Spear Reit Limited (JSE:SEA)

Spear Reit Statistics

Total Valuation

Spear Reit has a market cap or net worth of ZAR 4.47 billion. The enterprise value is 5.29 billion.

Market Cap	4.47B
Enterprise Value	5.29B

Important Dates

The next estimated earnings date is Monday, January 19, 2026.

Earnings Date	Jan 19, 2026
Ex-Dividend Date	Nov 5, 2025

Share Statistics

Spear Reit has 395.76 million shares outstanding. The number of shares has increased by 37.97% in one year.

Current Share Class	395.76M
Shares Outstanding	395.76M
Shares Change (YoY)	+37.97%
Shares Change (QoQ)	+12.41%
Owned by Insiders (%)	11.05%
Owned by Institutions (%)	50.43%
Float	352.03M

Valuation Ratios

The trailing PE ratio is 5.74.

Price/FFO Ratio	n/a
Price/AFFO Ratio	n/a
PE Ratio	5.74
Forward PE	n/a
PS Ratio	5.76
PB Ratio	0.93
P/TBV Ratio	0.93
P/FCF Ratio	n/a
P/OCF Ratio	12.52
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	7.92
EV / Sales	6.81
EV / EBITDA	12.09
EV / EBIT	12.55
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.40, with a Debt / Equity ratio of 0.33.

Current Ratio	2.40
Quick Ratio	2.13
Debt / Equity	0.33
Debt / EBITDA	3.67
Debt / FCF	n/a
Interest Coverage	3.16

Financial Efficiency

Return on equity (ROE) is 16.79% and return on invested capital (ROIC) is 4.97%.

Return on Equity (ROE)	16.79%
Return on Assets (ROA)	4.88%
Return on Invested Capital (ROIC)	4.97%
Return on Capital Employed (ROCE)	6.87%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	30
Asset Turnover	0.14
Inventory Turnover	n/a

Taxes

In the past 12 months, Spear Reit has paid 7.77 million in taxes.

Income Tax	7.77M
Effective Tax Rate	1.15%

Stock Price Statistics

The stock price has increased by +18.95% in the last 52 weeks. The beta is 0.12, so Spear Reit's price volatility has been lower than the market average.

Beta (5Y)	0.12
52-Week Price Change	+18.95%
50-Day Moving Average	1,051.72
200-Day Moving Average	1,000.66
Relative Strength Index (RSI)	63.22
Average Volume (20 Days)	317,149

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Spear Reit had revenue of ZAR 776.27 million and earned 667.74 million in profits. Earnings per share was 1.97.

Revenue	776.27M
Gross Profit	506.94M
Operating Income	421.46M
Pretax Income	675.50M
Net Income	667.74M
EBITDA	437.52M
EBIT	421.46M
Earnings Per Share (EPS)	1.97

Balance Sheet

The company has 800.88 million in cash and 1.61 billion in debt, giving a net cash position of -804.85 million or -2.03 per share.

Cash & Cash Equivalents	800.88M
Total Debt	1.61B
Net Cash	-804.85M
Net Cash Per Share	-2.03
Equity (Book Value)	4.80B
Book Value Per Share	12.10
Working Capital	539.37M

Cash Flow

Operating Cash Flow	357.21M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 65.30%, with operating and profit margins of 54.29% and 86.02%.

Gross Margin	65.30%
Operating Margin	54.29%
Pretax Margin	87.02%
Profit Margin	86.02%
EBITDA Margin	56.36%
EBIT Margin	54.29%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.83, which amounts to a dividend yield of 7.37%.

Dividend Per Share	0.83
Dividend Yield	7.37%
Dividend Growth (YoY)	4.08%
Years of Dividend Growth	3
Payout Ratio	38.82%
Buyback Yield	-37.97%
Shareholder Yield	-30.59%
Earnings Yield	14.93%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	5