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	Feb '26 Feb 5, 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	91.68%	33.34%	30.44%	-	-	-
Enterprise Value	13,816	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	5.32	3.70	5.76	3.05	4.82	9.38
PS Ratio	4.30	2.99	2.77	4.69	5.10	5.83
PB Ratio	0.92	0.64	0.56	0.55	0.88	0.99
P/OCF Ratio	16.12	11.22	10.41	11.15	11.82	11.61
EV/Sales Ratio	8.09	6.73	6.61	8.43	8.51	9.37
EV/EBITDA Ratio	14.30	11.89	11.20	13.31	14.12	14.79
EV/EBIT Ratio	14.72	12.23	11.45	13.54	14.22	14.88
Debt / Equity Ratio	0.67	0.67	0.75	0.73	0.67	0.62
Debt / EBITDA Ratio	5.49	5.49	6.19	9.79	6.38	5.74
Asset Turnover	0.13	0.13	0.13	0.08	0.11	0.10
Inventory Turnover	-	-	25.30	-	-	-
Quick Ratio	0.85	0.85	0.32	0.09	0.45	0.26
Current Ratio	1.26	1.26	0.92	0.45	0.63	0.39
Return on Equity (ROE)	21.91%	21.91%	14.38%	22.66%	19.54%	11.05%
Return on Assets (ROA)	4.55%	4.55%	4.61%	3.21%	4.05%	4.08%
Return on Invested Capital (ROIC)	7.04%	7.45%	7.43%	5.27%	6.67%	6.68%
Earnings Yield	18.78%	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	26.31%	26.31%	40.02%	27.46%	40.77%	71.22%
Buyback Yield / Dilution	-24.84%	-24.84%	-0.14%	-	-	-
Total Shareholder Return	-19.18%	-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.