Company Valuation: Emira Property Fund Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 5,105 4,876 4,183 5,010 6,306 6,305 - -
Change - -4.49% -14.21% 19.76% 25.86% -0% - -
Enterprise Value (EV) 10,539 4,876 10,393 5,010 6,306 6,305 6,305 6,305
Change - -53.73% 113.14% -51.8% 25.86% -0% 0% 0%
P/E - - - - - - - -
PBR 0.65x - 0.5x - - - - -
PEG - - - - - - - -
Capitalization / Revenue 3.46x 3.73x 2.22x 2.89x 4.32x 4.41x 4.42x 4.26x
EV / Revenue 0x 0x 0x 0x 0x 4.41x 4.42x 4.26x
EV / EBITDA 0x - - 0x 0x 6.41x 6.56x 6.3x
EV / EBIT 0x - 0x - 0x 6.42x 6.56x 6.3x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1.198 - 1.17 1.239 1.29 1.3 1.355 1.41
Rate of return 11.3% - 13.5% 11.9% 9.56% 9.63% 10% 10.4%
EPS 2 - - - - - - - -
Distribution rate - - - - - - - -
Net sales 1 1,474 1,308 1,885 1,731 1,459 1,431 1,427 1,479
EBITDA 1 961.9 - - 1,149 1,065 983 961 1,001
EBIT 1 956.7 - 1,084 - 1,126 982.6 961.2 1,001
Net income - 825.6 - - - - - -
Net Debt 5,433 - 6,210 - - - - -
Reference price 2 10.57 10.11 8.68 10.40 13.50 13.50 13.50 13.50
Nbr of stocks (in thousands) 483,007 482,324 481,940 481,725 467,087 467,065 - -
Announcement Date 9/4/22 6/7/23 5/30/24 5/28/25 5/27/26 - - -
1ZAR in Million2ZAR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - 9.63% 378M
38.39x18.29x23.22x3.32% 123B
30.6x13.85x17.62x4.48% 65.02B
35.8x14.47x14.94x6.03% 51.06B
17.75x15x17.09x1.16% 36.82B
16.07x25.01x27.38x3.57% 16.38B
25.99x10.48x14.44x4.83% 14.92B
7.92x11.67x14.3x6.3% 14.23B
17.95x16.04x23.31x5.37% 13.93B
28.77x11.06x16.14x4.24% 13.08B
Average 24.36x 15.10x 18.72x 4.89% 34.83B
Weighted average by Cap. 30.36x 15.90x 19.50x 4.03%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. EMI Stock
  4. Valuation Emira Property Fund Limited