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Texton Property Fund JSE:TEX Stock Report

Last Price

R2.60

Market Cap

R775.1m

7D

-25.7%

1Y

-18.8%

Updated

27 May, 2025

Data

Company Financials

Texton Property Fund Limited

JSE:TEX Stock Report

Market Cap: R775.1m

TEX Stock Overview

Texton is a JSE Limited ("JSE")-listed real estate investment trust ("REIT") that offers shareholders access to global direct and indirect real estate investments, which aim to deliver sustainable, risk-adjusted returns. More details

TEX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends3/6

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Texton Property Fund Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Texton Property Fund
Historical stock prices
Current Share PriceR2.60
52 Week HighR4.50
52 Week LowR2.26
Beta0.36
1 Month Change-25.71%
3 Month Change-35.00%
1 Year Change-18.75%
3 Year Change-31.58%
5 Year Change116.67%
Change since IPO-63.89%

Recent News & Updates

Recent updates

Here's Why We Think Texton Property Fund (JSE:TEX) Is Well Worth Watching

Mar 08
Here's Why We Think Texton Property Fund (JSE:TEX) Is Well Worth Watching

Shareholder Returns

TEXZA Office REITsZA Market
7D-25.7%-1.7%1.6%
1Y-18.8%3.8%19.0%

Return vs Industry: TEX underperformed the ZA Office REITs industry which returned 3.8% over the past year.

Return vs Market: TEX underperformed the ZA Market which returned 19% over the past year.

Price Volatility

Is TEX's price volatile compared to industry and market?
TEX volatility
TEX Average Weekly Movement11.1%
Office REITs Industry Average Movement3.7%
Market Average Movement5.3%
10% most volatile stocks in ZA Market11.2%
10% least volatile stocks in ZA Market3.4%

Stable Share Price: TEX's share price has been volatile over the past 3 months compared to the ZA market.

Volatility Over Time: TEX's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aJonathan Renswww.texton.co.za

Texton is a JSE Limited ("JSE")-listed real estate investment trust ("REIT") that offers shareholders access to global direct and indirect real estate investments, which aim to deliver sustainable, risk-adjusted returns. Our direct property portfolio is valued at R2,1 billion as at 31 December 2023 (June 2023: R2,2 billion) and our international property investment portfolio amounts to R544,7 million (June 2023: R598,6 million). Texton maintains a focused and disciplined approach to capital allocation.

Texton Property Fund Limited Fundamentals Summary

How do Texton Property Fund's earnings and revenue compare to its market cap?
TEX fundamental statistics
Market capR775.06m
Earnings (TTM)R39.89m
Revenue (TTM)R291.78m
19.4x
P/E Ratio
2.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TEX income statement (TTM)
RevenueR291.78m
Cost of RevenueR106.83m
Gross ProfitR184.95m
Other ExpensesR145.06m
EarningsR39.89m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin63.39%
Net Profit Margin13.67%
Debt/Equity Ratio38.3%

How did TEX perform over the long term?

See historical performance and comparison

Dividends

7.7%
Current Dividend Yield
66%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/27 02:09
End of Day Share Price 2025/05/27 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Texton Property Fund Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nazeem SamsodienMacquarie Research
Ridwaan LoonatNedbank Corporate and Investment Bank