360 Capital REIT
Market Cap
AU$123.3m
Last Updated
2021/03/03 07:06 UTC
Data Sources
Company Financials
Executive Summary
360 Capital REIT invests across the entire real estate capital stack to take advantage of varying market conditions in order to maximize risk adjusted returns for unit holders. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and fair value.
Share Price & News
How has 360 Capital REIT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TOT is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: TOT's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
1.7%
TOT
1.2%
AU REITs
-1.6%
AU Market
1 Year Return
-12.7%
TOT
-11.9%
AU REITs
9.7%
AU Market
Return vs Industry: TOT matched the Australian REITs industry which returned -11.9% over the past year.
Return vs Market: TOT underperformed the Australian Market which returned 9.7% over the past year.
Shareholder returns
| TOT | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.7% | 1.2% | -1.6% |
| 30 Day | 1.7% | -0.2% | 2.1% |
| 90 Day | 2.9% | -5.3% | 3.7% |
| 1 Year | -4.7%-12.7% | -8.3%-11.9% | 13.3%9.7% |
| 3 Year | -1.7%-24.5% | 28.9%11.9% | 29.0%13.4% |
| 5 Year | 28.1%-18.6% | 45.5%13.5% | 62.6%31.4% |
Long-Term Price Volatility Vs. Market
How volatile is 360 Capital REIT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Insider Buying: The 360 Capital REIT (ASX:TOT) Non-Executive Director Just Bought 23% More Shares3 months ago | Simply Wall St
How Much Did 360 Capital REIT's (ASX:TOT) Shareholders Earn On Their Investment Over The Last Three Years?Valuation
Is 360 Capital REIT undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TOT (A$0.9) is trading below our estimate of fair value (A$16.79)
Significantly Below Fair Value: TOT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TOT is poor value based on its PE Ratio (21.1x) compared to the AU REITs industry average (16.7x).
PE vs Market: TOT is poor value based on its PE Ratio (21.1x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TOT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TOT is good value based on its PB Ratio (0.8x) compared to the AU REITs industry average (1x).
Next Steps
Future Growth
How is 360 Capital REIT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.4%
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 360 Capital REIT 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.
Next Steps
- Examine whether 360 Capital REIT is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- 360 Capital REIT competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has 360 Capital REIT performed over the past 5 years?
14.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TOT has a large one-off loss of A$3.8M impacting its December 31 2020 financial results.
Growing Profit Margin: TOT's current net profit margins (25.2%) are lower than last year (73.5%).
Past Earnings Growth Analysis
Earnings Trend: TOT's earnings have grown by 14.9% per year over the past 5 years.
Accelerating Growth: TOT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TOT had negative earnings growth (-35%) over the past year, making it difficult to compare to the REITs industry average (-1.2%).
Return on Equity
High ROE: TOT's Return on Equity (3.8%) is considered low.
Next Steps
Financial Health
How is 360 Capital REIT's financial position?
Financial Position Analysis
Short Term Liabilities: TOT's short term assets (A$130.2M) exceed its short term liabilities (A$2.6M).
Long Term Liabilities: TOT's short term assets (A$130.2M) exceed its long term liabilities (A$1.0M).
Debt to Equity History and Analysis
Debt Level: TOT is debt free.
Reducing Debt: TOT had no debt 5 years ago.
Debt Coverage: TOT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TOT has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is 360 Capital REIT current dividend yield, its reliability and sustainability?
6.70%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TOT's dividend (6.7%) is higher than the bottom 25% of dividend payers in the Australian market (2.11%).
High Dividend: TOT's dividend (6.7%) is in the top 25% of dividend payers in the Australian market (5.43%)
Stability and Growth of Payments
Stable Dividend: TOT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TOT has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (176.8%), TOT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Tony Pitt
no data
Tenure
Mr. Tony Robert Pitt has been a Group Managing Director and Executive Director of 360 Capital Group since October 2, 2013. He serves as Managing Director and Executive Director of 360 Capital REIT. Mr. Pit...
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TOT 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
360 Capital REIT's company bio, employee growth, exchange listings and data sources
Key Information
- Name: 360 Capital REIT
- Ticker: TOT
- Exchange: ASX
- Founded: NaN
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: AU$123.277m
- Shares outstanding: 137.74m
- Website: https://www.360capital.com.au/investment-strategies/real-assets/real-estate/360-capital-reit
Location
- 360 Capital REIT
- 56 Pitt Street
- Level 8
- Sydney
- New South Wales
- 2000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TOT | ASX (Australian Securities Exchange) | Yes | Stapled Securities | AU | AUD | Apr 2015 |
| TOT | CHIA (Chi-X Australia) | Yes | Stapled Securities | AU | AUD | Apr 2015 |
Biography
360 Capital REIT invests across the entire real estate capital stack to take advantage of varying market conditions in order to maximize risk adjusted returns for unit holders. It was formerly known as 360...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 07:06 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.