Exemplar REITail Ltd
Exemplar REITail Limited is a listed Real Estate Investment Trust (REIT), which develops, owns and manages township and rural retail real estate. The company was incorporated in 2018 and is based in Centurion, South Africa.
Exemplar REITail Ltd (EXP) - Net Assets
Latest net assets as of August 2025: ZAC6.06 Billion ZAC
Based on the latest financial reports, Exemplar REITail Ltd (EXP) has net assets worth ZAC6.06 Billion ZAC as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC10.78 Billion) and total liabilities (ZAC4.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC6.06 Billion |
| % of Total Assets | 56.26% |
| Annual Growth Rate | 16.83% |
| 5-Year Change | 53.18% |
| 10-Year Change | N/A |
| Growth Volatility | 33.99 |
Exemplar REITail Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Exemplar REITail Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Exemplar REITail Ltd (2015–2025)
The table below shows the annual net assets of Exemplar REITail Ltd from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | ZAC5.88 Billion | +13.17% |
| 2024-02-29 | ZAC5.20 Billion | +5.87% |
| 2023-02-28 | ZAC4.91 Billion | +9.11% |
| 2022-02-28 | ZAC4.50 Billion | +17.18% |
| 2021-02-28 | ZAC3.84 Billion | +2.20% |
| 2020-02-29 | ZAC3.76 Billion | +4.13% |
| 2019-02-28 | ZAC3.61 Billion | +116.23% |
| 2017-02-28 | ZAC1.67 Billion | +26.92% |
| 2016-02-29 | ZAC1.32 Billion | +5.93% |
| 2015-02-28 | ZAC1.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Exemplar REITail Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 135.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC2.26 Billion | 40.37% |
| Other Components | ZAC3.33 Billion | 59.63% |
| Total Equity | ZAC5.59 Billion | 100.00% |
Exemplar REITail Ltd Competitors by Market Cap
The table below lists competitors of Exemplar REITail Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARCUS DEVELOPMENT
MU:AJR
|
$1.63 Million |
|
Diagnamed Holdings Corp.
PINK:DGNMF
|
$1.63 Million |
|
Damodar Industries Limited
NSE:DAMODARIND
|
$1.63 Million |
|
Kula Gold Ltd
AU:KGD
|
$1.63 Million |
|
RENEURON GRP PLC LS-01
F:RQE1
|
$1.63 Million |
|
Guardforce AI Co. Limited Warrant
NASDAQ:GFAIW
|
$1.63 Million |
|
ASTRAZENECA
HM:ZEG
|
$1.63 Million |
|
RYDER SYSTEM - Dusseldorf Stock Exchang
DU:RYD
|
$1.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Exemplar REITail Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,949,830,786 to 5,587,498,584, a change of 637,667,798 (12.9%).
- Net income of 1,110,983,309 contributed positively to equity growth.
- Other factors decreased equity by 473,315,511.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC1.11 Billion | +19.88% |
| Other Changes | ZAC-473.32 Million | -8.47% |
| Total Change | ZAC- | 12.88% |
Book Value vs Market Value Analysis
This analysis compares Exemplar REITail Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.92x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.61x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-02-29 | ZAC4.30 | ZAC15.50 | x |
| 2017-02-28 | ZAC5.25 | ZAC15.50 | x |
| 2019-02-28 | ZAC11.32 | ZAC15.50 | x |
| 2020-02-29 | ZAC11.08 | ZAC15.50 | x |
| 2021-02-28 | ZAC10.94 | ZAC15.50 | x |
| 2022-02-28 | ZAC12.75 | ZAC15.50 | x |
| 2023-02-28 | ZAC14.10 | ZAC15.50 | x |
| 2024-02-29 | ZAC14.90 | ZAC15.50 | x |
| 2025-02-28 | ZAC16.82 | ZAC15.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Exemplar REITail Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 83.46%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.88x
- Recent ROE (19.88%) is above the historical average (15.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 18.63% | 99.64% | 0.10x | 1.89x | ZAC102.90 Million |
| 2016 | 10.52% | 63.43% | 0.09x | 1.86x | ZAC6.80 Million |
| 2017 | 19.39% | 128.21% | 0.09x | 1.68x | ZAC150.81 Million |
| 2019 | 12.93% | 63.78% | 0.13x | 1.62x | ZAC101.62 Million |
| 2020 | 10.04% | 49.67% | 0.12x | 1.70x | ZAC1.36 Million |
| 2021 | 6.37% | 28.18% | 0.12x | 1.85x | ZAC-131.92 Million |
| 2022 | 21.58% | 103.35% | 0.12x | 1.77x | ZAC490.59 Million |
| 2023 | 20.81% | 93.11% | 0.12x | 1.81x | ZAC506.71 Million |
| 2024 | 14.32% | 58.10% | 0.14x | 1.81x | ZAC213.71 Million |
| 2025 | 19.88% | 83.46% | 0.13x | 1.88x | ZAC552.23 Million |
Industry Comparison
This section compares Exemplar REITail Ltd's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $5,368,588,571
- Average return on equity (ROE) among peers: 16.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Exemplar REITail Ltd (EXP) | ZAC6.06 Billion | 18.63% | 0.78x | $1.63 Million |
| Accelerate Property Fund Ltd (APF) | $7.34 Billion | 12.24% | 0.69x | $750.08K |
| Dipula Income Fund Ltd (DIB) | $4.33 Billion | 15.40% | 0.69x | $3.62 Million |
| Fairvest Ltd (FTA) | $11.14 Billion | 13.16% | 0.42x | $18.93 Million |
| Arrowhead Properties Ltd B (FTB) | $7.75 Billion | 9.11% | 0.63x | $7.38 Million |
| Hyprop (HYP) | $4.25 Billion | 8.28% | 1.23x | $12.10 Million |
| Resilient Property Income Fund Ltd (RES) | $1.39 Billion | 42.03% | 0.37x | $14.54 Million |
| Vukile Property Fund Ltd (VKE) | $1.38 Billion | 17.05% | 3.07x | $18.83 Million |