778 Stock Overview
Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time).
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for 778 from our risk checks.
Fortune Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$3.54 |
| 52 Week High | HK$6.65 |
| 52 Week Low | HK$3.33 |
| Beta | 0.74 |
| 1 Month Change | -17.10% |
| 3 Month Change | -21.16% |
| 1 Year Change | -46.04% |
| 3 Year Change | -54.85% |
| 5 Year Change | -65.16% |
| Change since IPO | -7.81% |
Recent News & Updates
Shareholder Returns
| 778 | HK Retail REITs | HK Market | |
|---|---|---|---|
| 7D | 1.1% | -3.0% | -0.7% |
| 1Y | -46.0% | -20.0% | -13.4% |
Return vs Industry: 778 underperformed the Hong Kong Retail REITs industry which returned -20% over the past year.
Return vs Market: 778 underperformed the Hong Kong Market which returned -13.4% over the past year.
Price Volatility
| 778 volatility | |
|---|---|
| 778 Average Weekly Movement | 4.0% |
| Retail REITs Industry Average Movement | 2.7% |
| Market Average Movement | 7.5% |
| 10% most volatile stocks in HK Market | 14.9% |
| 10% least volatile stocks in HK Market | 3.8% |
Stable Share Price: 778's share price has been volatile over the past 3 months.
Volatility Over Time: 778's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | n/a | Justina Chiu | www.fortunereit.com |
Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time). It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. Fortune REIT currently holds a portfolio of 17 retail properties, with 16 private housing estate retail properties in Hong Kong and 1 neighborhood mall in Singapore, comprising approximately 3 million sq.
Fortune Real Estate Investment Trust Fundamentals Summary
| 778 fundamental statistics | |
|---|---|
| Market cap | HK$7.13b |
| Earnings (TTM) | -HK$154.92m |
| Revenue (TTM) | HK$1.79b |
4.0x
P/S Ratio-46.0x
P/E RatioIs 778 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 778 income statement (TTM) | |
|---|---|
| Revenue | HK$1.79b |
| Cost of Revenue | HK$585.29m |
| Gross Profit | HK$1.20b |
| Other Expenses | HK$1.36b |
| Earnings | -HK$154.92m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 30, 2024
| Earnings per share (EPS) | -0.077 |
| Gross Margin | 67.23% |
| Net Profit Margin | -8.67% |
| Debt/Equity Ratio | 34.4% |
How did 778 perform over the long term?
See historical performance and comparison