DLT Stock Overview
Delta is a JSE main board listed Real Estate Investment Trust (“REIT”) with an independently valued property portfolio of R6.9 billion.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Delta Property Fund Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R0.16 |
| 52 Week High | R0.43 |
| 52 Week Low | R0.09 |
| Beta | 1.03 |
| 1 Month Change | 14.29% |
| 3 Month Change | -15.79% |
| 1 Year Change | -30.43% |
| 3 Year Change | n/a |
| 5 Year Change | -92.98% |
| Change since IPO | -98.10% |
Recent News & Updates
Recent updates
Shareholder Returns
| DLT | ZA Office REITs | ZA Market | |
|---|---|---|---|
| 7D | -5.9% | 1.6% | -0.4% |
| 1Y | -30.4% | -2.1% | -5.8% |
Return vs Industry: DLT underperformed the ZA Office REITs industry which returned -0.7% over the past year.
Return vs Market: DLT underperformed the ZA Market which returned -4.9% over the past year.
Price Volatility
| DLT volatility | |
|---|---|
| DLT Average Weekly Movement | 23.7% |
| Office REITs Industry Average Movement | 3.1% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in ZA Market | 11.7% |
| 10% least volatile stocks in ZA Market | 2.8% |
Stable Share Price: DLT's share price has been volatile over the past 3 months.
Volatility Over Time: DLT's weekly volatility (24%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | n/a | Bongi Masinga | www.deltafund.co.za |
Delta is a JSE main board listed Real Estate Investment Trust (“REIT”) with an independently valued property portfolio of R6.9 billion. The Company is substantially black managed and continues to be the dominant sovereign listed property fund in South Africa. Delta offers access to a unique portfolio of mainly government and parastatal tenanted buildings providing secure income streams and large single tenant occupancy.
Delta Property Fund Limited Fundamentals Summary
| DLT fundamental statistics | |
|---|---|
| Market cap | R114.28m |
| Earnings (TTM) | -R353.76m |
| Revenue (TTM) | R1.17b |
0.1x
P/S Ratio-0.3x
P/E RatioIs DLT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DLT income statement (TTM) | |
|---|---|
| Revenue | R1.17b |
| Cost of Revenue | R462.94m |
| Gross Profit | R704.19m |
| Other Expenses | R1.06b |
| Earnings | -R353.76m |
Last Reported Earnings
Aug 31, 2023
Next Earnings Date
May 28, 2024
| Earnings per share (EPS) | -0.50 |
| Gross Margin | 60.34% |
| Net Profit Margin | -30.31% |
| Debt/Equity Ratio | 158.3% |
How did DLT perform over the long term?
See historical performance and comparison