Texton Property FundTEX 
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Texton Property Fund (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. Our direct property portfolio is valued at R2,2 billion as at 30 June 2023 (June 2022: R2,6 billion) and our international property investment portfolio amounts to R598,6 million (June 2022: R485,1 million). Texton is focused on robust and disciplined capital allocation. We are strategically reinvesting heavily into our direct property investments which are located in centralised nodes in both South Africa ("SA") and the United Kingdom ("UK"), and deploying capital into highquality property investments in developed markets with best-in-class asset managers.
TEX Stock Information
Texton Property Fund (TEX) Price Chart
Texton Property Fund Overview: Key Details and Summary
Stock data | 2023 | Change |
|---|---|---|
| Price | $0.19372722636741507 | N/A |
| Market Cap | $64.40M | N/A |
| Shares Outstanding | 332.41M | -3.65% |
| Employees | 0 | N/A |
| Shareholder Equity | 2.10B | 6.75% |
Valuation | 2023 | Change |
|---|---|---|
| P/S Ratio | 3.78 | N/A |
| P/B Ratio | 0.03 | N/A |
Growth | 2023 | Change |
|---|---|---|
| Return on Equity | -0.0004 | N/A |
Earnings | 2023 | Change |
|---|---|---|
| Revenue | $17.02M | N/A |
| Earnings | -$806.36K | N/A |
| Gross Margin | 0.6341 | N/A |
| Operating Margin | 0.473 | N/A |
| Net income margin | -0.0474 | N/A |
Financial Strength | 2023 | Change |
|---|---|---|
| Total Assets | $179.02M | N/A |
| Total Debt | $55.92M | N/A |
| Cash on Hand | $15.96M | N/A |
| Debt to Equity | 0.0284 | -32.30% |
| Cash to Debt | 0.2854 | -46.28% |
| Current Ratio | $2.35 | 11.93% |
