Mapletree Pan Asia Commercial Trust

N2IU.SI : Singapore Exchange

1.410

+2.17%

Share Price in SGD. As of 06 Sep 17:04:07 SGT

All

Chart

Key stats

Mapletree Pan Asia Commercial Trust's highest share price was $1.58 and lowest share price was $1.18 in the past 12 months. Mapletree Pan Asia Commercial Trust’s current market cap is $7.4B.

  • 52-Week High
    SGD 1.580
  • 52-Week Low
    SGD 1.180
  • Market Cap
    SGD 7.4B
  • Avg Volume
    18M
  • P/E Ratio (TTM)
    12.82
  • Forward Dividend Yield
    6.4%

Share Price Performance

Mapletree Pan Asia Commercial Trust’s share price has increased by 2.92% over the past 1 year. It has underperformed the Singapore stock market during this period.

N2IU.SI
Market
1 Day 2.17% -0.21%
5 Day 2.92% -0.25%
1 Month 14.63% 8.00%
6 Month 8.46% 10.15%
YTD -8.44% 6.95%
1 Year 2.92% 12.41%
5 Year -40.25% 8.16%

Recently happened to Mapletree Pan Asia Commercial Trust

Mapletree Pan Asia Commercial Trust announced dividend per share (DPS) of S$0.0209

30 Jul 2024 • Dividend

View upcoming dividend payment
Beansprout Analysis

Beansprout's Checklist

Fundamental
  • Occupancy Rate of 96.1% is higher than sector average of 95.2%

  • Net property income yield of 4.41% is lower than its dividend yield of 6.4%

Financial
  • Gearing Ratio of 0.41x is higher than sector average of 0.38x

  • Interest Coverage Ratio of 2.9x is above 2.5x

  • Net Book Value of $1.75 is lower than its net book value of $1.76 in the previous year

Valuation
  • Dividend Yield of 6.4% is higher than sector average of 5.5%

  • Distribution per unit growth is -7.30%

  • Price to Book of 0.80x is lower than sector average of 1.16x


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Revenue Breakdown by Asset

Revenue Breakdown by Geography

Market Analysis

Consensus Share Price Target

Mapletree Pan Asia Commercial Trust’s price target is $1.511, according to consensus estimates as of 06 Sep 2024. Mapletree Pan Asia Commercial Trust’s with a price target of $1.511 and current price of $1.41, has an upside potential of 7.2%.

Price Target: $1.511

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 06 Sep 2024

Analyst Ratings

  • CGS-CIMB

    29 Jan 2024

    Add

    (prev Hold)

    1.540

  • DBS Research

    04 Jul 2024

    Buy

    1.750

  • Maybank Research

    05 Aug 2024

    Hold

    1.300

  • OCBC Investment

    31 Jul 2024

    Buy

    1.560

    (prev 1.590)

  • UOB Kay Hian

    22 Aug 2024

    Buy

    1.680

Valuation

Price to book (P/B) ratio

Current P/B
0.8
Historical Average P/B
0.83
Sector Average P/B
1.16

Mapletree Pan Asia Commercial Trust's current P/B ratio of 0.8x is inline with its historical average P/B ratio of 0.83x.

Earnings

Earnings per share (EPS)

Mapletree Pan Asia Commercial Trust's' latest earnings per share is $0.11, which is higher than the earnings per share of $0.10 in 2022.

Financials

Financial Statements

30 Jul 2024

First Quarter Results

For period ending 30 Jun 2024

24 Apr 2024

Full Yearly Results

For period ending 31 Mar 2024

29 Jan 2024

Third Quarter Results

For period ending 31 Dec 2023

26 Oct 2023

Second Quarter and/ or Half Yearly Results

For period ending 30 Sep 2023

Annual Reports

28 Jun 2024

Annual Report

For period ending 31 Mar 2024

28 Jun 2024

Sustainability Report

For period ending 31 Mar 2024

News
Profile

Company Description

Mapletree Pan Asia Commercial Trust ("MPACT") is a real estate investment trust ("REIT") positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited ("SGX-ST"), it made its public market debut as Mapletree Commercial Trust on 27 April 2011 and was renamed MPACT on 3 August 2022 following the merger with Mapletree North Asia Commercial Trust. Its principal investment objective is to invest on a long-term basis, directly or indirectly, in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes, as well as real estate-related assets, in the key gateway markets of Asia (including but not limited to Singapore, China, Hong Kong, Japan and South Korea). The Manager's key financial objectives are to provide Unitholders with an attractive rate of return on their investment through regular and stable distributions to Unitholders and to achieve long-term growth in DPU and NAV per Unit, while maintaining an appropriate capital structure for MPACT.