Committee; to consider appointment of auditors; to consider General authority to issue shares for cash; to consider Non-binding advisory vote on Remuneration Policy and Remuneration Implementation Report; to consider Authority to sell Treasury Shares; to consider Specific authority to issue shares pursuant to a reinvestment option; and to consider any other matters.
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to R16.77, the stock trades at a trailing P/E ratio of 38.2x. Average forward P/E is 20x in the REITs industry in South Africa. Total returns to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at R11.83 per share.
Upcoming Dividend • Dec 13Upcoming dividend of R0.68 per share at 9.1% yieldEligible shareholders must have bought the stock before 20 December 2023. Payment date: 27 December 2023. Trailing yield: 9.1%. Lower than top quartile of South African dividend payers (9.4%). In line with average of industry peers (9.9%).
Reported Earnings • Dec 03Full year 2023 earnings releasedFull year 2023 results: EPS: R0.43. Revenue: R1.91b (up 51% from FY 2022). Net income: R654.8m (down 62% from FY 2022). Profit margin: 34% (down from 135% in FY 2022). Revenue is expected to fall by 8.1% p.a. on average during the next 2 years compared to a 4.5% decline forecast for the REITs industry in South Africa.
공시 • Nov 30Fairvest Property Holdings Limited Declares Final Dividend, Payable on 27 December 2023The Board of Fairvest Limited has resolved to declare a final dividend (dividend number 17) of 67.93610 cents per A share and 20.32351 per B share, being 100% of the distributable income for the period (2023 interim: 100%).The dividend will be paid to shareholders in accordance with the timetable set out below: Last date to trade cum distribution is 19 December 2023. Shares trade ex-distribution is 20 December 2023. Record date is 22 December 2023.Payment date is 27 December 2023.
공시 • Nov 15Fairvest Limited to Report Fiscal Year 2023 Results on Nov 29, 2023Fairvest Limited announced that they will report fiscal year 2023 results on Nov 29, 2023
공시 • Sep 01Fairvest Limited Announces Changes to the Board of Directors, Changes to the Composition of Board CommitteesThe Board of Fairvest Limited announced the appointment of Ms Fikile Futwa and Mr. Mtheza Buya as independent non-executive directors of the Company with effect from 1 October 2023. Fikile is a CA(SA) having had senior financial positions at Eskom and Discovery Limited. She is the founder and CEO of Your Financial Partner and serves as a non-executive director for MiX Telematics Limited. Mtheza holds an LLB and was admitted as an Advocate of the High Court. After various corporate roles at KPMG and EOH Holdings Limited, he founded Sthathu Group Holdings Proprietary Limited, which invests in commercial and residential real estate. The Board welcomes Fikile and Mtheza and looks forward to their contribution to the Company. RESIGNATION OF DIRECTOR: Mr. Arnold Basserabie has resigned as an independent non-executive director of the Company and as a member of the Investment Committee with effect from 30 September 2023. The Board would like to thank Arnold for his valuable contribution to the Company and wishes him well in his future endeavours. CHANGES TO THE COMPOSITION OF BOARD COMMITTEES: Shareholders are advised that following their appointments to the Board, Ms Fikile Futwa will be appointed as a member of both the Audit and Risk Committee and the Social and Ethics Committee of the Company and Mr. Mtheza Buya will be appointed as a member of the Investment Committee of the Company. Shareholders are further advised that Mr. Arnold Basserabie, Ms Khegu Nkuna, Ms Nozipho Shange, Mr. Louis Andrag and Adv Jacob Wiese have resigned as members of the Investment Committee. Subsequent to the above changes, the committees will now comprise the following members: Audit and Risk Committee: Ms Nozipho Shange (Chairperson), Ms Khegu Nkuna, Adv Jacob Wiese, Ms Fikile Futwa; Social and Ethics Committee: Mr. Louis Andrag (Chairperson), Ms Fikile Futwa, Mr. Riaz Kader, Ms Nadene Smith; Investment Committee: Mr. Ndabezinhle Mkhize (Chairperson), Mr. Jacques du Toit, Mr. Mtheza Buya, Mr. Darren Wilder, Mr. Jacques Kriel.
공시 • Aug 04Coronation Asset Management Proprietary Ltd. acquired a 40.02% stake in Fairvest Limited.Coronation Asset Management Proprietary Ltd. acquired a 40.02% stake in Fairvest Limited on August 2, 2023. Coronation Asset Management Proprietary Ltd. completed the acquisition of a 40.02% stake in Fairvest Limited on August 2, 2023.
Upcoming Dividend • Jun 14Upcoming dividend of R0.65 per share at 9.1% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 26 June 2023. Trailing yield: 9.1%. Lower than top quartile of South African dividend payers (9.5%). In line with average of industry peers (9.9%).
공시 • Jan 31Fairvest Limited, Annual General Meeting, Feb 28, 2023Fairvest Limited, Annual General Meeting, Feb 28, 2023, at 10:00 South Africa Standard Time. Location: The offices of Fairvest, 3rd Floor, Upper Building 1 Sturdee Avenue, Rosebank Johannesburg South Africa
Upcoming Dividend • Dec 14Upcoming dividend of R0.65 per shareEligible shareholders must have bought the stock before 21 December 2022. Payment date: 28 December 2022. Trailing yield: 9.4%. Within top quartile of South African dividend payers (8.7%). In line with average of industry peers (9.2%).
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. Independent Non-Executive Director Khegu Nkuna 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 • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Khegu Nkuna was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to R12.60, the stock trades at a trailing P/E ratio of 67.8x. Average trailing P/E is 9x in the REITs industry in South Africa.
Board Change • Feb 12High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Arnold Basserabie is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Jan 28Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Non Executive Director Nozipho Makhoba was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.