Loading...
IGBC

IGB Commercial Real Estate Investment TrustKLSE:IGBCR Stock Report

Market Cap RM 1.5b
Share Price
RM 0.60
My Fair Value
RM 0.68
10.4% undervalued intrinsic discount
1Y17.5%
7D1.7%
Portfolio Value
View

IGB Commercial Real Estate Investment Trust

KLSE:IGBCR Stock Report

Market Cap: RM 1.5b

IGB Commercial Real Estate Investment Trust (IGBCR) Stock Overview

IGB Commercial REIT (IGBCR) was listed on the Main Market of Bursa Malaysia Securities Berhad (Bursa) on 20 September 2021. More details

IGBCR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health2/6
Dividends4/6

IGBCR Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

IGB Commercial Real Estate Investment Trust Competitors

Price History & Performance

Summary of share price highs, lows and changes for IGB Commercial Real Estate Investment Trust
Historical stock prices
Current Share PriceRM 0.60
52 Week HighRM 0.62
52 Week LowRM 0.49
Beta0.17
1 Month Change1.68%
3 Month Change9.01%
1 Year Change17.48%
3 Year Change8.04%
5 Year Changen/a
Change since IPO-13.57%

Recent News & Updates

Recent updates

Shareholder Returns

IGBCRMY REITsMY Market
7D1.7%-0.3%0.6%
1Y17.5%10.4%-4.4%

Return vs Industry: IGBCR exceeded the MY REITs industry which returned 10.4% over the past year.

Return vs Market: IGBCR exceeded the MY Market which returned -4.4% over the past year.

Price Volatility

Is IGBCR's price volatile compared to industry and market?
IGBCR volatility
IGBCR Average Weekly Movement2.0%
REITs Industry Average Movement2.3%
Market Average Movement5.0%
10% most volatile stocks in MY Market10.3%
10% least volatile stocks in MY Market2.4%

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

Volatility Over Time: IGBCR's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021252Lai Sim Chaiwww.igbcomreit.com

IGB Commercial REIT (IGBCR) was listed on the Main Market of Bursa Malaysia Securities Berhad (Bursa) on 20 September 2021. It was established with the principal investment policy of investing, directly and indirectly, in a portfolio of income producing real estate used primarily for commercial purposes in Malaysia and overseas. IGBCR’s investment objective is to provide unitholders with regular and stable distributions, a sustainable long-term unit price, distributable income, and capital growth, while maintaining an appropriate capital structure.

IGB Commercial Real Estate Investment Trust Fundamentals Summary

How do IGB Commercial Real Estate Investment Trust's earnings and revenue compare to its market cap?
IGBCR fundamental statistics
Market capRM 1.46b
Earnings (TTM)RM 80.93m
Revenue (TTM)RM 244.64m
18.0x
P/E Ratio
6.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGBCR income statement (TTM)
RevenueRM 244.64m
Cost of RevenueRM 90.10m
Gross ProfitRM 154.54m
Other ExpensesRM 73.61m
EarningsRM 80.93m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.034
Gross Margin63.17%
Net Profit Margin33.08%
Debt/Equity Ratio39.2%

How did IGBCR perform over the long term?

See historical performance and comparison

Dividends

6.0%
Current Dividend Yield
54%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/20 17:06
End of Day Share Price 2025/09/19 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IGB Commercial Real Estate Investment Trust is covered by 2 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Je TanHong Leong Investment Bank Berhad
Yu TaiRHB Investment Bank