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FFA

Fortress REIT JSE:FFA Stock Report

Last Price

R10.83

Market Cap

R17.2b

7D

3.9%

1Y

-11.1%

Updated

27 Nov, 2022

Data

Company Financials +
FFA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends3/6

FFA Stock Overview

Fortress was listed on 22 October 2009 on the main board of the Johannesburg Stock Exchange Limited as a property loan stock company.

Fortress REIT Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fortress REIT
Historical stock prices
Current Share PriceR10.83
52 Week HighR13.75
52 Week LowR8.77
Beta0.80
1 Month Change5.15%
3 Month Change2.65%
1 Year Change-11.08%
3 Year Change-45.17%
5 Year Change-37.58%
Change since IPO12.81%

Recent News & Updates

Recent updates

Shareholder Returns

FFAZA REITsZA Market
7D3.9%0.1%0.9%
1Y-11.1%1.0%7.7%

Return vs Industry: FFA underperformed the ZA REITs industry which returned 1% over the past year.

Return vs Market: FFA underperformed the ZA Market which returned 7.7% over the past year.

Price Volatility

Is FFA's price volatile compared to industry and market?
FFA volatility
FFA Average Weekly Movement3.0%
REITs Industry Average Movement4.5%
Market Average Movement5.4%
10% most volatile stocks in ZA Market10.9%
10% least volatile stocks in ZA Market3.2%

Stable Share Price: FFA is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: FFA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aSteve Brownhttps://www.fortressfund.co.za

Fortress was listed on 22 October 2009 on the main board of the Johannesburg Stock Exchange Limited as a property loan stock company. It listed with an initial market capitalisation of R1.8 billion, making it the largest initial listing in the listed property sector. Fortress converted to a Real Estate Investment Trust REIT on 1 July 2013.

Fortress REIT Limited Fundamentals Summary

How do Fortress REIT's earnings and revenue compare to its market cap?
FFA fundamental statistics
Market CapR17.23b
Earnings (TTM)R777.82m
Revenue (TTM)R4.69b

30.2x

P/E Ratio

5.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FFA income statement (TTM)
RevenueR4.69b
Cost of RevenueR1.31b
Gross ProfitR3.38b
Other ExpensesR2.60b
EarningsR777.82m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.36
Gross Margin72.01%
Net Profit Margin16.57%
Debt/Equity Ratio71.0%

How did FFA perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

46%

Payout Ratio