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IGB Real Estate Investment Trust KLSE:IGBREIT Stock Report

Last Price

RM 2.17

Market Cap

RM 7.8b

7D

0%

1Y

23.3%

Updated

04 Feb, 2025

Data

Company Financials +

IGB Real Estate Investment Trust

KLSE:IGBREIT Stock Report

Market Cap: RM 7.8b

My Notes

Capture your thoughts, links and company narrative

IGB Real Estate Investment Trust Competitors

Price History & Performance

Summary of share price highs, lows and changes for IGB Real Estate Investment Trust
Historical stock prices
Current Share PriceRM 2.17
52 Week HighRM 2.25
52 Week LowRM 1.71
Beta0.40
1 Month Change0.93%
3 Month Change0.93%
1 Year Change23.30%
3 Year Change44.67%
5 Year Change13.02%
Change since IPO56.12%

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
7D0%0.2%-0.3%
1Y23.3%16.9%3.8%

Return vs Industry: IGBREIT exceeded the MY Retail REITs industry which returned 16.9% over the past year.

Return vs Market: IGBREIT exceeded the MY Market which returned 3.8% over the past year.

Price Volatility

Is IGBREIT's price volatile compared to industry and market?
IGBREIT volatility
IGBREIT Average Weekly Movement2.5%
Retail REITs Industry Average Movement2.4%
Market Average Movement4.9%
10% most volatile stocks in MY Market10.2%
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 (2%) 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 7.81b
Earnings (TTM)RM 579.76m
Revenue (TTM)RM 626.10m

13.5x

P/E Ratio

12.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGBREIT income statement (TTM)
RevenueRM 626.10m
Cost of RevenueRM 210.40m
Gross ProfitRM 415.70m
Other Expenses-RM 164.06m
EarningsRM 579.76m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin66.40%
Net Profit Margin92.60%
Debt/Equity Ratio28.5%

How did IGBREIT perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

85%

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 DateFeb 07 2025
Dividend Pay DateFeb 28 2025
Days until Ex dividend2 days
Days until Dividend pay date23 days

Does IGBREIT pay a reliable dividends?

See IGBREIT dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/04 10:41
End of Day Share Price 2025/02/04 00:00
Earnings2024/12/31
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 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 21 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.

AnalystInstitution
Afifah IshakAffin Hwang Investment Bank
Ian WanAlliance Research Sdn. Bhd.
Poh OngAmInvestment Bank Berhad