SAC Stock Overview
SA Corporate is a JSE-listed Real Estate Investment Trust (REIT) and together with all its subsidiaries (the Group) owns a focused portfolio of quality industrial, retail and residential buildings located primarily in the major metropolitan areas of South Africa with a secondary node in Zambia. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 0/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
SA Corporate Real Estate Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R2.99 |
| 52 Week High | R3.16 |
| 52 Week Low | R2.20 |
| Beta | 1 |
| 1 Month Change | 3.10% |
| 3 Month Change | -0.99% |
| 1 Year Change | 28.88% |
| 3 Year Change | 26.16% |
| 5 Year Change | -3.24% |
| Change since IPO | 49.50% |
Recent News & Updates
Recent updates
Shareholder Returns
| SAC | ZA REITs | ZA Market | |
|---|---|---|---|
| 7D | 3.5% | -0.1% | -0.3% |
| 1Y | 28.9% | 17.3% | 7.8% |
Return vs Industry: SAC exceeded the ZA REITs industry which returned 17.3% over the past year.
Return vs Market: SAC exceeded the ZA Market which returned 7.8% over the past year.
Price Volatility
| SAC volatility | |
|---|---|
| SAC Average Weekly Movement | 3.8% |
| REITs Industry Average Movement | 3.4% |
| Market Average Movement | 4.2% |
| 10% most volatile stocks in ZA Market | 9.2% |
| 10% least volatile stocks in ZA Market | 2.5% |
Stable Share Price: SAC has not had significant price volatility in the past 3 months compared to the ZA market.
Volatility Over Time: SAC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | n/a | Terence Mackey | www.sacorporatefund.co.za |
SA Corporate is a JSE-listed Real Estate Investment Trust (REIT) and together with all its subsidiaries (the Group) owns a focused portfolio of quality industrial, retail and residential buildings located primarily in the major metropolitan areas of South Africa with a secondary node in Zambia. As at 31 December 2023, the property portfolio consisted of 267 properties, with 1 709 651 m2 of gross lettable area (GLA), valued at R17.7 billion, as well as a 50% joint venture interest in three Zambian entities, including a minority shareholding in Zambia’s only listed property company, valued at R1.8 billion.
SA Corporate Real Estate Limited Fundamentals Summary
| SAC fundamental statistics | |
|---|---|
| Market cap | R7.33b |
| Earnings (TTM) | R1.20b |
| Revenue (TTM) | R2.79b |
6.2x
P/E Ratio2.7x
P/S RatioIs SAC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SAC income statement (TTM) | |
|---|---|
| Revenue | R2.79b |
| Cost of Revenue | R1.28b |
| Gross Profit | R1.52b |
| Other Expenses | R319.57m |
| Earnings | R1.20b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.48 |
| Gross Margin | 54.25% |
| Net Profit Margin | 42.81% |
| Debt/Equity Ratio | 74.2% |
How did SAC perform over the long term?
See historical performance and comparisonDividends
8.1%
Current Dividend Yield87%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 18:46 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
SA Corporate Real Estate Limited is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fayyaad Amien | Absa Bank Limited |
| Francois Du Toit | Anchor Stockbrokers Proprietary Limited |
| Pranita Daya | Anchor Stockbrokers Proprietary Limited |