Heriot REIT (JSE:HET) FFO per Share: R4.79 (TTM As of Dec. 2025)

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JSE:HET Heriot REIT Ltd JSE:HET
78 GF Score
Price R26.00
GF Value R23.80
Valuation Fairly Valued
! 13 Warning Signs
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What is Heriot REIT FFO per Share?

Heriot REIT JSE:HET 78 FFO per Share is R4.79 as of Dec. 2025. GuruFocus rates JSE:HET with a GF Score™ of 78/100 and a GF Value™ of R23.80 (Fairly Valued). The stock has 13 warning signs investors should review.

Heriot REIT's FFO per Share for the six months ended in Dec. 2025 was R1.98. Heriot REIT's FFO per Share for the trailing twelve months (TTM) ended in Dec. 2025 was R4.79.


Heriot REIT FFO per Share Related Terms


Heriot REIT FFO per Share Historical Data

* Premium members only.

The historical data trend for Heriot REIT's FFO per Share 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 FFO per Share Chart

Heriot REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
FFO per Share
Get a 7-Day Free Trial 1.23 1.05 2.67 0.69 0.78

Heriot REIT Semi-Annual Data
Nov17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FFO per Share 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 1.21 2.18 2.25 2.81 1.98

JSE:HET vs VICI, WPC: FFO per Share Comparison

For the REIT - Diversified subindustry, Heriot REIT's Price-to-FFO, along with its competitors' market caps and Price-to-FFO 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 Price-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, Heriot REIT's Price-to-FFO distribution charts can be found below:

* The bar in red indicates where Heriot REIT's Price-to-FFO falls into.


JSE:HET
78GF Score
Heriot REIT Ltd JSE:HET
FFO per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Heriot REIT FFO per Share Calculation

FFO per Share is the amount of funds from operations per outstanding share of the REITs stock.

Heriot REIT's FFO per Share for the fiscal year that ended in Jun. 2025 is calculated as

FFO per Share (A: Jun. 2025 )=FFO (A: Jun. 2025 /Shares Outstanding (Diluted Average) (A: Jun. 2025 )
=247.818/319.262
=0.78

Heriot REIT's FFO per Share for the quarter that ended in Dec. 2025 is calculated as

FFO per Share (Q: Dec. 2025 )=FFO (Q: Dec. 2025 )/Shares Outstanding (Diluted Average) (Q: Dec. 2025 )
=632.67/319.262
=1.98

FFO per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R4.79

* 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.

Frequently Asked Questions Learn more about FFO per Share →
What does a FFO per Share of R4.79 mean?
Heriot REIT (JSE:HET) has a FFO per Share of R4.79 as of Dec. 2025. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Heriot REIT and its competitors.
Is Heriot REIT's FFO per Share too high?
Heriot REIT's current FFO per Share is R4.79. Overall, Heriot REIT has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heriot REIT's FFO per Share compare to VICI and WPC?
Heriot REIT's FFO per Share of R4.79 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FFO per Share for a REITs company?
A good FFO per Share depends on the REITs industry context. However, FFO per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FFO per Share mean?
A high FFO per Share can signal that a stock is expensive relative to its fundamentals. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Heriot REIT and its competitors. Heriot REIT's current FFO per Share is R4.79. 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 R23.80, compared to a current price of R26.00 — trading 9.2% above its estimated fair value. The current FFO per Share is R4.79. Heriot REIT's overall GF Score™ is 78/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FFO per Share calculated?
FFO per Share is calculated from a company's financial statements. For Heriot REIT (JSE:HET), the current FFO per Share is R4.79 as of Dec. 2025. 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 9.2% above its estimated GF Value™ of R23.80. GuruFocus considers Heriot REIT to be Fairly Valued.

Key valuation signals for JSE:HET:

  • FFO per Share: R4.79
  • GF Value™: R23.80 vs. price of R26.00 (9.2% above fair value)
  • GF Score™: 78/100 with 13 warning signs

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.
78GF Score

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FFO per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R26.00
Price
R23.80
GF Value