YOLFTbeta
Balwin Properties Ltd

Balwin Properties Ltd

BWN · JSE · Real Estate / Real Estate - Development

435.00ZAC+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close435.00
Open435.00
Day Range435.00 – 435.00
52-Week Range240.00 – 436.00
Volume0
Market Cap2.05B
P/E (TTM)8.53
Forward P/E0.00
EPS0.51
Dividend Yield0.00%
Beta0.40
50-Day Avg391.69
200-Day Avg357.97

About

Balwin Properties Limited, together with its subsidiaries, engages in the development and sale of residential properties in South Africa. It operates through Sale of Apartments and Land; Provision of Services to Residential Estates; Bond Commission; Property Rentals; and Balwin Foundation segments. The company sells sectional title apartments. It also engages in various businesses, including fibre infrastructure and related services; mortgage bonds; manages and deploys renewable assets, solar PV systems, and wastewater treatment plants; security and access control supply and services; internet services; and maintenance services to body corporates. In addition, the company is involved in the art activities; operation on run series; rental of residential properties; investment and management of commercial properties; management of lifestyle amenities within developments; rental of digital advertising and cell tower infrastructure; online sale of sports equipment; and resale of previously owned Balwin apartments. Balwin Properties Limited was founded in 1996 and is based in Johannesburg, South Africa.

Company Details

  • SectorReal Estate
  • IndustryReal Estate - Development
  • CEOMr. Stephen Volker Brookes
  • Employees0
  • Headquarters105 Corlett Drive, Johannesburg, South Africa, 2196, South Africa
  • Websitehttps://balwin.co.za

Leadership

  • Mr. Stephen Volker BrookesFounder, CEO & Executive Director · b. 1965
  • Mr. Jonathan S. Bigham B.Com., C.A.CFO & Executive Director · b. 1985
  • Mr. Rodney Norman GrayCOO & MD · b. 1968
  • Mr. Raaziq Ismail B.Com., L.L.B.Head of legal & Annuity · b. 1992

Financials

Income Statement

Currency: ZAR2013-02-282014-02-282015-02-282016-02-292017-02-282018-02-282019-02-282020-02-292021-02-282022-02-282023-02-282024-02-292025-02-282026-02-28
Total Revenue380.32M734.02M1.35B2.08B2.70B2.45B2.61B2.91B2.70B3.13B3.33B2.36B2.22B2.70B
Growth (%)-+93.00%+84.59%+53.77%+29.69%-9.16%+6.49%+11.50%-7.34%+15.73%+6.45%-29.17%-5.74%+21.50%
Cost of Revenue374.21M473.68M868.04M1.19B1.69B1.65B1.83B2.12B1.98B2.29B2.37B1.69B1.55B2.02B
Gross Profit6.10M260.34M486.89M895.11M1.01B805.23M787.88M789.75M720.98M832.56M960.15M665.65M672.16M674.81M
Gross Margin1.61%35.47%35.93%42.96%37.42%32.80%30.14%27.10%26.70%26.64%28.86%28.25%30.27%25.01%
Operating Expense36.98M37.05M32.95M127.52M107.69M134.41M157.81M215.77M258.53M319.51M367.40M334.84M325.17M320.18M
Operating Income-30.87M223.29M453.94M767.59M903.34M670.82M630.08M573.98M462.45M513.05M592.75M330.81M347.00M354.63M
Operating Margin-8.12%30.42%33.50%36.84%33.43%27.33%24.10%19.69%17.12%16.42%17.82%14.04%15.62%13.14%
EBITDA-35.96M225.91M458.67M771.54M923.54M680.92M641.95M593.83M495.25M534.61M605.43M364.77M404.01M438.12M
EBITDA Margin-9.46%30.78%33.85%37.03%34.18%27.74%24.56%20.38%18.34%17.11%18.20%15.48%18.19%16.24%
Net Income-7.69M179.99M335.17M558.57M660.74M491.35M452.38M411.61M336.16M362.58M436.27M215.67M232.68M245.31M
Net Income Margin-2.02%24.52%24.74%26.81%24.45%20.02%17.31%14.12%12.45%11.60%13.11%9.15%10.48%9.09%
Interest Expense6.79M7.43M0251.05K1.36M3.53M6.13M6.39M10.98M30.88M32.12M50.33M50.04M53.24M
Interest Expense % of Total Revenue1.78%1.01%0.00%0.01%0.05%0.14%0.23%0.22%0.41%0.99%0.97%2.14%2.25%1.97%

Balance Sheet

Currency: ZAR2013-02-282014-02-282015-02-282016-02-292017-02-282018-02-282019-02-282020-02-292021-02-282022-02-282023-02-282024-02-292025-02-282026-02-28
Total Assets639.01M716.50M1.03B1.89B3.27B3.63B4.40B4.61B5.40B6.60B7.30B7.63B8.08B8.44B
Total Liabilities367.34M269.89M334.89M389.69M1.26B1.32B1.75B1.66B2.20B3.08B3.46B3.62B3.83B3.86B
Total Equity271.67M446.61M694.83M1.50B2.01B2.31B2.65B2.95B3.20B3.52B3.83B4.01B4.25B4.52B
Cash1.45M12.69M129.93M462.29M546.97M100.03M329.38M476.53M336.53M665.64M607.35M289.59M254.81M208.59M
Total Debt293.03M230.04M247.71M242.20M1.10B1.25B1.52B1.42B1.90B2.67B2.96B3.07B3.25B3.21B
Net Debt291.58M217.35M117.78M-220.09M553.91M1.15B1.19B946.71M1.57B2.00B2.35B2.78B3.00B3.00B

Cash Flow

Currency: ZAR2013-02-282014-02-282015-02-282016-02-292017-02-282018-02-282019-02-282020-02-292021-02-282022-02-282023-02-282024-02-292025-02-282026-02-28
Operating Cash Flow-107.95M25.89M-26.53M81.24M-593.49M-390.24M101.17M394.63M-484.84M-141.11M245.16M-307.92M-211.46M198.75M
Investing Cash Flow-14.21M19.50M221.34M14.24M-31.49M-13.90M-44.66M-19.41M-43.90M-75.38M-272.75M61.77M-80.72M-140.56M
Financing Cash Flow105.74M-22.65M-77.56M236.88M709.66M-42.80M172.84M-227.75M388.74M545.59M-30.70M-71.62M257.41M-104.41M
Capital Expenditure23.19M4.52M11.18M15.69M9.05M40.21M35.15M28.28M32.83M93.91M97.99M60.93M73.53M46.97M
Free Cash Flow-131.14M21.38M-37.72M65.55M-602.53M-430.45M66.02M366.35M-517.67M-235.02M147.17M-368.85M-284.99M151.78M
Dividends Paid-94.12M94.12M419.68M151.53M193.60M99.16M123.76M92.55M114.93M121.54M73.24M--
FCF to OCF121.48%82.55%142.15%80.69%101.52%110.30%65.26%92.83%106.77%166.55%60.03%119.79%134.77%76.37%
Dividend Paid to FCF-440.31%-249.53%640.26%-25.15%-44.98%150.19%33.78%-17.88%-48.90%82.59%-19.86%--

Key Statistics & Ratios

Market Cap2.05B
Enterprise Value5.05B
Trailing P/E8.53
Forward P/E0.00
Price / Sales0.76
Price / Book0.45
EPS0.51
Book Value9.59
Revenue (TTM)2.69B
Gross Profit (TTM)740.36M
EBITDA389.97M
Profit Margin9.11%
Operating Margin13.48%
Return on Equity5.76%
Return on Assets2.68%
Shares Outstanding471.36M
Shares Float90.26M
Beta0.40
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20231×
14.10Jun 21, 2023
20222×
9.90Dec 7, 202213.50Jun 14, 2022
20212×
7.40Dec 8, 202116.20Jun 15, 2021
20201×
19.60Dec 9, 2020
20192×
11.70Dec 11, 201914.51Jun 12, 2019
20181×
21.00Jun 13, 2018
20172×
10.00Dec 13, 201731.00Jun 7, 2017
20162×
11.09Dec 7, 201621.00Jun 10, 2016