Heriot REIT (JSE:HET) Buyback Yield %: 10.34 (As of Jul. 30, 2026) — 72% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:HET Heriot REIT Ltd JSE:HET
70 GF Score
Price R26.00
GF Value R23.66
Valuation Fairly Valued
! 13 Warning Signs
View Full Analysis

What is Heriot REIT Buyback Yield %?

Heriot REIT JSE:HET 70 Buyback Yield % is 10.34 as of Jul. 30, 2026, which is 72% above its 10-year median of 6.00. GuruFocus rates JSE:HET with a GF Score™ of 70/100 and a GF Value™ of R23.66 (Fairly Valued). The stock has 13 warning signs investors should review. Among 343 REITs companies, Heriot REIT ranks better than 95.63% on this metric.

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Heriot REIT's current buyback yield was 10.34%.


Heriot REIT Buyback Yield % Historical Data

* Premium members only.

The historical data trend for Heriot REIT's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Heriot REIT Buyback Yield % Chart

Heriot REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Buyback Yield %
Get a 7-Day Free Trial 0.00 0.00 -0.30 0.00 0.00

Heriot REIT Semi-Annual Data
Nov17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 12.30

JSE:HET vs VICI, WPC: Buyback Yield % Comparison

For the REIT - Diversified subindustry, Heriot REIT's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heriot REIT Buyback Yield % vs REITs Industry

For the REITs industry and Real Estate sector, Heriot REIT's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Heriot REIT's Buyback Yield % falls into.


JSE:HET
70GF Score
Heriot REIT Ltd JSE:HET
Buyback Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heriot REIT Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Heriot REIT's Buyback Yield for the fiscal year that ended in Jun. 2025 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (0 + 0) / 4788.93
=0.00%

Heriot REIT's annualized Buyback Yield for the quarter that ended in Dec. 2025 is calculated as

Buyback Yield=Net Issuance of Stock(TTM) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) (TTM)** / Market Cap
=- (-873.788 + 0) / 7103.5795
=12.30%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** If the quarter corresponds to the year-end period, we will use the annual Repurchase of Stock and Issuance of Stock data .

Frequently Asked Questions Learn more about Buyback Yield % →
What does a Buyback Yield % of 10.34 mean?
Heriot REIT (JSE:HET) has a Buyback Yield % of 10.34 as of Jul. 30, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Heriot REIT and its competitors. This is 72% above median its historical median of 6.00. According to the industry distribution chart, Heriot REIT ranks #15 out of 343 companies in the REITs industry, placing it in the top 4.4%.
Is Heriot REIT's Buyback Yield % too high?
Heriot REIT's current Buyback Yield % of 10.34 is 72% above median its 10-year median of 6.00. The REITs industry median Buyback Yield % is 0.03. Heriot REIT's value of 10.34 is 34366.7% above this industry median. Based on the distribution chart, Heriot REIT ranks #15 out of 343 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Heriot REIT has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heriot REIT's Buyback Yield % compare to VICI and WPC?
According to the REITs industry distribution chart, Heriot REIT ranks #15 out of 343 companies for Buyback Yield %. This places Heriot REIT in the top 4% of its industry — outperforming the majority of peers. The industry median Buyback Yield % is 0.03. Heriot REIT's value of 10.34 is 34366.7% above this benchmark. While the company's 10-year median is 6.00 vs. the industry median of 0.03, Heriot REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for a REITs company?
The median Buyback Yield % among REITs companies is 0.03, based on 343 companies in the industry. Companies in the top quartile (top 25%) have a Buyback Yield % significantly above this median, while those in the bottom quartile fall well below. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heriot REIT's current Buyback Yield % of 10.34 is 34366.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Heriot REIT and its competitors. For the REITs industry, the median Buyback Yield % is 0.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heriot REIT's current Buyback Yield % is 10.34, which is 72% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heriot REIT stock overvalued right now?
Based on GuruFocus' analysis, Heriot REIT (JSE:HET) is currently considered Fairly Valued. The stock's GF Value™ is R23.66, compared to a current price of R26.00 — trading 9.9% above its estimated fair value. The current Buyback Yield % is 10.34, which is 72% above median its 10-year median of 6.00 and 34366.7% above the REITs industry median of 0.03. Heriot REIT's overall GF Score™ is 70/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Heriot REIT (JSE:HET), the current Buyback Yield % is 10.34 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Heriot REIT (JSE:HET) Overvalued in 2026?

Based on GuruFocus' analysis, Heriot REIT stock appears to be overvalued. The current stock price of R26.00 is trading 9.9% above its estimated GF Value™ of R23.66. GuruFocus considers Heriot REIT to be Fairly Valued.

Key valuation signals for JSE:HET:

  • Buyback Yield %: 10.34 (72% above median its 10-year median of 6.00)
  • GF Value™: R23.66 vs. price of R26.00 (9.9% above fair value)
  • GF Score™: 70/100 with 13 warning signs
  • Industry Position: 34366.7% above the REITs median (#15 of 343)

No single metric tells the full story. See the JSE:HET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heriot REIT Business Description

Industry Real EstateREITs
Address 3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196
Heriot REIT Ltd is a South African real estate investment trust. The company's primary segments include retail, industrial, office, specialized, residential, and others. While the majority of the revenue is earned from the Retail segment. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams. Geographically, the company operates in Gauteng, Western Cape, KwaZulu-Natal, North West, Mpumalanga, Limpopo, Free State, and Namibia.
70GF Score

Get the complete analysis for JSE:HET

Buyback Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R26.00
Price
R23.66
GF Value