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Fairvest JSE:FTA Stock Report

Last Price

R16.99

Market Cap

R7.9b

7D

-0.2%

1Y

18.8%

Updated

25 Dec, 2024

Data

Company Financials +

FTA Stock Overview

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. More details

FTA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health0/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Fairvest Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fairvest
Historical stock prices
Current Share PriceR16.99
52 Week HighR18.40
52 Week LowR13.00
Beta0.28
1 Month Change-0.12%
3 Month Change1.43%
1 Year Change18.81%
3 Year Changen/a
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Recent updates

Shareholder Returns

FTAZA REITsZA Market
7D-0.2%-0.2%-0.7%
1Y18.8%18.0%11.6%

Return vs Industry: FTA matched the ZA REITs industry which returned 18% over the past year.

Return vs Market: FTA exceeded the ZA Market which returned 11.6% over the past year.

Price Volatility

Is FTA's price volatile compared to industry and market?
FTA volatility
FTA Average Weekly Movement4.0%
REITs Industry Average Movement3.4%
Market Average Movement4.2%
10% most volatile stocks in ZA Market9.4%
10% least volatile stocks in ZA Market2.5%

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

Volatility Over Time: FTA's weekly volatility (4%) 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 capR7.92b
Earnings (TTM)R926.31m
Revenue (TTM)R2.05b

27.4x

P/E Ratio

12.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTA income statement (TTM)
RevenueR2.05b
Cost of RevenueR862.45m
Gross ProfitR1.19b
Other ExpensesR262.60m
EarningsR926.31m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.62
Gross Margin57.96%
Net Profit Margin45.16%
Debt/Equity Ratio53.2%

How did FTA perform over the long term?

See historical performance and comparison

Dividends

8.1%

Current Dividend Yield

92%

Payout Ratio

Does FTA pay a reliable dividends?

See FTA dividend history and benchmarks
When do you need to buy FTA by to receive an upcoming dividend?
Fairvest dividend dates
Ex Dividend DateDec 23 2024
Dividend Pay DateDec 30 2024
Days until Ex dividend3 days
Days until Dividend pay date4 days

Does FTA pay a reliable dividends?

See FTA dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 19:40
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Fairvest Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Francois Du ToitAnchor Stockbrokers Proprietary Limited
Nazeem SamsodienInvestec Bank Limited (SA)
Nazeem SamsodienInvestec Bank plc (UK)