YOLFTbeta
Fairvest Limited

Fairvest Limited

FTB · JSE · Real Estate / REIT - Retail

722.00ZAC-3.00 (-0.41%)

Price History

Full chart

Market Stats

Previous Close725.00
Open725.00
Day Range717.00 – 726.00
52-Week Range536.42 – 770.00
Volume15.37M
Market Cap14.55B
P/E (TTM)3.77
Forward P/E0.00
EPS1.83
Dividend Yield7.52%
Beta0.10
50-Day Avg702.34
200-Day Avg698.42

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: ZAR2012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue61.86M54.18M148.96M187.93M332.46M722.10M767.76M2.51B2.22B550.11M1.29B1.94B2.04B2.18B
Growth (%)--12.41%+174.92%+26.16%+76.91%+117.20%+6.32%+226.44%-11.34%-75.24%+133.96%+50.79%+5.13%+6.81%
Cost of Revenue15.41M---160.02M263.06M286.75M967.81M955.76M884.95M631.48M791.22M--
Gross Profit46.45M54.18M148.96M187.93M172.44M459.05M481.02M1.54B1.27B-334.84M655.58M1.15B2.04B2.18B
Gross Margin75.09%100.00%100.00%100.00%51.87%63.57%62.65%61.38%56.99%-60.87%50.94%59.23%100.00%100.00%
Operating Expense41.89M22.66M59.26M77.92M12.80M459.03M480.97M1.54B1.27B-658.66M654.11M49.48M978.94M974.31M
Operating Income4.57M31.52M89.70M110.01M159.64M15.51K44.19K733.80K894.08K323.82M1.47M1.10B1.06B1.20B
Operating Margin7.38%58.17%60.22%58.54%48.02%0.00%0.01%0.03%0.04%58.86%0.11%56.68%52.02%55.29%
EBITDA4.57M-1.02M81.00K73.00K62.50M109.37M23.37M73.89M46.01M347.32M30.84M1.10B1.37B1.21B
EBITDA Margin7.38%-1.88%0.05%0.04%18.80%15.15%3.04%2.95%2.07%63.14%2.40%56.75%66.95%55.64%
Net Income109.50M27.25M59.60M160.20M198.81M422.35M113.98M-857.26M-866.15M289.34M1.75B705.85M926.31M1.47B
Net Income Margin177.01%50.30%40.01%85.24%59.80%58.49%14.85%-34.20%-38.98%52.60%136.08%36.37%45.40%67.28%
R&D----0.60.580.150.340.390.081.360.34--
R&D as % of Total Revenue----0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense----92.44M91.58M116.15M604.77M492.65M98.80M211.37M459.22M431.83M410.60M
Interest Expense % of Total Revenue----27.81%12.68%15.13%24.13%22.17%17.96%16.42%23.66%21.17%18.84%

Balance Sheet

Currency: ZAR2012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets1.19B785.08M1.13B1.39B575.05M620.04M265.71M672.02M2.09B3.82B2.58B12.63B12.90B15.86B
Total Liabilities1.07B238.17M292.15M281.03M942.47M3.18B3.21B7.30B7.21B1.38B5.27B4.89B4.91B4.72B
Total Equity110.48M546.91M835.28M1.11B2.52B4.94B5.15B16.23B14.43B2.27B16.31B7.71B7.97B11.00B
Cash4.38M2.70M3.67M3.43M23.74M56.50M33.42M161.00M170.09M15.26M134.57M106.76M57.09M61.65M
Total Debt1.01B200.05M222.00M203.47M2.45B17.48M83.17M476.34M1.43B1.10B693.93M4.24B4.26B3.98B
Net Debt1.00B197.34M218.33M200.05M2.43B-39.01M49.76M315.35M1.26B1.09B559.36M4.14B4.20B3.92B

Cash Flow

Currency: ZAR2012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow16.19M8.93M60.31M78.12M58.88M335.33M348.33M956.96M801.29M47.12M518.61M787.47M62.09M923.33M
Investing Cash Flow-1.02B-568.00M-32.30M-168.95M35.22M56.16M-514.66M-290.26M638.15M69.33M122.00M640.77M-74.24M-1.16B
Financing Cash Flow942.98M537.04M-27.05M90.59M-95.97M-358.73M143.25M-545.84M-1.43B-114.94M-521.31M-1.46B-37.52M239.20M
Capital Expenditure1.02B341.00K69.00K0372.00K179.19K61.45K373.41K530.02K111.00K782.00K282.00K1.41M580.29M
Free Cash Flow-1.00B8.59M60.24M78.12M58.51M335.15M348.27M956.58M800.76M47.01M517.83M787.18M60.68M343.04M
Dividends Paid-10.78M45.25M73.89M56.61M309.40M269.21M643.88M366.83M392.27M519.72M701.73M680.13M848.08M
FCF to OCF-6187.61%96.18%99.89%100.00%99.37%99.95%99.98%99.96%99.93%99.76%99.85%99.96%97.74%37.15%
Dividend Paid to FCF-125.49%75.12%94.57%96.76%92.32%77.30%67.31%45.81%834.53%100.37%89.14%1120.83%247.22%

Key Statistics & Ratios

Market Cap14.55B
Enterprise Value20.24B
Trailing P/E3.77
Forward P/E0.00
Price / Sales5.59
Price / Book1.37
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 Outstanding2.05B
Shares Float1.69B
Beta0.10
Dividend Yield7.52%
Dividend Rate0.52
Payout Ratio26.28%

Dividends

20261×
25.94Jun 24, 2026
20252×
25.04Dec 22, 202523.10Jun 25, 2025
20242×
22.05Dec 23, 202421.24Jun 19, 2024
20232×
20.32Dec 20, 202320.97Jun 21, 2023
20222×
21.96Dec 21, 202221.33Jun 22, 2022