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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Texton Property Fund Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R3.16 |
| 52 Week High | R3.90 |
| 52 Week Low | R2.36 |
| Beta | 0.63 |
| 11 Month Change | -1.25% |
| 3 Month Change | -17.92% |
| 1 Year Change | 35.62% |
| 33 Year Change | -24.22% |
| 5 Year Change | 7.12% |
| Change since IPO | -56.11% |
Recent News & Updates
Shareholder Returns
| TEX | ZA Office REITs | ZA Market | |
|---|---|---|---|
| 7D | -4.0% | -0.1% | 1.7% |
| 1Y | 35.6% | 13.7% | 15.6% |
Return vs Industry: TEX exceeded the ZA Office REITs industry which returned 13.7% over the past year.
Return vs Market: TEX exceeded the ZA Market which returned 15.2% over the past year.
Price Volatility
| TEX volatility | |
|---|---|
| TEX Average Weekly Movement | 9.6% |
| Office REITs Industry Average Movement | 3.2% |
| 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: TEX's share price has been volatile over the past 3 months compared to the ZA market.
Volatility Over Time: TEX's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | Jonathan Rens | www.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
| TEX fundamental statistics | |
|---|---|
| Market cap | R941.99m |
| Earnings (TTM) | -R13.95m |
| Revenue (TTM) | R304.55m |
3.1x
P/S Ratio-67.5x
P/E RatioIs TEX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TEX income statement (TTM) | |
|---|---|
| Revenue | R304.55m |
| Cost of Revenue | R112.43m |
| Gross Profit | R192.13m |
| Other Expenses | R206.08m |
| Earnings | -R13.95m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.047 |
| Gross Margin | 63.09% |
| Net Profit Margin | -4.58% |
| Debt/Equity Ratio | 51.5% |
How did TEX perform over the long term?
See historical performance and comparison