Page 200 - shbh24_complete

JSE – STE Profile’s Stock Exchange Handbook: 2024 – Issue 3
Stefanutti Stocks Holdings Ltd. Stor-Age Property REIT Ltd.
STE STO
ISIN: ZAE000123766 SHORT: STEFSTOCK CODE: SSK ISIN: ZAE000208963 SHORT: STOR-AGE CODE: SSS
REG NO: 1996/003767/06 FOUNDED: 1971 LISTED: 2007 REG NO: 2015/168454/06 FOUNDED: 2005 LISTED: 2015
NATURE OF BUSINESS: Stefanutti Stocks is a listed, multidisciplinary NATURE OF BUSINESS: Stor-Age is the leading and largest self storage
construction group (a B-BBEE Level 1 contributor) with the capability to property fund and brand in South Africa, and the first and only self storage
deliver a range of projects of any scale to a multitude of clients in diverse Real Estate Investment Trust (REIT) listed on any emerging market
markets. As an ambitious and well-respected construction group we boast exchange. November2021 markedthesix-yearanniversarysincelistingon
technical proficiency across all our disciplines. the Johannesburg Stock Exchange (JSE). During this period we have
SECTOR: Inds—Constr&Mats—Constr&Mats—Construction successfully grown the portfolio from 24 to 85 properties, GLA from 181
NUMBER OF EMPLOYEES: 6 405 500 m 2 to 485 800 m 2 and the value of the property portfolio by more than
DIRECTORS: Craig H (ind ne), Harie B (ind ne), Silwanyana B (ind ne), sevenfold to R10.2 billion. We continue to deploy capital strategically,
Matlala Z (Chair, ind ne), Crawford R (CEO), du Plessis Y (CFO) adding quality and scale to our high-quality portfolio in South Africa and
MAJOR ORDINARY SHAREHOLDERS as at 14 Jun 2024 the UK on a select basis and in-line with our strict investment criteria.
M J Schwegmann 10.18% SECTOR: RealEstate—RealEstate—REITs—Storage REITs
Steyn Capital 8.36% NUMBER OF EMPLOYEES: 350
Stefanutti Stocks Investments (Pty) Ltd. 7.66% DIRECTORS: Chapman J (ld ind ne), de Kock K (ind ne), Horton S,
POSTAL ADDRESS: PO Box 12394, Aston Manor, 1630 KorantengAA(ind ne), Menigo A (ind ne), Morojele M (ind ne),
MORE INFO: www.sharedata.co.za/sdo/jse/SSK Varachhia A (ind ne), Blackshaw G (Chair, ne), Lucas G (CEO), Lucas S
COMPANY SECRETARY: William Somerville (FD)
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. MAJOR ORDINARY SHAREHOLDERS as at 01 Jul 2024
SPONSOR: Bridge Capital Advisors (Pty) Ltd. Public Investment Corporation 20.02%
10.04%
Old Mutual Investment Group (Pty) Ltd.
AUDITORS: Mazars Inc. Catalyst Fund Managers 4.86%
CAPITAL STRUCTURE AUTHORISED ISSUED POSTAL ADDRESS: PO Box 53154, Kenilworth, Cape Town, 7745
SSK Ords 0.00025c ea 400 000 000 188 080 746 MORE INFO: www.sharedata.co.za/sdo/jse/SSS
COMPANY SECRETARY: Henry Steyn
DISTRIBUTIONS [ZARc]
Ords 0.00025c ea Ldt Pay Amt TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
Final No 7 29 Jun 12 9 Jul 12 12.00 SPONSOR: Investec Bank Ltd.
Interim No 6 2 Dec 11 12 Dec 11 12.00 AUDITORS: BDO Inc.
LIQUIDITY: Jul24 Avg 950 369 shares p.w., R1.6m(26.3% p.a.) CAPITAL STRUCTURE AUTHORISED ISSUED
SSS Ords no par value 1 000 000 000 476 151 609
CONM 40 Week MA STEFSTOCK
DISTRIBUTIONS [ZARc]
320
Ords no par value Ldt Pay Amt
FinalNo 17 2 Jul24 8 Jul24 56.81
258
Interim No 16 28 Nov 23 4 Dec 23 61.36
195 LIQUIDITY: Jul24 Avg 4m shares p.w., R49.9m(41.3% p.a.)
REIV 40 Week MA STOR-AGE
133
1557
70
1339
8
2019 | 2020 | 2021 | 2022 | 2023 | 2024
1121
FINANCIAL STATISTICS
(R million) Feb 24 Feb 23 Feb 22 Feb 21 Feb 20 903
Final Final(rst) Final(rst) Final(rst) Final(rst)
Turnover 7 084 6 051 5 968 4 692 7 227 686
Op Inc 210 101 - 107 - 55 - 1 022
468
NetIntPd(Rcvd) 107 100 94 87 87 2019 | 2020 | 2021 | 2022 | 2023 | 2024
Minority Int - - - - 3 - 1 FINANCIAL STATISTICS
Att Inc 16 15 - 415 - 287 - 1 071 (Amts in Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
TotCompIncLoss 13 24 - 443 - 359 - 1 020 ZAR’000) Final Final Final Final(rst) Final(rst)
Fixed Ass 529 458 466 608 1 591 Turnover 1 228 346 1 070 788 910 682 800 222 698 822
Tot Curr Ass 3 424 3 175 2 913 3 148 4 039 Op Inc 783 907 673 764 648 494 502 615 466 097
Ord SH Int - 52 - 66 - 90 353 730 NetIntPd(Rcvd) 204 478 140 201 90 934 63 468 58 367
Minority Int - - - - - 18 Minority Int 5 176 7 083 11 506 10 313 330
LT Liab 189 262 134 270 896 Att Inc 706 216 724 583 1 019 737 1 192 294 104 887
Tot Curr Liab 4 560 4 316 4 375 4 506 5 037 TotCompIncLoss 970 188 1 133 142 893 290 1 081 807 347 637
PER SHARE STATISTICS (cents per share) Fixed Ass 11 706 324 10 763 563 9 554 975 7 885 017 7 091 940
HEPS-C (ZARc) - 5.52 - 27.29 - 82.88 - 121.87 - 622.48 Inv & Loans 733 754 449 586 257 418 34 111 194 346
NAV PS (ZARc) - 30.91 - 39.68 - 53.83 210.81 436.43 Tot Curr Ass 455 390 501 124 356 911 260 067 228 239
3 Yr Beta 0.50 0.44 0.59 0.21 - 0.64 Ord SH Int 7 534 040 7 136 203 6 596 974 5 618 145 4 572 281
Price High 165 175 60 50 260 Minority Int 64 554 58 416 46 213 38 608 33 097
Price Low 92 47 24 12 5 LT Liab 4 681 266 4 075 662 3 135 260 1 746 619 2 506 683
Price Prd End 112 146 48 25 22 Tot Curr Liab 834 201 785 922 727 189 1 097 850 580 176
RATIOS PER SHARE STATISTICS (cents per share)
Ret on SH Fnd - 30.73 - 21.98 461.24 - 82.31 - 150.64 HEPS-C (ZARc) 89.15 105.38 109.35 112.11 53.09
Oper Pft Mgn 2.96 1.68 - 1.79 - 1.17 - 14.15 DPS (ZARc) 118.17 118.14 111.90 106.08 112.05
D:E - 3.65 - 4.22 - 1.69 0.82 1.31 NAV PS (ZARc) 1 614.00 1 514.00 1 390.00 1 298.00 1 157.57
Current Ratio 0.75 0.74 0.67 0.70 0.80 3 Yr Beta 0.06 0.24 0.41 0.44 0.42
Price High 1 433 1 548 1 534 1 481 1 598
Price Low 1 135 1 206 1 300 1 156 1 004
Price Prd End 1 356 1 285 1 478 1 310 1 245
RATIOS
Ret on SH Fnd 9.36 10.17 15.52 21.26 2.28
Oper Pft Mgn 63.82 62.92 71.21 62.81 66.70
D:E 0.64 0.59 0.50 0.42 0.58
Current Ratio 0.55 0.64 0.49 0.24 0.39
Div Cover 1.26 1.29 2.07 2.66 0.24
198