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. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 0/6 |
| Dividends | 2/6 |
My Notes
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Fortress Real Estate Investments Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R20.16 |
| 52 Week High | R21.25 |
| 52 Week Low | R6.95 |
| Beta | 1.69 |
| 1 Month Change | 1.82% |
| 3 Month Change | -0.93% |
| 1 Year Change | 183.94% |
| 3 Year Change | 530.00% |
| 5 Year Change | 155.51% |
| Change since IPO | -33.02% |
Recent News & Updates
Recent updates
Shareholder Returns
| FFB | ZA Real Estate | ZA Market | |
|---|---|---|---|
| 7D | -0.4% | -0.7% | -0.3% |
| 1Y | 183.9% | 24.5% | 7.8% |
Return vs Industry: FFB exceeded the ZA Real Estate industry which returned 24.5% over the past year.
Return vs Market: FFB exceeded the ZA Market which returned 7.8% over the past year.
Price Volatility
| FFB volatility | |
|---|---|
| FFB Average Weekly Movement | 3.0% |
| Real Estate Industry Average Movement | 4.7% |
| Market Average Movement | 4.2% |
| 10% most volatile stocks in ZA Market | 9.2% |
| 10% least volatile stocks in ZA Market | 2.5% |
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 | R24.04b |
| Earnings (TTM) | R4.33b |
| Revenue (TTM) | R6.51b |
5.5x
P/E Ratio3.7x
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
7.0%
Current Dividend Yield41%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:46 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Fortress Real Estate Investments Limited is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mahir Hamdulay | Absa Bank Limited |
| Francois Du Toit | Anchor Stockbrokers Proprietary Limited |
| Yesh Pillay | Anchor Stockbrokers Proprietary Limited |