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Heriot REIT (JSE:HET) Price-to-Funds-From-Operations : 3.34 (As of May. 24, 2024)


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What is Heriot REIT Price-to-Funds-From-Operations?

As of today (2024-05-24), Heriot REIT's share price is R13.50. Heriot REIT's FFO per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R4.04. Hence, Heriot REIT's Price-to-Funds-From-Operations Ratio for today is 3.34.


Heriot REIT Price-to-Funds-From-Operations Historical Data

The historical data trend for Heriot REIT's Price-to-Funds-From-Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Heriot REIT Price-to-Funds-From-Operations Chart

Heriot REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Funds-From-Operations
Get a 7-Day Free Trial 14.80 14.54 9.32 10.99 4.31

Heriot REIT Semi-Annual Data
Nov17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Funds-From-Operations Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.91 3.43 5.74 2.03 5.56

Competitive Comparison of Heriot REIT's Price-to-Funds-From-Operations

For the REIT - Diversified subindustry, Heriot REIT's Price-to-Funds-From-Operations, along with its competitors' market caps and Price-to-Funds-From-Operations data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heriot REIT's Price-to-Funds-From-Operations Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Heriot REIT's Price-to-Funds-From-Operations distribution charts can be found below:

* The bar in red indicates where Heriot REIT's Price-to-Funds-From-Operations falls into.



Heriot REIT Price-to-Funds-From-Operations Calculation

Heriot REIT's Price-to-Funds-From-Operations ratio for today is calculated as

Price-to-Funds-From-Operations Ratio=Share Price/ FFO per Share (TTM)
=13.50/4.04
=3.34

Heriot REIT's Share Price of today is R13.50.
Heriot REIT's FFO per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R4.04.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Heriot REIT  (JSE:HET) Price-to-Funds-From-Operations Explanation

For common stocks, investors use PE ratio, Price to Earnings raio to compare the valuation of different companies. Price-to-Funds-From-Operations ratio is a comparable measure used in the REIT industry. It's a better way to assess whether a REIT is expensive or cheap relative to peers.


Heriot REIT Price-to-Funds-From-Operations Related Terms

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Heriot REIT (JSE:HET) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196
Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.

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