Equites Property Fund Limited

JSE:EQU Stock Report

Market Cap: R11.1b

Equites Property Fund Past Earnings Performance

Past criteria checks 2/6

Equites Property Fund's earnings have been declining at an average annual rate of -8.7%, while the Industrial REITs industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 27.6% per year. Equites Property Fund's return on equity is 7.8%, and it has net margins of 28.2%.

Key information

-8.7%

Earnings growth rate

-14.7%

EPS growth rate

Industrial REITs Industry Growth14.4%
Revenue growth rate27.6%
Return on equity7.8%
Net Margin28.2%
Last Earnings Update31 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Equites Property Fund makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

JSE:EQU Revenue, expenses and earnings (ZAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Aug 243,2479171980
31 May 242,8661,0341760
29 Feb 242,4841,1521530
30 Nov 232,898-832020
31 Aug 233,313-1,3182500
31 May 233,263-9782430
28 Feb 233,213-6392360
30 Nov 222,6246641560
31 Aug 222,0351,968760
31 May 221,8622,000770
28 Feb 221,6882,033780
30 Nov 211,5741,866710
31 Aug 211,4601,700650
31 May 211,3231,054610
28 Feb 211,185407570
30 Nov 201,099241590
31 Aug 201,01275610
31 May 201,003378570
29 Feb 20994682530
30 Nov 19958806520
31 Aug 19923930510
31 May 19845800470
28 Feb 19766670420
30 Nov 18706650400
31 Aug 18647629380
31 May 18610750360
28 Feb 18574870330
30 Nov 17544905310
31 Aug 17515940300
31 May 17509862290
28 Feb 17502785280
30 Nov 16489636250
31 Aug 16475487210
31 May 16406435190
29 Feb 16337384170
30 Nov 15264381140
31 Aug 15191378110
31 May 1516128190
28 Feb 1513118480

Quality Earnings: EQU has high quality earnings.

Growing Profit Margin: EQU became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: EQU's earnings have declined by 8.7% per year over the past 5 years.

Accelerating Growth: EQU has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EQU has become profitable in the last year, making it difficult to compare its past year earnings growth to the Industrial REITs industry (8.9%).


Return on Equity

High ROE: EQU's Return on Equity (7.8%) is considered low.


Return on Assets


Return on Capital Employed


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