Equites Property Fund Limited is a South African real estate investment trust, with a definite focus on being a market leader in the logistics property market by developing and acquiring A-grade, modern logistics facilities in prime locations in South Africa and the United Kingdom. Equites listed on the Johannesburg Stock Exchange on 18 June 2014 with a portfolio value of R1 billion and has since grown to a portfolio value of R25.7 billion at 28 February 2022. The group continues to grow its portfolio through a significant development pipeline and high-quality acquisitions. Equites is SA's only and largest listed, exclusively logistics-focused REIT on the JSE to provide shareholders with pure exposure to prime logistics assets.
Metrics to compare | EQUJ | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipEQUJPeersSector | |
---|---|---|---|---|
P/E Ratio | 12.5x | 7.0x | 7.5x | |
PEG Ratio | 0.07 | 0.01 | 0.01 | |
Price/Book | 0.9x | 0.7x | 0.9x | |
Price / LTM Sales | 3.5x | 3.7x | 4.0x | |
Upside (Analyst Target) | −16.0% | 9.8% | 15.3% | |
Fair Value Upside | Unlock | −2.9% | 0.4% | Unlock |