OUE REIT
TS0U.SI : Singapore Exchange
0.285
+3.64%
Share Price in SGD. As of 26 Jul 17:04:43 SGT
OUE REIT announced dividend per share (DPS) of S$0.01
24 Jul 2024 • Upcoming dividend
All
Chart
Key stats
- 52-Week HighSGD 0.315
- 52-Week LowSGD 0.200
- Market CapSGD 1.6B
- Avg Volume4M
- P/E Ratio (TTM)9.50
- Forward Dividend Yield7.0%
Share Price Performance
| TS0U.SI | Market
| |
|---|---|---|
| 1 Day | 1.79% | 0.24% |
| 5 Day | -3.39% | -0.31% |
| 1 Month | 9.62% | 2.49% |
| 6 Month | 1.79% | 9.02% |
| YTD | 0.00% | 6.08% |
| 1 Year | 21.28% | 6.50% |
| 5 Year | -47.22% | 9.82% |
Beansprout Analysis
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 7%
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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
-
Dividend Yield of 7% is lower than sector average of 7.8%
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Distribution per unit growth is -1.40%
-
Price to Book of 0.47x is lower than sector average of 0.65x
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Revenue Breakdown by Asset
Revenue Breakdown by Geography
Market Analysis
Consensus Share Price Target
Price Target: $0.360
Source: SGX as of 27 Jul 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
Price to book (P/B) ratio
0.5
0.6
OUE REIT's current P/B ratio of 0.5x is lower than its historical average P/B ratio of 0.6x.
Earnings
Earnings per share (EPS)
The latest earnings per share is $0.03, which is lower than the earnings per share of $0.05 in 2022.
Financials
Financial Statements
| 24 Jul 2024 | For period ending 30 Jun 2024 |
| 29 Jan 2024 | For period ending 31 Dec 2023 |
Annual Reports
| 02 Apr 2024 | For period ending 31 Dec 2023 |
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.