REITs • 02 Aug 2024
OUE REIT
TS0U.SI : Singapore Exchange
0.325
+1.56%
Share Price in SGD. As of 20 Sep 17:04:45 SGT
All
Chart
Key stats
OUE REIT’s share price has increased by 27.5% over the past 1 year. It has outperformed the Singapore stock market during this period.
Share Price Performance
- 52 Week Range
- SGD 0.215 - 0.345
- Price vs 5-year high/low
- Not close
| TS0U.SI | Market | |
|---|---|---|
| 1 Month | 14.0% | 7.4% |
| YTD | 14.0% | 12.2% |
| 1 Year | 27.5% | 18.0% |
| 5 Year | -42.0% | 13.5% |
Valuation
Financial
Dividend
Beansprout Analysis
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Beansprout Exclusive
- Rating:
Buy
- Price Target*:
- $0.32
- Upside/Downside:
- -1.54%
*Target price is for 12 months
Research Reports
Beansprout's Checklist
-
Occupancy Rate of 95.1% is higher than sector average of 93.3%
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Net property income yield of 3.74% is lower than its dividend yield of 6.2%
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Gearing Ratio of 0.39x is lower than sector average of 0.40x
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Interest Coverage Ratio of 2.3x is below 2.5x
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Net Book Value of $0.60 is higher than its net book value of $0.59 in the previous year
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Dividend Yield of 6.2% is lower than sector average of 6.8%
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Distribution per unit growth is -1.40%
-
Price to Book of 0.54x is lower than sector average of 0.73x
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Revenue Breakdown by Asset
Revenue Breakdown by Geography
Market Analysis
Consensus Share Price Target
OUE REIT’s price target is $0.36, according to consensus estimates as of 21 Sep 2024. OUE REIT’s with a price target of $0.36 and current price of $0.325, has an upside potential of 10.8%.
Price Target: $0.360
Sell
Underperform
Neutral
Outperform
Buy
Source: SGX as of 21 Sep 2024
Analyst Ratings
KGI Securities
31 May 2024
Buy
0.310
Phillip Securites
25 Jun 2024
Buy
0.330
CGS-CIMB
28 Jul 2023
Buy
0.360
DBS Research
14 Dec 2023
Buy
0.350
Valuation
Earnings
Financials
News
Profile
Company Description
OUE Real Estate Investment Trust, formerly known as OUE Commercial Real Estate Investment Trust, is one of the largest diversified Singapore REITs with total assets under management of S$6.3 billion as of 31 December 2023. The REIT invests in income-producing real estate used primarily for hospitality, retail and/or office purposes in financial and business hubs, as well as real estate-related assets. With six assets in Singapore and one in Shanghai, OUE REIT's property portfolio comprises 1,655 upper scale hotel rooms and approximately 2.2 million square feet of prime office and retail space. OUE REIT is managed by OUE REIT Management Pte. Ltd., a wholly-owned subsidiary of OUE Limited, the sponsor. OUE Limited is a leading real estate and healthcare group, growing strategically to capitalise on growth trends across Asia.