Oryx Properties Limited is a real estate investment trust managed by Oryx Management Services (Pty) Ltd.
Oryx Properties Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R11.35|
|52 Week High||R10.00|
|52 Week Low||R16.96|
|1 Month Change||-0.44%|
|3 Month Change||-0.79%|
|1 Year Change||-33.12%|
|3 Year Change||-43.67%|
|5 Year Change||-46.86%|
|Change since IPO||111.56%|
Recent News & Updates
|ORY||NA REITs||NA Market|
Return vs Industry: ORY underperformed the NA REITs industry which returned 38.7% over the past year.
Return vs Market: ORY underperformed the NA Market which returned -1.8% over the past year.
Stable Share Price: Insufficient data to determine ORY's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine ORY's volatility change over the past year.
About the Company
Oryx Properties Limited is a real estate investment trust managed by Oryx Management Services (Pty) Ltd. The fund acquires, maintain, and manage an investment portfolio of properties. It invests in high quality retail, industrial, and commercial properties located mainly in the major metropolitan areas of Namibia.
Oryx Properties Fundamentals Summary
|ORY fundamental statistics|
Is ORY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ORY income statement (TTM)|
|Cost of Revenue||N$108.97m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.11|
|Net Profit Margin||28.88%|
How did ORY perform over the long term?See historical performance and comparison
7.6%Current Dividend Yield
Is Oryx Properties 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: ORY (ZAR11.35) is trading below our estimate of fair value (ZAR14.94)
Significantly Below Fair Value: ORY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ORY is poor value based on its PE Ratio (10.2x) compared to the African REITs industry average (9.9x).
PE vs Market: ORY is poor value based on its PE Ratio (10.2x) compared to the NA market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ORY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ORY's PB Ratio (0.5x) is in line with the XF REITs industry average.
How is Oryx Properties 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 Oryx Properties 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 Oryx Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORY has a large one-off loss of NAD87.7M impacting its June 30 2021 financial results.
Growing Profit Margin: ORY became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ORY's earnings have declined by 20.7% per year over the past 5 years.
Accelerating Growth: ORY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ORY has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (2.5%).
Return on Equity
High ROE: ORY's Return on Equity (5.3%) is considered low.
How is Oryx Properties's financial position?
Financial Position Analysis
Short Term Liabilities: ORY's short term assets (NAD39.0M) do not cover its short term liabilities (NAD171.6M).
Long Term Liabilities: ORY's short term assets (NAD39.0M) do not cover its long term liabilities (NAD1.2B).
Debt to Equity History and Analysis
Debt Level: ORY's debt to equity ratio (66.7%) is considered high.
Reducing Debt: ORY's debt to equity ratio has increased from 44.1% to 66.7% over the past 5 years.
Debt Coverage: ORY's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: ORY's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is Oryx Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ORY's dividend (7.6%) is higher than the bottom 25% of dividend payers in the NA market (3.28%).
High Dividend: ORY's dividend (7.6%) is low compared to the top 25% of dividend payers in the NA market (7.62%).
Stability and Growth of Payments
Stable Dividend: ORY's dividend payments have been volatile in the past 10 years.
Growing Dividend: ORY's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (102.2%), ORY's dividend payments are not well 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 board tenure
Ben Jooste (42 yo)
Mr. Ben Jooste is an Executive Director and Chief Executive Officer of Oryx Properties Ltd., since April 1, 2018. Mr. Jooste holds an MBA in business administration at London Westminster Business School.
CEO Compensation Analysis
Compensation vs Market: Ben's total compensation ($USD246.87K) is about average for companies of similar size in the NA market ($USD262.35K).
Compensation vs Earnings: Ben's compensation has been consistent with company performance over the past year.
Experienced Board: ORY's board of directors are considered experienced (3.5 years average tenure).
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.
Oryx Properties Limited's employee growth, exchange listings and data sources
- Name: Oryx Properties Limited
- Ticker: ORY
- Exchange: NMSE
- Founded: NaN
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: R991.750m
- Shares outstanding: 87.38m
- Website: https://www.oryxprop.com
Number of Employees
- Oryx Properties Limited
- Maerua Mall Office Tower
- Second Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/13 17:04|
|End of Day Share Price||2021/10/12 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.