Fortress REIT Limited

$ 2 515.00 0.08 %

Fortress began trading on the main board of the Johannesburg Stock Exchange (JSE) on October 22, 2009, initially established as a property loan stock company. Its inaugural market capitalization of R1.8 billion made it the most substantial initial listing in the entire listed property sector at that time. On July 1, 2013, Fortress transitioned its structure to become a Real Estate Investment Trust (REIT). The company operates as a hybrid fund, strategically investing in both directly owned real estate assets and securities of other listed property entities and REITs. A core focus for Fortress is the development of high-quality logistics properties, alongside ongoing investment in its retail portfolio. Currently, its diverse portfolio encompasses industrial, logistics, office, retail, and other property segments.

CEO: Steven Brown - https://www.fortressfund.co.za

Price objectif

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Recommandation

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DCF

$ 8 224.71

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FFB.JO vs S&P500

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Quick ratio

0.94

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

8.89

may indicate that the company is undervalued or has poor growth prospects.

EPS

2.83

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

11.14 %

reflects reasonable profitability, showing good use of equity.

ROIC

7.52 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

6.56

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.79

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

0.91

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

6.13 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
1.20 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.70 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.41 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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