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    Real estate investment trusts
Resilient REIT Limited

Resilient REIT Limited

3.92
EUR
+0.02
(+0.51%)
1.40BMarket Cap
Mar 18Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.29
5.6
5.85
8.91
10.49
10.33
9.92
7.94
4.29
10
10.04
10.93
11.77
- -
Basic EPS, GAAP
10.98
16.3
10.24
7.14
-9
12.46
-10.15
0.59
5
10.82
10.49
8.62
13.7
- -
Free Cash Flow per Basic Share
-0.21
-0.05
-0.77
-3.55
-3.44
-1.82
-1.54
0.3
0.2
-0.43
-0.74
-0.8
-0.29
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
52.69
68.85
70.82
71.4
61.49
69.32
55.09
53.28
54.16
58.26
65.71
69.01
78.02
77.4
Tangible Book Value per Share
52.69
68.85
70.82
71.4
61.49
69.32
55.09
53.28
54.16
58.26
65.71
69.01
78.02
77.4
Basic Weighted Avg Shares
303
335
383
352
369
368
362
361
358
350
336
334
334
17
Sales/Revenue/Turnover
1,301
1,877
2,243
3,133
3,867
3,806
3,594
2,865
1,537
3,503
3,380
3,652
3,927
- -
Operating Margin (%)
63.57
63.27
59.92
67.43
71.96
69.51
63.28
58.19
60.73
57.16
57.33
57.73
57.8
- -
Depreciation Expense
26
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
3,325
5,468
3,923
2,510
-3,320
4,590
-3,678
213
1,789
3,789
3,529
2,880
4,571
- -
Effective Tax Rate (%)
0.08
5.26
1.48
- -
- -
2.21
- -
15.35
5.84
- -
0.36
2.03
- -
- -
Profit Margin (%)
255.68
291.34
174.87
80.1
-85.87
120.59
-102.35
7.44
116.44
108.19
104.41
78.87
116.4
- -
Working Capital
-534
-101
-1,104
-677
-1,026
-2,182
-3,889
-1,627
-2,001
-3,471
-4,868
-3,141
-2,926
-1,579
LT Debt
6,425
6,234
12,103
17,322
14,691
8,591
8,774
7,712
7,394
9,593
8,778
11,065
11,468
13,038
Total Equity
16,608
26,217
28,287
28,770
22,899
25,151
19,722
19,022
18,719
19,742
21,636
23,371
26,457
26,342
Return on Invested Capital (%)
8.79
4.66
3.81
- -
- -
13.19
- -
4.83
3.15
- -
2.79
6.92
- -
- -
Return on Capital (%)
22.55
21.43
12
- -
- -
15.55
- -
2.37
6.97
- -
14.56
12.24
- -
- -
Return on Common Equity (%)
27.05
25.72
14.57
8.88
-12.9
19.12
-16.33
1.09
9.41
19.62
16.88
12.79
18.63
- -

Capital Structure

ZAR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
844
2,696
1,431
LT Borrowings
12,298
11,468
13,038
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
334
334
334
Market Capitalization
- -
24,870
26,256

Working Capital

ZAR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
351
415
502
Cash, Cash Equivalents & STI
59
43
171
Accounts Receivable, Net
171
13
209
Inventories
- -
- -
- -
Total Current Liabilities
2,077
3,341
2,081
Payables & Accruals
- -
- -
- -
ST Debt
844
2,696
1,431
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.07%
6.94%
13.2%
Free Cash Flow
-19.23%
-67%
-63.07%
Net Income, GAAP
9.16%
176.83%
58.71%
Sales/Revenue/Turnover
12.93%
18.73%
7.53%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3,652
2025
- -
- -
3,927
2026
- -
- -
- -

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
8.62
2025
- -
- -
13.7
2026
- -
- -
- -

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jacobus Johann Kriek
Full Time Employees
36
Sector
Finance
Industry
Real estate investment trusts
Address
Rivonia Village Rivonia GT South Africa 2191
IPO Date
Jul 21, 2009
Website
resilient.co.za
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Business
Resilient REIT Limited operates as a retail-focused real estate investment trust listed on the Johannesburg Stock Exchange under the ticker RES.JO. The company owns and manages a portfolio of approximately 27 dominant regional shopping centres across South Africa, France, Nigeria and Spain, with a combined gross lettable area exceeding 1.15 million square metres in South Africa alone; key properties include Jubilee Mall, Irene Mall, The Galleria, Boardwalk Inkwazi Shopping Centre, The Grove Mall, Diamond Pavilion, Brits Mall, Highveld Mall, I'langa Mall, Limpopo Mall, Jabulani Mall and Mall of the North. It invests directly and indirectly in offshore property assets, lets predominantly to national retailers with a minimum of three anchor tenants per centre, and maintains internally managed assets while outsourcing property management to third parties; operations span segments including corporate and retail, geographically divided into South Africa (majority of revenue), France (four centres with 147,383 square metres GLA), Nigeria (three centres with 29,726 square metres GLA) and recent expansions into Spain and Portugal. Founded in 2002 and headquartered at 4th Floor, Rivonia Village, Rivonia Boulevard, Rivonia 2191, South Africa, Resilient REIT employs 30 staff and reports revenue of ZAR 3.80 billion on a trailing twelve-month basis. Recent developments include a 50/50 joint venture with Lighthouse Properties to acquire the Salera shopping centre in Castellón, Spain for €171 million in early 2024; divestiture of a 50% stake in Circus Triangle, Mthatha to Dipula Income Fund for ZAR 400 million in October 2024; affirmation of AA(ZA)/A1+(ZA) credit ratings with Stable Outlook by GCR in 2025 due to strong domestic portfolio performance; upgraded distributable earnings guidance for 2025 reflecting 6.3% rental growth on renewals and new leases, 5.4-5.7% escalations, energy strategy returns, 50 basis points interest rate cuts and Lighthouse contributions; and increased institutional ownership such as Ninety-One UK Limited's 5% stake valued at R1.07 billion in January 2025.