Page 114 - Profile's Stock Exchange Handbook -2024 Issue 4

JSE – EQU Profile’s Stock Exchange Handbook: 2024 – Issue 4
Equites Property Fund Ltd.
EQU
ISIN: ZAE000188843 SHORT: EQUITES CODE: EQU
REG NO: 2013/080877/06 FOUNDED: 2013 LISTED: 2014
NATURE OF BUSINESS: Equites Property Fund Ltd. is a South African
real estate investment trust, with a definite focus on being a market leader
in the logistics property market by developing and acquiring A-grade,
modern logistics facilities in prime locations in South Africa and the
United Kingdom. Equites listed on the Johannesburg Stock Exchange on
18 June 2014 with a portfolio value of R1 billion and has since grown to a
portfolio value of R28.4 billion at 29 February 2024. The group continues
to grow its portfolio through a significant development pipeline and
high-quality acquisitions. Equites is SA’s only and largest listed,
exclusively logistics-focused REIT on the JSE to provide shareholders with
pure exposure to prime logistics assets.
SECTOR: RealEstate—RealEstate—REITs—Industrial REITs
NUMBER OF EMPLOYEES: 42
DIRECTORS: Brey M (ind ne), Cross E (ind ne), GouwsAJ(ne),
Mkhize N (ind ne), MurrayAD(ind ne), Ntuli K (ind ne), Tonelli F (ne),
Campher L (Chair, ind ne), Taverna-Turisan A (CEO), Gous R (COO),
Razack L (CFO)
MAJOR ORDINARY SHAREHOLDERS as at 26 Sep 2024
Government Employees Pension Fund 19.80%
Coronation Fund Managers 15.00%
Old Mutual Group 4.90%
POSTAL ADDRESS: PO Box 7391, Roggebaai, 8012
MORE INFO: www.sharedata.co.za/sdo/jse/EQU
COMPANY SECRETARY: Thabo Vilakazi
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Java Capital (Pty) Ltd.
AUDITORS: PwC Inc.
CAPITAL STRUCTURE AUTHORISED ISSUED
EQU Ords no par val 2 000 000 000 809 581 655
DISTRIBUTIONS [ZARc]
Ords no par val Ldt Pay Amt Scr/100
Interim No 22 29 Oct 24 4 Nov 24 66.50 -
Final No 21 4 Jun 24 10 Jun 24 65.75 5.48
LIQUIDITY: Oct24 Avg 9m shares p.w., R121.7m(58.6% p.a.)
REIV 40 Week MA EQUITES
2353
2028
1702
1377
1052
727
2019 | 2020 | 2021 | 2022 | 2023 | 2024
FINANCIAL STATISTICS
(R million) Aug 24 Feb 24 Feb 23 Feb 22 Feb 21
Interim Final Final Final Final
NetRent/InvInc 1 755 2 012 2 909 1 447 1 022
Total Inc 1 976 1 768 2 673 1 617 1 167
Attrib Inc 192 1 152 - 639 2 033 407
TotCompIncLoss 206 1 949 318 2 337 699
Ord UntHs Int 13 215 13 383 12 888 14 452 10 843
FixedAss/Prop 23 538 24 227 23 786 25 534 19 261
Tot Curr Ass 2 238 1 968 1 307 1 777 1 381
Total Ass 30 447 30 223 28 545 27 740 20 857
Tot Curr Liab 3 334 3 550 4 431 1 688 1 790
PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 53.70 117.10 156.00 129.10 99.40
DPS (ZARc) 66.50 131.12 169.60 162.99 154.99
NAV PS (ZARc) 1 578.00 1 668.00 1 611.00 1 861.00 1 725.00
3 Yr Beta 0.57 0.49 0.43 0.48 0.54
Price Prd End 1 360 1 309 1 546 2 105 1 831
Price High 1 397 1 600 2 300 2 392 1 989
Price Low 1 140 1 036 1 480 1 791 1 294
RATIOS
RetOnSH Funds 4.95 8.99 - 0.64 13.46 3.77
RetOnTotAss 12.98 5.85 9.36 5.83 5.60
Debt:Equity 0.75 0.72 0.69 0.51 0.53
OperRetOnInv 14.91 8.31 12.23 5.67 5.31
OpInc:Turnover 87.95 81.01 90.54 85.75 86.24

112