ATT Stock Overview

An innovative Real Estate Investment Trust (REIT) based in South Africa, with a vision to create sustainable value for all stakeholders. More details

ATT fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	4/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 29% below our estimate of its fair value

Earnings grew by 82.7% over the past year

Risk Analysis

Large one-off items impacting financial results

Unstable dividend track record

Significant insider selling over the past 3 months

My Notes

Capture your thoughts, links and company narrative

Attacq Limited Competitors

Fairvest

JSE:FTA

R7.7b

SA Real Estate

JSE:SAC

R7.3b

Emira Property Fund

JSE:EMI

R5.1b

Octodec Investments

JSE:OCT

R3.0b

Price History & Performance

Summary of share price highs, lows and changes for Attacq
Historical stock prices
Current Share Price	R13.15
52 Week High	R14.38
52 Week Low	R9.10
Beta	1.07
1 Month Change	-4.29%
3 Month Change	-1.65%
1 Year Change	30.85%
3 Year Change	71.90%
5 Year Change	16.79%
Change since IPO	-20.83%

Recent updates

Shareholder Returns

	ATT	ZA REITs	ZA Market
7D	1.9%	-0.2%	-0.9%
1Y	30.8%	9.0%	10.8%

Return vs Industry: ATT exceeded the ZA REITs industry which returned 10.2% over the past year.

Return vs Market: ATT exceeded the ZA Market which returned 9.5% over the past year.

Price Volatility

Is ATT's price volatile compared to industry and market?
ATT volatility
ATT Average Weekly Movement	4.6%
REITs Industry Average Movement	3.3%
Market Average Movement	4.3%
10% most volatile stocks in ZA Market	8.7%
10% least volatile stocks in ZA Market	2.7%

Stable Share Price: ATT has not had significant price volatility in the past 3 months compared to the ZA market.

Volatility Over Time: ATT's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1997	n/a	Jackie van Niekerk	www.attacq.co.za

Attacq Limited, is an innovative Real Estate Investment Trust (REIT) based in South Africa, with a vision to create sustainable value for all stakeholders. Attacq is listed on both the Johannesburg Stock Exchange (JSE) and A2X Markets, demonstrating its commitment to transparency and accountability. Attacq focuses on developing and managing vibrant precincts in collaboration with like-minded partners.

Attacq Limited Fundamentals Summary

How do Attacq's earnings and revenue compare to its market cap?
ATT fundamental statistics
Market cap	R9.20b
Earnings (TTM)	R950.40m
Revenue (TTM)	R2.58b

9.7x

P/E Ratio

3.6x

P/S Ratio

Is ATT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ATT income statement (TTM)
Revenue	R2.58b
Cost of Revenue	R1.02b
Gross Profit	R1.56b
Other Expenses	R605.83m
Earnings	R950.40m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Mar 11, 2025

Earnings per share (EPS)	1.36
Gross Margin	60.38%
Net Profit Margin	36.88%
Debt/Equity Ratio	39.0%

How did ATT perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

66%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/27 02:33
End of Day Share Price	2025/01/24 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Attacq Limited is covered by 7 analysts. 0 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
Francois Du Toit	Anchor Stockbrokers Proprietary Limited
Imdaad Nana	Avior Capital Markets
Samuel James Hugh Warwood	BofA Global Research

ATT Stock Overview

Rewards

Risk Analysis

Attacq Limited Competitors

JSE:FTA

R7.7b

JSE:SAC

R7.3b

JSE:EMI

R5.1b

JSE:OCT

R3.0b

Price History & Performance

Recent News & Updates

Attacq Limited to Report First Half, 2025 Results on Mar 11, 2025

Independent Non-Executive Director recently sold R2.7m worth of stock

Attacq Limited, Annual General Meeting, Nov 14, 2024

Attacq Limited, Annual General Meeting, Nov 14, 2024

Attacq Limited Announces Retirement of Mr. Stewart Shaw-Taylor as Board of Director & Investment Committee

Lango Real Estate Limited completed the acquisition of AttAfrica Limited from Hyprop Investments Limited (JSE:HYP) and Attacq Limited (JSE:ATT).

Recent updates

Attacq Limited to Report First Half, 2025 Results on Mar 11, 2025

Independent Non-Executive Director recently sold R2.7m worth of stock

Attacq Limited, Annual General Meeting, Nov 14, 2024

Attacq Limited, Annual General Meeting, Nov 14, 2024

Attacq Limited Announces Retirement of Mr. Stewart Shaw-Taylor as Board of Director & Investment Committee

Lango Real Estate Limited completed the acquisition of AttAfrica Limited from Hyprop Investments Limited (JSE:HYP) and Attacq Limited (JSE:ATT).

Lango Real Estate Limited completed the acquisition of AttAfrica Limited from Hyprop Investments Limited (JSE:HYP) and Attacq Limited (JSE:ATT).

Full year 2024 earnings released: EPS: R1.35 (vs R0.74 in FY 2023)

Attacq Limited Declares Final Gross Cash Dividend, Payable on 7 October 2024

Price target increased by 12% to R11.60

Lango Real Estate Limited entered into an agreement to acquire AttAfrica Limited from Hyprop Investments Limited (JSE:HYP) and Attacq Limited (JSE:ATT) for $27.3 million.

Now 21% undervalued

Now 21% undervalued

Price target decreased by 7.2% to R10.00

First half 2024 earnings released: FFO per share: R0.4 (vs R0.47 in 1H 2023)

First half dividend of R0.30 announced

PK Investments Limited reached agreement to acquire a 6.70856% stake in MAS P.L.C. (JSE:MSP) from Attacq Limited (JSE:ATT) for approximately ZAR 780 million.

Price target increased by 8.3% to R10.78

Attacq Limited to Report Fiscal Year 2024 Results on Sep 10, 2024

CFO & Director exercised options to buy R4.6m worth of stock.

Attacq Limited Announces Board Changes

Full year 2023 earnings released: EPS: R0.74 (vs R1.67 in FY 2022)

Attacq Limited Expects Final DPS for the Financial Year Ended 30 June 2023

Attacq Limited to Report Fiscal Year 2023 Results on Sep 28, 2023

The Government Employees Pension Fund(GEPF) agreed to acquire 30% stake in Atterbury Waterfall Investment Company Proprietary Limited from Attacq Limited (JSE:ATT) for ZAR 2.4 billion.

Upcoming dividend of R0.29 per share at 6.7% yield

First half 2023 earnings released: FFO per share: R0.5 (vs R0.29 in 1H 2022)

Price target increased by 21% to R9.50

Investor sentiment improves as stock rises 17%

Attacq Limited Announces Board Changes, Effective on February 1, 2023

Coronation Asset Management Proprietary Limited on behalf of its client acquired an unknown stake in Attacq Limited (JSE:ATT).

Now 21% undervalued

Now 21% undervalued

Price target decreased to R7.85

Price target decreased to R7.85

Upcoming dividend of R0.50 per share

Attacq Limited, Annual General Meeting, Nov 17, 2022

An unknown buyer acquired an unknown stake in Attacq Limited (JSE:ATT) from Lisinfo 222 Investments (Pty) Ltd.

Company Secretary Anda Matwa has left the company

Full year 2021 earnings released: EPS R0.22 (vs R5.35 loss in FY 2020)

Attacq Limited's Ordinary Shares to Be Deleted from Other OTC

CEO & Executive Director Melt Hamman has left the company

First half 2021 earnings released: FFO R0.31 per share (vs R0.57 in 1H 2020)

Attacq Limited, Annual General Meeting, Nov 18, 2021

Attacq Limited to Report Fiscal Year 2021 Results on Sep 14, 2021

Attacq Limited Appoints Thabo Patrick Leeuw as Independent Non-Executive Director

New 90-day high: R5.21

Attacq Limited Appoints Jacqueline Van Niekerk as Chief Executive Officer with Effect from 1 May 2021

Attacq Limited Appoints Allen Edwin Swiegers as Independent Non-Executive Director and Member of the Audit and Risk Committee

Price target lowered to R5.66

Attacq Limited Approves Retirement Mr. B Nagle as Director

Attacq Limited Announces Resignation of Melt Hamman as Chief Executive Officer

Attacq Limited Does Not Provide Guidance for the Financial Year Ending 30 June 2021

New 90-day low: R3.65

New 90-day low - R3.80

New 90-day low - R3.89

The underlying clients of Ninety One SA Proprietary Limited acquired an unknown additional minority stake in Attacq Limited (JSE:ATT).

Shareholder Returns

Price Volatility