IIndluplace is a proud South African property investor owning a portfolio primarily focused on the affordable end of the residential rental market.
Indluplace Properties Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R3.12|
|52 Week High||R2.75|
|52 Week Low||R3.99|
|1 Month Change||-10.35%|
|3 Month Change||-5.46%|
|1 Year Change||4.00%|
|3 Year Change||-62.81%|
|5 Year Change||-66.27%|
|Change since IPO||-73.22%|
Recent News & Updates
Our Take On Indluplace Properties' (JSE:ILU) CEO Salary
This article will reflect on the compensation paid to Petrus de Wit who has served as CEO of Indluplace Properties...
Indluplace Properties (JSE:ILU) Shareholders Received A Total Return Of Negative 47% In The Last Five Years
Indluplace Properties Limited (JSE:ILU) shareholders will doubtless be very grateful to see the share price up 32% in...
|ILU||ZA REITs||ZA Market|
Return vs Industry: ILU underperformed the ZA REITs industry which returned 36.1% over the past year.
Return vs Market: ILU underperformed the ZA Market which returned 19.9% over the past year.
Stable Share Price: ILU is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: ILU's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
|2013||n/a||Petrus de Wit||https://www.indluplace.co.za|
IIndluplace is a proud South African property investor owning a portfolio primarily focused on the affordable end of the residential rental market. The company was listed on the Main Board of the JSE in June 2015 and currently owns a portfolio of 9,668 residential units and 18, 870m2 of associated retail space. The portfolio is valued at R 3,8 billion.
Indluplace Properties Fundamentals Summary
|ILU fundamental statistics|
Is ILU overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ILU income statement (TTM)|
|Cost of Revenue||R333.92m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Nov 17, 2021
|Earnings per share (EPS)||-0.66|
|Net Profit Margin||-36.91%|
How did ILU perform over the long term?See historical performance and comparison
14.1%Current Dividend Yield
Is Indluplace Properties undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ILU (ZAR3.12) is trading below our estimate of fair value (ZAR5.75)
Significantly Below Fair Value: ILU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ILU is unprofitable, so we can't compare its PE Ratio to the ZA REITs industry average.
PE vs Market: ILU is unprofitable, so we can't compare its PE Ratio to the ZA market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ILU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ILU is good value based on its PB Ratio (0.4x) compared to the ZA REITs industry average (0.6x).
How is Indluplace Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Indluplace Properties has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Indluplace Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ILU is currently unprofitable.
Growing Profit Margin: ILU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ILU is unprofitable, and losses have increased over the past 5 years at a rate of 58.4% per year.
Accelerating Growth: Unable to compare ILU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ILU is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (132.9%).
Return on Equity
High ROE: ILU has a negative Return on Equity (-9.25%), as it is currently unprofitable.
How is Indluplace Properties's financial position?
Financial Position Analysis
Short Term Liabilities: ILU's short term assets (ZAR147.5M) exceed its short term liabilities (ZAR117.6M).
Long Term Liabilities: ILU's short term assets (ZAR147.5M) do not cover its long term liabilities (ZAR1.5B).
Debt to Equity History and Analysis
Debt Level: ILU's debt to equity ratio (64.4%) is considered high.
Reducing Debt: ILU's debt to equity ratio has increased from 0.07% to 64.4% over the past 5 years.
Debt Coverage: ILU's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: ILU's interest payments on its debt are not well covered by EBIT (2.1x coverage).
What is Indluplace Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ILU's dividend (14.11%) is higher than the bottom 25% of dividend payers in the ZA market (3.08%).
High Dividend: ILU's dividend (14.11%) is in the top 25% of dividend payers in the ZA market (8.02%)
Stability and Growth of Payments
Stable Dividend: ILU has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ILU's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (86.9%), ILU's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Petrus de Wit (54 yo)
Mr. Petrus Carel de Wit, B.Sc Building Science, has been the Chief Executive Officer of Indluplace Properties Limited since March 14, 2016 and also its Executive Director since June 19, 2015. Mr. de Wit se...
CEO Compensation Analysis
Compensation vs Market: Petrus's total compensation ($USD263.30K) is about average for companies of similar size in the ZA market ($USD283.52K).
Compensation vs Earnings: Petrus's compensation has increased whilst the company is unprofitable.
Experienced Management: ILU's management team is seasoned and experienced (5.6 years average tenure).
Experienced Board: ILU's board of directors are considered experienced (6.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.4%.
Indluplace Properties Limited's employee growth, exchange listings and data sources
- Name: Indluplace Properties Limited
- Ticker: ILU
- Exchange: JSE
- Founded: 2013
- Industry: Residential REITs
- Sector: Real Estate
- Market Cap: R1.050b
- Shares outstanding: 336.52m
- Website: https://www.indluplace.co.za
- Indluplace Properties Limited
- Upper Building
- 3rd Floor
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 21:04|
|End of Day Share Price||2021/10/21 00:00|
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.