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APW

Aims Property Securities FundASX:APW Stock Report

Last Price

AU$1.21

Market Cap

AU$53.9m

7D

-0.8%

1Y

-7.6%

Updated

17 Jan, 2022

Data

Company Financials
APW fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

APW Stock Overview

Aims Property Securities Fund is a close-ended fund of funds launched by MacArthurCook Ltd.

Price History & Performance

Summary of all time highs, changes and price drops for Aims Property Securities Fund
Historical stock prices
Current Share PriceAU$1.21
52 Week HighAU$1.33
52 Week LowAU$1.07
Beta0.41
1 Month Change-0.41%
3 Month Change-6.92%
1 Year Change-7.63%
3 Year Change-25.08%
5 Year Change-22.93%
Change since IPO-88.02%

Recent News & Updates

Dec 31
Have Insiders Been Buying Aims Property Securities Fund (ASX:APW) Shares?

Have Insiders Been Buying Aims Property Securities Fund (ASX:APW) Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...

Shareholder Returns

APWAU REITsAU Market
7D-0.8%-3.8%-0.5%
1Y-7.6%19.5%10.4%

Return vs Industry: APW underperformed the Australian REITs industry which returned 19.5% over the past year.

Return vs Market: APW underperformed the Australian Market which returned 10.4% over the past year.

Price Volatility

Is APW's price volatile compared to industry and market?
APW volatility
APW Average Weekly Movementn/a
REITs Industry Average Movement3.2%
Market Average Movement8.4%
10% most volatile stocks in AU Market15.2%
10% least volatile stocks in AU Market3.6%

Stable Share Price: Insufficient data to determine APW's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine APW's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aRussell Nghttps://www.aimsfunds.com.au

Aims Property Securities Fund is a close-ended fund of funds launched by MacArthurCook Ltd. The fund is managed by MacarthurCook Fund Management Limited. It invests in the funds investing in the real estate sector including unlisted property trusts/syndicates, wholesale property funds, listed property trust, listed property-related companies, and cash and fixed interest securities.

Aims Property Securities Fund Fundamentals Summary

How do Aims Property Securities Fund's earnings and revenue compare to its market cap?
APW fundamental statistics
Market CapAU$53.87m
Earnings (TTM)AU$12.77m
Revenue (TTM)AU$14.04m

4.2x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
APW income statement (TTM)
RevenueAU$14.04m
Cost of RevenueAU$0
Gross ProfitAU$14.04m
ExpensesAU$1.27m
EarningsAU$12.77m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.29
Gross Margin100.00%
Net Profit Margin90.98%
Debt/Equity Ratio0.0%

How did APW perform over the long term?

See historical performance and comparison

Valuation

Is Aims Property Securities Fund undervalued compared to its fair value and its price relative to the market?

4.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: APW (A$1.21) is trading above our estimate of fair value (A$0.11)

Significantly Below Fair Value: APW is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: APW is good value based on its PE Ratio (4.2x) compared to the Australian REITs industry average (9.8x).

PE vs Market: APW is good value based on its PE Ratio (4.2x) compared to the Australian market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate APW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: APW is good value based on its PB Ratio (0.4x) compared to the AU REITs industry average (1.2x).


Future Growth

How is Aims Property Securities Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.08%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Aims Property Securities Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Aims Property Securities Fund performed over the past 5 years?

-3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: APW has high quality earnings.

Growing Profit Margin: APW became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: APW's earnings have declined by 3% per year over the past 5 years.

Accelerating Growth: APW has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: APW has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (106.4%).


Return on Equity

High ROE: APW's Return on Equity (10.5%) is considered low.


Financial Health

How is Aims Property Securities Fund's financial position?


Financial Position Analysis

Short Term Liabilities: APW's short term assets (A$2.5M) exceed its short term liabilities (A$145.0K).

Long Term Liabilities: APW has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: APW is debt free.

Reducing Debt: APW has not had any debt for past 5 years.

Debt Coverage: APW has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: APW has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Aims Property Securities Fund current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate APW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate APW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if APW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if APW's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: APW is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of APW's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Russell Ng (40 yo)

0.083

Tenure

Mr. Keh Yang Ng also known as Russell, serves as Chief Executive Officer of AIMS APAC REIT since November 2021 and served as its Head of Investor Relations, Investments & Partnerships at AIMS APAC REIT Man...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Aims Property Securities Fund's employee growth, exchange listings and data sources


Key Information

  • Name: Aims Property Securities Fund
  • Ticker: APW
  • Exchange: ASX
  • Founded: NaN
  • Industry: Diversified REITs
  • Sector: Real Estate
  • Implied Market Cap: AU$53.868m
  • Shares outstanding: 44.52m
  • Website: https://www.aimsfunds.com.au

Location

  • Aims Property Securities Fund
  • 259 George Street
  • Level 41
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 16:26
End of Day Share Price2022/01/17 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.