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General information

Sector: Financials

The company is available at Interactive Brokers

Hyprop creates safe environments and opportunities for people to connect and have authentic and meaningful experiences. We own and manage dominant retail centres in mixed-use precincts, in key economic nodes within South Africa and Eastern Europe.

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Our multi-skilled, diverse team of experts practice conscious retail, underpinned by a sustainable business, ensuring that Hyprop delivers meaningful social impact within a robust governance framework – creating long-term value for all our stakeholders.



  • Good financial results growth rate 22.5% (average between last period year over year growth for revenue and Net Income), there is acceleration compared to average historical growth rates (0.4%)
  • Dividend yield for the last twelve months 0.0%
  • Share price is 17.0% higher than minimum and 27.2% lower than maximum for the last 3 years
  • The company is undervalued by P/E LTM multiple compared to target level (6.7x vs
    )
  • Fundamental value created in LTM (estimate)

Key Financials

Share price, ZAR:  (0.0%)28.20
Share price, USD: 1.5045
Common stocks: 380 496 454

Dividend Yield:  0.0%
P/E LTM: 6.7x
Last revenue growth (y/y):  +4.0%
Last growth of Net Income (y/y):  +41.1%
Historical revenue growth:  +9.0%
Historical growth of Net Income:  +68.9%
Target P/E (hist percentile):
Fundamental value created in LTM:
P/E mutiple calculation
Market Cap ($m): 572
Net Profit ($m): 86
P/E LTM: 6.7x
Price to Book: 0.48x

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

Reuters Headlines

S.Africa mall operator Hyprop says seeing pick up in rent collections

South African shopping mall operator Hyprop Investments said on Wednesday that rent collections were increasing as outlets reopened and customers slowly start returning after more than two-months of lockdown.

2020-06-10

JSE:AVI JSE:HYP

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

Releases

2022-07-20
Results of General Meeting
2022-07-04
Update in respect of the disposal of Ikeja City Mall
2022-06-29
Pre-close operational update and changes to the board of directors
2022-06-21
Notice of a general meeting
2022-05-23
Completion of disposal of Delta City Mall in Podgorica
2022-04-14
Update to the investor presentation in respect of the interim results for the six months ended 31 December 2021
2022-04-11
TRP121: Notification of an acquisition of beneficial interest in securities
2022-04-01
Update in respect of the disposal of Ikeja City Mall
2022-03-31
Update in respect of the acquisition of four retail properties from Hystead Limited
2022-03-25
Results of general meeting
2022-03-23
Dealing in securities by a director of the Company: vesting of retention shares
2022-03-17
Condensed consolidated interim results for the six months ended 31 December 2021 ("HY2022")
2022-02-22
Acquisition of retail properties, posting of circular, financial information and withdrawal of cautionary
2022-02-18
Disposal of Delta City Mall in Podgorica
2022-01-28
Acquisition of four retail properties from Hystead Limited and cautionary announcement
2022-01-21
Changes to the board of directors and company secretary
2021-12-06
Pre-close operational update

SENS Announcements

2024-04-25
New Listing Notification – HILB19 & HILB20
2024-04-15
Dealings in securities by directors of the company
2024-03-28
Change to the board of directors and to the composition of the Audit and Risk Committee
2024-03-13
Condensed consolidated interim results for the six months ended 31 December 2023
2024-03-12
Trading statement
2024-03-05
Interest Payment Notification - HILB11, HILB12
2024-03-04
Acquisition of Table Bay Mall update
2024-02-21
TRP121: Notification of an acquisition of beneficial interest in securities
2024-01-31
Operational trading update – festive season
2024-01-24
TRP121: Notification of a disposal of beneficial interest in securities
2023-12-05
Dealings in securities by executive directors and the company secretary of the company
2023-12-04
Interest Payment Notification - Hyprop
2023-11-30
Pre-close operational update
2023-11-29
Results of annual general meeting
2023-11-24
Dealings in securities by a director of the company and an associate of a director of the company
2023-11-21
Modification of special resolution number 1 proposed for adoption at the annual general meeting of Hyprop
2023-11-13
Dealings in securities by directors and associates of directors of the company
2023-11-07
Hyprop Limited- Interest Payment
2023-11-06
Vesting of restricted shares and dealings in securities by directors
2023-11-06
Results of dividend reinvestment alternative
2023-11-03
Vesting of performance shares and dealings in securities by directors
2023-10-27
Notice of annual general meeting and availability of integrated annual report
2023-10-26
Vesting of retention shares and dealings in securities by a director and by an associate of a director
2023-10-24
Announcement of dividend reinvestment price and confirmation of finalisation information
2023-10-17
Credit rating notification
2023-10-17
Acquisition of Table Bay Mall
2023-10-16
Posting of circular in respect of the dividend declaration with election to reinvest for additional shares in Hyprop
2023-10-03
Broad-Based Black Economic Empowerment certificate and annual compliance report
2023-09-20
Summarised consolidated audited results for year ended 30 June 2023 and guidance for the year ending 30 June 2023
2023-08-24
TRP121: Notification of an acquisition of beneficial interest in securities
2023-07-04
Notification in terms of section 45(5) of the Companies Act 71 of 2008
2023-06-29
New Listing Notification – HILB17 & HILB18
2023-06-27
Pre-close operational update
2023-04-14
Interest Payment Notification - HILB14
2023-04-04
New Listing Notification – HILB17 & HILB18
2023-03-24
HYPI-Amendment of the DTMN Programme
2023-03-16
Interim results for the six months ended 31 December 2022
2023-03-06
Hyprop Interest Payment Notification
2023-03-02
TRP121: Notification of an acquisition of beneficial interest in securities
2023-02-20
TRP121: Notification of an acquisition of beneficial interest in securities
2023-01-23
TRP121: Notification of an acquisition of beneficial interest in securities
2022-12-15
Change to the board of directors, composition of committees and function of a director
2022-12-06
Change to the board of directors, composition of the social and ethics committee and function of director
2022-12-05
Pre-close operational update
2022-12-05
Interest Payment Notification - Hyprop Investments Ltd
2022-12-05
Dealings in securities by directors of the company and associates of directors of the company
2022-11-30
Secondary listing on A2X
2022-11-11
Dealings in securities by directors and associates of directors of the company
2022-11-09
TRP121: Notification of an acquisition of beneficial interest in securities
2022-11-09
New Listing Notification – HILB15 & HILB16
2022-11-07
Results of dividend reinvestment alternative
2022-11-03
Dealings in securities by executive directors and by the company secretary of the company
2022-10-28
Notice of AGM, no change statement, availability of IAR, notification in terms of s45(5) of the Companies Act
2022-10-20
Vesting of retention shares and dealings in securities by a director and by an associate of a director
2022-10-18
Credit rating notification
2022-10-18
New Listing Notification – HILB14
2022-10-03
Availability of Broad-Based Black Economic Empowerment Certificate and Annual Compliance Report
2022-09-29
Summarised consolidated audited results for the year ended 30 June 2022
2022-09-05
Interest Payment Notification - Hyprop Investments
2022-07-20
Results of General Meeting
2022-07-04
Update in respect of the disposal of Ikeja City Mall
2022-06-29
Pre-close operational update and changes to the board of directors
2022-06-21
Notice of a general meeting
2022-05-31
Hyprop-Interest Rate Payments
2022-05-23
Completion of disposal of Delta City Mall in Podgorica