Ratings Redefine Properties Limited

Equities

RDF

ZAE000190252

End-of-day quote Johannesburg S.E. Other stock markets 06:00:00 2024-04-22 pm EDT			5-day change	1st Jan Change
3.7 ^ZAR	-1.33%		-4.39%	-3.90%

Feb. 27	Transcript : Redefine Properties Limited - Special Call
2023	Transcript : Redefine Properties Limited, 2023 Earnings Call, Nov 06, 2023

Summary

On the basis of various fundamental qualitative criteria, the company appears to be particularly poorly ranked from a medium and long-term investment perspective.
From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The company appears to be poorly valued given its net asset value.
The company is one of the best yield companies with high dividend expectations.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
The company's "enterprise value to sales" ratio is among the highest in the world.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Commercial REITs

	1st Jan change	Capi.	ESG Refinitiv
REDEFINE PROPERTIES LIMITED	-3.90%	1.31B	B
REALTY INCOME CORPORATION	-7.04%	45.98B	A-
ALEXANDRIA REAL ESTATE EQUITIES, INC.	-5.74%	20.9B	A-
SEGRO PLC	-2.41%	13.27B	A-
UNIBAIL-RODAMCO-WESTFIELD SE	+14.82%	11.43B	A
CAPITALAND INTEGRATED COMMERCIAL TRUST	-3.40%	9.5B	B+
FEDERAL REALTY INVESTMENT TRUST	-0.17%	8.53B	A-
CAPITALAND ASCENDAS REIT	-13.20%	8.36B	B-
KLÉPIERRE	+1.05%	7.63B	A-
FIBRA UNO	-14.07%	5.9B	A

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes