Page 202 - Profile's Stock Exchange Handbook - 2025 Issue 4

JSE - STE Profile’s Stock Exchange Handbook: 2025 - Issue 4
Stefanutti Stocks Holdings Ltd. Stor-Age Property REIT Ltd.

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 multidisciplinary NATURE OF BUSINESS: Stor-Age is one of only 12 publicly traded
construction group that delivers projects, of any scale, to diverse self storage Real Estate Investment Trusts (REITs) globally, Stor-Age
sectors in the built environment. The group’s geographical is the leading and largest self storage property fund and brand in
footprint spans South Africa and other sub-Saharan African South Africa, and the first and only self storage REIT listed on any
countries where its mission is to deliver exceptional engineering emerging market exchange. In November 2017 Stor-Age entered
solutions that enrich people’s lives. the United Kingdom (UK) with the strategic acquisition of Storage
SECTOR: Inds--Constr&Mats--Constr&Mats--Construction King – the fifth largest self storage brand in the UK2.
NUMBER OF EMPLOYEES: 5 507 SECTOR: RealEstate--RealEstate--REITs--Storage REITs
DIRECTORS: Craig H (ind ne), Harie B (ind ne), Silwanyana B (ind ne), NUMBER OF EMPLOYEES: 528
Matlala Z (Chair, ind ne), Crawford R (CEO), du Plessis Y (CFO) DIRECTORS: Chapman J (ld ind ne), de Kock K (ind ne), Horton S,
MAJOR ORDINARY SHAREHOLDERS as at 28 Feb 2025 Koranteng A A (ind ne), Menigo A (ind ne), Morojele M (ind ne),
M J Schwegmann 11.03% Varachhia A (ind ne), Blackshaw G (Chair, ne), Lucas G (CEO), Lucas S (FD)
Stefanutti Stocks Investments (Pty) Ltd. 7.66% MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2025
The Windsor Drive Property Trust 5.82% Public Investment Corporation 13.77%
POSTAL ADDRESS: Private Bag X2032, Isando, 1600 Old Mutual Investment Group (Pty) Ltd. 10.57%
MORE INFO: www.sharedata.co.za/sdo/jse/SSK Coronation Asset Management (Pty) Ltd. 10.22%
COMPANY SECRETARY: William Somerville POSTAL ADDRESS: PO Box 53154, Kenilworth, Cape Town, 7745
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. MORE INFO: www.sharedata.co.za/sdo/jse/SSS
SPONSOR: Bridge Capital Advisors (Pty) Ltd. COMPANY SECRETARY: Henry Steyn
AUDITORS: Forvis Mazars TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
CAPITAL STRUCTURE Authorised Issued SPONSOR: Investec Bank Ltd.
SSK Ords 0.00025c ea 400 000 000 188 080 746 AUDITORS: BDO Inc.
Issued
Authorised
DISTRIBUTIONS [ZARc] CAPITAL STRUCTURE 1 000 000 000 483 241 457
Ords no par val
SSS
Ords 0.00025c ea Ldt Pay Amt
Final No 7 29 Jun 12 9 Jul 12 12.00 DISTRIBUTIONS [ZARc]
Interim No 6 2 Dec 11 12 Dec 11 12.00 Ords no par val Ldt Pay Amt
LIQUIDITY: Oct25 Avg 516 302 shares p.w., R2.1m(14.3% p.a.) Final No 19 1 Jul 25 7 Jul 25 53.56
Interim No 18 26 Nov 24 2 Dec 24 57.16
STEFSTOCK 40 Week MA CONM LIQUIDITY: Oct25 Avg 3m shares p.w., R45.5m(31.6% p.a.)
600
500 STOR-AGE 40 Week MA REIV
2200
400
2000
300
1800
200
1600
100
1400
0
2021 2022 2023 2024 2025 1200
1000
FINANCIAL STATISTICS 2021 2022 2023 2024 2025
Feb 25 Feb 24 Feb 23 Feb 22 Feb 21
(R million) FINANCIAL STATISTICS
Final Final Final(rst) Final(rst) Final(rst)
Turnover 7 657 7 084 6 051 5 968 4 692 (R ’000) Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Op Inc 333 210 101 - 107 - 55 Final Final Final Final Final(rst)
NetIntPd(Rcvd) 77 107 100 94 87 Turnover 1 319 278 1 228 346 1 070 788 910 682 800 222
Minority Int - - - - - 3 Op Inc 843 803 783 907 673 764 648 494 502 615
Att Inc 131 16 15 - 415 - 287 NetIntPd(Rcvd) 267 127 204 478 140 201 90 934 63 468
TotCompIncLoss 63 13 24 - 443 - 359 Minority Int 17 346 5 176 7 083 11 506 10 313
Fixed Ass 865 529 458 466 608 Att Inc 1 411 286 706 216 724 583 1 019 737 1 192 294
Tot Curr Ass 3 003 3 424 3 175 2 913 3 148 TotCompIncLoss 1 425 648 970 188 1 133 142 893 290 1 081 807
Ord SH Int 16 - 52 - 66 - 90 353 Fixed Ass 12 448 921 11 706 324 10 763 563 9 554 975 7 885 017
LT Liab 237 189 262 134 270 Inv & Loans 738 799 733 754 449 586 257 418 34 111
Tot Curr Liab 4 306 4 560 4 316 4 375 4 506 Tot Curr Ass 512 722 455 390 501 124 356 911 260 067
PER SHARE STATISTICS (cents per share) Ord SH Int 8 465 739 7 534 040 7 136 203 6 596 974 5 618 145
HEPS-C (ZARc) 125.13 - 5.52 - 27.29 - 82.88 - 121.87 Minority Int 79 346 64 554 58 416 46 213 38 608
NAV PS (ZARc) 9.75 - 30.91 - 39.68 - 53.83 210.81 LT Liab 4 690 787 4 681 266 4 075 662 3 135 260 1 746 619
3 Yr Beta 1.59 0.50 0.44 0.59 0.21 Tot Curr Liab 640 725 834 201 785 922 727 189 1 097 850
Price High 494 165 175 60 50 PER SHARE STATISTICS (cents per share)
Price Low 92 92 47 24 12 HEPS-C (ZARc) 100.97 89.15 105.38 109.35 112.11
Price Prd End 374 112 146 48 25 DPS (ZARc) 110.72 118.17 118.14 111.90 106.08
RATIOS NAV PS (ZARc) 1 704.00 1 614.00 1 514.00 1 390.00 1 298.00
Ret on SH Fnd 805.92 - 30.73 - 21.98 461.24 - 82.31 3 Yr Beta 0.08 0.06 0.24 0.41 0.44
Oper Pft Mgn 4.35 2.96 1.68 - 1.79 - 1.17 Price High 1 598 1 433 1 548 1 534 1 481
D:E 15.95 - 3.65 - 4.22 - 1.69 0.82 Price Low 1 231 1 135 1 206 1 300 1 156
Current Ratio 0.70 0.75 0.74 0.67 0.70 Price Prd End 1 459 1 356 1 285 1 478 1 310
RATIOS
Ret on SH Fnd 16.72 9.36 10.17 15.52 21.26
Oper Pft Mgn 63.96 63.82 62.92 71.21 62.81
D:E 0.55 0.64 0.59 0.50 0.42
Current Ratio 0.80 0.55 0.64 0.49 0.24
Div Cover 2.66 1.26 1.29 2.07 2.66
200