Fairvest Limited is a JSE and A2X-listed SA REIT (Real Estate Investment Trust) and the largest South African-focused property fund with a portfolio worth R12.0 billion. Fairvest's direct property portfolio currently comprises 134 properties (74 retail, 34 office and 26 industrial properties) with a GLA of 1 126 191 square metre. The Group also holds a 5.0% interest in Dipula Income Fund Limited. The Company has a well-diversified portfolio across all nine provinces within South Africa. Gauteng is the dominant province with 51% of GLA of the Company's properties in the province, followed by 13% in the Western Cape and 9% in KwaZulu Natal. The Retail portfolio generates 68% of the revenue within the portfolio, Office 21% and Industrial properties 11%. The Company has an "A" and "B" dual-class share structure that caters for different risk profiles of investors.
Stock data | 2023 | Change |
---|---|---|
Price | $0.2737858253115541 | N/A |
Market Cap | $408.66M | N/A |
Shares Outstanding | 1.49B | -3.59% |
Employees | 0 | N/A |
Shareholder Equity | 7.75B | 217.27% |
Valuation | 2023 | Change |
---|---|---|
P/S Ratio | 3.92 | N/A |
P/B Ratio | 0.05 | N/A |
Growth | 2023 | Change |
---|---|---|
Return on Equity | 0.0009 | N/A |
Earnings | 2023 | Change |
---|---|---|
Revenue | $104.16M | N/A |
Earnings | $6.97M | N/A |
Operating Margin | 0.5263 | N/A |
Net income margin | 0.0669 | N/A |
Financial Strength | 2023 | Change |
---|---|---|
Total Assets | $689.07M | N/A |
Total Debt | $231.49M | N/A |
Cash on Hand | $5.82M | N/A |
Debt to Equity | 0.0344 | 11.54% |
Cash to Debt | 0.0252 | 82.05% |
Current Ratio | 0.3861 | 53.14% |