Equites Property Fund Limited (JSE:EQU)

Equites Property Fund Statistics

Total Valuation

JSE:EQU has a market cap or net worth of ZAR 14.11 billion. The enterprise value is 26.59 billion.

Market Cap	14.11B
Enterprise Value	26.59B

Important Dates

The next estimated earnings date is Thursday, January 8, 2026.

Earnings Date	Jan 8, 2026
Ex-Dividend Date	Oct 29, 2025

Share Statistics

JSE:EQU has 825.99 million shares outstanding. The number of shares has increased by 5.65% in one year.

Current Share Class	825.99M
Shares Outstanding	825.99M
Shares Change (YoY)	+5.65%
Shares Change (QoQ)	-0.22%
Owned by Insiders (%)	2.54%
Owned by Institutions (%)	87.44%
Float	804.97M

Valuation Ratios

The trailing PE ratio is 9.76 and the forward PE ratio is 12.82.

Price/FFO Ratio	n/a
Price/AFFO Ratio	n/a
PE Ratio	9.76
Forward PE	12.82
PS Ratio	3.39
PB Ratio	0.79
P/TBV Ratio	1.01
P/FCF Ratio	12.61
P/OCF Ratio	12.49
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.33, with an EV/FCF ratio of 23.76.

EV / Earnings	16.72
EV / Sales	6.39
EV / EBITDA	13.33
EV / EBIT	13.39
EV / FCF	23.76

Financial Position

The company has a current ratio of 1.70, with a Debt / Equity ratio of 0.56.

Current Ratio	1.70
Quick Ratio	0.51
Debt / Equity	0.56
Debt / EBITDA	5.07
Debt / FCF	9.03
Interest Coverage	2.58

Financial Efficiency

Return on equity (ROE) is 11.43% and return on invested capital (ROIC) is 4.32%.

Return on Equity (ROE)	11.43%
Return on Assets (ROA)	4.01%
Return on Invested Capital (ROIC)	4.32%
Return on Capital Employed (ROCE)	7.65%
Revenue Per Employee	143.45M
Profits Per Employee	54.84M
Employee Count	29
Asset Turnover	0.13
Inventory Turnover	2.40

Taxes

In the past 12 months, JSE:EQU has paid 58.47 million in taxes.

Income Tax	58.47M
Effective Tax Rate	2.86%

Stock Price Statistics

The stock price has increased by +22.26% in the last 52 weeks. The beta is 0.28, so JSE:EQU's price volatility has been lower than the market average.

Beta (5Y)	0.28
52-Week Price Change	+22.26%
50-Day Moving Average	1,676.50
200-Day Moving Average	1,543.18
Relative Strength Index (RSI)	54.76
Average Volume (20 Days)	957,838

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, JSE:EQU had revenue of ZAR 4.16 billion and earned 1.59 billion in profits. Earnings per share was 1.89.

Revenue	4.16B
Gross Profit	2.11B
Operating Income	1.99B
Pretax Income	2.05B
Net Income	1.59B
EBITDA	1.99B
EBIT	1.99B
Earnings Per Share (EPS)	1.89

Balance Sheet

The company has 1.57 billion in cash and 10.11 billion in debt, giving a net cash position of -8.54 billion or -10.34 per share.

Cash & Cash Equivalents	1.57B
Total Debt	10.11B
Net Cash	-8.54B
Net Cash Per Share	-10.34
Equity (Book Value)	17.93B
Book Value Per Share	16.93
Working Capital	3.86B

Cash Flow

In the last 12 months, operating cash flow was 1.13 billion and capital expenditures -10.20 million, giving a free cash flow of 1.12 billion.

Operating Cash Flow	1.13B
Capital Expenditures	-10.20M
Free Cash Flow	1.12B
FCF Per Share	1.35

Margins

Gross margin is 50.84%, with operating and profit margins of 47.74% and 38.23%.

Gross Margin	50.84%
Operating Margin	47.74%
Pretax Margin	49.22%
Profit Margin	38.23%
EBITDA Margin	47.88%
EBIT Margin	47.74%
FCF Margin	26.90%

Dividends & Yields

This stock pays an annual dividend of 1.38, which amounts to a dividend yield of 8.08%.

Dividend Per Share	1.38
Dividend Yield	8.08%
Dividend Growth (YoY)	3.18%
Years of Dividend Growth	n/a
Payout Ratio	82.67%
Buyback Yield	-5.65%
Shareholder Yield	2.44%
Earnings Yield	11.27%
FCF Yield	7.93%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	3