Metrics to compare | NRLJ | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipNRLJPeersSector | |
|---|---|---|---|---|
P/E Ratio | 5.4x | 8.4x | 8.5x | |
PEG Ratio | 0.04 | 0.08 | 0.01 | |
Price/Book | 0.8x | 0.9x | 0.9x | |
Price / LTM Sales | 3.6x | 5.0x | 4.0x | |
Upside (Analyst Target) | - | 9.2% | 18.8% | |
Fair Value Upside | Unlock | −1.5% | 1.9% | Unlock |
Newpark REIT Limted was registered and incorporated as a public company on. Newpark is a property holding and investment company that through its subsidiaries is invested in high-quality properties. Newpark’s investment strategy is to seek well-located prime commercial, industrial and retail properties in South Africa, which provide a high-quality, sustainable earnings base with the potential for capital appreciation within the medium to long-term. The JSE granted Newpark a listing of all of its issued shares on the JSE in the Diversified REITs sector of the AltX of the JSE under the abbreviated name: Newpark, JSE share code: NRL and ISIN: ZAE000212783 with effect from 3 February 2016. was established on 7 December 2015 and incorporated in South Africa.