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. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
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Delta Property Fund Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R0.20 |
| 52 Week High | R0.36 |
| 52 Week Low | R0.11 |
| Beta | 0.89 |
| 1 Month Change | 5.26% |
| 3 Month Change | -20.00% |
| 1 Year Change | 5.26% |
| 3 Year Change | -67.21% |
| 5 Year Change | -70.15% |
| Change since IPO | -97.62% |
Recent News & Updates
Recent updates
Shareholder Returns
| DLT | ZA Office REITs | ZA Market | |
|---|---|---|---|
| 7D | 11.1% | 3.4% | 2.3% |
| 1Y | 5.3% | -0.2% | 13.9% |
Return vs Industry: DLT exceeded the ZA Office REITs industry which returned -0.2% over the past year.
Return vs Market: DLT underperformed the ZA Market which returned 13.9% over the past year.
Price Volatility
| DLT volatility | |
|---|---|
| DLT Average Weekly Movement | 13.5% |
| Office REITs Industry Average Movement | 3.2% |
| Market Average Movement | 4.3% |
| 10% most volatile stocks in ZA Market | 8.7% |
| 10% least volatile stocks in ZA Market | 2.6% |
Stable Share Price: DLT's share price has been volatile over the past 3 months compared to the ZA market.
Volatility Over Time: DLT's weekly volatility (14%) 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 | R142.85m |
| Earnings (TTM) | -R104.48m |
| Revenue (TTM) | R1.15b |
0.1x
P/S Ratio-1.4x
P/E RatioIs DLT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DLT income statement (TTM) | |
|---|---|
| Revenue | R1.15b |
| Cost of Revenue | R484.99m |
| Gross Profit | R668.82m |
| Other Expenses | R773.30m |
| Earnings | -R104.48m |
Last Reported Earnings
Aug 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.15 |
| Gross Margin | 57.97% |
| Net Profit Margin | -9.06% |
| Debt/Equity Ratio | 157.0% |
How did DLT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 02:09 |
| End of Day Share Price | 2025/01/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
| |
| 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
Delta Property Fund Limited is covered by 3 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 |
|---|---|
| Nazeem Samsodien | Macquarie Research |
| Mahir Hamdulay | Macquarie Research |
| Ahmed Motara | Renaissance Capital |