Full history for every metric is available with a Kvantra account
Investec Property Fund Limited (IPF.JO)
Key financial summary
Financials in ZAR| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | ZAR m | 1,842 | 1,805 | 1,720 | 1,464 | 1,466 | 1,458 | 1,458 |
| Operating profit | ZAR m | 1,033 | 1,033 | |||||
| Net profit | ZAR m | 1,248 | 1,426 | 1,706 | -328 | 1,038 | 195 | 195 |
| EPS reported | ZAR | 0.24 | 0.24 | |||||
| Operating cashflow per share | ZAR | -0.13 | -0.13 | |||||
| Capex per share | ZAR | 0.47 | 0.47 | |||||
| FCF per share | ZAR | -0.59 | -0.59 | |||||
| Free cash flow | ZAR m | -479 | -479 | |||||
| Net debt | ZAR m | 11,238 | 11,238 | |||||
| Book value equity | ZAR m | 13,014 | 13,014 | |||||
| Book value per share | ZAR | 16.17 | 16.17 | |||||
| Number of shares | m | 804.92 | 804.92 | |||||
| DPS (TTM paid) | ZAR | 0.99 | 0.00 |
Financial summary
Financials in ZAR| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 34.06 | - | |||||
| P/B LTM | x | 0.51 | 0.44 | |||||
| P/S LTM | x | 4.55 | 0.00 | |||||
| P/FCF LTM | x | -13.87 | 0.00 | |||||
| EV/EBITDA LTM | x | 15.78 | 9.92 | |||||
| EV/Sales LTM | x | 12.26 | 7.71 | |||||
| Earnings Yield LTM | % | 2.94% | 3.37% | |||||
| FCF Yield | % | -7.21% | - | |||||
| Quality | ||||||||
| ROE | % | 1.50% | 1.46% | |||||
| ROIC | % | 4.18% | 4.18% | |||||
| Operating margin | % | 70.83% | 70.83% | |||||
| Gross margin | % | 56.15% | 56.15% | |||||
| FCF/Sales | % | -32.83% | -32.83% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -81.23% | -81.23% | |||||
| Sales Growth YoY | % | -0.54% | -0.54% | |||||
| Net Income Growth YoY | % | -81.22% | -81.22% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | +2.69% | +2.69% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 12.55% | 0.00% | |||||
| Dividend Growth | % | -2.76% | - | |||||
| Payout Ratio | % | 427.55% | 4.28% | |||||
| FCF/Debt | x | -0.04 | -0.04 | |||||
| Net Debt/EBITDA | x | 9.92 | 9.92 | |||||
| EBIT/Net interest | x | 1.98 | 1.98 | |||||
| Net debt/market cap | % | 169.24% | - | |||||
| Net debt/Equity | x | 0.86 | 0.86 | |||||
| Gross debt/equity | x | 0.89 | 0.89 | |||||
Company overview
Investec Property Fund Limited (IPF), a South African Real Estate Investment Trust (REIT), commenced trading on the Johannesburg Stock Exchange (JSE) in 2011. Its diversified investment portfolio, valued at R27 billion, spans direct and indirect real estate holdings across South Africa, the United Kingdom, and Europe. Domestically, IPF directly controls 92 properties valued at R15.7 billion, encompassing retail, industrial, and office sectors, alongside a R0.3 billion, 35% stake in Izandla. A significant portion of the Fund's financial strength, approximately 50% of its balance sheet and 45% of its earnings, is generated from its international ventures. These offshore investments primarily target logistics properties within the developed markets of Europe and the UK, where IPF benefits from on-the-ground management and local expertise. Notable international holdings include a R1.0 billion interest in the Argo UK Fund, a R6.8 billion investment in a Pan-European logistics portfolio, and a R0.3 billion stake in a Pan-European light industrial portfolio. IPF's investment philosophy emphasizes acquiring prime assets with robust property fundamentals in strategically chosen sectors and geographies, always backed by local operational knowledge. Reflecting a recent strategic pivot, logistics assets now constitute 46% of IPF's total global investments. The company, incorporated in South Africa (registration number 2008/011366/06), is listed on the JSE within the Real Estate Holdings and Development sector and achieved REIT status on April 1, 2013.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Investec Property Fund Limited (IPF.JO)
Investec Property Fund Limited (IPF), a South African Real Estate Investment Trust (REIT), commenced trading on the Johannesburg Stock Exchange (JSE) in 2011. Its diversified investment portfolio, valued at R27 billion, spans direct and indirect real estate holdings across South Africa, the United Kingdom, and Europe. Domestically, IPF directly controls 92 properties valued at R15.7 billion, encompassing retail, industrial, and office sectors, alongside a R0.3 billion, 35% stake in Izandla. A significant portion of the Fund's financial strength, approximately 50% of its balance sheet and 45% of its earnings, is generated from its international ventures. These offshore investments primarily target logistics properties within the developed markets of Europe and the UK, where IPF benefits from on-the-ground management and local expertise. Notable international holdings include a R1.0 billion interest in the Argo UK Fund, a R6.8 billion investment in a Pan-European logistics portfolio, and a R0.3 billion stake in a Pan-European light industrial portfolio. IPF's investment philosophy emphasizes acquiring prime assets with robust property fundamentals in strategically chosen sectors and geographies, always backed by local operational knowledge. Reflecting a recent strategic pivot, logistics assets now constitute 46% of IPF's total global investments. The company, incorporated in South Africa (registration number 2008/011366/06), is listed on the JSE within the Real Estate Holdings and Development sector and achieved REIT status on April 1, 2013.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free