Equites Property Fund Limited (“Equites”) is a South African REIT, with a clear 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 (“JSE”) on 18 June 2014 with a portfolio value of R1 billion and has since grown to a portfolio value to R19.3 billion 28 February 2021. The group continues to grow its portfolio through a significant development pipeline and high-quality acquisitions. Equites is the only listed property entity 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 | 13.8x | 7.3x | 9.1x | |
PEG Ratio | −0.66 | 0.04 | 0.01 | |
Price/Book | 0.9x | 0.8x | 0.9x | |
Price / LTM Sales | 3.1x | 3.9x | 3.9x | |
Upside (Analyst Target) | −16.6% | 5.3% | 12.5% | |
Fair Value Upside | Unlock | 10.5% | −0.4% | Unlock |