FTA - Fairvest Ltd A Shares
Fairvest Limited is a diversified South African Real Estate Investment Trust focused on creating long-term shareholder value. Fairvest holds a diverse portfolio of retail, office and industrial properties valued at R10.5 billion (held directly and through subsidiaries). As at 31 March 2020, Fairvest held a 59.9% interest (2019: 59.6%) in its subsidiary, Indluplace Properties Ltd, which owns a portfolio of residential properties. The average value per direct property held as at 31 March 2020 was R62.6 million (R57.2 million as at 30 September 2019). In addition, Fairvest held an interest of 16.4% (2019: 16.4%) in Rebosis Property Fund Ltd as well as an 8.6% interest (2019: 8.6%) in Dipula Income Fund Ltd at 31 March 2020.
Fairvest Limited is a real estate investment trust. It carries on the business of property investment operating in South Africa. It holds diverse portfolio of retail, office and industrial properties.
Fairvest Ltd A Shares is listed on the Johannesburg Stock Exchange (JSE). Fairvest Ltd A Shares is traded on the JSE under the ticker symbol “FTA”. The International Securities Identification Number (ISIN) of JSE:FTA is ZAE000304788. Fairvest Ltd A Shares is currently the 75th most valuable stock on the JSE with a market capitalization of ZAR 21.4 billion, which is about 0.102% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 13.64 |
| Day’s High Price | 13.75 |
| Traded Volume | 4,339 |
| Number of Deals | 3 |
| Gross Turnover | 59,627.92 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.4294 |
| Price/Earning Ratio | 32.02 |
| Dividend Per Share | 1.26 |
| Dividend Yield | 9.16% |
| Shares Outstanding | 1.56B |
| Market Capitalization | 21.4B |
FTA Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +1.85% | +0.07% | -5.17% |
| 6MO | 1YR | YTD |
|---|---|---|
| +4.96% | -7.72% | -7.09% |
The current share price of Fairvest Ltd A Shares (FTA) is ZAR 13.75. FTA closed its last trading day (Thursday, March 23, 2023) at 13.75 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.8% gain over its previous closing price of 13.64 ZAR. Fairvest Ltd A Shares began the year with a share price of 14.80 ZAR but has since lost 7.09% off that price valuation, ranking it 289th on the JSE in terms of year-to-date performance.
Fairvest Ltd A Shares is the 289th most traded stock on the Johannesburg Stock Exchange over the past three months (Dec 21, 2022 - Mar 23, 2023). FTA has traded a total volume of 752,440 shares—in 164 deals—valued at ZAR 10.3 million over the period, with an average of 11,943 traded shares per session. A volume high of 170,255 was achieved on February 2nd for the same period. The table below details the last 10 trading days of activity of Fairvest Ltd A Shares on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-03-23 | 4,339 | 13.75 | +0.11 | +0.81% |
| 2023-03-22 | 28,100 | 13.64 | ||
| 2023-03-20 | 26,796 | 13.64 | ||
| 2023-03-17 | 25,099 | 13.64 | +0.14 | +1.04% |
| 2023-03-16 | 5,297 | 13.50 | ||
| 2023-03-14 | 192 | 13.50 | -0.25 | -1.82% |
| 2023-03-13 | 582 | 13.75 | ||
| 2023-03-09 | 30,103 | 13.75 | ||
| 2023-03-08 | 2,001 | 13.75 | +0.01 | +0.07% |
| 2023-03-07 | 183 | 13.74 |
Profile of Fairvest Limited
Fairvest Limited operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
Factsheet of Fairvest Limited
- Sector
- Real Estate
- Industry
- Real Estate Investment Trust
- Address
- 8th Floor, The Terraces, 34 Bree Street, Cape Town, 8001
- Telephone
- 021 276-0800
- Website
- www.fairvest.co.za
FTA Industrial Market Competitors
Fairvest Limited, issuers of the FTA and Fairvest Ltd B Shares (-2.56%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Real Estate sector and/or Real Estate Investment Trust industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| NRL | Newpark REIT Ltd | 450M | 4.50 | +18.7% |
| CVW | Castleview Property Fund Limited | 6.65B | 7.10 | +16.4% |
| ATT | Attacq Limited | 6.52B | 8.68 | +15.7% |
| SHC | Shaftesbury Capital | 48.9B | 25.03 | +13.8% |
| SCD | Schroder Eur REIT plc | 2.47B | 18.48 | +12% |
| ILU | Indluplace Properties Limited | 1.1B | 3.26 | +8.67% |
| FFA | Fortress REIT Ltd A | 24.8B | 10.85 | +3.24% |
| OAS | Oasis Crescent Prop Fund | 1.25B | 19.00 | +2.7% |
| SRE | Sirius Real Estate Ltd | 18.8B | 16.00 | +2.5% |
| EMI | Emira Property Fund Ltd | 5.44B | 10.41 | +1.17% |