Octodec

OCT · JSE · Real Estate / REIT - Diversified

1,860.00ZAC-25.00 (-1.33%)

Price History

Full chart

Market Stats

Previous Close1,885.00

Open1,899.00

Day Range1,850.00 – 1,900.00

52-Week Range1,119.00 – 1,900.00

Volume116.94K

Market Cap4.61B

P/E (TTM)8.65

Forward P/E8.50

EPS2.00

Dividend Yield7.46%

Beta0.24

50-Day Avg1,750.18

200-Day Avg1,626.81

About

Octodec Investments Limited (Octodec or the company), its subsidiaries and associated company (the group) is a real estate investment trust (REIT) listed on the JSE Ltd (JSE) and A2X, with a diversified portfolio of 226 residential, retail, office and industrial properties situated in the major metropolitan areas of Tshwane and Johannesburg. The portfolio, including an equity-accounted joint venture, has a lettable area of 1 504 601m2 and is valued at R11.3 billion.

Company Details

SectorReal Estate
IndustryREIT - Diversified
CEOMr. Jeffrey Percy Wapnick B.Com.
Employees0
HeadquartersCPA House, Tshwane, South Africa, 0002, South Africa
Websitehttps://www.octodec.co.za

Leadership

Mr. Jeffrey Percy Wapnick B.Com.CEO & Executive Director · b. 1961
Mr. Riaan Erasmus BCom Acct, C.A., CA(SA), CTADeputy CEO, Chief Financial Officer, Debt Officer & Director · b. 1984
Mr. Elize Greeff L.L.B.Group Company Secretary · b. 1973

Financials

Income Statement

Currency: ZAR	2011-08-31	2012-08-31	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31	2024-08-31	2025-08-31
Total Revenue	414.38M	486.61M	553.20M	580.60M	1.65B	1.75B	1.83B	1.90B	1.99B	1.98B	1.81B	1.89B	1.98B	2.02B	2.11B
Growth (%)	-	+17.43%	+13.68%	+4.95%	+184.63%	+5.62%	+4.92%	+3.49%	+4.78%	-0.09%	-8.70%	+4.19%	+5.03%	+1.72%	+4.53%
Cost of Revenue	185.89M	223.40M	254.82M	261.50M	742.21M	790.53M	843.64M	864.91M	901.29M	891.84M	881.07M	927.77M	1.03B	1.04B	1.10B
Gross Profit	228.49M	263.21M	298.38M	319.10M	910.37M	954.91M	987.71M	1.03B	1.08B	1.09B	930.39M	959.60M	951.77M	971.67M	1.01B
Gross Margin	55.14%	54.09%	53.94%	54.96%	55.09%	54.71%	53.93%	54.37%	54.62%	55.05%	51.36%	50.84%	48.01%	48.19%	47.92%
Operating Expense	21.26M	22.75M	25.29M	28.87M	72.92M	71.00M	77.81M	82.88M	110.07M	243.42M	116.32M	109.59M	139.03M	155.44M	163.11M
Operating Income	207.22M	240.46M	273.09M	290.23M	837.46M	883.90M	909.90M	947.50M	974.59M	848.81M	814.08M	850.01M	812.74M	816.23M	846.78M
Operating Margin	50.01%	49.42%	49.37%	49.99%	50.68%	50.64%	49.68%	49.99%	49.07%	42.78%	44.94%	45.04%	41.00%	40.48%	40.18%
EBITDA	-	-	-	-	-	-	1.12B	981.00M	979.64M	-416.67M	301.33M	849.38M	1.05B	678.24M	928.34M
EBITDA Margin	-	-	-	-	-	-	61.37%	51.76%	49.33%	-21.00%	16.63%	45.00%	52.73%	33.64%	44.05%
Net Income	112.01M	237.57M	553.18M	386.19M	1.34B	857.16M	687.70M	540.56M	295.65M	-891.78M	-174.82M	605.13M	610.46M	215.98M	491.10M
Net Income Margin	27.03%	48.82%	100.00%	66.52%	80.95%	49.11%	37.55%	28.52%	14.89%	-44.95%	-9.65%	32.06%	30.80%	10.71%	23.30%
Interest Expense	0	0	0	0	0	0	0	0	464.91M	447.02M	403.72M	381.03M	405.90M	455.01M	427.04M
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	23.41%	22.53%	22.29%	20.19%	20.48%	22.57%	20.26%

Balance Sheet

Currency: ZAR	2011-08-31	2012-08-31	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31	2024-08-31	2025-08-31
Total Assets	3.07B	3.61B	4.02B	4.66B	11.80B	12.59B	13.13B	13.15B	13.14B	12.01B	11.45B	11.24B	11.49B	11.40B	11.48B
Total Liabilities	1.46B	1.57B	1.61B	1.77B	4.82B	5.18B	5.30B	5.33B	5.57B	5.58B	5.47B	4.92B	4.93B	4.99B	4.91B
Total Equity	1.61B	2.04B	2.42B	2.89B	6.99B	7.41B	7.83B	7.82B	7.58B	6.42B	5.98B	6.32B	6.56B	6.42B	6.57B
Cash	370.00K	392.00K	559.00K	4.87M	55.27M	27.06M	89.42M	28.10M	81.68M	338.00K	34.08M	66.55M	80.78M	33.85M	99.58M
Total Debt	-	-	-	-	-	-	-	-	5.08B	4.72B	4.69B	4.39B	4.36B	4.42B	4.34B
Net Debt	-	-	-	-	-	-	4.74B	4.82B	5.00B	4.72B	4.66B	4.35B	4.28B	4.39B	4.24B

Cash Flow

Currency: ZAR	2011-08-31	2012-08-31	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31	2024-08-31	2025-08-31
Operating Cash Flow	14.16M	21.37M	22.86M	41.87M	510.93M	-10.75M	527.22M	578.56M	571.09M	184.46M	357.43M	391.06M	447.18M	73.21M	142.76M
Investing Cash Flow	-252.73M	-308.91M	-273.21M	-335.57M	-329.20M	-423.96M	-239.61M	-122.21M	11.90M	25.18M	-32.62M	214.84M	-16.44M	-177.06M	24.67M
Financing Cash Flow	237.07M	278.25M	269.68M	311.33M	-131.33M	-34.30M	-225.96M	-524.20M	-564.22M	-282.36M	-275.41M	-597.71M	-383.58M	59.31M	-100.03M
Capital Expenditure	0	0	0	312.00K	312.00K	312.00K	332.00K	29.00K	27.00K	27.00K	725.00K	457.00K	880.00K	2.48M	990.00K
Free Cash Flow	-	-	-	-	-	-	-9.65M	45.48M	571.09M	184.43M	90.50M	124.41M	73.62M	70.73M	141.77M
Dividends Paid	580.00K	598.00K	779.00K	938.00K	454.71M	482.84M	536.54M	533.05M	541.45M	264.07M	266.20M	266.20M	372.68M	359.37M	338.08M
FCF to OCF	-	-	-	-	-	-	-1.83%	7.86%	100.00%	99.99%	25.32%	31.81%	16.46%	96.61%	99.31%
Dividend Paid to FCF	-	-	-	-	-	-	-5559.96%	1171.95%	94.81%	143.18%	294.13%	213.97%	506.21%	508.10%	238.47%

Key Statistics & Ratios

Market Cap4.61B

Enterprise Value8.69B

Trailing P/E8.65

Forward P/E8.50

Price / Sales2.08

Price / Book0.69

EPS2.00

Book Value24.96

Revenue (TTM)2.21B

Gross Profit (TTM)1.04B

EBITDA876.85M

Profit Margin23.99%

Operating Margin39.61%

Return on Equity8.10%

Return on Assets4.74%

Shares Outstanding266.20M

Shares Float209.29M

Beta0.24

Dividend Yield7.46%

Dividend Rate1.29

Payout Ratio67.41%

Dividends

20231×

60.00May 31, 2023

20222×

80.00Nov 16, 202250.00May 25, 2022

20212×

50.00Nov 17, 2021100.00Feb 17, 2021

20192×

99.20Nov 20, 2019101.70May 29, 2019

20182×

101.70Nov 7, 2018101.70May 16, 2018

20172×

98.30Nov 22, 2017104.80May 24, 2017

20162×

103.10Nov 23, 201698.40May 23, 2016

20153×

92.40Nov 23, 201596.80Jun 25, 201596.80May 25, 2015

20142×

87.10Aug 25, 201488.60May 26, 2014

20132×

0.39Nov 11, 20130.39May 13, 2013

20122×

0.33Nov 12, 20120.34May 14, 2012

20112×

0.31Nov 14, 20110.31May 13, 2011

Stock Splits

Jul 23, 20122431:2355