Al-'Aqar Healthcare REIT

KLSE:ALAQAR Stock Report

Market Cap: RM 1.2b

Al-'Aqar Healthcare REIT Valuation

Is ALAQAR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ALAQAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ALAQAR (MYR1.37) is trading below our estimate of fair value (MYR2.19)

Significantly Below Fair Value: ALAQAR is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ALAQAR?

Key metric: As ALAQAR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ALAQAR. This is calculated by dividing ALAQAR's market cap by their current earnings.
What is ALAQAR's PE Ratio?
PE Ratio18.9x
EarningsRM 60.87m
Market CapRM 1.15b

Price to Earnings Ratio vs Peers

How does ALAQAR's PE Ratio compare to its peers?

The above table shows the PE ratio for ALAQAR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.1x
SENTRAL Sentral REIT
11.8x3.2%RM 944.4m
AMEREIT AME Real Estate Investment Trust
14x-5.2%RM 726.4m
IGBCR IGB Commercial Real Estate Investment Trust
19x9.5%RM 1.3b
UOAREIT Uoa Real Estate Investment
15.7x8.9%RM 652.0m
ALAQAR Al-'Aqar Healthcare REIT
18.9x4.5%RM 1.2b

Price-To-Earnings vs Peers: ALAQAR is expensive based on its Price-To-Earnings Ratio (18.9x) compared to the peer average (15.1x).

Price to Earnings Ratio vs Industry

How does ALAQAR's PE Ratio compare vs other companies in the Global Health Care REITs Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ALAQAR 18.9xIndustry Avg. 26.5xNo. of Companies5PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ALAQAR is good value based on its Price-To-Earnings Ratio (18.9x) compared to the Global Health Care REITs industry average (26.5x).

Price to Earnings Ratio vs Fair Ratio

What is ALAQAR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ALAQAR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.9x
Fair PE Ratio14.1x

Price-To-Earnings vs Fair Ratio: ALAQAR is expensive based on its Price-To-Earnings Ratio (18.9x) compared to the estimated Fair Price-To-Earnings Ratio (14.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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