Fairvest Ltd

Fairvest Ltd

FTA · JSE · Real Estate / REIT - Retail

1,950.00ZAC-20.00 (-1.02%)

Price History

Full chart

Market Stats

Previous Close1,970.00
Open1,950.00
Day Range1,950.00 – 1,950.00
52-Week Range1,495.75 – 2,100.00
Volume96
Market Cap40.91B
P/E (TTM)10.60
Forward P/E0.00
EPS1.83
Dividend Yield7.40%
Beta0.10
50-Day Avg1,970.36
200-Day Avg1,880.96

About

Fairvest Limited (Fairvest) is a diversified South African Real Estate Investment Trust (REIT) focused on creating long-term shareholder value. Fairvest holds a portfolio of 130 retail, office and industrial properties valued at R13.4 billion (held directly and through subsidiaries). The average value per property held as of 30 September 2025 was R103.3 million. As of 30 September 2025, Fairvest held a 23.6% interest (2024: 5.0%) in Dipula Properties Limited (Dipula). As of 30 September 2025, Fairvest held a 79.9% interest (2024: 0%) in Onepath Investments (RF) Proprietary Limited (Onepath). Onepath owns fibre infrastructure in townships which is rented to a fibre network operator to provide high quality internet access to township homes and communities. Fairvest Limited was incorporated in 1998 in South Africa.

Company Details

  • SectorReal Estate
  • IndustryREIT - Retail
  • CEOMr. Darren M. Wilder
  • Employees0
  • Headquarters3rd Floor, Upper building, Johannesburg, South Africa, 2196, South Africa
  • Websitehttps://www.fairvest.co.za

Leadership

  • Mr. Darren M. WilderCEO & Executive Director · b. 1969
  • Mr. B. Jacques Kriel C.A., CA (SA)CFO & Executive Director · b. 1979
  • Mr. Riaz KaderGroup Chief Operating Officer · b. 1983
  • Mr. Mfana KhanyileHead of Legal & Executive
  • Ms. Jo De FreitasHead of Asset Management / Property & Asset Manager

Financials

Income Statement

Currency: ZAR2018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue---550.11M-1.91B2.04B2.18B
Growth (%)------+6.82%+6.81%
Operating Income---320.27M-1.01B1.05B1.15B
Operating Margin---58.22%-52.63%51.47%52.94%
EBITDA---432.02M-1.11B1.37B1.89B
EBITDA Margin---78.53%-58.28%66.95%86.70%
Net Income---289.34M-96.31M926.31M1.47B
Net Income Margin---52.60%-5.04%45.40%67.28%
Interest Expense---98.80M-444.57M431.83M410.60M
Interest Expense % of Total Revenue---17.96%-23.28%21.17%18.84%

Balance Sheet

Currency: ZAR2018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets---3.82B-12.63B12.90B15.86B
Total Liabilities---1.38B-4.89B4.91B4.72B
Total Equity---2.27B-7.71B7.97B11.00B
Cash---15.26M-106.76M57.09M61.65M
Net Debt---1.07B-4.10B4.15B3.83B

Cash Flow

Currency: ZAR2018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow146.14M193.49M194.89M247.18M401.99M53.21M62.09M75.25M
Investing Cash Flow-411.98M-152.23M-298.07M69.33M166.82M---
Financing Cash Flow263.15M-35.84M101.58M-315.00M-473.36M---
Capital Expenditure69.00K102.00K111.00K111.00K0282.00K1.41M580.29M
Free Cash Flow---47.01M-52.92M60.68M-505.04M
Dividends Paid158.52M213.84M231.67M200.06M415.78M---
FCF to OCF---19.02%-99.47%97.74%-671.11%
Dividend Paid to FCF---425.61%----

Key Statistics & Ratios

Market Cap40.91B
Enterprise Value20.24B
Trailing P/E10.60
Forward P/E0.00
Price / Sales15.70
Price / Book3.64
EPS1.83
Book Value5.59
Revenue (TTM)2.61B
Gross Profit (TTM)1.68B
EBITDA1.53B
Profit Margin61.77%
Operating Margin57.02%
Return on Equity15.86%
Return on Assets6.16%
Shares Outstanding62.72M
Shares Float1.69B
Beta0.10
Dividend Yield7.40%
Dividend Rate1.44
Payout Ratio77.84%

Dividends

20261×
71.82Jun 24, 2026
20252×
72.92Dec 22, 202569.66Jun 25, 2025
20242×
70.52Dec 23, 202467.83Jun 19, 2024
20232×
67.94Dec 20, 202364.60Jun 21, 2023
20222×
64.70Dec 21, 202261.52Jun 22, 2022