Transcend Residential Property Fund Limited

JSE:TPF Stock Report

Market Cap: R1.0b

Transcend Residential Property Fund Past Earnings Performance

Past criteria checks 0/6

Transcend Residential Property Fund's earnings have been declining at an average annual rate of -0.4%, while the Residential REITs industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 10.9% per year. Transcend Residential Property Fund's return on equity is 6.7%, and it has net margins of 29.9%.

Key information

-0.4%

Earnings growth rate

-17.4%

EPS growth rate

Residential REITs Industry Growth11.2%
Revenue growth rate10.9%
Return on equity6.7%
Net Margin29.9%
Last Earnings Update31 Mar 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Transcend Residential Property Fund makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

JSE:TPF Revenue, expenses and earnings (ZAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 233139410
31 Dec 2231310300
30 Sep 2231010500
30 Jun 2230710700
31 Mar 2230616300
31 Dec 2130522020
30 Jun 2131117100
31 Mar 213186900
31 Dec 20325-3400
30 Jun 20334-3400
31 Mar 203351700
31 Dec 193366800
30 Sep 1929915200
30 Jun 1926223600
31 Mar 1921221200
31 Dec 1816218800
30 Jun 181346330
31 Mar 181366330
31 Dec 171396330
31 Dec 16733300

Quality Earnings: TPF has a large one-off loss of ZAR27.4M impacting its last 12 months of financial results to 31st March, 2023.

Growing Profit Margin: TPF's current net profit margins (29.9%) are lower than last year (53.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TPF's earnings have declined by 0.4% per year over the past 5 years.

Accelerating Growth: TPF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TPF had negative earnings growth (-42.7%) over the past year, making it difficult to compare to the Residential REITs industry average (3.5%).


Return on Equity

High ROE: TPF's Return on Equity (6.7%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/11/16 05:28
End of Day Share Price 2023/11/07 00:00
Earnings2023/03/31
Annual Earnings2023/03/31

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 here.

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 .

Analyst Sources

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

AnalystInstitution