Financials Stor-Age Property REIT Limited

Equities

SSS

ZAE000208963

Specialized REITs

End-of-day quote Johannesburg S.E. 03:30:00 28/06/2024 am IST 5-day change 1st Jan Change
13.85 ZAR -1.56% Intraday chart for Stor-Age Property REIT Limited +1.02% +6.05%

Valuation

Fiscal Period: March 2023 2024 2025 2026 2027
Capitalization 1 6,099 6,436 6,595 - -
Enterprise Value (EV) 1 6,099 6,436 6,595 6,595 6,595
P/E ratio 8.49 x 9.21 x - - -
Yield - - 8.51% 9.33% 9.65%
Capitalization / Revenue - - - - -
EV / Revenue - - - - -
EV / EBITDA - - - - -
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book - - - - -
Nbr of stocks (in thousands) 4,74,610 4,74,610 4,76,152 - -
Reference price 2 12.85 13.56 13.85 13.85 13.85
Announcement Date 19/06/23 18/06/24 - - -
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2023 2024 2025 2026 2027
Net sales - - - - -
EBITDA - - - - -
EBIT - - - - -
Operating Margin - - - - -
Earnings before Tax (EBT) - - - - -
Net income 724.6 706.2 - - -
Net margin - - - - -
EPS 1.514 1.472 - - -
Free Cash Flow - - - - -
FCF margin - - - - -
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share 1 - - 1.179 1.292 1.337
Announcement Date 19/06/23 18/06/24 - - -
1ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net Debt 1 1,717 2,617 2,190 2,815 3,546 4,099
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.874 x 5.632 x 4.371 x 4.747 x 5.28 x 5.236 x
Free Cash Flow 1 279 160 357 383 374 427
ROE (net income / shareholders' equity) 6.35% 2.28% 23.4% 16.8% 10.6% 9.62%
ROA (Net income/ Total Assets) 3.72% 3.87% 3.79% 3.87% 3.69% 3.84%
Assets 1 6,918 2,713 31,432 26,350 19,662 18,373
Book Value Per Share 2 11.70 11.50 13.00 13.90 15.00 15.80
Cash Flow per Share 2 0.6600 0.1900 0.4000 0.4700 0.7500 0.6500
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 31/07/19 22/06/20 09/06/21 20/06/22 19/06/23 18/06/24
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
1
Last Close Price
13.85 ZAR
Average target price
14.7 ZAR
Spread / Average Target
+6.14%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. SSS Stock
  4. Financials Stor-Age Property REIT Limited