Spear Reit Limited (JSE:SEA)

Spear Reit Ratios and Metrics

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

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 21, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Market Capitalization	4,353	2,593	1,863	1,666	1,990	1,063
Market Cap Growth	75.27%	39.14%	11.87%	-16.30%	87.20%	-41.60%
Enterprise Value	5,171	3,631	3,658	3,448	4,152	3,195
Last Close Price	11.00	9.32	7.33	5.79	6.10	3.33
PE Ratio	5.59	4.94	5.14	9.14	12.07	20.06
PS Ratio	5.61	3.76	3.02	2.87	3.46	2.00
PB Ratio	0.91	0.66	0.61	0.64	0.74	0.45
P/OCF Ratio	12.19	8.52	8.97	7.91	12.39	6.52
EV/Sales Ratio	6.66	5.26	5.94	5.94	7.23	6.02
EV/EBITDA Ratio	11.82	9.35	10.16	10.22	12.50	9.65
EV/EBIT Ratio	12.27	9.74	10.62	10.70	13.04	10.01
Debt / Equity Ratio	0.33	0.41	0.49	0.60	0.67	0.88
Debt / EBITDA Ratio	3.67	4.10	4.17	4.64	5.37	6.36
Asset Turnover	0.14	0.13	0.14	0.13	0.13	0.12
Quick Ratio	2.13	0.14	0.13	0.08	0.58	0.09
Current Ratio	2.40	0.32	1.41	0.97	1.52	0.15
Return on Equity (ROE)	16.79%	15.01%	12.76%	6.90%	6.51%	2.32%
Return on Assets (ROA)	4.88%	4.52%	4.82%	4.58%	4.37%	4.49%
Return on Capital (ROIC)	4.97%	4.62%	4.92%	4.67%	4.45%	4.57%
Earnings Yield	15.34%	20.25%	19.47%	10.94%	8.29%	4.99%
Dividend Yield	7.39%	8.72%	10.77%	13.13%	11.19%	17.60%
Payout Ratio	38.82%	43.97%	47.39%	91.95%	76.98%	287.53%
Buyback Yield / Dilution	-37.97%	-27.76%	2.82%	-8.87%	-4.13%	-3.71%
Total Shareholder Return	-30.67%	-19.04%	13.59%	4.27%	7.05%	13.89%

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.