Skip to main content
logo
Spear Reit Limited (JSE:SEA)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
1,363.00
-12.00 (-0.87%)
Nov 6, 2026, 5:00 PM SAST

Spear Reit Financials Overview

Millions ZAR. Fiscal year is Mar - Feb.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
Revenue
965.19852.32690.35616.21580.15574.56
Revenue Growth
13.24%23.46%12.03%6.21%0.97%8.30%
Net Income
995.98799.75525.12362.74182.21164.92
Earnings Per Share
2.222.061.791.580.770.76
EPS Growth
7.56%14.94%13.31%104.85%1.48%198.82%

Revenue by Segment
Chart
Fiscal Year
FY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingFeb '26 Feb '25 Feb '24 Feb '23 Feb '22
Industrial
367.88290.06230.85188.35188.16
Commercial
319.15285.86291.05272.98263.2
Retail
164.83114.1496.690.6888.65
Development
0.02-0.07--
Total
851.88690.06619.4581.23574.86

Cash & Debt
Chart
Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
Cash & Investments
637.23392.7273.8625.0519.5329.21
Total Debt
2,5712,0401,5931,5011,5661,785
Net Cash (Debt)
-1,934-1,647-1,519-1,476-1,546-1,756
Net Cash Growth
------
Net Cash Per Share
-4.31-4.25-5.19-6.44-6.56-8.11

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
Operating Cash Flow
486.46396.12304.51207.83210.66160.68
Free Cash Flow
486.46396.12304.51207.83210.66160.68
Free Cash Flow Growth
22.81%30.08%46.52%-1.35%31.11%-1.44%

Margins
Chart
Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
Operating Margin
51.62%53.06%54.01%55.93%55.54%55.43%
Pretax Margin
103.70%94.30%77.12%59.18%31.84%29.39%
Profit Margin
103.19%93.83%76.07%58.87%31.41%28.70%

Dividends
Chart
Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
Dividend Per Share
0.8620.8620.8130.7890.7600.682
Dividend Per Share Growth
7.40%6.02%3.06%3.79%11.33%16.27%
Dividend Yield
6.32%6.95%10.04%11.01%10.31%8.04%

Valuation
Chart
Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
PE Ratio
6.156.454.945.149.1412.07
PS Ratio
7.136.063.763.022.873.46