Burstone Group Limited

Burstone Group Limited

BTN · JSE · Real Estate / REIT - Diversified

977.00ZAC+5.00 (+0.51%)

Price History

Full chart

Market Stats

Previous Close972.00
Open968.00
Day Range968.00 – 983.00
52-Week Range812.00 – 1,021.00
Volume558.76K
Market Cap7.25B
P/E (TTM)9.41
Forward P/E0.00
EPS0.98
Dividend Yield10.47%
Beta0.21
50-Day Avg968.84
200-Day Avg956.38

About

Burstone Group Limited is a fully integrated international real estate business with c. R40 billion gross asset value under management. Burstone listed on the Johannesburg Stock Exchange (South Africa) in 2011 and currently operates in South Africa, select European markets and Australia. The Group has a strong management track record of more than 30 years' operating in both local and international markets. The Group is globally diversified and has the capability to invest across all aspects of the real estate life cycle, partnering with specific capital partners for specific opportunities. The Group operates a hybrid model of traditional real estate investment, stapled with expertise across fund management, investment management, asset management and development management. This approach supports the Group's strategy of delivering enhanced returns on capital deployed and maximizing operational leverage from its scalable platform. Burstone strives to deliver purposeful and authentic client experiences with agility, speed and passion. The Group can identify potential that lies within something and then transform it into something of real value. Across all regions in which the Group operates, the manager has a presence on the ground with in-country expertise and adopts a hands-on approach to managing its properties. Burstone Group Limited is incorporated in 1974 in South Africa.

Company Details

  • SectorReal Estate
  • IndustryREIT - Diversified
  • CEOMr. Andrew Robert Wooler
  • Employees50
  • Headquarters4th floor, 4 Sandown Valley Crescent, Sandton, South Africa, 2196, South Africa
  • Websitehttps://www.burstone.com

Leadership

  • Mr. Andrew Robert WoolerCEO & Executive Director · b. 1982
  • Mr. Myles Kritzinger C.A.Group CFO, Debt Officer & Executive Director · b. 1985
  • Mr. Graham I. HutchinsonManaging Director of South Africa · b. 1988
  • Sashnee MaistryHead of Legal, Risk & Compliance and Company Secretary
  • Ms. Laetitia SteynbergAsset Management Head
  • Mr. Paul RodgerManaging Director of Europe · b. 1980
  • Mr. Graeme A. KatzChief Executive Officer of Irongate · b. 1965

Financials

Income Statement

Currency: ZAR2012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue242.06M368.92M542.42M801.98M1.19B1.77B1.84B1.81B1.72B1.46B1.47B1.46B1.70B1.59B1.54B
Growth (%)-+52.41%+47.03%+47.85%+48.42%+48.49%+4.19%-1.97%-4.71%-14.91%+0.18%-0.54%+16.77%-6.51%-2.97%
Cost of Revenue30.31M50.89M76.55M102.67M149.55M214.28M257.34M340.46M346.50M361.40M366.15M639.53M699.79M764.03M770.68M
Gross Profit211.76M318.03M465.88M699.31M1.04B1.55B1.58B1.46B1.37B1.10B1.10B818.84M1.00B828.03M774.07M
Gross Margin87.48%86.21%85.89%87.20%87.44%87.88%86.03%81.14%79.86%75.31%75.03%56.15%58.91%52.01%50.11%
Operating Expense20.05M23.39M22.57M16.14M73.09M81.07M96.89M56.52M55.33M174.69M94.19M-214.16M-396.52M-413.13M-306.11M
Operating Income191.71M294.64M443.30M683.17M967.68M1.47B1.49B1.41B1.32B927.54M1.01B1.03B1.40B1.24B1.08B
Operating Margin79.20%79.87%81.73%85.19%81.30%83.29%80.76%78.01%76.64%63.37%68.60%70.83%82.19%77.96%69.93%
EBITDA303.47M477.09M704.65M1.28B2.10B2.10B2.09B1.86B3.17B883.37M1.15B1.13B1.35B-1.25B1.38B
EBITDA Margin125.37%129.32%129.91%159.25%176.65%118.97%113.66%102.90%184.38%60.35%78.35%77.69%79.43%-78.58%89.32%
Net Income109.00K171.00K506.74M884.66M1.11B1.46B1.25B1.43B1.71B-327.59M1.04B194.95M232.45M-2.22B799.92M
Net Income Margin0.05%0.05%93.42%110.31%93.55%82.53%67.75%78.99%99.17%-22.38%70.81%13.37%13.65%-139.69%51.78%
Interest Expense164.06M275.76M177.30M136.65M278.49M520.86M590.36M618.71M644.44M678.71M591.78M521.59M1.05B897.65M515.86M
Interest Expense % of Total Revenue67.78%74.75%32.69%17.04%23.40%29.47%32.06%34.27%37.46%46.37%40.36%35.76%61.44%56.38%33.39%

Balance Sheet

Currency: ZAR2012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets2.08B4.64B6.55B8.83B17.25B19.08B19.95B21.67B31.15B25.15B24.04B25.38B25.85B18.57B17.66B
Total Liabilities243.96M696.17M1.44B2.22B6.15B6.92B7.31B8.54B16.50B11.75B10.39B12.37B13.41B9.09B8.18B
Total Equity1.84B3.94B5.11B6.62B11.10B12.17B12.64B13.13B14.65B13.40B13.65B13.01B12.44B9.48B9.49B
Cash4.57M398.73M35.69M60.99M53.46M159.38M457.04M330.24M643.07M225.59M235.78M302.75M283.51M1.32B322.96M
Total Debt130.90M450.00M1.02B2.05B5.79B6.39B6.76B7.95B14.87B10.33B9.63B11.54B12.16B7.64B6.90B
Net Debt126.33M51.27M989.19M1.99B5.74B6.23B6.30B7.61B14.23B10.10B9.40B11.24B11.87B6.32B6.58B

Cash Flow

Currency: ZAR2012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow99.82M64.37M8.13M102.96M-16.01M282.14M-132.26M-159.79M-40.93M30.52M-300.96M-103.89M625.98M151.37M565.27M
Investing Cash Flow-1.93B-1.49B-1.22B-1.88B-6.45B-1.03B-68.73M-1.19B-6.13B3.96B995.28M-1.18B-225.33M5.59B68.40M
Financing Cash Flow1.83B1.82B1.17B1.48B6.46B850.26M548.96M1.22B6.43B-4.41B-684.13M1.35B-428.69M-5.28B-1.67B
Capital Expenditure027.98M60.50M81.91M94.11M195.78M99.07M182.03M1.46B0222.23M374.83M281.32M192.11M655.00K
Free Cash Flow99.82M36.39M-52.37M102.96M-110.12M86.35M-231.33M-341.82M-1.50B30.52M-300.96M-478.72M625.98M151.37M564.62M
Dividends Paid--344.98M426.03M711.40M673.61M979.17M1.02B1.06B554.34M1.14B-782.82M688.47M753.45M
FCF to OCF100.00%56.54%-643.88%100.00%687.69%30.61%174.90%213.92%3665.71%100.00%100.00%460.79%100.00%100.00%99.88%
Dividend Paid to FCF---658.76%413.78%-646.03%780.07%-423.28%-298.34%-70.88%1816.09%-379.77%-125.06%454.81%133.44%

Key Statistics & Ratios

Market Cap7.25B
Enterprise Value14.33B
Trailing P/E9.41
Forward P/E0.00
Price / Sales3.58
Price / Book0.81
EPS0.98
Book Value12.06
Revenue (TTM)2.02B
Gross Profit (TTM)1.27B
EBITDA991.44M
Profit Margin39.51%
Operating Margin54.58%
Return on Equity8.43%
Return on Assets3.26%
Shares Outstanding786.36M
Shares Float617.48M
Beta0.21
Dividend Yield10.47%
Dividend Rate0.97
Payout Ratio93.34%

Dividends

20231×
48.32Jun 13, 2023
20222×
51.09Dec 13, 202252.46Jun 8, 2022
20213×
49.77Dec 8, 202147.70Jun 9, 202144.52Apr 14, 2021
20202×
29.82Dec 9, 202039.05Oct 14, 2020
20192×
70.93Dec 11, 201973.51Jun 12, 2019
20182×
68.81Dec 12, 201870.16Jun 13, 2018
20172×
68.37Dec 13, 201766.74Jun 13, 2017
20162×
60.91Dec 13, 201635.35Jun 6, 2016
20153×
29.68Dec 11, 201559.63Dec 7, 201564.22Jun 8, 2015
20142×
54.42Dec 8, 201457.50Jun 9, 2014
20132×
50.24Dec 9, 20130.04Jun 10, 2013
20121×
46.60Dec 3, 2012

Stock Splits

  • Nov 30, 2015465:463
  • Oct 8, 2012614:557