Spear Reit Ratios and Metrics

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

Millions ZAR. Fiscal year is Mar - Feb.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2017
Period Ending	Apr '25 Apr 1, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021	Feb '20 Feb 29, 2020	2019 - 2017
Market Capitalization	2,489	1,863	1,666	1,990	1,063	1,820	Upgrade
Market Cap Growth	45.96%	11.87%	-16.30%	87.20%	-41.60%	-8.12%	Upgrade
Enterprise Value	3,527	3,658	3,448	4,152	3,195	3,380	Upgrade
Last Close Price	9.31	7.62	6.02	6.35	3.47	5.30	Upgrade
PE Ratio	6.29	5.14	9.14	12.07	20.06	8.78	Upgrade
PS Ratio	3.55	3.03	2.87	3.46	2.00	3.46	Upgrade
PB Ratio	0.79	0.61	0.64	0.74	0.45	0.72	Upgrade
P/OCF Ratio	12.26	8.97	7.91	12.39	6.52	8.65	Upgrade
EV/Sales Ratio	5.59	5.94	5.94	7.23	6.02	6.42	Upgrade
EV/EBITDA Ratio	10.04	10.26	10.22	12.50	9.65	10.12	Upgrade
EV/EBIT Ratio	10.51	10.72	10.70	13.04	10.01	10.35	Upgrade
Debt / Equity Ratio	0.33	0.49	0.60	0.67	0.88	0.68	Upgrade
Debt / EBITDA Ratio	2.97	4.21	4.64	5.37	6.36	5.12	Upgrade
Asset Turnover	0.14	0.14	0.13	0.13	0.12	0.13	Upgrade
Quick Ratio	0.12	0.13	0.08	0.58	0.09	0.13	Upgrade
Current Ratio	0.63	1.41	0.97	1.52	0.15	0.20	Upgrade
Return on Equity (ROE)	12.64%	12.75%	6.90%	6.51%	2.32%	8.73%	Upgrade
Return on Assets (ROA)	4.78%	4.77%	4.58%	4.37%	4.49%	4.97%	Upgrade
Return on Capital (ROIC)	4.88%	4.87%	4.67%	4.45%	4.57%	5.04%	Upgrade
Earnings Yield	14.62%	19.47%	10.94%	8.29%	4.99%	11.39%	Upgrade
Dividend Yield	8.61%	10.34%	12.62%	10.75%	16.91%	17.28%	Upgrade
Payout Ratio	52.45%	47.39%	91.95%	76.98%	287.53%	84.72%	Upgrade
Buyback Yield / Dilution	-7.07%	2.82%	-8.87%	-4.13%	-3.71%	-11.15%	Upgrade
Total Shareholder Return	1.53%	13.16%	3.75%	6.61%	13.20%	6.13%	Upgrade

Updated Oct 24, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.