Resilient Reit Ltd
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Fundamental Analysis
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Resilient Reit Ltd. is a prominent South African real estate investment trust (REIT) that has navigated the ever-evolving landscape of the property market with a strong focus on resilience and adaptability. Established to provide investors with an opportunity to participate in a diversified portfolio of retail and commercial properties, Resilient targets prime assets within key metropolitan areas. The company has built a reputation for its robust management team and strategic acquisitions, which not only deliver attractive rental income but also demonstrate a commitment to sustainability and community engagement. Through its portfolio, which features both direct developments and joint ventur...
Resilient Reit Ltd. is a prominent South African real estate investment trust (REIT) that has navigated the ever-evolving landscape of the property market with a strong focus on resilience and adaptability. Established to provide investors with an opportunity to participate in a diversified portfolio of retail and commercial properties, Resilient targets prime assets within key metropolitan areas. The company has built a reputation for its robust management team and strategic acquisitions, which not only deliver attractive rental income but also demonstrate a commitment to sustainability and community engagement. Through its portfolio, which features both direct developments and joint ventures with other notable firms, Resilient stands out for its ability to weather economic fluctuations, ensuring consistent returns for shareholders.
In an era where market stability can be elusive, Resilient Reit Ltd. differentiates itself by emphasizing long-term growth and value creation. The company’s investment strategy leverages a blend of established retail centers, logistics facilities, and mixed-use developments, providing a balanced exposure to various sectors of the property market. Investors can take comfort in Resilient's prudent financial management, which includes a focus on maintaining a healthy balance sheet and prudent leverage ratios. Furthermore, the REIT’s commitment to innovation—whether through technology integration or enhancing tenant experiences—positions it favorably for future growth, making it an appealing consideration for those looking to diversify their investment portfolios in the real estate sector.
Resilient Reit Ltd. is primarily involved in the real estate investment sector, with a focus on holding and managing a diversified portfolio of properties. The core business segments of Resilient Reit Ltd. typically include:
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Retail Properties: Resilient Reit commonly invests in shopping centers and retail parks, aiming to provide stable rental income from a diverse range of tenants, including national and international brands. This segment focuses on high-performing retail assets located in urban and suburban areas.
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Office Properties: The company may also hold office buildings as part of its portfolio. This segment targets corporate tenants and seeks to benefit from stable long-term lease agreements.
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Industrial Properties: Some investments may also be directed towards industrial real estate, supporting logistics and distribution facilities which have been increasingly important with the rise of e-commerce.
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Mixed-Use Developments: Resilient Reit might engage in mixed-use projects that combine retail, office, and residential spaces, enhancing the attractiveness and functionality of its properties.
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Development Projects: The company may engage in property development, enhancing its portfolio through the construction of new assets that meet emerging market demands.
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Geographic Diversification: Resilient Reit often focuses on properties in various geographic markets, which helps to mitigate risk and capitalize on different regional economic dynamics.
Overall, Resilient Reit Ltd.'s strategy generally revolves around acquiring, managing, and developing high-quality real estate assets with a focus on long-term capital appreciation and stable income generation.
To identify the unique competitive advantages of Resilient Reit Ltd over its rivals, we can consider several factors typically relevant in the real estate investment trust (REIT) sector. While I don't have the latest data beyond October 2023, I can highlight some general potential competitive advantages that Resilient Reit Ltd might exhibit:
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Diversified Property Portfolio: Resilient Reit may own a diversified range of properties (e.g., retail, office, industrial) across different geographic locations, which can help mitigate risks associated with market fluctuations in any single sector or region.
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Strong Tenant Relationships: Established relationships with high-quality tenants can provide steady cash flow and lower vacancy rates, which is a crucial factor in the REIT sector.
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Management Expertise: Experienced management with a robust track record in real estate investment and asset management can provide strategic advantages in property acquisition, development, and portfolio optimization.
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Strategic Acquisitions: If Resilient Reit has a history of identifying undervalued properties or markets before they gain widespread recognition, this can provide a competitive edge in terms of growth potential.
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Sustainability Practices: Incorporating sustainability features into their properties can attract tenants and investors who prioritize eco-friendly initiatives, thus enhancing tenant retention and property value.
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Strong Financial Position: If Resilient Reit has a solid balance sheet, low levels of debt, and strong cash flow, it can advantageously position itself for future growth and resilience during market downturns.
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Innovative Technology Use: Leveraging technology for property management, marketing, or tenant engagement can enhance operational efficiency and tenant satisfaction.
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Market Responsiveness: Being nimble in adapting to market trends such as e-commerce growth and changing consumer preferences could allow Resilient Reit to capitalize on new opportunities faster than its competitors.
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Dividend Reputation: A history of reliable dividend payments can attract income-focused investors and enhance market perception, increasing demand for their shares.
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Regulatory Knowledge: Expertise in navigating the regulatory landscape can empower the REIT to maximize its operational efficiencies and minimize compliance costs.
To fully understand Resilient Reit’s specific competitive advantages, it would be beneficial to analyze recent investor presentations, financial reports, and market commentary to find updated information and strategic developments.
As of October 2023, Resilient Reit Ltd, like many real estate investment trusts (REITs), faces several potential risks and challenges that could impact its performance and strategy. Here are some key considerations:
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Economic Conditions: Fluctuations in economic conditions can affect property values, rental income, and occupancy rates. A downturn or recession could reduce demand for commercial and residential properties.
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Interest Rate Changes: Rising interest rates can increase borrowing costs and impact the profitability of leveraged investments. Higher rates may also lead to a slowdown in property acquisitions and development.
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Regulatory Risks: Changes in laws and regulations regarding property ownership, taxation, and zoning can pose challenges. Compliance costs can increase, and new regulations may impact the operational strategies of the REIT.
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Market Competition: The REIT sector is competitive, with many players vying for tenants. Emerging trends, such as remote work, can shift demand patterns and impact occupancy rates in certain sectors, such as office space.
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Geographic Concentration: If Resilient Reit has significant exposure to specific geographic regions, it may be vulnerable to local economic downturns, natural disasters, or changes in market dynamics in those areas.
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Tenant Financial Health: The financial stability of tenants is critical. If key tenants face financial difficulties or go bankrupt, it can lead to increased vacancies and reduced rental income.
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Operational Risks: Managing properties efficiently is crucial for cost control. Challenges in property management, maintenance, and tenant relations can affect operational performance.
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Technological Disruptions: Emerging technologies, such as virtual reality for property viewing or online leasing platforms, can change how real estate is marketed and managed. Failure to adapt could affect competitiveness.
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Environmental Sustainability: Increasing focus on sustainable and environmentally friendly practices may require investments in upgrades or changes to existing properties. Non-compliance with sustainability standards can lead to reputational risks.
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Global Events: External events such as pandemics, geopolitical tensions, or natural disasters can significantly impact real estate markets, tenant behavior, and operational logistics.
It's essential for Resilient Reit Ltd to carefully monitor these risks and develop strategic plans to mitigate their impact to maintain resilience and achieve long-term growth.
Revenue & Expenses Breakdown
Resilient Reit Ltd
Balance Sheet Decomposition
Resilient Reit Ltd
Current Assets | 1.2B |
Cash & Short-Term Investments | 113.7m |
Receivables | 1.1B |
Other Current Assets | 27.1m |
Non-Current Assets | 35.8B |
Long-Term Investments | 34.3B |
Other Non-Current Assets | 1.5B |
Current Liabilities | 1.6B |
Accounts Payable | 571.9m |
Other Current Liabilities | 1B |
Non-Current Liabilities | 13.2B |
Long-Term Debt | 12.6B |
Other Non-Current Liabilities | 515.8m |
Earnings Waterfall
Resilient Reit Ltd
Revenue
|
3.5B
ZAR
|
Cost of Revenue
|
-1.3B
ZAR
|
Gross Profit
|
2.2B
ZAR
|
Operating Expenses
|
-330.8m
ZAR
|
Operating Income
|
1.8B
ZAR
|
Other Expenses
|
2.2B
ZAR
|
Net Income
|
4.1B
ZAR
|
Free Cash Flow Analysis
Resilient Reit Ltd
ZAR | |
Free Cash Flow | ZAR |
RES Profitability Score
Profitability Due Diligence
Resilient Reit Ltd's profitability score is 61/100. The higher the profitability score, the more profitable the company is.
Score
Resilient Reit Ltd's profitability score is 61/100. The higher the profitability score, the more profitable the company is.
RES Solvency Score
Solvency Due Diligence
Resilient Reit Ltd's solvency score is 32/100. The higher the solvency score, the more solvent the company is.
Score
Resilient Reit Ltd's solvency score is 32/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
RES Price Targets Summary
Resilient Reit Ltd
Dividends
Current shareholder yield for RES is .
Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?
Profile
Country
Industry
Market Cap
Dividend Yield
Description
Resilient REIT Ltd. is a real estate investment trust, which engages in the investments in retail centers. The company is headquartered in Rivonia, Gauteng. The company went IPO on 2009-07-21. The firm's segments include corporate and retail. The firm focuses on investing in retail centers with a minimum of three anchor tenants and letting predominantly to national retailers. The company also invests directly and indirectly in offshore property assets. Its South African property portfolio consists of about 27 retail centers covering a combined gross lettable area (GLA) of approximately 1153267 square meters and some land holdings. The Nigerian portfolio, with a total GLA of approximately 29726 square meters, includes three retail centers and the French portfolio, with a GLA of approximately 147383 square meters, consists of four retail centers. Its portfolio of properties includes Jubilee Mall, Irene Mall, The Galleria, Boardwalk Inkwazi Shopping Centre, The Grove Mall, Diamond Pavillion, Brits Mall, Highveld Mall, I'langa Mall, Limpopo Mall, Jabulani Mall, and Mall of the North, among others.