Exemplar REITail Ratios and Metrics

Market cap in millions ZAR. Fiscal year is March - February.

Millions ZAR. Fiscal year is Mar - Feb.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Jun '25 Jun 13, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021	2016 - 2020
Market Capitalization	4,386	4,320	3,821	3,984	3,190	3,055	Upgrade
Market Cap Growth	13.04%	13.04%	-4.09%	24.90%	4.41%	-1.49%	Upgrade
Enterprise Value	8,738	8,160	7,266	6,867	6,021	5,387	Upgrade
Last Close Price	13.20	12.18	9.46	8.68	6.06	5.36	Upgrade
PE Ratio	4.06	3.89	5.39	4.09	3.49	13.20	Upgrade
PS Ratio	3.29	3.25	3.13	3.80	3.61	3.87	Upgrade
PB Ratio	0.75	0.73	0.74	0.81	0.71	0.80	Upgrade
P/OCF Ratio	8.20	8.08	7.88	7.82	7.14	11.46	Upgrade
EV/Sales Ratio	6.56	6.13	5.96	6.56	6.81	6.83	Upgrade
EV/EBITDA Ratio	10.37	9.68	9.70	10.16	11.26	11.18	Upgrade
EV/EBIT Ratio	10.41	9.72	9.72	10.18	11.28	11.20	Upgrade
Debt / Equity Ratio	0.70	0.70	0.64	0.62	0.60	0.68	Upgrade
Debt / EBITDA Ratio	4.91	4.91	4.44	4.49	5.04	5.39	Upgrade
Asset Turnover	0.14	0.14	0.14	0.13	0.12	0.12	Upgrade
Quick Ratio	0.33	0.33	0.17	0.19	1.50	0.07	Upgrade
Current Ratio	0.44	0.44	0.28	0.26	1.85	0.14	Upgrade
Return on Equity (ROE)	21.26%	21.26%	14.92%	21.86%	23.86%	6.21%	Upgrade
Return on Assets (ROA)	5.39%	5.39%	5.36%	5.28%	4.68%	4.67%	Upgrade
Return on Capital (ROIC)	5.66%	5.66%	5.67%	5.57%	4.90%	4.89%	Upgrade
Earnings Yield	25.33%	25.72%	18.55%	24.48%	28.66%	7.58%	Upgrade
Dividend Yield	10.33%	11.19%	12.82%	16.26%	19.41%	15.86%	Upgrade
Payout Ratio	44.98%	44.98%	67.53%	50.31%	35.41%	121.97%	Upgrade
Buyback Yield / Dilution	0.21%	0.21%	-1.18%	-1.75%	-1.67%	-1.48%	Upgrade
Total Shareholder Return	10.54%	11.40%	11.65%	14.51%	17.75%	14.38%	Upgrade

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.