Grit Real Estate Income Group Limited

LSE GR1T.L

Grit Real Estate Income Group Limited Free Cash Flow Yield on January 14, 2025: 32.81%

Grit Real Estate Income Group Limited Free Cash Flow Yield is 32.81% on January 14, 2025, a 30.39% change year over year. Free cash flow yield compares the return from free cash flow to the market cap; higher yield suggests attractive investment.
  • Grit Real Estate Income Group Limited 52-week high Free Cash Flow Yield is 32.85% on January 10, 2025, which is 0.10% above the current Free Cash Flow Yield.
  • Grit Real Estate Income Group Limited 52-week low Free Cash Flow Yield is 18.32% on July 04, 2024, which is -44.19% below the current Free Cash Flow Yield.
  • Grit Real Estate Income Group Limited average Free Cash Flow Yield for the last 52 weeks is 25.62%.
Key data
Date Free Cash Flow Yield Market Value Added (MVA) Price to Book Ratio (P/B) Price to Earnings Ratio (P/E)
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LSE: GR1T.L

Grit Real Estate Income Group Limited

CEO Ms. Bronwyn Anne Knight B.Com., C.A.
IPO Date July 31, 2018
Location Mauritius
Headquarters Alexander House
Employees 140
Sector Finance
Industries
Description

Grit is listed on the London Stock Exchange main market (LSE: GR1T), the Johannesburg Stock Exchange main board (JSE: GTR) and the Stock Exchange of Mauritius Ltd official market (SEM: DEL.N0000). Grit Real Estate Income Group Limited is a leading pan-African real estate company focused on investing in and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). By investing in real estate assets across Africa, the Company is building a secure financial future for schools, employees, non-profit organisations, and the like. As such, Grit is unlocking potential across the African continent in an effort to anchor communities and create sustainable jobs. The company's high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors. The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth. The Company is targeting 8.5%+ p.a. dividend yield in USD and 12.0%+ p.a. NAV total return.

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StockViz Staff

January 15, 2025

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