SFS Real Estate Investment Trust Fund Past Earnings Performance
Past criteria checks 4/6
SFS Real Estate Investment Trust Fund has been growing earnings at an average annual rate of 12.7%, while the Real Estate industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 8.9% per year. SFS Real Estate Investment Trust Fund's return on equity is 12.5%, and it has net margins of 93.3%.
Key information
12.7%
Earnings growth rate
12.7%
EPS growth rate
| Real Estate Industry Growth | 7.5% |
| Revenue growth rate | 8.9% |
| Return on equity | 12.5% |
| Net Margin | 93.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How SFS Real Estate Investment Trust Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 346 | 323 | 21 | 0 |
| 31 Dec 23 | 338 | 318 | 18 | 0 |
| 30 Sep 23 | 318 | 245 | 28 | 0 |
| 30 Jun 23 | 289 | 221 | 23 | 0 |
| 31 Mar 23 | 263 | 203 | 16 | 0 |
| 31 Dec 22 | 248 | 187 | 16 | 0 |
| 30 Sep 22 | 239 | 172 | 8 | 0 |
| 30 Jun 22 | 243 | 174 | 10 | 0 |
| 31 Mar 22 | 239 | 173 | 7 | 0 |
| 31 Dec 21 | 233 | 161 | 15 | 0 |
| 30 Sep 21 | 227 | 159 | 10 | 0 |
| 30 Jun 21 | 224 | 162 | 17 | 0 |
| 31 Mar 21 | 224 | 167 | 17 | 0 |
| 31 Dec 20 | 224 | 175 | 12 | 0 |
| 30 Sep 20 | 224 | 168 | 23 | 0 |
| 30 Jun 20 | 225 | 167 | 13 | 0 |
| 31 Mar 20 | 225 | 163 | 14 | 0 |
| 31 Dec 19 | 221 | 162 | 11 | 0 |
| 30 Sep 19 | 218 | 165 | 10 | 0 |
| 30 Jun 19 | 215 | 153 | 14 | 0 |
| 31 Mar 19 | 212 | 150 | 13 | 0 |
| 31 Dec 18 | 215 | 153 | 14 | 0 |
| 30 Sep 18 | 205 | 147 | 11 | 0 |
| 30 Jun 18 | 216 | 163 | 12 | 0 |
| 31 Mar 18 | 223 | 173 | 11 | 0 |
| 31 Dec 17 | 219 | 168 | 11 | 0 |
| 31 Mar 17 | 195 | 153 | 2 | 0 |
| 31 Dec 16 | 189 | 149 | 10 | 0 |
| 31 Mar 16 | 195 | 154 | 7 | 0 |
| 31 Dec 15 | 200 | 159 | 7 | 0 |
| 30 Sep 15 | 203 | 161 | 8 | 0 |
| 31 Mar 15 | 187 | 144 | 7 | 0 |
| 31 Dec 14 | 174 | 129 | 8 | 0 |
| 30 Sep 14 | 182 | 124 | 0 | 0 |
| 30 Jun 14 | 175 | 116 | 2 | 0 |
| 31 Mar 14 | 180 | 121 | 2 | 0 |
| 31 Dec 13 | 169 | 112 | 12 | 0 |
| 30 Sep 13 | 149 | 124 | 5 | 0 |
| 30 Jun 13 | 141 | 117 | 0 | 0 |
Quality Earnings: SFSREIT has a large one-off gain of NGN57.7M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: SFSREIT's current net profit margins (93.3%) are higher than last year (77.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SFSREIT's earnings have grown by 12.7% per year over the past 5 years.
Accelerating Growth: SFSREIT's earnings growth over the past year (59.2%) exceeds its 5-year average (12.7% per year).
Earnings vs Industry: SFSREIT earnings growth over the past year (59.2%) exceeded the Real Estate industry 19.6%.
Return on Equity
High ROE: SFSREIT's Return on Equity (12.5%) is considered low.