KIP Real Estate Investment Trust
Market Cap
RM432.0m
Last Updated
2021/06/24 15:27 UTC
Data Sources
Company Financials
Executive Summary
Listed on the Main Market of Bursa Malaysia Securities Berhad (Bursa Malaysia) on 6 February 2017, KIP Real Estate Investment Trust (KIP REIT) is a retail focused property trust with a portfolio of community centric malls strategically located across the Malaysian Peninsula. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Fair value second-rate dividend payer.
Share Price & News
How has KIP Real Estate Investment Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KIPREIT is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: KIPREIT's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
0%
KIPREIT
0.1%
MY REITs
-0.8%
MY Market
1 Year Return
7.5%
KIPREIT
-10.6%
MY REITs
9.8%
MY Market
Return vs Industry: KIPREIT exceeded the MY REITs industry which returned -10.6% over the past year.
Return vs Market: KIPREIT underperformed the MY Market which returned 9.8% over the past year.
Shareholder returns
| KIPREIT | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.1% | -0.8% |
| 30 Day | 1.8% | 3.0% | -0.4% |
| 90 Day | -3.4% | -1.1% | -3.0% |
| 1 Year | 16.0%7.5% | -6.9%-10.6% | 13.8%9.8% |
| 3 Year | 34.5%7.5% | 4.7%-9.3% | 5.5%-4.4% |
| 5 Year | n/a | 10.1%-14.4% | 14.0%-5.1% |
Long-Term Price Volatility Vs. Market
How volatile is KIP Real Estate Investment Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Shareholders Of KIP Real Estate Investment Trust (KLSE:KIPREIT) Must Be Happy With Their 50% Return3 months ago | Simply Wall St
KIP Real Estate Investment Trust (KLSE:KIPREIT) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?5 months ago | Simply Wall St
Do Institutions Own KIP Real Estate Investment Trust (KLSE:KIPREIT) Shares?Valuation
Is KIP Real Estate Investment Trust undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KIPREIT (MYR0.86) is trading below our estimate of fair value (MYR1.73)
Significantly Below Fair Value: KIPREIT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KIPREIT is good value based on its PE Ratio (20.6x) compared to the MY REITs industry average (28.1x).
PE vs Market: KIPREIT is poor value based on its PE Ratio (20.6x) compared to the MY market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KIPREIT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KIPREIT's PB Ratio (0.8x) is in line with the MY REITs industry average.
Future Growth
How is KIP Real Estate Investment Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.7%
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as KIP Real Estate Investment Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has KIP Real Estate Investment Trust performed over the past 5 years?
-7.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KIPREIT has a large one-off loss of MYR13.2M impacting its March 31 2021 financial results.
Growing Profit Margin: KIPREIT's current net profit margins (29.2%) are lower than last year (65.6%).
Past Earnings Growth Analysis
Earnings Trend: KIPREIT's earnings have declined by 7.2% per year over the past 5 years.
Accelerating Growth: KIPREIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KIPREIT had negative earnings growth (-56.7%) over the past year, making it difficult to compare to the REITs industry average (-40.2%).
Return on Equity
High ROE: KIPREIT's Return on Equity (4.1%) is considered low.
Financial Health
How is KIP Real Estate Investment Trust's financial position?
Financial Position Analysis
Short Term Liabilities: KIPREIT's short term assets (MYR32.8M) exceed its short term liabilities (MYR14.7M).
Long Term Liabilities: KIPREIT's short term assets (MYR32.8M) do not cover its long term liabilities (MYR316.5M).
Debt to Equity History and Analysis
Debt Level: KIPREIT's debt to equity ratio (60.6%) is considered high.
Reducing Debt: Insufficient data to determine if KIPREIT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KIPREIT's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: KIPREIT's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
Dividend
What is KIP Real Estate Investment Trust current dividend yield, its reliability and sustainability?
7.23%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KIPREIT's dividend (7.23%) is higher than the bottom 25% of dividend payers in the MY market (1.44%).
High Dividend: KIPREIT's dividend (7.23%) is in the top 25% of dividend payers in the MY market (3.96%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, KIPREIT has been paying a dividend for less than 10 years.
Growing Dividend: KIPREIT has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.1%), KIPREIT's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
KIP Real Estate Investment Trust has no CEO, or we have no data on them.
Leadership Team
Experienced Management: KIPREIT's management team is considered experienced (4.3 years average tenure).
Board Members
Experienced Board: KIPREIT's board of directors are considered experienced (5.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
KIP Real Estate Investment Trust's company bio, employee growth, exchange listings and data sources
Key Information
- Name: KIP Real Estate Investment Trust
- Ticker: KIPREIT
- Exchange: KLSE
- Founded: NaN
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: RM432.032m
- Shares outstanding: 505.30m
- Website: https://www.kipreit.com.my
Location
- KIP Real Estate Investment Trust
- Tingkat 6, Menara KIP
- Unit B-6, Block B
- Kuala Lumpur
- Wilayah Persekutuan
- 68100
- Malaysia
Listings
Biography
Listed on the Main Market of Bursa Malaysia Securities Berhad (Bursa Malaysia) on 6 February 2017, KIP Real Estate Investment Trust (KIP REIT) is a retail focused property trust with a portfolio of communi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/24 15:27 |
| End of Day Share Price | 2021/06/24 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/06/30 |
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.