| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
DDMPR Stock Overview
DDMP REIT Inc. operates as a real estate investment trust company in the Philippines.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₱1.79 |
| 52 Week High | ₱2.40 |
| 52 Week Low | ₱1.75 |
| Beta | 0 |
| 1 Month Change | 0.56% |
| 3 Month Change | -0.56% |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -20.44% |
Recent News & Updates
Shareholder Returns
| DDMPR | PH REITs | PH Market | |
|---|---|---|---|
| 7D | 0% | 4.6% | 2.9% |
| 1Y | n/a | 4.4% | 0.8% |
Return vs Industry: Insufficient data to determine how DDMPR performed against the PH REITs industry.
Return vs Market: Insufficient data to determine how DDMPR performed against the PH Market.
Price Volatility
| DDMPR volatility | |
|---|---|
| DDMPR Average Weekly Movement | 1.5% |
| REITs Industry Average Movement | 2.9% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in PH Market | 8.9% |
| 10% least volatile stocks in PH Market | 2.7% |
Stable Share Price: DDMPR is less volatile than 75% of PH stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: DDMPR's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | n/a | Injap Sia | https://ddmpreit.com |
DDMP REIT Inc. operates as a real estate investment trust company in the Philippines. Its property portfolio consists of six office towers with retail components in DD Meridian Park. The company was formerly known as DD-Meridian Park Development Corp. and changed its name to DDMP REIT Inc. in November 2020.
DDMP REIT Fundamentals Summary
| DDMPR fundamental statistics | |
|---|---|
| Market Cap | ₱31.91b |
| Earnings (TTM) | ₱3.44b |
| Revenue (TTM) | ₱2.24b |
9.3x
P/E Ratio14.2x
P/S RatioIs DDMPR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DDMPR income statement (TTM) | |
|---|---|
| Revenue | ₱2.24b |
| Cost of Revenue | ₱676.45k |
| Gross Profit | ₱2.24b |
| Expenses | -₱1.20b |
| Earnings | ₱3.44b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.19 |
| Gross Margin | 99.97% |
| Net Profit Margin | 153.43% |
| Debt/Equity Ratio | 0.0% |
How did DDMPR perform over the long term?
See historical performance and comparisonDividends
4.2%
Current Dividend Yield75%
Payout RatioValuation
Is DDMP REIT undervalued compared to its fair value and its price relative to the market?
31.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DDMPR (PHP1.79) is trading below our estimate of fair value (PHP2.63)
Significantly Below Fair Value: DDMPR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DDMPR is good value based on its PE Ratio (9.3x) compared to the Asian REITs industry average (22.7x).
PE vs Market: DDMPR is good value based on its PE Ratio (9.3x) compared to the PH market (13.6x).
Price to Earnings Growth Ratio
PEG Ratio: DDMPR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DDMPR is good value based on its PB Ratio (0.9x) compared to the XA REITs industry average (1.1x).
Future Growth
How is DDMP REIT forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-17.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DDMPR's earnings are forecast to decline over the next 3 years (-17.2% per year).
Earnings vs Market: DDMPR's earnings are forecast to decline over the next 3 years (-17.2% per year).
High Growth Earnings: DDMPR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DDMPR's revenue (3.4% per year) is forecast to grow slower than the PH market (13.1% per year).
High Growth Revenue: DDMPR's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DDMPR's Return on Equity is forecast to be low in 3 years time (5.1%).
Past Performance
How has DDMP REIT performed over the past 5 years?
14.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DDMPR has a large one-off gain of PHP530.9M impacting its September 30 2021 financial results.
Growing Profit Margin: DDMPR's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: DDMPR's earnings have grown by 14.4% per year over the past 5 years.
Accelerating Growth: DDMPR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DDMPR had negative earnings growth (-40.8%) over the past year, making it difficult to compare to the REITs industry average (2.6%).
Return on Equity
High ROE: DDMPR's Return on Equity (9.3%) is considered low.
Financial Health
How is DDMP REIT's financial position?
Financial Position Analysis
Short Term Liabilities: DDMPR's short term assets (PHP3.5B) exceed its short term liabilities (PHP926.0M).
Long Term Liabilities: DDMPR's short term assets (PHP3.5B) do not cover its long term liabilities (PHP7.6B).
Debt to Equity History and Analysis
Debt Level: DDMPR is debt free.
Reducing Debt: DDMPR had no debt 5 years ago.
Debt Coverage: DDMPR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DDMPR has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is DDMP REIT current dividend yield, its reliability and sustainability?
4.24%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DDMPR's dividend (4.24%) is higher than the bottom 25% of dividend payers in the PH market (1.12%).
High Dividend: DDMPR's dividend (4.24%) is in the top 25% of dividend payers in the PH market (4.1%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether DDMPR's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DDMPR's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.3%), DDMPR's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DDMPR's dividends in 3 years are not forecast to be well covered by earnings (105.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average board tenure
CEO
Injap Sia (44 yo)
no data
Tenure
Mr. Edgar J. Sia, II serves as Chairman and Chief Executive Officer of MerryMart Consumer Corp. since 2019. Mr. Sia serves as Chairman and Chief Executive Officer at DDMP REIT Inc and has been its Director...
Board Members
Experienced Board: DDMPR's board of directors are considered experienced (6.3 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: DDMPR only recently listed within the past 12 months.
Top Shareholders
Company Information
DDMP REIT Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: DDMP REIT Inc.
- Ticker: DDMPR
- Exchange: PSE
- Founded: 2014
- Industry: Office REITs
- Sector: Real Estate
- Implied Market Cap: ₱31.911b
- Shares outstanding: 17.83b
- Website: https://ddmpreit.com
Location
- DDMP REIT Inc.
- DoubleDragon Plaza
- 10th Floor, Tower 1
- Pasay
- 1302
- Philippines
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:38 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.