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

FILRT is good value based on its Price-To-Earnings Ratio (9.4x) compared to the peer average (9.9x).

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

FILRT is good value based on its Price-To-Earnings Ratio (9.4x) compared to the Asian Office REITs industry average (16.8x).

What is FILRT'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.

FILRT is good value based on its Price-To-Earnings Ratio (9.4x) compared to the estimated Fair Price-To-Earnings Ratio (11.7x).

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

FILRT (₱3.03) is trading below our estimate of [[fair value]] (₱9.83)

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

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.

Filinvest REIT (PSE:FILRT) - Stock Price, News & Analysis

FILRT Stock Overview

A real estate investment trust, engages in the operation and maintenance of a portfolio of office buildings. More details

FILRT fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	1/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 69.2% below our estimate of its fair value

Became profitable this year

Trading at good value compared to peers and industry

Risk Analysis

Large one-off items impacting financial results

Unstable dividend track record

Filinvest REIT Corp. Competitors

DDMP REIT

PSE:DDMPR

₱18.2b

RL Commercial REIT

PSE:RCR

₱93.0b

AREIT

PSE:AREIT

₱128.2b

Premiere Island Power Reit

PSE:PREIT

₱7.2b

Price History & Performance

Summary of all time highs, changes and price drops for Filinvest REIT
Historical stock prices
Current Share Price	₱3.03
52 Week High	₱3.29
52 Week Low	₱2.55
Beta	-0.061
11 Month Change	-2.26%
3 Month Change	-0.33%
1 Year Change	10.18%
33 Year Change	-60.08%
5 Year Change	n/a
Change since IPO	-56.84%

Recent updates

Shareholder Returns

	FILRT	PH Office REITs	PH Market
7D	1.0%	0.7%	-0.6%
1Y	10.2%	20.3%	13.3%

Return vs Industry: FILRT underperformed the PH Office REITs industry which returned 20.3% over the past year.

Return vs Market: FILRT underperformed the PH Market which returned 13.3% over the past year.

Price Volatility

Is FILRT's price volatile compared to industry and market?
FILRT volatility
FILRT Average Weekly Movement	2.9%
Office REITs Industry Average Movement	2.3%
Market Average Movement	5.1%
10% most volatile stocks in PH Market	9.8%
10% least volatile stocks in PH Market	2.8%

Stable Share Price: FILRT has not had significant price volatility in the past 3 months compared to the PH market.

Volatility Over Time: FILRT's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2000	n/a	Maricel Brion-Lirio	www.filinvestreit.com

Filinvest REIT Corp., a real estate investment trust, engages in the operation and maintenance of a portfolio of office buildings. The company caters its building primarily to multinational business process outsourcing (BPO) companies. Its portfolio consists of 17 office buildings.

Filinvest REIT Corp. Fundamentals Summary

How do Filinvest REIT's earnings and revenue compare to its market cap?
FILRT fundamental statistics
Market cap	₱14.63b
Earnings (TTM)	₱1.58b
Revenue (TTM)	₱2.83b

9.4x

P/E Ratio

5.2x

P/S Ratio

Is FILRT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FILRT income statement (TTM)
Revenue	₱2.83b
Cost of Revenue	₱424.07m
Gross Profit	₱2.41b
Other Expenses	₱829.03m
Earnings	₱1.58b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.32
Gross Margin	85.03%
Net Profit Margin	55.77%
Debt/Equity Ratio	14.5%

How did FILRT perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

74%

Payout Ratio

Does FILRT pay a reliable dividends?

See FILRT dividend history and benchmarks

When do you need to buy FILRT by to receive an upcoming dividend?
Filinvest REIT dividend dates
Ex Dividend Date	Nov 19 2024
Dividend Pay Date	Dec 06 2024
Days until Ex dividend	14 days
Days until Dividend pay date	3 days

Does FILRT pay a reliable dividends?

See FILRT dividend history and benchmarks

FILRT Stock Overview

Rewards

Risk Analysis

Filinvest REIT Corp. Competitors

PSE:DDMPR

₱18.2b

PSE:RCR

₱93.0b

PSE:AREIT

₱128.2b

PSE:PREIT

₱7.2b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: ₱0.06 (vs ₱0.03 in 3Q 2023)

Second quarter dividend of ₱0.062 announced

Director recently bought ₱612k worth of stock

Second quarter 2024 earnings released: EPS: ₱0.06 (vs ₱0.05 in 2Q 2023)

Second quarter dividend of ₱0.062 announced

Filinvest REIT Corp. Declares Third Quarterly Dividends in 2024, Payable on September 6, 2024

Recent updates

Third quarter 2024 earnings released: EPS: ₱0.06 (vs ₱0.03 in 3Q 2023)

Second quarter dividend of ₱0.062 announced

Director recently bought ₱612k worth of stock

Second quarter 2024 earnings released: EPS: ₱0.06 (vs ₱0.05 in 2Q 2023)

Second quarter dividend of ₱0.062 announced

Filinvest REIT Corp. Declares Third Quarterly Dividends in 2024, Payable on September 6, 2024

Now 20% undervalued

Price target decreased by 8.0% to ₱4.00

Insider recently bought ₱574k worth of stock

Insider recently bought ₱292k worth of stock

Upcoming dividend of ₱0.062 per share

Filinvest REIT Corp. Declares Second Quarterly Cash Dividend, Payable on June 7, 2024

Insider recently bought ₱27m worth of stock

Consensus EPS estimates increase by 18%, revenue downgraded

Price target decreased by 7.3% to ₱4.17

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of ₱0.067 per share

Third quarter dividend of ₱0.067 announced

Filinvest REIT Corp., Annual General Meeting, Apr 17, 2024

Upcoming dividend of ₱0.071 per share at 13% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Filinvest REIT Corp. Declares Cash Dividend Payable on December 15, 2023

Insider recently bought ₱903k worth of stock

Insider recently bought ₱911k worth of stock

Upcoming dividend of ₱0.071 per share at 11% yield

Upcoming dividend of ₱0.071 per share at 11% yield

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

CFO & Treasurer recently bought ₱339k worth of stock

Now 21% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 16%

Filinvest REIT Corp. Declares Its Quarterly Dividends, Payable on June 30, 2023

Consensus EPS estimates fall by 13%

First quarter 2023 earnings released: EPS: ₱0.06 (vs ₱0.078 in 1Q 2022)

Price target decreased by 9.7% to ₱6.18

Less than half of directors are independent

Insider recently bought ₱161k worth of stock

Upcoming dividend of ₱0.071 per share at 6.5% yield

Price target decreased to ₱6.85

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Filinvest REIT Corp. Declares Quarterly Dividends, Payable on December 20, 2022

Less than half of directors are independent

Insider recently bought ₱645k worth of stock

Price target decreased to ₱7.40

Consensus revenue estimates fall by 16%

Insider recently bought ₱1.4m worth of stock

Upcoming dividend of ₱0.088 per share

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Filinvest Reit Corp. Declares Quarterly Dividends, Payable on September 20, 2022

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued after recent price drop

Upcoming dividend of ₱0.12 per share

Less than half of directors are independent

Filinvest REIT Corp. Declares Second Quarterly Cash Dividend, Payable on May 27, 2022

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Insider recently bought ₱375k worth of stock

Filinvest REIT Corp. Declares Third Quarterly Cash Dividend, Payable on March 20, 2022

Upcoming dividend of ₱0.11 per share

Filinvest REIT Corp. has completed an IPO in the amount of PHP 11.439315 billion.

Shareholder Returns