FFB Stock Overview
Fortress is a real estate investment company with a focus on developing and letting premium-grade logistics real estate in SA and CEE, as well as growing our convenience and commuter-oriented retail portfolio.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 0/6 |
| Dividends | 2/6 |
Fortress Real Estate Investments Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R19.24 |
| 52 Week High | R21.25 |
| 52 Week Low | R5.70 |
| Beta | 1.6 |
| 11 Month Change | -4.85% |
| 3 Month Change | 13.44% |
| 1 Year Change | 224.45% |
| 33 Year Change | 609.96% |
| 5 Year Change | 113.78% |
| Change since IPO | -36.08% |
Recent News & Updates
Recent updates
Shareholder Returns
| FFB | ZA Real Estate | ZA Market | |
|---|---|---|---|
| 7D | -5.8% | -2.8% | -1.3% |
| 1Y | 224.5% | 47.4% | 17.7% |
Return vs Industry: FFB exceeded the ZA Real Estate industry which returned 47.4% over the past year.
Return vs Market: FFB exceeded the ZA Market which returned 17.7% over the past year.
Price Volatility
| FFB volatility | |
|---|---|
| FFB Average Weekly Movement | 3.2% |
| Real Estate Industry Average Movement | 6.9% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in ZA Market | 9.3% |
| 10% least volatile stocks in ZA Market | 2.7% |
Stable Share Price: FFB has not had significant price volatility in the past 3 months compared to the ZA market.
Volatility Over Time: FFB's weekly volatility has decreased from 15% to 3% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | Steve Brown | www.fortressfund.co.za |
Fortress is a real estate investment company with a focus on developing and letting premium-grade logistics real estate in SA and CEE, as well as growing our convenience and commuter-oriented retail portfolio. Fortress also holds, at the date of this report, a 16,2% interest in NEPI Rockcastle, the largest listed property company on the JSE, with a EUR7 billion portfolio across nine CEE countries. This holding reduced from 24,2% at 31 December 2023 to 16,2% at the date of this report.
Fortress Real Estate Investments Limited Fundamentals Summary
| FFB fundamental statistics | |
|---|---|
| Market cap | R22.86b |
| Earnings (TTM) | R4.33b |
| Revenue (TTM) | R6.51b |
5.3x
P/E Ratio3.5x
P/S RatioIs FFB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FFB income statement (TTM) | |
|---|---|
| Revenue | R6.51b |
| Cost of Revenue | R1.88b |
| Gross Profit | R4.64b |
| Other Expenses | R303.07m |
| Earnings | R4.33b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.63 |
| Gross Margin | 71.17% |
| Net Profit Margin | 66.52% |
| Debt/Equity Ratio | 71.9% |
How did FFB perform over the long term?
See historical performance and comparisonDividends
7.3%
Current Dividend Yield41%
Payout RatioDoes FFB pay a reliable dividends?
See FFB dividend history and benchmarks| Fortress Real Estate Investments dividend dates | |
|---|---|
| Ex Dividend Date | Oct 30 2024 |
| Dividend Pay Date | Nov 05 2024 |
| Days until Ex dividend | 6 days |
| Days until Dividend pay date | 0 days |
Does FFB pay a reliable dividends?
See FFB dividend history and benchmarks