Spear Reit Past Earnings Performance
Past criteria checks 4/6
Spear Reit has been growing earnings at an average annual rate of 16.9%, while the REITs industry saw earnings growing at 30% annually. Revenues have been growing at an average rate of 4.5% per year. Spear Reit's return on equity is 11.5%, and it has net margins of 57.7%.
Key information
16.9%
Earnings growth rate
12.5%
EPS growth rate
| REITs Industry Growth | 3.9% |
| Revenue growth rate | 4.5% |
| Return on equity | 11.5% |
| Net Margin | 57.7% |
| Last Earnings Update | 31 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Spear Reit makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Aug 24 | 631 | 364 | 51 | 0 |
| 31 May 24 | 624 | 363 | 48 | 0 |
| 29 Feb 24 | 616 | 363 | 44 | 0 |
| 30 Nov 23 | 598 | 281 | 43 | 0 |
| 31 Aug 23 | 581 | 200 | 42 | 0 |
| 31 May 23 | 580 | 191 | 43 | 0 |
| 28 Feb 23 | 580 | 182 | 45 | 0 |
| 30 Nov 22 | 581 | 188 | 47 | 0 |
| 31 Aug 22 | 581 | 194 | 48 | 0 |
| 31 May 22 | 578 | 179 | 48 | 0 |
| 28 Feb 22 | 575 | 165 | 47 | 0 |
| 30 Nov 21 | 569 | 144 | 43 | 0 |
| 31 Aug 21 | 563 | 124 | 40 | 0 |
| 31 May 21 | 547 | 89 | 39 | 0 |
| 28 Feb 21 | 531 | 53 | 39 | 0 |
| 30 Nov 20 | 530 | 115 | 39 | 0 |
| 31 Aug 20 | 530 | 178 | 39 | 0 |
| 31 May 20 | 528 | 193 | 37 | 0 |
| 29 Feb 20 | 527 | 207 | 36 | 0 |
| 30 Nov 19 | 497 | 203 | 34 | 0 |
| 31 Aug 19 | 467 | 198 | 31 | 0 |
| 31 May 19 | 448 | 234 | 30 | 0 |
| 28 Feb 19 | 429 | 270 | 29 | 0 |
| 30 Nov 18 | 419 | 311 | 27 | 0 |
| 31 Aug 18 | 408 | 351 | 24 | 0 |
| 31 May 18 | 360 | 367 | 21 | 0 |
| 28 Feb 18 | 312 | 383 | 18 | 0 |
| 28 Feb 17 | 182 | 196 | 25 | 0 |
Quality Earnings: SEA has a large one-off gain of ZAR168.8M impacting its last 12 months of financial results to 31st August, 2024.
Growing Profit Margin: SEA's current net profit margins (57.7%) are higher than last year (34.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SEA's earnings have grown by 16.9% per year over the past 5 years.
Accelerating Growth: SEA's earnings growth over the past year (82.2%) exceeds its 5-year average (16.9% per year).
Earnings vs Industry: SEA earnings growth over the past year (82.2%) exceeded the REITs industry 19.2%.
Return on Equity
High ROE: SEA's Return on Equity (11.5%) is considered low.