Axis Real Estate Investment Trust Future Growth

Future criteria checks 1/6

Axis Real Estate Investment Trust's earnings are forecast to decline at 4.7% per annum while its annual revenue is expected to grow at 6.8% per year. EPS is expected to decline by 4.5% per annum. Return on equity is forecast to be 6.6% in 3 years.

Key information

-4.7%

Earnings growth rate

-4.5%

EPS growth rate

REITs earnings growth	-0.2%
Revenue growth rate	6.8%
Future return on equity	6.6%
Analyst coverage	Good
Last updated	25 Apr 2024

Recent future growth updates

No updates

Recent updates

Do Insiders Own Lots Of Shares In Axis Real Estate Investment Trust (KLSE:AXREIT)?

Mar 18

Shareholders Of Axis Real Estate Investment Trust (KLSE:AXREIT) Must Be Happy With Their 62% Return

Feb 11

Does Axis Real Estate Investment Trust (KLSE:AXREIT) Deserve A Spot On Your Watchlist?

Jan 07

Are Axis Real Estate Investment Trust's (KLSE:AXREIT) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Dec 12

Earnings and Revenue Growth Forecasts

KLSE:AXREIT - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	352	192	244	276	8
12/31/2025	339	185	216	271	9
12/31/2024	308	164	99	219	9
3/31/2024	295	230	213	213	N/A
12/31/2023	287	218	199	199	N/A
9/30/2023	286	167	239	239	N/A
6/30/2023	286	169	241	241	N/A
3/31/2023	290	181	238	238	N/A
12/31/2022	287	190	228	228	N/A
9/30/2022	284	230	215	215	N/A
6/30/2022	269	224	224	225	N/A
3/31/2022	257	208	190	190	N/A
12/31/2021	249	200	191	191	N/A
9/30/2021	247	150	269	269	N/A
6/30/2021	243	145	158	158	N/A
3/31/2021	237	145	164	164	N/A
12/31/2020	232	142	168	168	N/A
9/30/2020	228	220	80	80	N/A
6/30/2020	224	214	155	156	N/A
3/31/2020	223	212	145	146	N/A
12/31/2019	223	209	140	141	N/A
9/30/2019	227	149	128	129	N/A
6/30/2019	226	152	156	157	N/A
3/31/2019	219	150	175	177	N/A
12/31/2018	211	155	163	164	N/A
9/30/2018	192	132	208	176	N/A
6/30/2018	182	135	160	160	N/A
3/31/2018	176	131	144	144	N/A
12/31/2017	174	123	N/A	150	N/A
9/30/2017	169	103	N/A	152	N/A
6/30/2017	169	107	N/A	140	N/A
3/31/2017	169	120	N/A	139	N/A
12/31/2016	167	122	N/A	187	N/A
9/30/2016	164	115	N/A	114	N/A
6/30/2016	165	103	N/A	123	N/A
3/31/2016	165	98	N/A	116	N/A
12/31/2015	164	97	N/A	53	N/A
9/30/2015	159	106	N/A	145	N/A
6/30/2015	150	121	N/A	113	N/A
3/31/2015	144	111	N/A	100	N/A
12/31/2014	139	110	N/A	106	N/A
9/30/2014	140	114	N/A	69	N/A
6/30/2014	143	110	N/A	98	N/A
3/31/2014	143	113	N/A	109	N/A
12/31/2013	142	111	N/A	137	N/A
9/30/2013	144	125	N/A	216	N/A
6/30/2013	140	108	N/A	138	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AXREIT's earnings are forecast to decline over the next 3 years (-4.7% per year).

Earnings vs Market: AXREIT's earnings are forecast to decline over the next 3 years (-4.7% per year).

High Growth Earnings: AXREIT's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AXREIT's revenue (6.8% per year) is forecast to grow faster than the MY market (5.9% per year).

High Growth Revenue: AXREIT's revenue (6.8% 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 (6.6%).

Axis Real Estate Investment Trust Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

First quarter dividend increased to RM0.023

First quarter 2024 earnings released

Axis Real Estate Investment Trust to Report Q1, 2024 Results on Apr 23, 2024

Axis Real Estate Investment Trust, Annual General Meeting, Apr 25, 2024

Upcoming dividend of RM0.024 per share at 4.9% yield

Full year 2023 earnings released: EPS: RM0.13 (vs RM0.12 in FY 2022)

Upcoming dividend of RM0.016 per share at 5.4% yield

Third quarter 2023 earnings released: EPS: RM0.024 (vs RM0.027 in 3Q 2022)

Axis Real Estate Investment Trust Proposes Third Interim Income Distribution in Respect of the Period from 1 July 2023 to 30 September 2023

Axis Real Estate Investment Trust (KLSE:AXREIT) entered into a sale and purchase agreement to acquire Property Located Within Kawasan Perindustrian Sendayan Techvalley, Seremban from Matrix IBS Sdn Bhd and BSS Development Sdn. Bhd. for MYR 48 million.

Axis Real Estate Investment Trust to Report Q3, 2023 Results on Oct 27, 2023

Upcoming dividend of RM0.021 per share at 5.4% yield

Second quarter 2023 earnings released

Axis Real Estate Investment Trust Announces the Appointment of Tew Peng Hwee @ Teoh Peng Hwee as a Non-Independent and Non-Executive Member of the Nomination Committee

Upcoming dividend of RM0.021 per share at 5.1% yield

First quarter 2023 earnings released

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Full year 2022 earnings released: EPS: RM0.12 (vs RM0.14 in FY 2021)

Axis Real Estate Investment Trust to Report Q4, 2022 Results on Jan 19, 2023

Axis Real Estate Investment Trust has completed a Follow-on Equity Offering in the amount of MYR 175 million.

Axis Real Estate Investment Trust has completed a Follow-on Equity Offering in the amount of MYR 175 million.

Axis Real Estate Investment Trust has completed a Follow-on Equity Offering in the amount of MYR 175 million.

Upcoming dividend of RM0.021 per share

Upcoming dividend of RM0.025 per share

Third quarter 2022 earnings released: EPS: RM0.027 (vs RM0.026 in 3Q 2021)

Axis Real Estate Investment Trust to Report Q3, 2022 Results on Oct 19, 2022

Upcoming dividend of RM0.025 per share

Second quarter 2022 earnings released: EPS: RM0.029 (vs RM0.022 in 2Q 2021)

Axis Real Estate Investment Trust to Report Q2, 2022 Results on Jul 20, 2022

Axis Real Estate Investment Trust Announces Appointment of Madam Lim Keng Hwee as Independent and Non Executive Director

Upcoming dividend of RM0.024 per share

First quarter 2022 earnings: Revenues miss analyst expectations

Axis Real Estate Investment Trust Proposes First Interim Income Distribution in Respect of the Period from 1 January 2022 to 31 March 2022, Payable on 15 June 2022

Axis Real Estate Investment Trust to Report Q1, 2022 Results on Apr 20, 2022

Axis Real Estate Investment Trust (KLSE:AXREIT) completed the acquisition of An Industrial Facility located within Kawasan Perindustrian i-Park from AXIS AME IP Sdn Bhd.

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of RM0.02 per share

Upcoming dividend of RM0.025 per share

Third quarter 2021 earnings released: EPS RM0.026 (vs RM0.022 in 3Q 2020)

Upcoming dividend of RM0.024 per share

Second quarter 2021 earnings released: EPS RM0.022 (vs RM0.022 in 2Q 2020)

Upcoming dividend of RM0.022 per share

First quarter 2021 earnings released: EPS RM0.022 (vs RM0.02 in 1Q 2020)

Do Insiders Own Lots Of Shares In Axis Real Estate Investment Trust (KLSE:AXREIT)?

Axis Real Estate Investment Trust (KLSE:AXREIT) completed the acquisition of 92 (Plot 132), Jalan i-Park 1/10 in Kawasan Perindustrian i-Park from AXIS AME IP Sdn Bhd.

Earnings beat expectations, revenue disappoints

Full year 2020 earnings released: EPS RM0.099 (vs RM0.17 in FY 2019)

New 90-day low: RM1.83

Shareholders Of Axis Real Estate Investment Trust (KLSE:AXREIT) Must Be Happy With Their 62% Return

New 90-day low: RM1.92

Earnings beat expectations, revenue disappoints

Axis Real Estate Investment Trust (KLSE:AXREIT) accepted letter of intent to acquire Manufacturing Facility located in Kawasan Perindustrian Bukit Raja Selatan, Shah Alam, Selangor for MYR 120 million.

Full year 2020 earnings released: EPS RM0.099

Earnings beat expectations, revenue disappoints

New 90-day low: RM1.98

Axis Real Estate Investment Trust to Report Q4, 2020 Results on Jan 20, 2021

Axis Real Estate Investment Trust (KLSE:AXREIT) completed the acquisition of freehold land with all buildings on Plot 112 in Kulai, Johor, Malaysia from AXIS AME IP Sdn Bhd.

Does Axis Real Estate Investment Trust (KLSE:AXREIT) Deserve A Spot On Your Watchlist?

Are Axis Real Estate Investment Trust's (KLSE:AXREIT) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

New 90-day low: RM2.02

Axis Real Estate Investment Trust (KLSE:AXREIT) agreed to acquire freehold land with all buildings on Plot 111 in Kulai, Johor, Malaysia from AXIS AME IP Sdn Bhd for MYR 6.7 million

Axis Real Estate Investment Trust (KLSE:AXREIT) completed the acquisition of Two single-storey warehouse, one with double-storey office and other ancillary building from Axis Development Sdn Bhd.

Third quarter earnings released

Axis Real Estate Investment Trust to Report Q3, 2020 Results on Oct 21, 2020

Axis REIT Managers Bhd. to Report Q1, 2010 Results on 04/20/2010

New 90-day high: RM2.25

Upcoming Dividend of RM0.021 Per Share

Axis Real Estate Investment Trust (KLSE:AXREIT) accepted a letter of offer to acquire Manufacturing Facility 1, iPark at Indahpura for MYR 13 million.

First half earnings released

New 90-day high - RM2.12

Axis Real Estate Investment Trust (KLSE:AXREIT) entered into a sale and purchase agreement to acquire Two single-storey warehouse, one with double-storey office and other ancillary building from Axis Development Sdn Bhd for MYR 95 million.

Axis Real Estate Investment Trust to Report Q2, 2020 Results on Aug 26, 2020

Axis Real Estate Investment Trust (KLSE:AXREIT) completed the acquisition of property in Johor from Rancak Beta Sdn Bhd.

Earnings and Revenue Growth Forecasts