OCT Stock Overview
Octodec Investments Limited (Octodec or the company), its subsidiaries and associated company (the group) is a real estate investment trust (REIT) listed on the JSE Ltd (JSE) and A2X, with a diversified portfolio of 238 residential, retail, office and industrial properties situated in the major metropolitan areas of Tshwane and Johannesburg.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 0/6 |
| Dividends | 4/6 |
Octodec Investments Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R9.75 |
| 52 Week High | R10.28 |
| 52 Week Low | R8.00 |
| Beta | 0.86 |
| 1 Month Change | 2.09% |
| 3 Month Change | -1.52% |
| 1 Year Change | -2.50% |
| 3 Year Change | 6.21% |
| 5 Year Change | -49.30% |
| Change since IPO | -52.90% |
Recent News & Updates
Recent updates
Shareholder Returns
| OCT | ZA REITs | ZA Market | |
|---|---|---|---|
| 7D | -1.4% | -1.4% | 1.4% |
| 1Y | -2.5% | 4.5% | 5.6% |
Return vs Industry: OCT underperformed the ZA REITs industry which returned 6.5% over the past year.
Return vs Market: OCT underperformed the ZA Market which returned 6.5% over the past year.
Price Volatility
| OCT volatility | |
|---|---|
| OCT Average Weekly Movement | 1.9% |
| REITs Industry Average Movement | 3.0% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in ZA Market | 11.3% |
| 10% least volatile stocks in ZA Market | 2.8% |
Stable Share Price: OCT has not had significant price volatility in the past 3 months.
Volatility Over Time: OCT's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 191 | Jeff Wapnick | www.octodec.co.za |
Octodec Investments Limited (Octodec or the company), its subsidiaries and associated company (the group) is a real estate investment trust (REIT) listed on the JSE Ltd (JSE) and A2X, with a diversified portfolio of 238 residential, retail, office and industrial properties situated in the major metropolitan areas of Tshwane and Johannesburg. The portfolio, including an equity-accounted joint venture, has a lettable area of 1 528 961m² and is valued at R11.2 billion.
Octodec Investments Limited Fundamentals Summary
| OCT fundamental statistics | |
|---|---|
| Market cap | R2.60b |
| Earnings (TTM) | R349.30m |
| Revenue (TTM) | R2.03b |
7.4x
P/E Ratio1.3x
P/S RatioIs OCT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OCT income statement (TTM) | |
|---|---|
| Revenue | R2.03b |
| Cost of Revenue | R1.07b |
| Gross Profit | R959.91m |
| Other Expenses | R610.61m |
| Earnings | R349.30m |
Last Reported Earnings
Feb 29, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.31 |
| Gross Margin | 47.35% |
| Net Profit Margin | 17.23% |
| Debt/Equity Ratio | 67.8% |
How did OCT perform over the long term?
See historical performance and comparisonDividends
13.8%
Current Dividend Yield85%
Payout RatioDoes OCT pay a reliable dividends?
See OCT dividend history and benchmarks| Octodec Investments dividend dates | |
|---|---|
| Ex Dividend Date | Jun 05 2024 |
| Dividend Pay Date | Jun 10 2024 |
| Days until Ex dividend | 17 days |
| Days until Dividend pay date | 22 days |
Does OCT pay a reliable dividends?
See OCT dividend history and benchmarks