Spear Reit Limited (JSE:SEA)

Spear Reit Ratios and Metrics

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

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 19, 2026	Feb 28, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022
Market Capitalization	5,145	5,161	2,593	1,863	1,666	1,990
Market Cap Growth	100.91%	99.03%	39.14%	11.87%	-16.30%	87.20%
Enterprise Value	4,765	5,979	3,631	3,658	3,448	4,152
Last Close Price	13.00	13.04	8.98	7.06	5.57	5.88
PE Ratio	6.31	6.45	4.94	5.14	9.14	12.07
PS Ratio	6.03	6.05	3.76	3.02	2.87	3.46
PB Ratio	0.95	0.96	0.66	0.61	0.64	0.74
P/OCF Ratio	12.99	13.03	8.52	8.97	7.91	12.39
EV/Sales Ratio	5.59	7.01	5.26	5.94	5.94	7.23
EV/EBITDA Ratio	10.14	12.72	9.35	10.16	10.22	12.50
EV/EBIT Ratio	10.52	13.20	9.74	10.62	10.70	13.04
Debt / Equity Ratio	-	-	0.41	0.49	0.60	0.67
Debt / EBITDA Ratio	-	-	4.10	4.17	4.64	5.37
Net Debt / Equity Ratio	-0.07	-0.07	0.39	0.48	0.59	0.66
Net Debt / EBITDA Ratio	-0.84	-0.84	3.91	4.10	4.58	5.29
Asset Turnover	0.13	0.13	0.13	0.14	0.13	0.13
Quick Ratio	1.58	1.58	0.14	0.13	0.08	0.58
Current Ratio	1.99	1.99	0.32	1.41	0.97	1.52
Return on Equity (ROE)	17.18%	17.18%	15.01%	12.76%	6.90%	6.51%
Return on Assets (ROA)	4.28%	4.28%	4.52%	4.82%	4.58%	4.37%
Return on Invested Capital (ROIC)	8.37%	8.27%	7.29%	7.84%	7.36%	6.95%
Earnings Yield	15.54%	15.50%	20.25%	19.47%	10.94%	8.29%
Dividend Yield	6.41%	6.61%	9.05%	11.18%	13.63%	11.61%
Payout Ratio	37.56%	37.56%	43.97%	47.39%	91.95%	76.98%
Buyback Yield / Dilution	-32.50%	-32.50%	-27.76%	2.82%	-8.87%	-4.13%
Total Shareholder Return	-26.09%	-25.90%	-18.71%	14.00%	4.77%	7.48%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.