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S.A. Corporate Real Estate Limited (SAC.JO)

ZAc348.00 +8.00 (+2.35%)
ZA JNB Real Estate REIT - Diversified
Address GreenPark Corner, 16th Floor 2196
Johannesburg, ZA
CEO Terence Rory Mackey
IPO 2009-01-30
ISIN ZAE000203238

Explore sections of this company profile

Description

S.A. Corporate Real Estate Limited, a Real Estate Investment Trust (REIT) listed on the JSE, operates as a Group with its subsidiaries, managing a focused collection of premium industrial, retail, and residential properties. These assets are predominantly located within South Africa's major metropolitan areas, with an additional presence in Zambia. As of June 30, 2023, the Group's property portfolio comprised 151 individual properties, featuring a total gross lettable area of 1,301,270 square meters, collectively appraised at R14.9 billion. Furthermore, the company holds a 50% joint venture interest in three Zambian entities, whose properties are valued at R1.6 billion, alongside other listed investments totaling R52.8 million.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
ZAc348.00 +8.00 (+2.35%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
0.38
Float Shares
1.98B
Free Float %
72.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.58% +2.65% +5.76% -12.31% -3.86% -3.06% +12.94% +92.82% +61.57% -28.19% +30.77%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
348.00
DCF (Unlevered) 1,407.52 +304.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 0 -1
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.32
Distress
Piotroski F-Score
6 / 9
Average
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
  • Revenue growth
    -0.6% Q4'25: +13.5% (vs Q4'23)
  • EPS growth
    -23.1% Q4'25: -82.3% (vs Q4'23)
  • FCF margin
    Q4'25: +0.0% (vs Q4'23)
  • EBIT margin
    Q4'25: +37.8% (vs Q4'23)
  • ROIC
    Q4'25: +10.4% (vs Q4'23)
  • Share dilution
    +10.1% Q4'25: +32.6% (vs Q4'23)
  • Debt / EBITDA
    6.60× Q4'25: 3.97× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.37) × ERP
WACC = 52% × Ke + 48% × Kd (8.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,407.52 Current price: 348.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
2 EPS Ana.
Dec 2027
2 Rev. Ana.
2 EPS Ana.
Dec 2028
1 Rev. Ana.
3 EPS Ana.
Dec 2029
1 Rev. Ana.
2 EPS Ana.
Dec 2030
1 Rev. Ana.
2 EPS Ana.
Revenue
1.61B
est: 1.31B (+22.9%)
1.83B
est: 1.47B (+24.8%)
2.11B
est: 1.69B (+25.3%)
2.31B
est: 1.45B (+59.2%)
2.28B
est: 1.57B (+45.9%)
2.06B
est: 1.44B (+43.2%)
2.12B
est: 1.17B (+81.3%)
2.04B
est: 1.16B (+76.4%)
2.54B
est: 1.24B (+104.2%)
2.94B
est: 1.87B (+57.5%)
2.92B
est: 1.88B (+55.1%)
1.91B
1.69B – 2.13B
+1.3% YoY
1.86B
1.48B – 2.23B
-2.8% YoY
1.92B
1.71B – 2.14B
+3.7% YoY
1.73B
1.54B – 1.93B
-10.0% YoY
1.78B
1.58B – 1.98B
+2.9% YoY
EBITDA
870.95M
est: 763.56M (+14.1%)
840.03M
est: 853.25M (-1.5%)
976.38M
est: 980.20M (-0.4%)
986.94M
est: 842.86M (+17.1%)
858.80M
est: 909.72M (-5.6%)
690.15M
est: 836.75M (-17.5%)
1.48B
est: 680.01M (+117.0%)
1.31B
est: 672.94M (+94.5%)
1.90B
est: 722.06M (+163.1%)
1.43B
est: 1.13B (+25.8%)
1.36B
est: 1.14B (+19.0%)
1.16B
1.03B – 1.29B
+1.3% YoY
1.13B
898.64M – 1.36B
-2.8% YoY
1.17B
1.04B – 1.30B
+3.7% YoY
1.05B
932.88M – 1.17B
-10.0% YoY
1.08B
959.81M – 1.20B
+2.9% YoY
EBIT
1.67B
est: 753.15M (+121.6%)
2.76B
est: 841.62M (+227.5%)
1.92B
est: 966.84M (+98.2%)
1.34B
est: 831.38M (+60.9%)
1.29B
est: 897.32M (+43.6%)
665.86M
est: 825.34M (-19.3%)
1.46B
est: 670.74M (+118.3%)
1.30B
est: 663.77M (+95.4%)
1.87B
est: 712.22M (+163.1%)
1.41B
est: 1.12B (+25.9%)
1.32B
est: 1.13B (+17.2%)
1.14B
1.01B – 1.27B
+1.3% YoY
1.11B
886.42M – 1.34B
-2.8% YoY
1.15B
1.02B – 1.28B
+3.7% YoY
1.04B
920.19M – 1.16B
-10.0% YoY
1.07B
946.76M – 1.19B
+2.9% YoY
Net Income
1.41B
est: 984.09M (+43.6%)
2.48B
est: 1.09B (+128.4%)
1.53B
est: 1.14B (+33.8%)
847.85M
est: 1.07B (-20.9%)
235.60M
est: 993.32M (-76.3%)
-1.49B
est: 617.24M (-342.0%)
620.88M
est: 754.42M (-17.7%)
819.31M
est: 684.84M (+19.6%)
1.21B
est: 650.08M (+86.0%)
645.83M
est: 755.82M (-14.6%)
564.01M
est: 795.13M (-29.1%)
831.54M
709.19M – 953.88M
+4.6% YoY
874.86M
746.15M – 1.00B
+5.2% YoY
930.79M
793.86M – 1.07B
+6.4% YoY
1.03B
880.76M – 1.18B
+10.9% YoY
1.09B
927.97M – 1.25B
+5.4% YoY
SGA
58.07M
est: 12.02M (+383.0%)
61.39M
est: 13.44M (+356.9%)
63.91M
est: 15.44M (+314.0%)
69.53M
est: 13.27M (+423.8%)
60.12M
est: 14.33M (+319.7%)
7.24M
est: 13.18M (-45.1%)
8.62M
est: 10.71M (-19.5%)
23.29M
est: 10.60M (+119.7%)
33.68M
est: 11.37M (+196.2%)
39.71M
est: 15.78M (+151.7%)
est: 15.92M (-100.0%)
16.13M
14.31M – 17.96M
+1.3% YoY
15.67M
12.50M – 18.85M
-2.8% YoY
16.26M
14.42M – 18.10M
+3.7% YoY
14.63M
12.98M – 16.29M
-10.0% YoY
15.05M
13.35M – 16.76M
+2.9% YoY
EPS
0.70
est: 0.39 (+78.9%)
1.07
est: 0.43 (+147.8%)
0.62
est: 0.45 (+36.7%)
0.34
est: 0.43 (-20.2%)
0.09
est: 0.40 (-76.4%)
-0.59
est: 0.25 (-340.4%)
0.25
est: 0.30 (-16.7%)
0.33
est: 0.27 (+21.2%)
0.49
est: 0.26 (+89.5%)
0.26
est: 0.27 (-4.8%)
0.22
est: 0.29 (-23.4%)
0.30
0.26 – 0.34
+4.6% YoY
0.32
0.27 – 0.36
+5.2% YoY
0.34
0.29 – 0.39
+6.4% YoY
0.37
0.32 – 0.43
+10.9% YoY
0.39
0.34 – 0.45
+5.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-28 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-27 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-26 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-25 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-22 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-21 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-20 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-19 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-18 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-15 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-14 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-13 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-12 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-11 B 3/5 1/5 3/5 4/5 3/5 2/5 3/5
2026-05-08 B 3/5 1/5 3/5 4/5 3/5 2/5 4/5
2026-05-07 B 3/5 1/5 3/5 4/5 3/5 2/5 4/5
2026-05-06 B 3/5 1/5 3/5 4/5 3/5 2/5 4/5
2026-05-05 B 3/5 1/5 3/5 4/5 3/5 2/5 4/5
2026-05-04 B 3/5 1/5 3/5 4/5 3/5 2/5 4/5
2026-04-30 B 3/5 1/5 3/5 4/5 2/5 3/5 4/5
2026-04-29 B 3/5 1/5 3/5 4/5 2/5 3/5 4/5
2026-04-28 B 3/5 1/5 3/5 4/5 2/5 3/5 4/5
2026-04-24 B 3/5 1/5 3/5 4/5 2/5 2/5 4/5
2026-04-23 B+ 3/5 1/5 3/5 5/5 2/5 3/5 4/5
2026-04-22 B+ 3/5 1/5 3/5 5/5 2/5 3/5 4/5
2026-04-21 B+ 3/5 1/5 3/5 5/5 2/5 3/5 4/5
2026-04-20 B+ 3/5 1/5 3/5 5/5 2/5 3/5 4/5
2026-04-17 B 3/5 1/5 3/5 5/5 1/5 2/5 4/5
2026-04-16 B 3/5 1/5 3/5 5/5 1/5 2/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
11.95M
OE per share TTM
0.00
Owner's Yield
0.13%
Maintenance CapEx ratio
218.69%
Maint CapEx / Avg PPE
2.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 3 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard Global ex-U.S. Real Estate ETF VNQI 0.06% 2.10M 0.12%
2 Avantis Real Estate ETF AVRE 0.03% 283.0K 0.17%
3 Dimensional - Global Real Estate ETF DFGR 0.03% 1.03M 0.22%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
6.21M
Shares Outstanding
2.74B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Terence Rory Mackey Chief Executive Officer & Executive Director 8M male
Sameshan Yanasegran Moodley ACMA Chief Financial Officer & Executive Director 5M male
Samson Mojalefa Chief Operating Officer 5M male
Terence Kaplan BACC Head of Corporate Finance 5M male
Advocate Jacqui Grove Group Company Secretary
Kevin van den Heever Managing Director of AFHCO Property Management male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits