KIP Real Estate Investment Trust

KLSE:KIPREIT Stock Report

Market Cap: RM 553.7m

KIP Real Estate Investment Trust Valuation

Is KIPREIT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of KIPREIT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KIPREIT (MYR0.9) is trading below our estimate of fair value (MYR1.34)

Significantly Below Fair Value: KIPREIT is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KIPREIT?

Key metric: As KIPREIT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for KIPREIT. This is calculated by dividing KIPREIT's market cap by their current earnings.
What is KIPREIT's PE Ratio?
PE Ratio11.8x
EarningsRM 47.01m
Market CapRM 553.67m

Price to Earnings Ratio vs Peers

How does KIPREIT's PE Ratio compare to its peers?

The above table shows the PE ratio for KIPREIT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.5x
HEKTAR Hektar Real Estate Investment Trust
7.9x-6.3%RM 379.5m
CLMT CapitaLand Malaysia Trust
9.9x-7.8%RM 1.9b
SUNREIT Sunway Real Estate Investment Trust
16.3x4.6%RM 6.2b
PAVREIT Pavilion Real Estate Investment Trust
11.8x-4.3%RM 5.4b
KIPREIT KIP Real Estate Investment Trust
11.8x8.2%RM 553.7m

Price-To-Earnings vs Peers: KIPREIT is expensive based on its Price-To-Earnings Ratio (11.8x) compared to the peer average (11.5x).

Price to Earnings Ratio vs Industry

How does KIPREIT's PE Ratio compare vs other companies in the Asian Retail REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KIPREIT 11.8xIndustry Avg. 14.1xNo. of Companies4PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KIPREIT is good value based on its Price-To-Earnings Ratio (11.8x) compared to the Asian Retail REITs industry average (14.1x).

Price to Earnings Ratio vs Fair Ratio

What is KIPREIT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KIPREIT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.8x
Fair PE Ratio14x

Price-To-Earnings vs Fair Ratio: KIPREIT is good value based on its Price-To-Earnings Ratio (11.8x) compared to the estimated Fair Price-To-Earnings Ratio (14x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KIPREIT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 0.90
RM 1.09
+21.8%
5.5%RM 1.15RM 1.03n/a2
Nov ’25RM 0.94
RM 1.07
+14.4%
7.5%RM 1.15RM 0.99n/a2
Oct ’25RM 0.92
RM 1.07
+16.3%
7.5%RM 1.15RM 0.99n/a2
Sep ’25RM 0.91
RM 1.07
+18.2%
7.5%RM 1.15RM 0.99n/a2
Aug ’25RM 0.91
RM 1.07
+17.6%
7.5%RM 1.15RM 0.99n/a2
Jul ’25RM 0.89
RM 1.04
+16.9%
9.6%RM 1.14RM 0.94n/a2
Jun ’25RM 0.89
RM 1.04
+17.5%
9.6%RM 1.14RM 0.94n/a2
May ’25RM 0.91
RM 1.02
+12.7%
11.8%RM 1.14RM 0.90n/a2
Apr ’25RM 0.89
RM 0.99
+11.2%
9.1%RM 1.08RM 0.90n/a2
Mar ’25RM 0.89
RM 0.99
+11.2%
9.1%RM 1.08RM 0.90n/a2
Feb ’25RM 0.89
RM 0.99
+11.2%
9.1%RM 1.08RM 0.90n/a2
Jan ’25RM 0.90
RM 0.99
+10.6%
9.1%RM 1.08RM 0.90n/a2
Dec ’24RM 0.90
RM 0.99
+10.0%
9.1%RM 1.08RM 0.90n/a2
Nov ’24RM 0.91
RM 0.99
+9.4%
9.1%RM 1.08RM 0.90RM 0.942
Oct ’24RM 0.89
RM 0.95
+6.7%
9.5%RM 1.04RM 0.86RM 0.922
Sep ’24RM 0.90
RM 0.95
+6.1%
9.5%RM 1.04RM 0.86RM 0.912
Aug ’24RM 0.90
RM 0.95
+5.6%
9.5%RM 1.04RM 0.86RM 0.912
Jul ’24RM 0.90
RM 0.98
+9.4%
6.6%RM 1.05RM 0.92RM 0.892
Jun ’24RM 0.90
RM 0.98
+9.4%
6.6%RM 1.05RM 0.92RM 0.892
May ’24RM 0.92
RM 0.98
+7.1%
6.6%RM 1.05RM 0.92RM 0.912
Apr ’24RM 0.91
RM 0.98
+8.8%
6.6%RM 1.05RM 0.92RM 0.892
Mar ’24RM 0.91
RM 0.98
+8.2%
6.6%RM 1.05RM 0.92RM 0.892
Feb ’24RM 0.92
RM 0.98
+7.7%
6.6%RM 1.05RM 0.92RM 0.892
Jan ’24RM 0.91
RM 0.97
+7.7%
0.5%RM 0.98RM 0.97RM 0.902
Dec ’23RM 0.89
RM 0.97
+9.6%
0.5%RM 0.98RM 0.97RM 0.902
Nov ’23RM 0.91
RM 0.97
+7.1%
0.5%RM 0.98RM 0.97RM 0.912

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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