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Fairvest JSE:FTA Stock Report

Last Price

R15.25

Market Cap

R6.0b

7D

0%

1Y

13.0%

Updated

18 Apr, 2024

Data

Company Financials +

FTA Stock Overview

Fairvest Limited is a JSE and A2X-listed SA REIT (Real Estate Investment Trust) and the largest South African-focused property fund with a portfolio worth R12.0 billion.

FTA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends1/6

Fairvest Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fairvest
Historical stock prices
Current Share PriceR15.25
52 Week HighR17.10
52 Week LowR11.60
Beta0.26
1 Month Change1.60%
3 Month Change-1.61%
1 Year Change12.96%
3 Year Changen/a
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Recent updates

Shareholder Returns

FTAZA REITsZA Market
7D0%-3.8%-4.0%
1Y13.0%-4.8%-6.4%

Return vs Industry: FTA exceeded the ZA REITs industry which returned -4.8% over the past year.

Return vs Market: FTA exceeded the ZA Market which returned -6.4% over the past year.

Price Volatility

Is FTA's price volatile compared to industry and market?
FTA volatility
FTA Average Weekly Movement4.7%
REITs Industry Average Movement3.0%
Market Average Movement4.9%
10% most volatile stocks in ZA Market11.2%
10% least volatile stocks in ZA Market3.0%

Stable Share Price: FTA has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
1998n/aDarren Wilderwww.fairvest.co.za

Fairvest Limited is a JSE and A2X-listed SA REIT (Real Estate Investment Trust) and the largest South African-focused property fund with a portfolio worth R12.0 billion. Fairvest's direct property portfolio currently comprises 134 properties (74 retail, 34 office and 26 industrial properties) with a GLA of 1 126 191 square metre. The Group also holds a 5.0% interest in Dipula Income Fund Limited.

Fairvest Limited Fundamentals Summary

How do Fairvest's earnings and revenue compare to its market cap?
FTA fundamental statistics
Market capR5.96b
Earnings (TTM)R654.82m
Revenue (TTM)R1.91b

34.8x

P/E Ratio

11.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTA income statement (TTM)
RevenueR1.91b
Cost of RevenueR789.88m
Gross ProfitR1.12b
Other ExpensesR470.12m
EarningsR654.82m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin58.75%
Net Profit Margin34.20%
Debt/Equity Ratio55.0%

How did FTA perform over the long term?

See historical performance and comparison

Dividends

8.7%

Current Dividend Yield

118%

Payout Ratio
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