Axis Real Estate Investment Trust (“Axis-REIT”), Malaysia’s first real estate investment trust, was listed on Bursa Securities on 3 August 2005. More Details
Average dividend payer and slightly overvalued.
Share Price & News
How has Axis Real Estate Investment Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXREIT is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AXREIT's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AXREIT exceeded the MY REITs industry which returned -9.7% over the past year.
Return vs Market: AXREIT underperformed the MY Market which returned -0.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Axis Real Estate Investment Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StShareholders Of Axis Real Estate Investment Trust (KLSE:AXREIT) Must Be Happy With Their 48% Return
2 months ago | Simply Wall StAxis Real Estate Investment Trust's (KLSE:AXREIT) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
4 months ago | Simply Wall StDo Insiders Own Lots Of Shares In Axis Real Estate Investment Trust (KLSE:AXREIT)?
Is Axis Real Estate Investment Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AXREIT (MYR1.93) is trading below our estimate of fair value (MYR2.18)
Significantly Below Fair Value: AXREIT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AXREIT is good value based on its PE Ratio (19.2x) compared to the MY REITs industry average (25.5x).
PE vs Market: AXREIT is poor value based on its PE Ratio (19.2x) compared to the MY market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: AXREIT is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: AXREIT is overvalued based on its PB Ratio (1.3x) compared to the MY REITs industry average (0.8x).
How is Axis Real Estate Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AXREIT's forecast earnings growth (5.7% per year) is above the savings rate (3.6%).
Earnings vs Market: AXREIT's earnings (5.7% per year) are forecast to grow slower than the MY market (10.9% per year).
High Growth Earnings: AXREIT's earnings are forecast to grow, but not significantly.
Revenue vs Market: AXREIT's revenue (5.6% per year) is forecast to grow slower than the MY market (6.2% per year).
High Growth Revenue: AXREIT's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AXREIT's Return on Equity is forecast to be low in 3 years time (7.4%).
How has Axis Real Estate Investment Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXREIT has high quality earnings.
Growing Profit Margin: AXREIT's current net profit margins (59.7%) are lower than last year (95.4%).
Past Earnings Growth Analysis
Earnings Trend: AXREIT's earnings have grown by 11.3% per year over the past 5 years.
Accelerating Growth: AXREIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AXREIT had negative earnings growth (-32.2%) over the past year, making it difficult to compare to the REITs industry average (-40.5%).
Return on Equity
High ROE: AXREIT's Return on Equity (6.8%) is considered low.
How is Axis Real Estate Investment Trust's financial position?
Financial Position Analysis
Short Term Liabilities: AXREIT's short term assets (MYR77.1M) do not cover its short term liabilities (MYR805.6M).
Long Term Liabilities: AXREIT's short term assets (MYR77.1M) do not cover its long term liabilities (MYR589.4M).
Debt to Equity History and Analysis
Debt Level: AXREIT's debt to equity ratio (60.1%) is considered high.
Reducing Debt: AXREIT's debt to equity ratio has increased from 54% to 60.1% over the past 5 years.
Debt Coverage: AXREIT's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: AXREIT's interest payments on its debt are well covered by EBIT (4.1x coverage).
What is Axis Real Estate Investment Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: AXREIT's dividend (4.53%) is higher than the bottom 25% of dividend payers in the MY market (1.49%).
High Dividend: AXREIT's dividend (4.53%) is in the top 25% of dividend payers in the MY market (4.19%)
Stability and Growth of Payments
Stable Dividend: AXREIT's dividends per share have been stable in the past 10 years.
Growing Dividend: AXREIT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (100.1%), AXREIT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AXREIT's dividends in 3 years are not forecast to be well covered by earnings (101.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kit May Leong (44 yo)
Ms. Kit May Leong has been the Chief Executive Officer of Axis Real Estate Investment Trust at Axis REIT Managers Berhad since January 1, 2016 and its Executive Director since November 15, 2011. Ms. Leong...
Experienced Management: AXREIT's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: AXREIT's board of directors are seasoned and experienced ( 11.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Axis Real Estate Investment Trust's company bio, employee growth, exchange listings and data sources
- Name: Axis Real Estate Investment Trust
- Ticker: AXREIT
- Exchange: KLSE
- Founded: 2005
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: RM2.792b
- Shares outstanding: 1.45b
- Website: https://www.axis-reit.com.my
- Axis Real Estate Investment Trust
- Penthouse Menara Axis
- No. 2, Jalan 51A/223
- Petaling Jaya
Axis Real Estate Investment Trust (“Axis-REIT”), Malaysia’s first real estate investment trust, was listed on Bursa Securities on 3 August 2005. Having been reclassified as an Islamic REIT on 11 December 2...
Company Analysis and Financial Data Status
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|Company Analysis||2021/07/28 17:31|
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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.