Equites Property Fund Ltd
JSE:EQU
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.9), the stock would be worth Zac1 449.89 (17% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1 | Zac1 747 |
0%
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| 3-Year Average | 0.9 | Zac1 449.89 |
-17%
|
| 5-Year Average | 0.9 | Zac1 465.47 |
-16%
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| Country Average | 2.2 | Zac3 741.39 |
+114%
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Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| ZA |
E
|
Equites Property Fund Ltd
JSE:EQU
|
14.6B ZAR | 1 | 9.1 | |
| US |
G
|
GE Vernova LLC
NYSE:GEV
|
308.8B USD | 0 | 0 | |
| UK |
E
|
Eight Capital Partners PLC
F:ECS
|
158.4B EUR | 0 | 0 | |
| US |
C
|
China Industrial Group Inc
OTC:CIND
|
121B USD | 1 319.4 | 4 020.7 | |
| NL |
N
|
Nepi Rockcastle NV
JSE:NRP
|
102.4B ZAR | 1.1 | 10.5 | |
| US |
F
|
Fintech Ecosystem Development Corp
NASDAQ:FEXD
|
68.5B USD | 1 973.5 | 38 690 | |
| US |
C
|
CoreWeave Inc
NASDAQ:CRWV
|
55.3B USD | 0 | 0 | |
| CH |
G
|
Galderma Group AG
SIX:GALD
|
37.6B CHF | 0 | 0 | |
| US |
|
Symbotic Inc
NASDAQ:SYM
|
35.8B USD | 53.7 | -3 284.6 | |
| US |
|
Coupang Inc
F:788
|
31.5B EUR | 7.8 | 174.3 | |
| ZA |
V
|
Vukile Property Fund Ltd
JSE:VKE
|
30.1B ZAR | 1 | 6.9 |
Market Distribution
| Min | 0.5 |
| 30th Percentile | 1.8 |
| Median | 2.2 |
| 70th Percentile | 6.5 |
| Max | 10.9 |
Other Multiples
Equites Property Fund Ltd
Glance View
Equites Property Fund Ltd, a narrative of strategic foresight and logistical acumen, stands as a beacon in the realm of real estate investment trusts. Emerging from the vibrant South African market landscape, Equites has carved out a niche in the logistics and industrial property space. Its story starts with a keen focus on high-quality assets, strategically located in key nodes that facilitate supply chain efficiencies and cater predominantly to blue-chip tenants. This focus ensures long-term, stable income streams for the company, which are underpinned by lease agreements with robust occupiers, including omnichannel retailers and logistic giants. By aligning their property portfolio with the evolving demands of international logistics, Equites has expanded beyond South Africa's borders, reaching into the United Kingdom, a move which reflects their ambition to diversify risk and tap into mature markets with a similar demand for top-tier logistics properties. The company's revenue generation model is straightforward yet compelling, anchored in the collection of rent from its tenants. Growth is driven by a methodical acquisition strategy, targeting properties that promise a consistent yield and potential value appreciation. Equites enhances its sustainability through active management of its assets, investing in technologies and amenities that increase property efficiency, appeal, and lease longevity. This strategy stems from understanding that logistics properties are not just about location but also adaptability and technological advancement to keep pace with rapid changes in e-commerce and global distribution networks. Equites' ability to offer spaces that are technologically advanced and strategically located has seen it become a preferred partner for businesses looking for operational efficiency, positioning it for continued success in an ever-evolving industrial landscape.