Page 120 - Profile's Stock Exchange Handbook - 2025 Issue 1

JSE – FOR Profile’s Stock Exchange Handbook: 2025 – Issue 1
Fortress Real Estate Investments Ltd. The Foschini Group Ltd.
FOR FOS
ISIN: ZAE000248506 SHORT: FORTRESSB CODE: FFB ISIN: ZAE000148466 SHORT: TFG CODE: TFG
REG NO: 2009/016487/06 FOUNDED: 2009 LISTED: 2009 ISIN: ZAE000148516 SHORT: TFG PREF CODE: TFGP
NATUREOF BUSINESS:Fortressisarealestateinvestmentcompanywith REG NO: 1937/009504/06 FOUNDED: 1924 LISTED: 1941
a focus on developing and letting premium-grade logistics real estate in SA NATURE OF BUSINESS: TFG is one of South Africa’s foremost
and CEE, as well as growing our convenience and commuter-oriented independent chain-store groups and has a diverse portfolio of 30 leading
retail portfolio. Fortress also holds, at the date of this report, a 16.2% fashion and lifestyle retail brands offering clothing, jewellery, cellphones,
interest in NEPI Rockcastle, the largest listed property company on the accessories, cosmetics, sporting apparel and equipment, and homeware
JSE, with a EUR7 billion portfolio across nine CEE countries. and furniture from value to upper market segments.
SECTOR: RealEstate—RealEstate—InvestmentServices—Holdings SECTOR: ConsDiscr—Retail—Retailers—ApparelRetailers
NUMBER OF EMPLOYEES: 71 NUMBER OF EMPLOYEES: 47 523
DIRECTORS: Bosman H (ld ind ne), Chetty T (ind ne), Lopion I (ind ne), DIRECTORS: Coleman C (ind ne), DavinGH(ld ind ne),
Ludolph S (ind ne), Majija S V, Mayisela N (ind ne), Oblowitz E (ind ne), Friedland D (ind ne), Makgabo-FiskerstrandBLM(ind ne),
Rampheri C (ind ne), Stevens M W, Lockhart-Ross R (Chair, ind ne), MurrayAD(ne), Oblowitz E (ind ne), Potgieter J (ind ne), Sowazi N L
Brown S (CEO & MD), Vorster I (CFO) (ind ne), Stein R (ind ne), Lewis M (Chair, ind ne), Thunström A
MAJOR ORDINARY SHAREHOLDERS as at 08 Nov 2024 E (CEO), Buddle R (CFO)
Government Employees Pension Fund 15.19% MAJOR ORDINARY SHAREHOLDERS as at 21 Oct 2024
Coronation Fund Managers 9.93% Public Investment Company SOC Ltd. 20.13%
Sesfikile Capital (Pty) Ltd. 6.90% M&G Investment Management (Pty) Ltd. 10.02%
POSTAL ADDRESS: PO Box 138, Rivonia, 2128 Coronation Asset Management Holdings (Pty) Ltd. 5.49%
MORE INFO: www.sharedata.co.za/sdo/jse/FFB POSTAL ADDRESS: PO Box 6020, Parow East, 7501
COMPANY SECRETARY: KPMG Inc. MORE INFO: www.sharedata.co.za/sdo/jse/TFG
TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd. COMPANY SECRETARY: D van Rooyen
SPONSORS: Java Capital (Pty) Ltd., Nedbank Corporate and Investment TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
Banking, a division of Nedbank Ltd.
AUDITORS: Deloitte & Touche Inc. SPONSOR:RandMerchantBank(AdivisionofFirstRandBankLtd.(SA))
AUDITORS: Deloitte & Touche Inc.
CAPITAL STRUCTURE AUTHORISED ISSUED
FFB Ords no par value 2 000 000 000 1 204 291 830 CAPITAL STRUCTURE AUTHORISED ISSUED
TFG Ords 1.25c ea 600 000 000 331 027 300
DISTRIBUTIONS [ZARc] TFGP Prefs 200c ea 200 000 200 000
Ords no par value Ldt Pay Amt Scr/100
Final No 25 29 Oct 24 5 Nov 24 70.19 - DISTRIBUTIONS [ZARc]
Interim No 24 9 Apr 24 15 Apr 24 81.44 5.77 Ords 1.25c ea Ldt Pay Amt
Interim No 161 30 Dec 24 6 Jan 25 160.00
LIQUIDITY: Jan25 Avg 14m shares p.w., R234.4m(59.7% p.a.) Final No 160 16 Jul 24 22 Jul 24 200.00
REIV 40 Week MA FORTRESSB LIQUIDITY: Jan25 Avg 8m shares p.w., R1 031.1m(125.4% p.a.)
2060
GERE 40 Week MA TFG
1814 23590
1568 20116
16641
1322
1076 13167
9692
830
2020 | 2021 | 2022 | 2023 | 2024 |
NOTES: All FFB shares were repurchased and delisted on 19 February 2024 2020 | 2021 | 2022 | 2023 | 2024 | 6218
and FFA shares were converted to FFB shares from 21 February 2024.
FortressREITLtd.renamedtoFortressRealEstateInvestmentsLtd.on FINANCIAL STATISTICS
04 January 2023. (R million) Sep 24 Mar 24 Mar 23 Mar 22 Mar 21
FINANCIAL STATISTICS Interim Final Final(rst) Final(rst) Final
(R million) Jun 24 Jun 23 Jun 22 Jun 21 Jun 20 Turnover 25 875 56 221 51 778 43 370 32 950
Final Final Final(rst) Final Final Op Inc 1 048 3 450 3 334 3 058 134
NetRent/InvInc 4 384 3 788 3 446 3 233 3 617 NetIntPd(Rcvd) - 176 - 305 - 306 - 443 - 365
Total Inc 4 442 3 850 3 735 3 284 3 698 Att Inc 1 198 3 031 3 026 2 910 - 1 862
Attrib Inc 4 333 5 917 778 3 353 - 8 369 TotCompIncLoss 800 3 310 4 006 2 628 - 2 426
TotCompIncLoss 4 258 6 492 789 3 412 - 8 288 Fixed Ass 6 047 5 923 5 185 3 210 2 525
Ord UntHs Int 29 866 33 330 26 740 27 257 24 117 Inv & Loans 140 138 144 137 124
FixedAss/Prop 34 032 32 782 30 254 28 155 28 283 Tot Curr Ass 26 326 25 321 26 635 24 070 21 186
Tot Curr Ass 3 515 1 843 2 393 1 735 1 237 Ord SH Int 24 282 24 141 21 653 19 138 17 211
Total Ass 53 591 54 238 47 589 45 626 43 204 LT Liab 15 684 15 573 14 606 10 393 10 068
Tot Curr Liab 5 995 4 341 6 762 2 961 3 268 Tot Curr Liab 14 938 14 448 16 845 13 782 11 995
PER SHARE STATISTICS (cents per share) PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 121.02 90.99 153.24 89.50 - 64.07 HEPS-C (ZARc) 371.60 970.70 968.90 1 009.00 197.90
DPS (ZARc) 70.19 - - 74.70 100.67 DPS (ZARc) 160.00 350.00 320.00 500.00 -
NAV PS (ZARc) 2 520.56 2 813.02 2 262.49 1 422.00 1 108.00 NAV PS (ZARc) 7 460.03 7 430.41 6 716.04 5 884.96 5 321.89
3 Yr Beta - 0.67 1.00 0.95 0.99 3 Yr Beta 0.76 0.52 0.39 1.18 1.24
Price Prd End 1 652 1 286 1 069 1 358 1 245 Price High 16 065 11 913 15 184 16 688 12 449
Price High 1 730 1 338 1 627 1 544 2 200 Price Low 9 111 8 100 8 228 11 157 5 992
Price Low 1 225 877 1 041 1 130 800 Price Prd End 15 621 9 955 9 095 14 738 12 279
RATIOS RATIOS
RetOnSH Funds 14.46 17.57 2.97 12.41 - 34.69 Ret on SH Fnd 9.87 12.56 13.97 15.20 - 10.82
RetOnTotAss 12.26 11.50 10.47 8.75 8.24 Oper Pft Mgn 4.05 6.14 6.44 7.05 0.41
Debt:Equity 0.72 0.57 0.71 0.61 0.69 D:E 0.81 0.76 0.92 0.70 0.72
OperRetOnInv 12.88 11.55 11.39 11.48 12.79 Current Ratio 1.76 1.75 1.58 1.75 1.77
OpInc:Turnover 100.00 100.00 100.00 100.00 100.00 Div Cover 2.30 2.67 2.93 1.80 -
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