Elite UK REIT

MXNU.SI : Singapore Exchange

0.285

-1.72%

Share Price in GBP. As of 15 Nov 16:05:45 SGT

All

Chart

Recently happened to Elite UK REIT

Elite UK REIT has announced 9M 2024 Results Summary.

Earnings

View earnings highlights
European banks’ commercial real estate exposures ‘visibly deteriorating,’ ECB finds

05 Nov 2024 • News

View more

Key stats

Elite UK REIT’s share price has increased by 1.5% over the past 1 year. It has underperformed the Singapore stock market during this period.

Share Price Performance
  • 52 Week Range

    £0.220 - 0.345

  • Price vs 5-year high/low

    Not close

  • MXNU.SI Market
    1 Month 0.0% 4.2%
    YTD 1.8% 15.9%
    1 Year 1.5% 19.6%
    5 Year -59.3% 15.6%
Valuation
Financial
Dividend
Beansprout Analysis
beansprout logo small

Beansprout Exclusive

Rating:

Buy

(prev Buy)

Price Target*:
£0.44

(prev £0.44)

Upside/Downside:
+54.39%

*Target price is for 12 months

Research Reports

Beansprout's Checklist

Fundamental
  • Occupancy Rate of 92.3% is higher than sector average of 88.3%

  • Net property income yield of 9.93% is lower than its dividend yield of 10.5%

Financial
  • Gearing Ratio of 0.44x is lower than sector average of 0.45x

  • Interest Coverage Ratio of 3.1x is above 2.5x

  • Net Book Value of £0.43 is lower than its net book value of £0.52 in the previous year

Valuation
  • Dividend Yield of 10.5% is lower than sector average of 13.1%

  • Distribution per unit growth is -28.90%

  • Price to Book of 0.70x is higher than sector average of 0.48x


Get your free exclusive guide on using our checklist to analyse your favourite REITs!

Compare REITs

Have another REIT in mind?
Select a REIT to compare with Elite UK REIT

Revenue Breakdown by Asset

Revenue Breakdown by Geography

Market Analysis

Consensus Share Price Target

Elite UK REIT’s price target is £0.373, according to consensus estimates as of 16 Nov 2024. Elite UK REIT’s with a price target of £0.373 and current price of £0.285, has an upside potential of 30.9%.

Price Target: £0.373

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 16 Nov 2024

Analyst Ratings

  • DBS Research

    28 May 2024

    Hold

    0.250

    (prev 0.280)

  • CGS-CIMB

    19 Feb 2024

    Add

    0.380

    (prev 0.490)

  • Phillip Securities

    06 May 2024

    Buy

    0.320

    (prev 0.340)

Analyst Reports

Valuation
Earnings
Financials
News
Profile

Company Description

A Singapore real estate investment trust (REIT) established with the investment strategy of principally investing, directly or indirectly, in commercial assets and real estate-related assets in the United Kingdom (UK).