SGX:9A4UIndustrial REITs
ESR REIT (SGX:9A4U) Stock Profit Rebound Meets Rich Valuation Questions
ESR-REIT stock went into this earnings release on a strong run, with solid gains over the past week and month, yet the real story sits in the income statement. The headline is a sharp swing back into profit in H1 2026, with net income of S$25.7m and basic earnings per share of S$0.03187. For a highly valued industrial REIT trading on a very rich trailing P/E multiple versus sector averages, this jump in earnings is what the market has been paying up for. The question now is how durable that...