Heriot REIT Ratios and Metrics

Market cap in millions ZAR. Fiscal year is July - June.

Millions ZAR. Fiscal year is Jul - Jun.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 26, 2026	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Market Capitalization	7,343	5,108	3,831	2,937	2,937	2,937
Market Cap Growth	43.75%	33.34%	30.44%	-	-	-
Enterprise Value	13,223	11,484	9,156	5,277	4,904	4,725
Last Close Price	23.00	15.35	13.39	9.49	8.65	7.93
PE Ratio	5.62	3.70	5.76	3.05	4.82	9.38
PS Ratio	4.24	2.99	2.77	4.69	5.10	5.83
PB Ratio	0.98	0.64	0.56	0.55	0.88	0.99
P/OCF Ratio	9.78	11.22	10.41	11.15	11.82	11.61
EV/Sales Ratio	7.63	6.73	6.61	8.43	8.51	9.37
EV/EBITDA Ratio	12.95	11.89	11.20	13.31	14.12	14.79
EV/EBIT Ratio	13.48	12.23	11.45	13.54	14.22	14.88
Debt / Equity Ratio	0.80	0.67	0.75	0.73	0.67	0.62
Debt / EBITDA Ratio	5.88	5.49	6.19	9.79	6.38	5.74
Net Debt / Equity Ratio	0.78	0.65	0.74	0.72	0.63	0.58
Net Debt / EBITDA Ratio	5.69	5.37	6.10	9.67	6.03	5.40
Asset Turnover	0.13	0.13	0.13	0.08	0.11	0.10
Inventory Turnover	-	-	25.30	-	-	-
Quick Ratio	0.31	0.85	0.32	0.09	0.45	0.26
Current Ratio	0.43	1.26	0.92	0.45	0.63	0.39
Return on Equity (ROE)	20.68%	21.91%	14.38%	22.66%	19.54%	11.05%
Return on Assets (ROA)	4.58%	4.55%	4.61%	3.21%	4.05%	4.08%
Return on Invested Capital (ROIC)	7.26%	7.45%	7.43%	5.27%	6.67%	6.68%
Earnings Yield	17.80%	27.00%	17.35%	32.82%	20.76%	10.66%
Dividend Yield	5.66%	7.94%	7.97%	11.21%	11.80%	11.43%
Payout Ratio	32.04%	26.31%	40.02%	27.46%	40.77%	71.22%
Buyback Yield / Dilution	-10.98%	-24.84%	-0.14%	-	-	-
Total Shareholder Return	-5.32%	-16.89%	7.83%	11.21%	11.80%	11.43%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.