First REIT

AW9U.SI : Singapore Exchange

0.280

0.00%

Share Price in SGD. As of 20 Sep 17:11:57 SGT

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Key stats

First REIT’s share price has increased by 16.7% over the past 1 year. It has underperformed the Singapore stock market during this period.

Share Price Performance
52 Week Range
SGD 0.220 - 0.280
Price vs 5-year high/low
Near high
AW9U.SI Market
1 Month 9.8% 7.5%
YTD 7.7% 12.2%
1 Year 16.7% 18.0%
5 Year -70.1% 13.5%
Valuation
Financial
Dividend

Recently happened to First REIT

First REIT announced dividend per share (DPS) of S$0.006

26 Jul 2024 • Dividend

View upcoming dividend payment
First REIT has announced 1Q 2024 Results Summary.

Earnings

View earnings highlights
Beansprout Analysis

Beansprout's Checklist

Fundamental
  • Occupancy Rate of 100.0% is inline with sector average of 100.0%

  • Net property income yield of 9.21% is higher than its dividend yield of 7.1%

Financial
  • Gearing Ratio of 0.39x is higher than sector average of 0.38x

  • Interest Coverage Ratio of 4.0x is above 2.5x

  • Net Book Value of $0.30 is lower than its net book value of $0.31 in the previous year

Valuation
  • Dividend Yield of 7.1% is higher than sector average of 5.4%

  • Distribution per unit growth is -6.06%

  • Price to Book of 0.99x is lower than sector average of 1.36x


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Revenue Breakdown by Asset

Revenue Breakdown by Geography

Market Analysis

Analyst Ratings

  • DBS Research

    25 Apr 2024

    Buy

    0.290

    (prev 0.300)

  • Lim & Tan Securities

    26 Mar 2024

    Add

    0.300

  • Maybank Research

    26 Jun 2024

    Buy

    0.280

  • OCBC Investment

    25 Apr 2024

    Buy

    0.280

    (prev 0.300)

  • SAC Capital

    04 Aug 2023

    Buy

    0.295

    (prev 0.300)

Valuation
Earnings
Financials
News
Profile

Company Description

First REIT was established with the principal investment objective of owning and investing in a diversified portfolio of income-producing real estate and/or real estate-related assets in Asia that are primarily used for healthcare and/or healthcare-related purposes including but not limited to regional healthcare and/or healthcare-related markets with high growth potential such as Indonesia, Singapore, China, Malaysia, Thailand and Hong Kong. In addition, as one of its objectives, First REIT seeks to invest in healthcare and healthcare-related assets that are positioned to capitalise on the growing demand for healthcare services in Asia. The Manager of First REIT is Bowsprit Capital Corporation Limited. The Manager’ s key financial objective is to provide unitholders of First REIT (“Unitholders”) with a competitive rate of return for their investment by ensuring regular and stable distributions to Unitholders and to achieve long-term growth in the net asset value (“NAV”) of First REIT. First REIT’s initial asset portfolio as at Listing Date consists of the following Properties which are all located in Indonesia: Siloam Hospitals Lippo Karawaci; Siloam Hospitals West Jakarta; Siloam Hospitals Surabaya; and Imperial Aryaduta Hotel & Country Club.