Heriot REIT (HET) 주식 개요는 부동산 지주 회사로 운영됩니다. 자세히 보기HET 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적3/6재무 건전성0/6배당3/6강점주가수익률(6.4x)이 ZA 시장(8.6x)보다 낮습니다.지난 5년 동안 수입이 매년 30.9% 증가했습니다.위험 분석이자 지급액이 수익으로 잘 충당되지 않음재무 결과에 영향을 미치는 대규모 일회성 항목모든 위험 점검 보기HET Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW492,687 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 NarrativeBLINROAG492,687 investors already sharing narrativesYour Fair ValueRCurrent PriceR26.0043.0% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-15m7b2016201920222025202620282031Revenue R6.7bEarnings R5.1bAdvancedSet Fair ValueView all narrativesHeriot REIT Limited 경쟁사SA Real EstateSymbol: JSE:SACMarket cap: R10.1bBurstone GroupSymbol: JSE:BTNMarket cap: R7.6bSpear ReitSymbol: JSE:SEAMarket cap: R5.5bAttacqSymbol: JSE:ATTMarket cap: R12.3b가격 이력 및 성과Heriot REIT 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가R26.0052주 최고가R26.0052주 최저가R14.50베타0.0221개월 변동13.04%3개월 변동13.04%1년 변동62.50%3년 변동126.09%5년 변동126.09%IPO 이후 변동160.00%최근 뉴스 및 업데이트분석 기사 • 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.더 많은 업데이트 보기Recent updates분석 기사 • 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.분석 기사 • 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.공시 • 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.분석 기사 • 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...공시 • 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 Africa공시 • 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.공시 • 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%.공시 • 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.공시 • 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.공시 • 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.공시 • 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%).공시 • 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.공시 • 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%).분석 기사 • 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%).주주 수익률HETZA REITsZA 시장7D0%0.2%-0.8%1Y62.5%29.9%12.6%전체 주주 수익률 보기수익률 대 산업: HET은 지난 1년 동안 29.9%의 수익을 기록한 ZA REITs 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: HET은 지난 1년 동안 12.6%를 기록한 ZA 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is HET's price volatile compared to industry and market?HET volatilityHET Average Weekly Movement3.7%REITs Industry Average Movement3.4%Market Average Movement4.5%10% most volatile stocks in ZA Market9.6%10% least volatile stocks in ZA Market2.7%안정적인 주가: HET는 지난 3개월 동안 ZA 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: HET의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트n/an/aRichard Herringwww.heriotreit.com헤리엇 프로퍼티즈(Pty)는 부동산 지주회사로 운영되고 있습니다. 이 회사는 투자 분석, 프로젝트 관리, 부동산 개발 및 관리, 소매 서비스를 제공합니다. 이 회사의 프로젝트에는 산업, 소매, 사무실 및 기타 프로젝트가 포함됩니다.더 보기Heriot REIT Limited 기초 지표 요약Heriot REIT의 순이익과 매출은 시가총액과 어떻게 비교됩니까?HET 기초 통계시가총액R8.30b순이익 (TTM)R1.31b매출 (TTM)R1.73b6.4x주가수익비율(P/E)4.8x주가매출비율(P/S)HET는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표HET 손익계산서 (TTM)매출R1.73b매출원가R690.58m총이익R1.04b기타 비용-R264.96m순이익R1.31b최근 보고된 실적Dec 31, 2025다음 실적 발표일해당 없음주당순이익(EPS)4.09총이익률60.15%순이익률75.44%부채/자본 비율80.2%HET의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당5.1%현재 배당 수익률93%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/12 04:19종가2026/07/10 00:00수익2025/12/31연간 수익2025/06/30데이터 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Heriot REIT Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.
공시 • 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.
분석 기사 • 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...
공시 • 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
공시 • 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.
공시 • 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%.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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%).
공시 • 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.
공시 • 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%).
분석 기사 • 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%).
