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Texton Property Fund Stock Price

Symbol: JSE:TEXMarket Cap: R813.8mCategory: Real Estate

TEX Share Price Performance

TEX Community Fair Values

    Recent TEX News & Updates

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    Texton Property Fund Limited Key Details

    R291.8m

    Revenue

    R106.8m

    Cost of Revenue

    R185.0m

    Gross Profit

    R145.1m

    Other Expenses

    R39.9m

    Earnings

    Last Reported Earnings
    Dec 31, 2024
    Next Reporting Earnings
    n/a
    Earnings per share (EPS)
    0.13
    Gross Margin
    63.39%
    Net Profit Margin
    13.67%
    Debt/Equity Ratio
    38.3%

    Texton Property Fund Limited Competitors

     
     
     
     
     
     
     
     
     
     
     
     

    About TEX

    Founded
    n/a
    Employees
    n/a
    CEO
    Jonathan Rens
    WebsiteView website
    www.texton.co.za

    Texton Property Fund Limited (TEX) is a Real Estate Investment Trust with a portfolio of direct and indirect holdings in properties within the commercial sector of South Africa and the United Kingdom. The fund’s history dates back to 2006. Texton shares were first listed on the Johannesburg Stock Exchange (JSE) in 2011. The Fund has achieved success through a diversified property portfolio in industrial, retail and office property and continues to invest directly in income producing properties that offer potential for capital appreciation. The overall objective of the Fund is to be the market leader in capital allocation across asset classes within the real estate sector, in order to optimise returns over time for shareholders. The strategic focus is diversification across sectors and geographies in order to maximise the growth in value for stakeholders. Diversification serves to limit risk and enhance the consistency of returns, ensuring that investors are best able to meet their investment performance objectives.

    South African Market Performance

    • 7 Days: -0.4%
    • 3 Months: 5.9%
    • 1 Year: 19.1%
    • Year to Date: 12.8%
    In the last week, the market has stayed flat, however the Communication Services sector stood out, gaining 4.5%. More promisingly, the market is up 19% over the past year. As for the next few years, earnings are expected to grow by 19% per annum. Market details ›
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