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General information

Sector: Financials

The company is not available at Interactive Brokers

Balwin Properties Limited (JSE:BWN) designs, builds, markets and sells secure, affordable, high-quality, environmentally-friendly sectional title residential apartments.

From head office in Johannesburg, Gauteng and the company's regional offices in Stellenbosch, Western Cape and Durban, KwaZulu-Natal, Balwin's experienced team of professionals oversee all aspects of the development process to ensure the high standards of quality Balwin has become renowned for are maintained.

Balwin has a portfolio of over 70 developments and is currently developing in Gauteng, Western Cape and KZN. All the of the company's 1, 2 and 3 bedroom apartments are intelligently designed for maximum space and privacy, are WiFi enabled and include quality finishes, prepaid utility meters and modern-fitted kitchens with eco-friendly appliances.

Balwin developments epitomise ‘Lifestyle Experience’ with most including a selection of leisure, entertainment and sport facilities such as swimming pools, spas, restaurants, squash facilities, gyms, sports fields, games rooms, cinemas and more.



  • Bad financial results growth rate -24.8% (average between last period year over year growth for revenue and Net Income), there is slowdown compared to average historical growth rates (0.0%)
  • Dividend yield for the last twelve months 0.0%
  • Share price is 1.2% higher than minimum and 63.5% lower than maximum for the last 3 years
  • The company is undervalued by P/E LTM multiple compared to target level (1.9x vs
    )
  • Fundamental value created in LTM (estimate)

Key Financials

Share price, ZAR:  (0.0%)1.7200
Share price, USD: 0.091765
Common stocks: 519 412 791

Dividend Yield:  0.0%
P/E LTM: 1.9x
Last revenue growth (y/y):  -36.1%
Last growth of Net Income (y/y):  -13.4%
Historical revenue growth:  -0.4%
Historical growth of Net Income:  +4.1%
Target P/E (hist percentile):
Fundamental value created in LTM:
P/E mutiple calculation
Market Cap ($m): 48
Net Profit ($m): 25
P/E LTM: 1.9x
Price to Book: 0.23x

Revenue and Net Income

Semi-Annual values ($m)

Change (y/y)

Share price and dividends (Download history)

Share price

Payment ZAR per share

Multiple and potential

P / E

Potential dynamics

More information for subscribed users:
detailed calculation of
Potential and Created Value,
website traffic data

Releases

2022-08-12
Consolidation of Prescribed Officer’s Interest
2022-08-05
Dealings in securities by Executive Directors and Prescribed Officers: Acceptance of Long-Term Incentive Share Award
2022-08-04
Dealings in securities by Executive Directors and Prescribed Officers: Vesting of Long-Term Incentive Shares
2022-05-24
Strategic Rental Model – Balwin Rentals Proprietary Limited Share Buyback Transaction
2022-05-19
Dealings in securities
2022-05-16
Audited results for the year ended 28 February 2022 and cash dividend declaration
2022-05-16
Integrated annual report and notice of annual general meeting
2022-05-12
Changes to the board of directors: Retirement of Kholeka Mzondeki
2022-05-03
Annual Results Release Date and Webcast Presentation
2022-04-07
Acquisition of new head office building in Melrose Arch
2022-03-04
Resignation of Chief Financial Officer and changes to the board of directors
2021-11-29
Acquisition of prime property in Johannesburg south
2021-10-28
Dealings in Securities by Executive Directors and Prescribed Officers:Acceptance of long-term incentive share awards
2021-10-20
Changes to the board of directors and the board committees
2021-10-20
Unaudited interim results for the six-month period ended 31 August 2021
2021-10-14
Interim Results Release Date and Webcast Details
2021-09-10
Withdrawal and re-issue of trading statement for the six months ended 31 August 2021
2021-09-09
Business and trading statement for the six-month period ended 31 August 2021
2021-09-06
Results of General Meeting
2021-08-25
Availability of Investor Presentation

SENS Announcements

2024-03-27
Trading Statement and Business Update for the year ended 29 February 2024
2024-02-05
Resignation of Chief Projects Officer
2023-10-26
Unaudited results for the six months ended 31 August 2023
2023-10-19
Interim Financial Results Release Date and Webcast Details
2023-10-18
Changes to the board committees
2023-08-24
Changes to the Board of Directors: Resignation of Ronen Zekry as Independent Non- Executive Director
2023-08-23
Dealings in Securities by Executive Directors & Prescribed Officers: Acceptance of Long-Term Incentive Share Awards
2023-08-21
Broad-Based Black Economic Empowerment Act: Annual Compliance Report
2023-08-18
Results of Annual General Meeting
2023-07-27
Dealings in Securities by a Non-Executive Director of the Company
2023-07-20
Amendments to the notice of annual general meeting
2023-07-14
Dealings in Securities by Executive Directors and Prescribed Officers: Vesting of Long-Term Incentive Shares
2023-05-22
Integrated annual report and notice of annual general meeting and financial assistance
2023-05-22
Audited abridged results for the year ended 28 February 2023 and cash dividend declaration
2023-05-19
Annual Financial Results Release Date and Webcast Details
2023-03-17
Trading Statement and Business Update for the year ended 28 February 2023
2023-02-21
Secondary listing on A2X
2022-10-31
Unaudited results for the six months ended 31 August 2022 and cash dividend declaration
2022-10-29
This is a test announcement
2022-10-24
Interim Results release date and webcast details
2022-10-03
Changes to the board committees
2022-09-14
Voluntary operational update and further trading statement for the six months ended 31 August 2022
2022-08-25
Trading Statement for the six-month period ended 31 August 2022
2022-08-22
Changes to the board of directors and the board committees
2022-08-19
Results of Annual General Meeting
2022-08-19
Broad-Based Black Economic Empowerment Act: Annual Compliance Report
2022-08-12
Consolidation of Prescribed Officer’s Interest
2022-08-05
Dealings in securities by Executive Directors and Prescribed Officers: Acceptance of Long-Term Incentive Share Award
2022-08-04
Dealings in securities by Executive Directors and Prescribed Officers: Vesting of Long-Term Incentive Shares
2022-05-24
Strategic Rental Model – Balwin Rentals Proprietary Limited Share Buyback Transaction
2022-05-19
Dealings in securities
2022-05-16
Integrated annual report and notice of annual general meeting
2022-05-16
Audited results for the year ended 28 February 2022 and cash dividend declaration
2022-05-12
Changes to the board of directors: Retirement of Kholeka Mzondeki