Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to R6.98, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 8x in the Real Estate industry in South Africa. Total returns to shareholders of 118% over the past three years. Board Change • Jun 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Director Hayden Hartley is the most experienced director on the board, commencing their role in 2016. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 05
Investor sentiment deteriorates as stock falls 32% After last week's 32% share price decline to R4.00, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 7x in the Real Estate industry in South Africa. Total returns to shareholders of 32% over the past three years. Declared Dividend • Mar 20
First half dividend of R0.085 announced Shareholders will receive a dividend of R0.085. Ex-date: 8th April 2026 Payment date: 13th April 2026 Dividend yield will be 2.9%, which is lower than the industry average of 8.8%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 34% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 11
Putprop Limited to Report First Half, 2026 Results on Mar 18, 2026 Putprop Limited announced that they will report first half, 2026 results on Mar 18, 2026 Announcement • Feb 17
Putprop Limited Appoints Ms. Janys Ann Finn as Independent Non-Executive Director and Chairperson, Effective February 16, 2026 Putprop Limited announced the appointment of Ms. Janys Ann Finn as an Independent Non-executive Director to serve as Chairperson of the Board and as a member of the Audit, Risk, Remuneration and Nomination, and the Social and Ethics Committees of the Company, with immediate effect. The Board confirms that it has undertaken a fit and proper assessment of Ms Finn and is satisfied with the outcome. Ms Finn is a Chartered Accountant with over two decades of experience as a financial director in the listed property sector, and over 18 years in the audit profession. She has served as Chief Financial Officer of Metboard Property Fund, Redefine Properties Limited, Rebosis Property Fund Limited, Heriot REIT Limited and Thibault REIT Limited and serves as an Independent Non-executive Director of SA Corporate Real Estate Limited. In addition, Ms Finn played a key role in the merger of ApexHi, Madison and Redefine, in the listings of Heriot on the AltX of the JSE in 2017 and of Thibault on the Cape Town Stock Exchange in July 2023. Ms Finn was appointed as a Non-executive Director of Heriot in 2022, when she stepped down as Heriot’s CFO. She resigned from the Heriot Group in 2024. Meeting date: February 16, 2026. Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to R5.99, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 6x in the Real Estate industry in South Africa. Total returns to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to R4.75, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 6x in the Real Estate industry in South Africa. Total returns to shareholders of 24% over the past three years. New Risk • Dec 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (R201.4m market cap, or US$12.0m). Board Change • Dec 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-executive Director Rene Styber was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 146% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Market cap is less than US$10m (R148.4m market cap, or US$8.67m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to R3.50, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 6x in the Real Estate industry in South Africa. Total loss to shareholders of 1.7% over the past three years. Announcement • Nov 07
Putprop Limited Announces Committee Member Appointment Withdrawn Putprop Limited announced at the AGM held on November 6, 2025, Withdrawn to appoint Mr. J Smith and Mr. B Carleo as a member of the Putprop ESE&T Committee. Announcement • Oct 29
Putprop Limited Announces Resignation of Gerrit H Van Heerden Has Resigned as an Independent Non-Executive Director, Effective 6 November 2025 Putprop Limited notified its shareholders that Mr. Gerrit H van Heerden has resigned as an independent non-executive director, and a member of the Audit Committee and the Environmental, Social, Ethics and Transformation Committee ("Committees") with effect from 6 November 2025, and has informed the Board that he will therefore not make himself available for appointment to the
Committees at the annual general meeting ("AGM") on such date. Accordingly, ordinary resolution numbers 3.3 and 4.4 recommending Mr. van Heerden's appointment as a member of the Audit Committee and a member of the Environmental, Social, Ethics and Transformation Committee, respectively are hereby withdrawn. The numbering of all other proposed resolutions at the AGM remains unchanged. The Company will commence the process to appoint a suitable replacement independent non-executive
director in due course and shareholders will be advised once such an appointment has been made. Announcement • Oct 28
Putprop Limited Announces Retirement of Daniele Torricelli as Non-Executive Director, the Chairman of the Board and A Member and Chair of the Environmental, Social, Ethics and Transformation Committee, Effective November 6, 2025 Putprop Limited announced that Mr. Daniele Torricelli, an independent non-executive director, the Chairman of the Board and a member and chair of the Environmental, Social, Ethics and Transformation Committee ("Committee"), who, in terms of the Company's memorandum of incorporation, is set to retire by rotation at the forthcoming annual general meeting ("AGM") on 6 November 2025, has informed the Board that he will not make himself available for re-election and accordingly will retire from the Board and Committee at the conclusion of that meeting. Board Change • Oct 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Gerrit Van Heerden was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 06
Putprop Limited, Annual General Meeting, Nov 06, 2025 Putprop Limited, Annual General Meeting, Nov 06, 2025. Location: boardroom 1, 22 impala road, chislehurston, sandton South Africa Announcement • Sep 05
Putprop Limited Declares Dividend in Respect of the Year Ended 30 June 2025, Payable on 6 October 2025 The Board of Putprop Limited announced the declaration of a dividend of 8.50 cents per ordinary share in respect of the year ended 30 June 2025 (2024: 8.5 cents), thus bringing the total dividend payable for the year to 15.50 cents (2024: 14.50 cents). Trading commences ex dividend: 1 October 2025, Record date: 3 October 2025, Date of payment: 6 October 2025. Announcement • Aug 27
Putprop Limited to Report Fiscal Year 2025 Results on Sep 03, 2025 Putprop Limited announced that they will report fiscal year 2025 results on Sep 03, 2025 Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to R4.37, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 6x in the Real Estate industry in South Africa. Total returns to shareholders of 38% over the past three years. New Risk • Jul 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Market cap is less than US$10m (R166.2m market cap, or US$9.24m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change). Board Change • Jun 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Gerrit Van Heerden was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 23
CEO, GM & Executive Director recently bought R212k worth of stock On the 19th of March, Bruno Carleo bought around 62k shares on-market at roughly R3.42 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Bruno's only on-market trade for the last 12 months. Reported Earnings • Mar 12
First half 2025 earnings released: EPS: R0.083 (vs R0.22 in 1H 2024) First half 2025 results: EPS: R0.083 (down from R0.22 in 1H 2024). Revenue: R76.5m (up 7.0% from 1H 2024). Net income: R3.53m (down 62% from 1H 2024). Profit margin: 4.6% (down from 13% in 1H 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Declared Dividend • Mar 10
First half dividend of R0.07 announced Shareholders will receive a dividend of R0.07. Ex-date: 26th March 2025 Payment date: 31st March 2025 Dividend yield will be 4.9%, which is lower than the industry average of 8.8%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 82% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.7% EPS decline seen over the last 5 years. Buy Or Sell Opportunity • Mar 06
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.1% to R3.00. The fair value is estimated to be R3.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 2.6%. Buy Or Sell Opportunity • Feb 11
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.5% to R3.31. The fair value is estimated to be R4.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 2.6%. Buy Or Sell Opportunity • Jan 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.5% to R3.32. The fair value is estimated to be R4.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 2.6%. New Risk • Jan 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Share price has been highly volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$10m (R139.9m market cap, or US$7.38m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to R3.83, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 4x in the Real Estate industry in South Africa. Total returns to shareholders of 13% over the past three years. Buy Or Sell Opportunity • Jan 02
Now 29% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to R3.00. The fair value is estimated to be R4.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 2.6%. Buy Or Sell Opportunity • Dec 10
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.7% to R3.22. The fair value is estimated to be R4.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 2.6%. Buy Or Sell Opportunity • Nov 19
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.3% to R3.16. The fair value is estimated to be R4.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 2.6%. New Risk • Nov 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Market cap is less than US$10m (R145.4m market cap, or US$8.25m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Buy Or Sell Opportunity • Nov 04
Now 24% undervalued The stock has been flat over the last 90 days, currently trading at R3.20. The fair value is estimated to be R4.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 2.6%. Upcoming Dividend • Oct 16
Upcoming dividend of R0.085 per share Eligible shareholders must have bought the stock before 23 October 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of South African dividend payers (7.6%). Lower than average of industry peers (6.8%). Buy Or Sell Opportunity • Oct 14
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.5% to R3.10. The fair value is estimated to be R4.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 2.6%. Buy Or Sell Opportunity • Sep 12
Now 24% undervalued The stock has been flat over the last 90 days, currently trading at R3.20. The fair value is estimated to be R4.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 2.6%. Declared Dividend • Sep 02
First half dividend increased to R0.085 Dividend of R0.085 is 21% higher than last year. Ex-date: 23rd October 2024 Payment date: 28th October 2024 Dividend yield will be 4.5%, which is lower than the industry average of 8.8%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 24
Putprop Limited to Report Fiscal Year 2024 Results on Aug 30, 2024 Putprop Limited announced that they will report fiscal year 2024 results on Aug 30, 2024 Upcoming Dividend • Mar 19
Upcoming dividend of R0.06 per share Eligible shareholders must have bought the stock before 26 March 2024. Payment date: 02 April 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of South African dividend payers (9.1%). Lower than average of industry peers (8.0%). New Risk • Mar 12
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Market cap is less than US$10m (R131.5m market cap, or US$7.08m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.5% net profit margin). Declared Dividend • Mar 07
First half dividend increased to R0.06 Dividend of R0.06 is 41% higher than last year. Ex-date: 26th March 2024 Payment date: 2nd April 2024 Dividend yield will be 4.0%, which is lower than the industry average of 8.8%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 29
Putprop Limited to Report First Half, 2024 Results on Mar 05, 2024 Putprop Limited announced that they will report first half, 2024 results on Mar 05, 2024 Upcoming Dividend • Oct 18
Upcoming dividend of R0.07 per share at 3.2% yield Eligible shareholders must have bought the stock before 25 October 2023. Payment date: 30 October 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of South African dividend payers (9.6%). Lower than average of industry peers (11%). Reported Earnings • Sep 17
Full year 2023 earnings released: EPS: R0.26 (vs R1.51 in FY 2022) Full year 2023 results: EPS: R0.26 (down from R1.51 in FY 2022). Revenue: R128.4m (up 8.4% from FY 2022). Net income: R11.1m (down 83% from FY 2022). Profit margin: 8.7% (down from 54% in FY 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Sep 17
Putprop Limited Announces Declaration of Dividend in Respect of Year Ended 30 June 2023, Payable on 30 October 2023 Putprop Limited announced declaration of a dividend of 7.00 cents per ordinary share in respect of year ended 30 June 2023 (2022: 6.00 cents), thus bringing the total dividend payable for the year to 11.25 cents (2022: 10.25 cents). Record date is 27 October 2023. Date of payment is 30 October 2023. Trading commences ex dividend is 25 October 2023. Announcement • Sep 16
Putprop Limited, Annual General Meeting, Nov 08, 2023 Putprop Limited, Annual General Meeting, Nov 08, 2023, at 11:30 South Africa Standard Time. Location: Boardroom 1, 22 Impala Road, Chislehurston, Sandton Sandton South Africa New Risk • Sep 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Market cap is less than US$10m (R148.0m market cap, or US$7.74m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to R3.59, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 6x in the Real Estate industry in South Africa. Total returns to shareholders of 13% over the past three years. Upcoming Dividend • Mar 22
Upcoming dividend of R0.043 per share at 3.1% yield Eligible shareholders must have bought the stock before 29 March 2023. Payment date: 03 April 2023. Payout ratio is a comfortable 6.8% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of South African dividend payers (8.9%). Lower than average of industry peers (8.9%). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Executive Director Anna Carleo-Novello was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 19
Upcoming dividend of R0.06 per share Eligible shareholders must have bought the stock before 26 October 2022. Payment date: 31 October 2022. Payout ratio is a comfortable 6.8% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of South African dividend payers (9.1%). Lower than average of industry peers (8.2%). Announcement • Oct 15
Putprop Limited, Annual General Meeting, Nov 14, 2022 Putprop Limited, Annual General Meeting, Nov 14, 2022, at 11:30 South Africa Standard Time. Location: 22 Impala Road Chislehurston, Sandton in Boardroom 1 Sandton South Africa Reported Earnings • Oct 08
Full year 2022 earnings released: EPS: R1.51 (vs R0.53 in FY 2021) Full year 2022 results: EPS: R1.51 (up from R0.53 in FY 2021). Revenue: R111.3m (up 48% from FY 2021). Net income: R64.0m (up 182% from FY 2021). Profit margin: 57% (up from 30% in FY 2021). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 19% share price gain to R4.36, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 7x in the Real Estate industry in South Africa. Total loss to shareholders of 11% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Executive Director Anna Carleo-Novello was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 19% share price gain to R4.04, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 9x in the Real Estate industry in South Africa. Total loss to shareholders of 19% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of R0.043 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 04 April 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of South African dividend payers (7.3%). Lower than average of industry peers (5.5%). Announcement • Mar 06
Putprop Limited to Report First Half, 2022 Results on Mar 09, 2022 Putprop Limited announced that they will report first half, 2022 results on Mar 09, 2022 Upcoming Dividend • Oct 06
Upcoming dividend of R0.11 per share Eligible shareholders must have bought the stock before 13 October 2021. Payment date: 18 October 2021. Trailing yield: 3.6%. Lower than top quartile of South African dividend payers (8.0%). Lower than average of industry peers (6.0%). Reported Earnings • Sep 24
Full year 2021 earnings released: EPS R0.53 (vs R0.066 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: R73.1m (up 10.0% from FY 2020). Net income: R22.7m (up R19.8m from FY 2020). Profit margin: 31% (up from 4.3% in FY 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment deteriorated over the past week After last week's 24% share price decline to R3.70, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 17x in the Real Estate industry in South Africa. Total loss to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 16% share price gain to R4.00, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 19x in the Real Estate industry in South Africa. Total loss to shareholders of 2.8% over the past three years. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improved over the past week After last week's 18% share price gain to R3.15, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 14x in the Real Estate industry in Africa. Total loss to shareholders of 30% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of R0.043 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 06 April 2021. Trailing yield: 3.1%. Lower than top quartile of South African dividend payers (8.2%). Lower than average of industry peers (6.3%). Announcement • Feb 20
Putprop Limited to Report First Half, 2021 Results on Mar 04, 2021 Putprop Limited announced that they will report first half, 2021 results on Mar 04, 2021 Announcement • Nov 06
Putprop Limited Announces Appointments to Audit and Risk Committee Putprop Limited approved the appointment of Hayden Hartley as a member and chairperson of the Putprop Audit and Risk Committee, appointment of Gerrit Van Heerden as a member of the Putprop Audit and Risk Committee and appointment of Rene Styber as a member of the Putprop Audit and Risk Committee at its AGM held on November 4, 2020. Announcement • Aug 30
Putprop Limited to Report Fiscal Year 2020 Results on Sep 03, 2020 Putprop Limited announced that they will report fiscal year 2020 results on Sep 03, 2020