REIT Stock Overview
Emirates REIT, (Nasdaq Dubai: REIT; ISIN: AEDFXA1XE5D7), is a Dubai-based real estate investment trust investing principally in income-producing real estate in line with Shari'a principles. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
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Emirates REIT (CEIC) PLC Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.51 |
| 52 Week High | US$0.55 |
| 52 Week Low | US$0.19 |
| Beta | -0.22 |
| 1 Month Change | 22.17% |
| 3 Month Change | n/a |
| 1 Year Change | 139.15% |
| 3 Year Change | 89.14% |
| 5 Year Change | -5.75% |
| Change since IPO | -60.87% |
Recent News & Updates
Recent updates
Shareholder Returns
| REIT | AE REITs | AE Market | |
|---|---|---|---|
| 7D | -3.4% | -0.1% | 1.0% |
| 1Y | 139.2% | -2.8% | 1.1% |
Return vs Industry: REIT exceeded the AE REITs industry which returned -2.8% over the past year.
Return vs Market: REIT exceeded the AE Market which returned 1.1% over the past year.
Price Volatility
| REIT volatility | |
|---|---|
| REIT Average Weekly Movement | 10.2% |
| REITs Industry Average Movement | 2.9% |
| Market Average Movement | 4.1% |
| 10% most volatile stocks in AE Market | 8.8% |
| 10% least volatile stocks in AE Market | 2.1% |
Stable Share Price: REIT's share price has been volatile over the past 3 months compared to the AE market.
Volatility Over Time: Insufficient data to determine REIT's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | n/a | Thierry Delvaux | www.reit.ae |
Emirates REIT, (Nasdaq Dubai: REIT; ISIN: AEDFXA1XE5D7), is a Dubai-based real estate investment trust investing principally in income-producing real estate in line with Shari'a principles. It currently owns a well-balanced portfolio of 10 assets in the commercial, education and retail sector. Emirates REIT benefits from exclusive Ruler's Decrees permitting it to purchase properties in onshore Dubai and Ras Al Khaimah.
Emirates REIT (CEIC) PLC Fundamentals Summary
| REIT fundamental statistics | |
|---|---|
| Market cap | US$164.41m |
| Earnings (TTM) | US$144.32m |
| Revenue (TTM) | US$78.82m |
1.1x
P/E Ratio2.1x
P/S RatioIs REIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| REIT income statement (TTM) | |
|---|---|
| Revenue | US$78.82m |
| Cost of Revenue | US$27.96m |
| Gross Profit | US$50.87m |
| Other Expenses | -US$93.46m |
| Earnings | US$144.32m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.45 |
| Gross Margin | 64.53% |
| Net Profit Margin | 183.10% |
| Debt/Equity Ratio | 78.5% |
How did REIT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 01:45 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Emirates REIT (CEIC) PLC is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Al Ramz Capital LLC |
| Mohamad Haidar | Arqaam Capital Research Offshore S.A.L. |
| null null | CI Capital Research |