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IGB Real Estate Investment Trust KLSE:IGBREIT Stock Report

Last Price

RM 2.04

Market Cap

RM 7.4b

7D

-1.9%

1Y

18.6%

Updated

23 Nov, 2024

Data

Company Financials +

IGB Real Estate Investment Trust

KLSE:IGBREIT Stock Report

Market Cap: RM 7.4b

IGBREIT Stock Overview

Established on 25 July 2012, IGB REIT is a Malaysia-domiciled real estate investment trust. More details

IGBREIT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends5/6

IGB Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for IGB Real Estate Investment Trust
Historical stock prices
Current Share PriceRM 2.04
52 Week HighRM 2.25
52 Week LowRM 1.70
Beta0.38
11 Month Change-6.85%
3 Month Change2.51%
1 Year Change18.60%
33 Year Change24.39%
5 Year Change6.25%
Change since IPO46.76%

Recent News & Updates

Recent updates

How Many IGB Real Estate Investment Trust (KLSE:IGBREIT) Shares Do Institutions Own?

Mar 03
How Many IGB Real Estate Investment Trust (KLSE:IGBREIT) Shares Do Institutions Own?

Earnings Beat: Here's What IGB Real Estate Investment Trust (KLSE:IGBREIT) Analysts Are Forecasting For This Year

Jan 27
Earnings Beat: Here's What IGB Real Estate Investment Trust (KLSE:IGBREIT) Analysts Are Forecasting For This Year

Do Fundamentals Have Any Role To Play In Driving IGB Real Estate Investment Trust's (KLSE:IGBREIT) Stock Up Recently?

Dec 30
Do Fundamentals Have Any Role To Play In Driving IGB Real Estate Investment Trust's (KLSE:IGBREIT) Stock Up Recently?

Did You Participate In Any Of IGB Real Estate Investment Trust's (KLSE:IGBREIT) Respectable 74% Return?

Nov 25
Did You Participate In Any Of IGB Real Estate Investment Trust's (KLSE:IGBREIT) Respectable 74% Return?

Shareholder Returns

IGBREITMY Retail REITsMY Market
7D-1.9%-0.9%0.09%
1Y18.6%18.2%9.5%

Return vs Industry: IGBREIT matched the MY Retail REITs industry which returned 18.2% over the past year.

Return vs Market: IGBREIT exceeded the MY Market which returned 9.5% over the past year.

Price Volatility

Is IGBREIT's price volatile compared to industry and market?
IGBREIT volatility
IGBREIT Average Weekly Movement3.1%
Retail REITs Industry Average Movement2.9%
Market Average Movement5.1%
10% most volatile stocks in MY Market10.4%
10% least volatile stocks in MY Market2.5%

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

Volatility Over Time: IGBREIT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012356Elizabeth Tanwww.igbreit.com/

Established on 25 July 2012, IGB REIT is a Malaysia-domiciled real estate investment trust. Listed on the Main Market of Bursa Malaysia Securities Berhad (Bursa) on 21 September 2012, it owns income producing real estate that is used for retail purposes in Malaysia and overseas. Comprising two malls – Mid Valley Megamall (MVM) and The Gardens Mall (TGM) – located in the Klang Valley, IGB REIT’s portfolio has a total net lettable area (NLA) of approximately 2.69 million square feet (sf), and as at 31 December 2023, had a market capitalisation of RM6.19 billion.

IGB Real Estate Investment Trust Fundamentals Summary

How do IGB Real Estate Investment Trust's earnings and revenue compare to its market cap?
IGBREIT fundamental statistics
Market capRM 7.37b
Earnings (TTM)RM 350.42m
Revenue (TTM)RM 626.27m

21.0x

P/E Ratio

11.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGBREIT income statement (TTM)
RevenueRM 626.27m
Cost of RevenueRM 197.70m
Gross ProfitRM 428.57m
Other ExpensesRM 78.15m
EarningsRM 350.42m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.097
Gross Margin68.43%
Net Profit Margin55.95%
Debt/Equity Ratio29.9%

How did IGBREIT perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

83%

Payout Ratio

Does IGBREIT pay a reliable dividends?

See IGBREIT dividend history and benchmarks
When do you need to buy IGBREIT by to receive an upcoming dividend?
IGB Real Estate Investment Trust dividend dates
Ex Dividend DateNov 11 2024
Dividend Pay DateNov 28 2024
Days until Ex dividend13 days
Days until Dividend pay date4 days

Does IGBREIT pay a reliable dividends?

See IGBREIT dividend history and benchmarks