IGBREIT Stock Overview
Established on 25 July 2012, IGB REIT is a Malaysia-domiciled real estate investment trust.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
IGB Real Estate Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM1.82 |
| 52 Week High | RM1.85 |
| 52 Week Low | RM1.57 |
| Beta | 0.29 |
| 1 Month Change | 4.60% |
| 3 Month Change | 5.20% |
| 1 Year Change | 5.81% |
| 3 Year Change | 4.00% |
| 5 Year Change | -2.67% |
| Change since IPO | 30.94% |
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 | 1.7% | 2.4% | 1.8% |
| 1Y | 5.8% | 2.2% | 12.1% |
Return vs Industry: IGBREIT exceeded the MY Retail REITs industry which returned 2.2% over the past year.
Return vs Market: IGBREIT underperformed the MY Market which returned 12.1% over the past year.
Price Volatility
| IGBREIT volatility | |
|---|---|
| IGBREIT Average Weekly Movement | 1.9% |
| Retail REITs Industry Average Movement | 2.1% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in MY Market | 10.9% |
| 10% least volatile stocks in MY Market | 2.5% |
Stable Share Price: IGBREIT has not had significant price volatility in the past 3 months.
Volatility Over Time: IGBREIT's weekly volatility (2%) 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 | RM6.57b |
| Earnings (TTM) | RM521.02m |
| Revenue (TTM) | RM612.25m |
12.6x
P/E Ratio10.7x
P/S RatioIs IGBREIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IGBREIT income statement (TTM) | |
|---|---|
| Revenue | RM612.25m |
| Cost of Revenue | RM192.81m |
| Gross Profit | RM419.44m |
| Other Expenses | -RM101.57m |
| Earnings | RM521.02m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.14 |
| Gross Margin | 68.51% |
| Net Profit Margin | 85.10% |
| Debt/Equity Ratio | 29.8% |
How did IGBREIT perform over the long term?
See historical performance and comparisonDividends
5.8%
Current Dividend Yield85%
Payout RatioDoes IGBREIT pay a reliable dividends?
See IGBREIT dividend history and benchmarks| IGB Real Estate Investment Trust dividend dates | |
|---|---|
| Ex Dividend Date | Apr 30 2024 |
| Dividend Pay Date | May 27 2024 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 32 days |
Does IGBREIT pay a reliable dividends?
See IGBREIT dividend history and benchmarks