No business description
Price History & Performance
|Historical stock prices|
|Current Share Price||KSh6.52|
|52 Week High||KSh5.04|
|52 Week Low||KSh7.48|
|1 Month Change||-7.12%|
|3 Month Change||-2.10%|
|1 Year Change||21.19%|
|3 Year Change||-34.80%|
|5 Year Change||-50.61%|
|Change since IPO||-67.32%|
Recent News & Updates
|FAHR||KE REITs||KE Market|
Return vs Industry: FAHR underperformed the KE REITs industry which returned 38.8% over the past year.
Return vs Market: FAHR underperformed the KE Market which returned 30% over the past year.
Stable Share Price: FAHR is not significantly more volatile than the rest of KE stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FAHR's weekly volatility (5%) has been stable over the past year.
About the Company
STANLIB Fahari I-REIT Fundamentals Summary
|FAHR fundamental statistics|
Is FAHR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FAHR income statement (TTM)|
|Cost of Revenue||KSh206.70m|
Last Reported Earnings
Jun 30, 2020
Next Earnings Date
|Earnings per share (EPS)||1.02|
|Net Profit Margin||50.67%|
How did FAHR perform over the long term?See historical performance and comparison
9.2%Current Dividend Yield
Is STANLIB Fahari I-REIT undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FAHR (KES6.52) is trading below our estimate of fair value (KES11.48)
Significantly Below Fair Value: FAHR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FAHR is good value based on its PE Ratio (6.4x) compared to the African REITs industry average (9.9x).
PE vs Market: FAHR is good value based on its PE Ratio (6.4x) compared to the KE market (6.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FAHR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FAHR is good value based on its PB Ratio (0.3x) compared to the XF REITs industry average (0.6x).
How is STANLIB Fahari I-REIT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as STANLIB Fahari I-REIT has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has STANLIB Fahari I-REIT performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: FAHR has a large one-off gain of KES39.5M impacting its June 30 2020 financial results.
Growing Profit Margin: FAHR's current net profit margins (50.7%) are higher than last year (49.9%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if FAHR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: FAHR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FAHR had negative earnings growth (-9.4%) over the past year, making it difficult to compare to the REITs industry average (111.5%).
Return on Equity
High ROE: FAHR's Return on Equity (5%) is considered low.
How is STANLIB Fahari I-REIT's financial position?
Financial Position Analysis
Short Term Liabilities: FAHR's short term assets (KES333.6M) exceed its short term liabilities (KES102.9M).
Long Term Liabilities: FAHR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FAHR is debt free.
Reducing Debt: FAHR has not had any debt for past 5 years.
Debt Coverage: FAHR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FAHR has no debt, therefore coverage of interest payments is not a concern.
What is STANLIB Fahari I-REIT current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FAHR's dividend (9.2%) is higher than the bottom 25% of dividend payers in the KE market (4.19%).
High Dividend: FAHR's dividend (9.2%) is in the top 25% of dividend payers in the KE market (7.8%)
Stability and Growth of Payments
Stable Dividend: FAHR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FAHR's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (87.5%), FAHR's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Einstein Kihanda serves as Chief Executive Officer of ICEA LION Asset Management Limited of STANLIB Fahari I-REIT since August 2020 and served as its Acting Chief Executive Officer of ICEA LION Asset M...
Experienced Management: FAHR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
STANLIB Fahari I-REIT's employee growth, exchange listings and data sources
- Name: STANLIB Fahari I-REIT
- Ticker: FAHR
- Exchange: NASE
- Founded: NaN
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: KSh1.180b
- Shares outstanding: 180.97m
- Website: https://www.stanlibfahariireit.com
- STANLIB Fahari I-REIT
- Liberty House
- 1st Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:37|
|End of Day Share Price||2021/10/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.