UZ0 Stock Overview

ESR-LOGOS REIT is a leading New Economy and future-ready Asia Pacific S-REIT. More details

UZ0 fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	3/6
Past Performance	0/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 33.8% below our estimate of its fair value

Earnings are forecast to grow 48.24% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 31.8%

Risk Analysis

Unstable dividend track record

Shareholders have been diluted in the past year

ESR-REIT Competitors

alstria office REIT-AG

XTRA:AOX

€1.3b

Hamborner REIT

XTRA:HABA

€518.2m

Montea Comm. VA

ENXTBR:MONT

€1.5b

Fibra MtyP.I. de

BMV:FMTY 14

Mex$26.8b

Price History & Performance

Summary of share price highs, lows and changes for ESR-REIT
Historical stock prices
Current Share Price	S$0.16
52 Week High	S$0.21
52 Week Low	S$0.14
Beta	1.07
1 Month Change	-4.22%
3 Month Change	-8.62%
1 Year Change	-18.88%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-38.13%

Recent updates

Shareholder Returns

	UZ0	DE Industrial REITs	DE Market
7D	-2.5%	0%	0%
1Y	-18.9%	0%	0%

Return vs Industry: UZ0 exceeded the German Industrial REITs industry which returned -20.5% over the past year.

Return vs Market: UZ0 underperformed the German Market which returned 9.1% over the past year.

Price Volatility

Is UZ0's price volatile compared to industry and market?
UZ0 volatility
UZ0 Average Weekly Movement	4.5%
Industrial REITs Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in DE Market	0%
10% least volatile stocks in DE Market	0%

Stable Share Price: UZ0 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: UZ0's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	n/a	Adrian Chui	www.esr-logosreit.com.sg

ESR-LOGOS REIT is a leading New Economy and future-ready Asia Pacific S-REIT. Listed on the Singapore Exchange Securities Trading Limited since 25 July 2006, ESR-LOGOS REIT invests in quality income-producing industrial properties in key gateway markets. As at 31 December 2023, ESR-LOGOS REIT holds interests in a diversified portfolio of logistics properties, high-specifications industrial properties, business parks and general industrial properties with total assets of approximately S$5.1 billion.

ESR-REIT Fundamentals Summary

How do ESR-REIT's earnings and revenue compare to its market cap?
UZ0 fundamental statistics
Market cap	€1.45b
Earnings (TTM)	-€54.73m
Revenue (TTM)	€264.30m

5.5x

P/S Ratio

-26.4x

P/E Ratio

Is UZ0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UZ0 income statement (TTM)
Revenue	S$374.31m
Cost of Revenue	S$131.08m
Gross Profit	S$243.23m
Other Expenses	S$320.74m
Earnings	-S$77.51m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0097
Gross Margin	64.98%
Net Profit Margin	-20.71%
Debt/Equity Ratio	58.3%

How did UZ0 perform over the long term?

See historical performance and comparison

Dividends

10.1%

Current Dividend Yield

83%

Payout Ratio

Does UZ0 pay a reliable dividends?

See UZ0 dividend history and benchmarks

When do you need to buy UZ0 by to receive an upcoming dividend?
ESR-REIT dividend dates
Ex Dividend Date	Nov 07 2024
Dividend Pay Date	Jan 08 2025
Days until Ex dividend	39 days
Days until Dividend pay date	23 days

Does UZ0 pay a reliable dividends?

See UZ0 dividend history and benchmarks

UZ0 Stock Overview

Rewards

Risk Analysis

ESR-REIT Competitors

XTRA:AOX

€1.3b

XTRA:HABA

€518.2m

ENXTBR:MONT

€1.5b

BMV:FMTY 14

Mex$26.8b

Price History & Performance

Recent News & Updates

New minor risk - Shareholder dilution

Now 22% undervalued

An undisclosed buyer acquired 81 Tuas Bay Drive, Singapore from ESR-LOGOS REIT (SGX:J91U) for SGD 35 million.

ESR-LOGOS REIT Estimates Distribution, Payable on or Around 8 January 2025

ESR-LOGOS REIT Announces Executive Changes

First half 2024 earnings released: S$0.003 loss per share (vs S$0.004 loss in 1H 2023)

Recent updates

New minor risk - Shareholder dilution

Now 22% undervalued

An undisclosed buyer acquired 81 Tuas Bay Drive, Singapore from ESR-LOGOS REIT (SGX:J91U) for SGD 35 million.

ESR-LOGOS REIT Estimates Distribution, Payable on or Around 8 January 2025

ESR-LOGOS REIT Announces Executive Changes

First half 2024 earnings released: S$0.003 loss per share (vs S$0.004 loss in 1H 2023)

First half dividend of S$0.011 announced

ESR-LOGOS REIT Announces Distribution for the Period from 1 January 2024 to 30 June 2024, Payable on or Around 17 September 2024

Full year 2023 earnings released: S$0.011 loss per share (vs S$0.05 loss in FY 2022)

ESR-LOGOS REIT to Report Q3, 2024 Results on Oct 30, 2024

Dividend of S$0.012 announced

Full year 2023 earnings released: S$0.011 loss per share (vs S$0.05 loss in FY 2022)

ESR-LOGOS REIT Announces Cash Dividend for the Period from 1 July 2023 to 31 December 2023, Payable on or Around 27 March 2024

ESR-LOGOS REIT to Report Second Half, 2023 Results on Feb 01, 2024

New minor risk - Share price stability

ESR-LOGOS REIT Announces Changes to Board of Directors

Now 20% undervalued after recent price drop

ESR-Logos Reit Announces Appointment of Stuart Gibson as Non-Executive Director

Now 21% undervalued after recent price drop

First half 2023 earnings released: S$0.004 loss per share (vs S$0.07 loss in 1H 2022)

ESR-Logos REIT Announces Distribution for the Period from 27 February 2023 to 30 June 2023, Payable on or Around 27 September 2023

New major risk - Financial position

New major risk - Share price stability

An unknown buyer agreed to acquire Portfolio of Seven Non-Core Assets in Singapore and Australia from Portfolio of Seven Non-Core Assets in Singapore and Australia for SGD 340 million.

High number of new directors

Full year 2022 earnings released: S$0.05 loss per share (vs S$0.025 profit in FY 2021)

ESR-Logos REIT has completed a Follow-on Equity Offering in the amount of SGD 149.99985 million.

ESR-Logos REIT Announces Distribution, Payable on or Around 14 April 2023

Now 20% undervalued

ESR-Logos REIT to Report Second Half, 2022 Results on Jan 30, 2023

An unknown buyer agreed to acquire 70 SELETAR AEROSPACE VIEW from ESR-Logos REIT for SGD 7.1 million.

RBC Investor Services Trust Singapore Limited completed the acquisition of 2 Jalan Kilang Barat property in Singapore from ESR-LOGOS Funds Management (S) Limited managed by ESR-Logos REIT (SGX:J91U).

Esr-Logos Reit Announces Appointment of Julie Lo Lai Wan as Independent Non-Executive Director

ESR-LOGOS REIT Announces 53 Peregrine Drive Obtained Practical Completion

ESR-Logos REIT to Report Q3, 2022 Results on Oct 26, 2022

RBC Investor Services Trust Singapore Limited agreed to acquire 2 Jalan Kilang Barat property in Singapore from ESR-LOGOS Funds Management (S) Limited managed by ESR-Logos REIT (SGX:J91U) for SGD 35.3 million.

ESR-Logos REIT Announces Resignation of Lawrence Chan Wee Kiat as Chief Financial Officer

ESR-Logos REIT Announces Cessation of Tong Jinquan as Non-Executive Director

First half 2022 earnings released: S$0.07 loss per share (vs S$0.016 profit in 1H 2021)

ESR-Logos REIT Announces Distribution for the Period from 22 April 2022 to 30 June 2022, Payable on or Around 27 September 2022

ESR-Logos REIT to Report First Half, 2022 Results on Jul 27, 2022

ESR-Logos REIT Appoints Trent Alexander Iliffe as Non-Executive Director

ESR-Logos REIT Appoints Karen Lee Kiah Ling as Deputy Chief Executive Officer

ESR-REIT Announces Clean-Up Distribution, Payable on or Around 23 June 2022

ESR-REIT Announces Clean-Up Distribution for the Period from 1 January 2022 to 21 April 2022, Payable on or Around 23 June 2022

Less than half of directors are independent

ESR-REIT to Report Q1, 2022 Results on Apr 27, 2022

Full year 2021 earnings released: EPS: S$0.025 (vs S$0.001 in FY 2020)

ESR-REIT, Annual General Meeting, Apr 29, 2022

ESR-REIT Announces Redevelopment of Build-to-Suit High-Specifications Facility at 21B Senoko Loop