SAFARI is a property investment company listed on the JSE as a Real Estate Investment Trust that specialises in quality commercial investments.
Safari Investments RSA Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R4.81|
|52 Week High||R3.30|
|52 Week Low||R5.28|
|1 Month Change||-8.21%|
|3 Month Change||8.33%|
|1 Year Change||39.42%|
|3 Year Change||-5.69%|
|5 Year Change||-34.11%|
|Change since IPO||-43.35%|
Recent News & Updates
Reflecting on Safari Investments RSA's(JSE:SAR) Total Shareholder Returns Over The Last Five Years
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
|SAR||ZA REITs||ZA Market|
Return vs Industry: SAR exceeded the ZA REITs industry which returned 36.1% over the past year.
Return vs Market: SAR exceeded the ZA Market which returned 19.9% over the past year.
Stable Share Price: SAR is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SAR's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
SAFARI is a property investment company listed on the JSE as a Real Estate Investment Trust that specialises in quality commercial investments. Through selective investments in property we create value for all our stakeholders as we strive for sustainable growth and earnings.
Safari Investments RSA Fundamentals Summary
|SAR fundamental statistics|
Is SAR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SAR income statement (TTM)|
|Cost of Revenue||R133.86m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||1.04|
|Net Profit Margin||78.08%|
How did SAR perform over the long term?See historical performance and comparison
8.7%Current Dividend Yield
Is Safari Investments RSA 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: SAR (ZAR4.81) is trading below our estimate of fair value (ZAR6.12)
Significantly Below Fair Value: SAR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SAR is good value based on its PE Ratio (4.6x) compared to the ZA REITs industry average (10.2x).
PE vs Market: SAR is good value based on its PE Ratio (4.6x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SAR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SAR's PB Ratio (0.6x) is in line with the ZA REITs industry average.
How is Safari Investments RSA 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 Safari Investments RSA 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 Safari Investments RSA performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAR has a large one-off gain of ZAR153.1M impacting its March 31 2021 financial results.
Growing Profit Margin: SAR's current net profit margins (78.1%) are higher than last year (29.4%).
Past Earnings Growth Analysis
Earnings Trend: SAR's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: SAR's earnings growth over the past year (148.5%) exceeds its 5-year average (6.8% per year).
Earnings vs Industry: SAR earnings growth over the past year (148.5%) exceeded the REITs industry 132.9%.
Return on Equity
High ROE: SAR's Return on Equity (12.5%) is considered low.
How is Safari Investments RSA's financial position?
Financial Position Analysis
Short Term Liabilities: SAR's short term assets (ZAR133.8M) do not cover its short term liabilities (ZAR837.7M).
Long Term Liabilities: SAR's short term assets (ZAR133.8M) do not cover its long term liabilities (ZAR567.3M).
Debt to Equity History and Analysis
Debt Level: SAR's debt to equity ratio (63.2%) is considered high.
Reducing Debt: SAR's debt to equity ratio has increased from 40.9% to 63.2% over the past 5 years.
Debt Coverage: SAR's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: SAR's interest payments on its debt are not well covered by EBIT (2x coverage).
What is Safari Investments RSA current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SAR's dividend (8.73%) is higher than the bottom 25% of dividend payers in the ZA market (3.08%).
High Dividend: SAR's dividend (8.73%) is in the top 25% of dividend payers in the ZA market (8.02%)
Stability and Growth of Payments
Stable Dividend: SAR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SAR has only been paying a dividend for 7 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (84.1%), SAR'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
Dirk Engelbrecht (35 yo)
Mr. Dirk Cornelius Engelbrecht, BCom, LLB, has been the Chief Executive Officer of Safari Investments RSA Limited since November 7, 2018. He was an Executive Director of Legal Services at Safari Investment...
CEO Compensation Analysis
Compensation vs Market: Dirk's total compensation ($USD201.63K) is about average for companies of similar size in the ZA market ($USD283.52K).
Compensation vs Earnings: Dirk's compensation has been consistent with company performance over the past year.
Experienced Management: SAR's management team is considered experienced (3.8 years average tenure).
Experienced Board: SAR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Safari Investments RSA Limited's employee growth, exchange listings and data sources
- Name: Safari Investments RSA Limited
- Ticker: SAR
- Exchange: JSE
- Founded: 2000
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: R1.240b
- Shares outstanding: 257.83m
- Website: https://www.safari-investments.com
Number of Employees
- Safari Investments RSA Limited
- 410 Lynnwood Road
- 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.