Keppel DC REIT

AJBU.SI : Singapore Exchange

1.900

-0.52%

Share Price in SGD. As of 26 Jul 17:04:42 SGT

Keppel DC REIT announced dividend per share (DPS) of S$0.05

26 Jul 2024 • Upcoming dividend

All

Chart

Key stats

  • 52-Week High
    SGD 2.230
  • 52-Week Low
    SGD 1.600
  • Market Cap
    SGD 3.3B
  • Avg Volume
    3.7M
  • P/E Ratio (TTM)
    21.11
  • Forward Dividend Yield
    4.7%

Share Price Performance

AJBU.SI
Market
1 Day 0.00% 0.24%
5 Day -2.06% -0.31%
1 Month 4.97% 2.84%
6 Month 7.95% 8.45%
YTD -1.55% 6.08%
1 Year -8.65% 6.50%
5 Year -0.52% 9.82%
Include dividend return
Beansprout Analysis

Beansprout's Checklist

Fundamental
  • Occupancy Rate of 98.3% is higher than sector average of 95.2%

  • Net property income yield of 6.20% is higher than its dividend yield of 4.7%

Financial
  • Gearing Ratio of 0.38x is lower than sector average of 0.38x

  • Interest Coverage Ratio of 4.6x is above 2.5x

  • Net Book Value of $1.34 is lower than its net book value of $1.40 in the previous year

Valuation
  • Dividend Yield of 4.7% is lower than sector average of 6.1%

  • Distribution per unit growth is -8.10%

  • Price to Book of 1.38x is higher than sector average of 1.05x

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Revenue Breakdown by Asset

Revenue Breakdown by Geography

Market Analysis

Consensus Share Price Target

Price Target: $1.921

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 27 Jul 2024

Analyst Ratings

  • CGS-CIMB

    27 Jan 2024

    Hold

    (prev Buy)

    1.880

    (prev 2.530)

  • DBS Research

    29 Jan 2024

    Buy

    2.200

    (prev 2.450)

  • OCBC Investment

    20 May 2024

    Buy

    1.740

  • Philip Securities

    22 Apr 2024

    Add

    1.860

  • UOB Kay Hian

    11 Jun 2024

    Buy

    2.200

    (prev 2.150)

Analyst Reports

Valuation

Price to book (P/B) ratio

Current P/B
1.4
Historical Average P/B
1.4

Keppel DC REIT's current P/B ratio of 1.4x is inline with its historical average P/B ratio of 1.4x.

Earnings

Earnings per share (EPS)

The latest earnings per share is $0.07, which is lower than the earnings per share of $0.13 in 2022.

Financials

Financial Statements

26 Jul 2024

Half Yearly Results

For period ending 30 Jun 2024

26 Jan 2024

Full Yearly Results

For period ending 31 Dec 2023

Annual Reports

26 Mar 2024

Annual Report

For period ending 31 Dec 2023

News
Profile

Company Description

Keppel DC REIT is the first pure-play data centre REIT listed in Asia on the Singapore Exchange. The REIT's investment strategy is to principally invest, directly or indirectly, in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes as well as real estate-related assets. With a quality portfolio of assets located in key data centre hubs across Asia Pacific and Europe, the Manager aims to deliver sustainable returns to investors by capturing value from the data centre industry. Keppel DC REIT is managed by Keppel DC REIT Management Pte. Ltd. (the Manager). Keppel Capital Holdings Pte. Ltd. has a 50% interest in the Manager, with the remaining interest held by Keppel Telecommunications & Transportation Ltd.

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