Paragon REIT
SK6U.SI : Singapore Exchange
0.850
0.00%
Share Price in SGD. As of 26 Jul 17:04:42 SGT
All
Chart
Key stats
- 52-Week HighSGD 0.955
- 52-Week LowSGD 0.790
- Market CapSGD 2.4B
- Avg Volume1.2M
- P/E Ratio (TTM)17.00
- Forward Dividend Yield8.2%
Share Price Performance
| SK6U.SI | Market
| |
|---|---|---|
| 1 Day | 0.00% | 0.24% |
| 5 Day | 0.59% | -0.31% |
| 1 Month | -0.58% | 2.49% |
| 6 Month | -2.86% | 9.02% |
| YTD | -3.41% | 6.08% |
| 1 Year | 1.80% | 6.50% |
| 5 Year | -22.02% | 9.82% |
Beansprout Analysis
Beansprout's Checklist
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Occupancy Rate of 98.1% is higher than sector average of 95.2%
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Net property income yield of 5.22% is lower than its dividend yield of 8.2%
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Gearing Ratio of 0.30x is lower than sector average of 0.37x
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Interest Coverage Ratio of 2.8x is above 2.5x
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Net Book Value of $0.91 is inline with its net book value of $0.91 in the previous year
-
Dividend Yield of 8.2% is lower than sector average of 8.5%
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Distribution per unit growth is -9.06%
-
Price to Book of 0.93x is higher than sector average of 0.71x
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Revenue Breakdown by Asset
Revenue Breakdown by Geography
Market Analysis
Consensus Share Price Target
Price Target: $0.970
Source: SGX as of 18 Jun 2024
Analyst Ratings
CGS-CIMB
06 Feb 2024
Hold
0.860
(prev 0.880)
DBS Research
11 Apr 2024
Buy
1.050
Analyst Reports
Valuation
Price to book (P/B) ratio
0.9
0.9
Paragon REIT's current P/B ratio of 0.9x is inline with its historical average P/B ratio of 0.9x.
Earnings
Earnings Highlights
1Q FY2024 Key Business and Operational Updates
Revenue: SGD 73.80M
Increased 3% Year-on-Year
Higher contribution from Paragon and Clementi Mall
Portfolio Occupancy: 98.1%
Leverage/Gearing: 30%
Outlook
null
Sources: Paragon REIT Financial Report
Earnings per share (EPS)
The latest earnings per share is $0.05, which is lower than the earnings per share of $0.06 in 2022.
Financials
Financial Statements
| 05 Feb 2024 | For period ending 31 Dec 2023 |
| 07 Aug 2023 | For period ending 30 Jun 2023 |
Annual Reports
| 04 Mar 2024 | For period ending 31 Dec 2023 |
News
Profile
Company Description
PARAGON REIT is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail purposes in AsiaPacific, as well as real estate-related assets. PARAGON REIT has a portfolio of five assets in Singapore and Australia. Its portfolio of properties in Singapore comprises a 99-year leasehold interest in Paragon that commenced on 24 July 2013, a 99-year leasehold interest in The Clementi Mall that commenced on 31 August 2010 and a 99-year leasehold interest in The Rail Mall that commenced on 18 March 1947. These Singapore properties have an aggregate net lettable area of approximately 960,000 sq. ft. In Australia, PARAGON REIT owns a 50% freehold interest in Westfield Marion Shopping Centre, the largest regional shopping centre in Adelaide, South Australia. PARAGON REIT also owns an 85% interest in Figtree Grove Shopping Centre, a freehold subregional shopping centre in Wollongong, New South Wales, Australia. Both Australian properties have an aggregate gross lettable area of approximately 1.7 million sq. ft.