Hyprop Investments Limited

JSE:HYP Stock Report

Market Cap: R17.7b

Hyprop Investments Valuation

Is HYP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of HYP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HYP (ZAR46.6) is trading above our estimate of fair value (ZAR31.96)

Significantly Below Fair Value: HYP is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HYP?

Key metric: As HYP is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for HYP. This is calculated by dividing HYP's market cap by their current earnings.
What is HYP's PE Ratio?
PE Ratio7.2x
EarningsR2.47b
Market CapR17.68b

Price to Earnings Ratio vs Peers

How does HYP's PE Ratio compare to its peers?

The above table shows the PE ratio for HYP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average7.5x
RES Resilient REIT
4.8xn/aR19.4b
VKE Vukile Property Fund
13.1xn/aR21.8b
EXP Exemplar REITail
5.5xn/aR4.0b
DIB Dipula Income Fund
6.3xn/aR4.9b
HYP Hyprop Investments
7.2xn/aR17.7b

Price-To-Earnings vs Peers: HYP is good value based on its Price-To-Earnings Ratio (7.2x) compared to the peer average (7.5x).

Price to Earnings Ratio vs Industry

How does HYP's PE Ratio compare vs other companies in the Global Retail REITs Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HYP 7.2xIndustry Avg. 19.5xNo. of Companies11PE01224364860+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HYP is good value based on its Price-To-Earnings Ratio (7.2x) compared to the Global Retail REITs industry average (19.5x).

Price to Earnings Ratio vs Fair Ratio

What is HYP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HYP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HYP's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst HYP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentR46.60
R40.25
-13.6%
1.9%R41.00R39.50n/a2
Dec ’25R44.69
R40.25
-9.9%
1.9%R41.00R39.50n/a2
Nov ’25R41.32
R40.25
-2.6%
1.9%R41.00R39.50n/a2
Aug ’25R32.65
R35.50
+8.7%
4.2%R37.00R34.00n/a2
Jul ’25R32.88
R35.50
+8.0%
4.2%R37.00R34.00n/a2
Jun ’25R27.36
R34.50
+26.1%
1.4%R35.00R34.00n/a2
May ’25R28.98
R34.50
+19.0%
1.4%R35.00R34.00n/a2
Apr ’25R29.37
R35.00
+19.2%
2.9%R36.00R34.00n/a2
Mar ’25R31.27
R35.00
+11.9%
2.9%R36.00R34.00n/a2
Feb ’25R31.96
R35.25
+10.3%
3.5%R36.50R34.00n/a2
Jan ’25R31.11
R33.75
+8.5%
8.1%R36.50R31.00n/a2
Dec ’24R26.22
R33.25
+26.8%
6.8%R35.50R31.00R44.692
Nov ’24R25.62
R35.40
+38.2%
12.4%R39.80R31.00R41.322
Oct ’24R31.95
R35.40
+10.8%
12.4%R39.80R31.00R45.402
Sep ’24R32.36
R38.19
+18.0%
4.2%R39.80R36.58R38.232
Aug ’24R32.47
R38.19
+17.6%
4.2%R39.80R36.58R32.652
Jul ’24R30.71
R38.19
+24.4%
4.2%R39.80R36.58R32.882
Jun ’24R30.25
R38.19
+26.2%
4.2%R39.80R36.58R27.362
May ’24R31.94
R33.79
+5.8%
18.8%R39.80R25.00R28.983
Apr ’24R29.70
R33.19
+11.8%
17.5%R38.00R25.00R29.373
Mar ’24R34.03
R34.36
+1.0%
15.8%R38.00R25.00R31.274
Feb ’24R34.00
R33.29
-2.1%
17.6%R37.87R25.00R31.963
Jan ’24R33.64
R33.29
-1.0%
17.6%R37.87R25.00R31.113
Dec ’23R33.35
R33.29
-0.2%
17.6%R37.87R25.00R26.223

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 08:59
End of Day Share Price 2024/12/27 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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

Hyprop Investments Limited is covered by 17 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
Mahir HamdulayAbsa Bank Limited
Francois Du ToitAnchor Stockbrokers Proprietary Limited
Daniel KingAvior Capital Markets