Redefine Properties Future Growth

Future criteria checks 0/6

Redefine Properties's revenue is forecast to decline at 4.3% per annum.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

REITs earnings growth	18.3%
Revenue growth rate	-4.3%
Future return on equity	6.6%
Analyst coverage	Low
Last updated	15 Nov 2024

Recent future growth updates

Recent updates

A Quick Analysis On Redefine Properties' (JSE:RDF) CEO Compensation

Feb 24

Would Shareholders Who Purchased Redefine Properties' (JSE:RDF) Stock Three Years Be Happy With The Share price Today?

Jan 20

Have Insiders Been Buying Redefine Properties Limited (JSE:RDF) Shares?

Nov 26

Earnings and Revenue Growth Forecasts

JSE:RDF - Analysts future estimates and past financials data (ZAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
8/31/2027	9,743	N/A	N/A	3,734	1
8/31/2026	8,783	N/A	N/A	3,599	2
8/31/2025	8,458	N/A	N/A	3,456	2
8/31/2024	10,659	3,969	2,929	2,929	N/A
5/31/2024	10,483	2,856	2,732	2,732	N/A
2/29/2024	10,308	1,742	2,535	2,535	N/A
11/30/2023	10,109	1,594	2,561	2,561	N/A
8/31/2023	9,911	1,447	2,586	2,586	N/A
5/31/2023	9,723	4,426	2,747	2,732	N/A
2/28/2023	9,535	7,405	2,907	2,878	N/A
11/30/2022	8,892	8,065	2,782	2,753	N/A
8/31/2022	8,249	8,725	2,656	2,627	N/A
2/28/2022	7,358	3,497	2,334	2,334	N/A
11/30/2021	7,262	3,210	2,314	2,314	N/A
8/31/2021	7,166	2,924	2,293	2,293	N/A
2/28/2021	6,857	-8,407	3,590	3,590	N/A
11/30/2020	7,677	-12,325	3,130	3,130	N/A
8/31/2020	8,496	-16,243	2,669	2,669	N/A
5/31/2020	9,132	-10,975	N/A	N/A	N/A
2/29/2020	9,440	-5,322	2,762	2,762	N/A
11/30/2019	9,172	-990	3,693	3,693	N/A
8/31/2019	8,905	3,342	4,625	4,625	N/A
5/31/2019	9,034	3,800	N/A	N/A	N/A
2/28/2019	9,163	4,257	4,420	4,420	N/A
11/30/2018	8,918	5,416	4,701	4,701	N/A
8/31/2018	8,673	6,575	4,983	4,983	N/A
5/31/2018	8,456	5,552	N/A	3,581	N/A
2/28/2018	8,225	4,529	N/A	4,118	N/A
11/30/2017	8,056	3,936	N/A	4,051	N/A
8/31/2017	7,887	3,343	N/A	3,984	N/A
2/28/2017	6,968	7,091	N/A	3,530	N/A
11/30/2016	6,848	5,825	N/A	3,192	N/A
8/31/2016	6,727	4,560	N/A	2,854	N/A
2/29/2016	6,582	4,193	N/A	3,565	N/A
11/30/2015	6,620	4,764	N/A	3,195	N/A
8/31/2015	6,658	5,334	N/A	2,825	N/A
5/31/2015	6,715	4,628	N/A	2,497	N/A
2/28/2015	6,772	3,922	N/A	2,168	N/A
11/30/2014	6,403	4,040	N/A	2,248	N/A
8/31/2014	6,034	4,158	N/A	2,327	N/A
5/31/2014	5,783	5,034	N/A	1,974	N/A
2/28/2014	5,531	5,911	N/A	1,620	N/A
11/30/2013	5,028	5,309	N/A	1,599	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if RDF's forecast earnings growth is above the savings rate (9.7%).

Earnings vs Market: Insufficient data to determine if RDF's earnings are forecast to grow faster than the ZA market

High Growth Earnings: Insufficient data to determine if RDF's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RDF's revenue is expected to decline over the next 3 years (-4.3% per year).

High Growth Revenue: RDF's revenue is forecast to decline over the next 3 years (-4.3% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: RDF's Return on Equity is forecast to be low in 3 years time (6.6%).

Redefine Properties Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased by 13% to R4.99

Price target increased by 7.5% to R4.60

Price target increased by 7.6% to R4.73

Price target decreased to R4.42

Price target increased to R4.24

Price target lowered to R4.40

Recent updates

Final dividend of R0.22 announced

Redefine Properties Limited Declares Dividend for the Six-Month Period Ended 31 August 2024

Full year 2024 earnings released: EPS: R0.59 (vs R0.21 in FY 2023)

Now 21% undervalued

Price target increased by 13% to R4.99

Now 19% undervalued

Now 22% undervalued

New minor risk - Earnings quality

First half dividend reduced to R0.20

Redefine Properties Limited Declares Cash Dividend for the Six Months Ended 29 February 2024, Payable on 27 May 2024

Redefine Properties Limited to Report First Half, 2024 Results on May 06, 2024

Price target increased by 7.5% to R4.60

Now 20% undervalued

Now 21% undervalued

CFO & Executive Director recently sold R333k worth of stock

Redefine Properties Limited, Annual General Meeting, Feb 19, 2024

CEO & Executive Director exercised options to buy R6.4m worth of stock.

Upcoming dividend of R0.23 per share at 12% yield

New minor risk - Profit margin trend

Redefine Properties Limited Appoints Cora Fernandez as a Member of the Audit Committee

Redefine Properties Limited(JSE:RDF) dropped from FTSE All-World Index (USD)

New minor risk - Insider selling

CEO & Executive Director recently sold R11m worth of stock

Independent Non-Executive Director recently bought R469k worth of stock

Standard Bank Group Limited (JSE:SBK) acquired an unknown additional stake in Redefine Properties Limited (JSE:RDF).

Upcoming dividend of R0.20 per share at 12% yield

Redefine Properties Limited Declares Cash Dividend for the Six Months Ended 28 February 2023, Payable on 29 May 2023

Price target increased by 7.6% to R4.73

Ninety One SA Proprietary Limited acquired 10.0985% stake in Redefine Properties Limited (JSE:RDF).

Redefine Properties Limited to Report Q2, 2023 Results on May 08, 2023

Redefine Properties Limited, Annual General Meeting, Feb 23, 2023

Redefine Properties Limited, Annual General Meeting, Feb 23, 2023

Upcoming dividend of R0.43 per share

Independent Non-Executive Director recently bought R1.3m worth of stock

Price target decreased to R4.42

Redefine Properties Limited Announces Resignation of Bridgitte Mathews from its Board of Directors

Upcoming dividend of R0.24 per share

Redefine Properties Limited Provides Distribution Guidance for the Year 2022

Now 21% undervalued after recent price drop

High number of new directors

Acting Company Secretary Thembekile Dube has left the company

Upcoming dividend of R0.60 per share

Full year 2021 earnings released

Price target increased to R4.24

First half 2021 earnings released: EPS R0.28 (vs R1.16 loss in 1H 2020)

Company Secretary has left the company

A Quick Analysis On Redefine Properties' (JSE:RDF) CEO Compensation

Redefine Properties Limited Announces Resignation of Bronwyn Baker as Company Secretary, with Effect from March 31, 2021

New 90-day high: R4.05

Chief Operating Officer recently sold R217k worth of stock

Would Shareholders Who Purchased Redefine Properties' (JSE:RDF) Stock Three Years Be Happy With The Share price Today?

New 90-day high: R3.76

Revenue beats expectations

Redefine Properties Limited Appoints Ntobeko Nyawo as Chief Financial Officer with Effect from 1 March 2021

New 90-day high: R2.62

Have Insiders Been Buying Redefine Properties Limited (JSE:RDF) Shares?

New 90-day low: R1.99

New 90-day low: R2.05

New 90-day low: R2.23

New 90-day low - R2.46

Pacific Investment Management Company LLC entered into non-binding detailed terms of agreement to acquire 25% stake in Chariot Top Group B.V. from Redefine Properties Limited (JSE:RDF).

Price target lowered to R4.40

ARE Funds APKV GmbH and ARE Funds AZL GmbH entered into a sale agreement to acquire Property at Central, Swanston Street from Redefine Properties Limited (JSE:RDF) for approximately AUD 190 million.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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