IGBREIT Stock Overview
Established on 25 July 2012, IGB REIT is a Malaysia-domiciled real estate investment trust. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
IGB Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM 2.15 |
| 52 Week High | RM 2.25 |
| 52 Week Low | RM 1.70 |
| Beta | 0.40 |
| 1 Month Change | 5.39% |
| 3 Month Change | 1.42% |
| 1 Year Change | 25.73% |
| 3 Year Change | 29.52% |
| 5 Year Change | 13.76% |
| Change since IPO | 54.68% |
Recent News & Updates
Recent updates
How Many IGB Real Estate Investment Trust (KLSE:IGBREIT) Shares Do Institutions Own?
Mar 03
Earnings Beat: Here's What IGB Real Estate Investment Trust (KLSE:IGBREIT) Analysts Are Forecasting For This Year
Jan 27
Do Fundamentals Have Any Role To Play In Driving IGB Real Estate Investment Trust's (KLSE:IGBREIT) Stock Up Recently?
Dec 30Did You Participate In Any Of IGB Real Estate Investment Trust's (KLSE:IGBREIT) Respectable 74% Return?
Nov 25Shareholder Returns
| IGBREIT | MY Retail REITs | MY Market | |
|---|---|---|---|
| 7D | 0.9% | 0.5% | 0.2% |
| 1Y | 25.7% | 20.6% | 10.6% |
Return vs Industry: IGBREIT exceeded the MY Retail REITs industry which returned 20.6% over the past year.
Return vs Market: IGBREIT exceeded the MY Market which returned 10.6% over the past year.
Price Volatility
| IGBREIT volatility | |
|---|---|
| IGBREIT Average Weekly Movement | 3.1% |
| Retail REITs Industry Average Movement | 2.8% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in MY Market | 10.5% |
| 10% least volatile stocks in MY Market | 2.5% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 356 | Elizabeth Tan | www.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
| IGBREIT fundamental statistics | |
|---|---|
| Market cap | RM 7.77b |
| Earnings (TTM) | RM 350.42m |
| Revenue (TTM) | RM 626.27m |
22.2x
P/E Ratio12.4x
P/S RatioIs IGBREIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IGBREIT income statement (TTM) | |
|---|---|
| Revenue | RM 626.27m |
| Cost of Revenue | RM 197.70m |
| Gross Profit | RM 428.57m |
| Other Expenses | RM 78.15m |
| Earnings | RM 350.42m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.097 |
| Gross Margin | 68.43% |
| Net Profit Margin | 55.95% |
| Debt/Equity Ratio | 29.9% |
How did IGBREIT perform over the long term?
See historical performance and comparisonDividends
4.9%
Current Dividend Yield83%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 23:05 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
IGB Real Estate Investment Trust is covered by 22 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Afifah Ishak | Affin Hwang Investment Bank |
| Ian Wan | Alliance Research Sdn. Bhd. |
| Poh Ong | AmInvestment Bank Berhad |