Attacq is a South African-based Real Estate Investment Trust (REIT), with a vision of delivering total returns comprising sustainable income return and long-term capital growth through a focused approach in real estate investments and developments.
Price History & Performance
|Historical stock prices|
|Current Share Price||R6.73|
|52 Week High||R3.00|
|52 Week Low||R7.59|
|1 Month Change||-3.99%|
|3 Month Change||-0.74%|
|1 Year Change||104.56%|
|3 Year Change||-55.43%|
|5 Year Change||-61.37%|
|Change since IPO||-59.48%|
Recent News & Updates
|ATT||ZA REITs||ZA Market|
Return vs Industry: ATT exceeded the ZA REITs industry which returned 39.4% over the past year.
Return vs Market: ATT exceeded the ZA Market which returned 21.2% over the past year.
Stable Share Price: ATT is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ATT's weekly volatility (6%) has been stable over the past year.
About the Company
|n/a||n/a||Jackie van Niekerk||https://www.attacq.co.za|
Attacq is a South African-based Real Estate Investment Trust (REIT), with a vision of delivering total returns comprising sustainable income return and long-term capital growth through a focused approach in real estate investments and developments. Attacq’s diversified South African portfolio provides sustainable community spaces in its respective nodes, aimed at being the destination of choice and setting Attacq apart from its peers. The group’s business model is based on four drivers, namely the South African portfolio, Developments at Waterfall, Investment in MAS Real Estate Inc. (MAS) and the Rest of Africa retail investments.
Attacq Fundamentals Summary
|ATT fundamental statistics|
Is ATT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ATT income statement (TTM)|
|Cost of Revenue||R798.71m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.22|
|Net Profit Margin||6.26%|
How did ATT perform over the long term?See historical performance and comparison
Is Attacq undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ATT (ZAR6.73) is trading above our estimate of fair value (ZAR2.89)
Significantly Below Fair Value: ATT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ATT is poor value based on its PE Ratio (30.8x) compared to the ZA REITs industry average (11.8x).
PE vs Market: ATT is poor value based on its PE Ratio (30.8x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATT is good value based on its PB Ratio (0.4x) compared to the ZA REITs industry average (0.6x).
How is Attacq forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ATT's forecast earnings growth is above the savings rate (8.8%).
Earnings vs Market: Insufficient data to determine if ATT's earnings are forecast to grow faster than the ZA market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ATT's revenue (0.8% per year) is forecast to grow slower than the ZA market (6.2% per year).
High Growth Revenue: ATT's revenue (0.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ATT's Return on Equity is forecast to be high in 3 years time
How has Attacq performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATT has a large one-off loss of ZAR728.4M impacting its June 30 2021 financial results.
Growing Profit Margin: ATT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ATT's earnings have declined by 54.2% per year over the past 5 years.
Accelerating Growth: ATT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ATT has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (111.5%).
Return on Equity
High ROE: ATT's Return on Equity (1.4%) is considered low.
How is Attacq's financial position?
Financial Position Analysis
Short Term Liabilities: ATT's short term assets (ZAR3.1B) exceed its short term liabilities (ZAR2.2B).
Long Term Liabilities: ATT's short term assets (ZAR3.1B) do not cover its long term liabilities (ZAR9.3B).
Debt to Equity History and Analysis
Debt Level: ATT's debt to equity ratio (89.4%) is considered high.
Reducing Debt: ATT's debt to equity ratio has increased from 80.7% to 89.4% over the past 5 years.
Debt Coverage: ATT's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: ATT's interest payments on its debt are not well covered by EBIT (1.8x coverage).
What is Attacq current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ATT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ATT is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATT's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jackie van Niekerk (38 yo)
Ms. Jacqueline Rouxanne van Niekerk, also known as Jackie, was Non-Executive Director of Grit Real Estate Income Group. She serves as Chief Executive Officer at Attacq Limited since May 1, 2021. She joined...
CEO Compensation Analysis
Compensation vs Market: Jackie's total compensation ($USD305.49K) is below average for companies of similar size in the ZA market ($USD717.23K).
Compensation vs Earnings: Jackie's compensation has been consistent with company performance over the past year.
Experienced Management: ATT's management team is considered experienced (3.3 years average tenure).
Experienced Board: ATT's board of directors are considered experienced (3.7 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Attacq Limited's employee growth, exchange listings and data sources
- Name: Attacq Limited
- Ticker: ATT
- Exchange: JSE
- Founded: NaN
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: R4.745b
- Shares outstanding: 705.12m
- Website: https://www.attacq.co.za
- Attacq Limited
- Att House
- 2nd Floor
- Waterfall City
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 22:45|
|End of Day Share Price||2021/10/15 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.