Daiwa House Logistics Trust

DHLU.SI : Singapore Exchange

0.555

0.00%

Share Price in SGD. As of 26 Jul 17:04:43 SGT

All

Chart

Key stats

  • 52-Week High
    SGD 0.680
  • 52-Week Low
    SGD 0.500
  • Market Cap
    SGD 387M
  • Avg Volume
    961K
  • P/E Ratio (TTM)
    9.25
  • Forward Dividend Yield
    9.0%

Share Price Performance

DHLU.SI
Market
1 Day 0.90% 0.24%
5 Day 0.00% -0.31%
1 Month -2.63% 2.49%
6 Month -13.95% 9.02%
YTD -15.27% 6.08%
1 Year 0.00% 6.50%
5 Year -31.06% 9.82%
Include dividend return
Beansprout Analysis

Beansprout's Checklist

Fundamental
  • Occupancy Rate of 100.0% is higher than sector average of 93.5%

  • Net property income yield of 5.46% is lower than its dividend yield of 9%

Financial
  • Gearing Ratio of 0.37x is higher than sector average of 0.35x

  • Interest Coverage Ratio of 12.0x is above 2.5x

  • Net Book Value of $0.74 is lower than its net book value of $0.80 in the previous year

Valuation
  • Dividend Yield of 9% is higher than sector average of 8.4%

  • Distribution per unit growth is 6.84%

  • Price to Book of 0.75x is lower than sector average of 0.81x

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Revenue Breakdown by Asset

Revenue Breakdown by Geography

Market Analysis

Consensus Share Price Target

Price Target: $0.728

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 27 Jul 2024

Analyst Ratings

  • DBS Research

    28 Feb 2024

    Buy

    0.750

    (prev 0.800)

Analyst Reports

Valuation

Price to book (P/B) ratio

Current P/B
0.7
Historical Average P/B
0.8

Daiwa House Logistics Trust's current P/B ratio of 0.7x is lower than its historical average P/B ratio of 0.8x.

Earnings

Earnings per share (EPS)

The latest earnings per share is $0.06, which is lower than the earnings per share of $0.21 in 2022.

Financials

Financial Statements

28 Feb 2024

Full Yearly Results

For period ending 31 Dec 2023

03 Aug 2023

Half Yearly Results

For period ending 30 Jun 2023

Annual Reports

01 Apr 2024

Annual Report

For period ending 31 Dec 2023

News
Profile

Company Description

Daiwa House Logistics Trust (“DHLT”) is a Singapore real estate investment trust established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia. The initial portfolio of DHLT as at the Listing Date comprise 14 modern logistics properties in Japan. The Sponsor, Daiwa House Industry Co., Ltd (“DHI”), is listed on the Tokyo Stock Exchange, and is one of the largest construction and real estate development companies in Japan as at the Listing Date.

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