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 |
SA Corporate Real Estate Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R2.92 |
| 52 Week High | R3.16 |
| 52 Week Low | R1.98 |
| Beta | 0.96 |
| 11 Month Change | 3.55% |
| 3 Month Change | 7.75% |
| 1 Year Change | 41.06% |
| 33 Year Change | 33.33% |
| 5 Year Change | -7.89% |
| Change since IPO | 46.00% |
Recent News & Updates
Recent updates
Shareholder Returns
| SAC | ZA REITs | ZA Market | |
|---|---|---|---|
| 7D | 7.0% | 2.7% | 1.7% |
| 1Y | 41.1% | 32.4% | 15.6% |
Return vs Industry: SAC exceeded the ZA REITs industry which returned 30.3% over the past year.
Return vs Market: SAC exceeded the ZA Market which returned 15.2% over the past year.
Price Volatility
| SAC volatility | |
|---|---|
| SAC Average Weekly Movement | 3.7% |
| REITs Industry Average Movement | 3.3% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in ZA Market | 9.5% |
| 10% least volatile stocks in ZA Market | 2.6% |
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 | R7.25b |
| Earnings (TTM) | R1.20b |
| Revenue (TTM) | R2.79b |
6.1x
P/E Ratio2.6x
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 comparison